Domain Sales Stay Strong in 2009

As the recession continues to plague most sectors of the economy, domain sales continue strong for 2009. The top 10 largest domain sales of 2009:

Domain Name Sold   Sales Price When Sold
Toys.com $5,100,000 March 15, 2009
Candy.com $3,000,000 June 9, 2009
Fly.com $1,760,000 February 3, 2009
Auction.com $1,700,000 March 24, 2009
Ticket.com $1,525,000 October 14, 2009
Call.com $1,100,000 September 1, 2009
Webcam.com $1,020,000 June 9, 2009
Server.com $770,000 August 4, 2009
Luck.com $675,000 October 14, 2009
Exterminator.com $600,000 October 14, 2009
Christian.com $600,000 Spetember 8, 2009

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Insure.com

insure.jpg
Insure.com has recently sold for whopping US$16 million recently! This is a huge increase from 2001 when it was sold for $1.6 million. Involved in the US$16 million transaction is the domain name and the website itself.

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Any combination of letters can be worth something

All domain names have potential. Any domain can, at some point, mean something to someone. And that someone may be willing to pay lots of money for it.
A good example are brand names: everyday new businesses are formed and brands created. So a good sounding domain with no meaning may become a brand in the eyes of the marketer of a big company.

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Fabulous Acquires Domain8.com.au Drop Service

fabulouslogo.jpgDark Blue Sea the parent compnay of the well know domain parking company Fabulous just acquired the very successful Australian Drop Domain Service Domain8.com.au

Similar to the SnapNames service, Domain8 run by George Pongas, took over where DomainWatch.com.au another Australian Drop Service started. Domain8 was both a registrar and a drop domain catch service, butonly the Drop service was acquired.

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What to sell

Most people believe that you simply need a name and a bit of time to make money when investing in domain names.
This is usually not the best way to make money.

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To sell or not to sell

When you receive an offer for one of your domains, you are likely to make a counter offer in order to get the best possible price. They will reply with another offer and so on.
The hard part is not to make the counter offer, but to decide when to stop talking.

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Expand your portfolio

Sooner or later, you will have more than one domain name in your portfolio, especially if you plan to make a living out of it.
The question is to decide on how to expand it. There are several approaches:

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How much would you pay to own Toys.com?

toys-comlogo.jpgWe all know that a domain name is only worth what a buyer is willing to pay for it, but what if they are willing to pay over $5 million?

Toys.com was sold through Bankruptcy Auction for $5.1 million dollars in March this year. This places Toys.com at the number one spot in dnjournal.com’s highest reported domain sales, so far, for 2009.

The toys store Toy ‘R’ Us purchased the domain name knowing that it had a constant flow of traffic, perfect for their brands. The domain now provides links to Toy ‘R’ Us brands: Babies ‘R’ Us, eToys.com, Baby Universe.com and Toy ‘R’ Us.

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SnapNames Employee was also bidding on many auctions!!!

snapnames.jpgJust received an email from SnapNames that they discovered an Employee under a fake alias was BETWEEN 2005 and 2007 bidding on many of the SnapNames domain drops and using internal system to see the max bids and win good domains, and also the same time also bidding up the prices.

I don’t know about you but we have always had that nagging feeling that our max bids always seems to just stop at the very top and this would explain some of these. There are a few user accounts that were active in 2005 and 2007 that I recall that won some great name…  Anyone care to guess which user handle it was?

In compensation, SnapNames are offering credits or cash refunds to all accounts affected by this which shows great customer service. The full email is below.

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