Strength.com Sold for $300,001 at Flippa

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According to a report on NameBio’s blog this morning, the Strength.com domain name sold for $300,001 at Flippa yesterday. It was the largest publicly reported sale of the day, as reported by NameBio in its morning sales report tweet:

A representative from Flippa confirmed that the Strength.com domain name was sold via its platform and shared a link to the listing.

Because the domain name was just sold yesterday, I presume the deal has not yet closed. The listing states “Strength.com – Sports Nutrition and Dietary Supplements Brand Online Business.” This sale appears to be a business in addition to the domain name, so I assume Ron Jackson will not be able to list this as a domain sale. If he did, it would surpass the $300,000 sales of Signet.com, The.Club, and EEN.com.

Also according to NameBio, this

Daily Poll: Do You Respond to Lowball Offers?

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I am sure everyone gets offers they would consider to be lowball offers. People from around the world, with different experiences and budgets, want to buy domain names, and many don’t have a clue about the domain name aftermarket. They know they can spend less than $20 to buy a domain name and probably think they can pick a random domain name and buy it for $20.

Just yesterday, I was offered “$14/year” for a domain name I value into the six figures and has received many 5 figure offers. There is a certain amusement I get when I receive an offer like that which follows a much more serious offer from someone else.

Depending on who the offer is from and what they say in the message field, I may or may not respond. I don’t want to waste my time, but more importantly, I don’t want to deal with someone who is angry about the fact that my company owns a domain name they want and can’t afford.

Do you respond to lowball offers?


Top .com Branded Companies on the 2018 Inc. 5000 List

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The 2018 Inc. 5000 list of the fastest growing companies in the US was recently published. I noticed two domain industry companies that made this year’s list. The .Club Registry reported revenue growth of 419 percent and 2017 revenue of $7.2 million. Namecheap reported 78% revenue growth and 2017 revenue of $109.1 million. Kudos to these two companies.

While looking through the list, I saw quite a few companies that use their .com domain name in the branding. I thought I would highlight some of my favorite .com branded companies from the 2018 Inc. 5000 list:

  • Scientist.com
  • Calm.com
  • Lob.com
  • HealthCare.com
  • Reverb.com
  • Signs.com
  • RealEstateInvestor.com
  • Forever.com
  • Cabinets.com
  • AustinRealEstate.com
  • Jane.com
  • Confirmation.com
  • ClassicCars.com

There were quite a few companies (57 in total) that use .com in their branding.

Beyond .com branding, there were

Daily Poll: Will the “Chip” Market Make a Comeback?

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Giuseppe Graziano published his market report this week, and it wasn’t great news for Chinese Premium “Chip” domain names. Ray Hackney wrote about this yesterday.

I own a couple domain names that would be considered “Chips,” but I also think they are good for Western buyers as well. I don’t closely follow this market, so I wouldn’t speculate about its health or potential for future revitalization. I would be interested in knowing whether readers think the Chip market is primed for a comeback or if it will continue to fall. You are welcome to share additional thoughts in the comment section if you would like:


Report: IRS.com Sold for $600,000

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In a deal uncovered by George Kirikos and shared on Twitter, the IRS.com domain name was reportedly sold for $600,000:

In the SEC filing noted by George, the company stated the following about IRS.com:

“On June 11, 2018, we sold the IRS.com web domain to a company in which our former CFO has a significant ownership interest. The consideration consisted of a cash payment of approximately $0.6 million and assumed liabilities of approximately $0.1 million. We recognized a gain of approximately $0.6 million on the transaction which is reported in Other gain (loss) on our Condensed Consolidated Statement of Operations and Comprehensive Income (Loss).”

I am not exactly sure what the assumed liabilities of $100,000 are, but if I am reading it correctly, it would seem that the buyer paid $600,000 to buy IRS.com. It is unclear to me if the purchase

Look at the Other Extensions

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When I receive an offer or inquiry, I tend to do a little research before replying. I want to see who is interested in acquiring my domain name, and I also want to see why they might be interested in buying the domain name.

To do this cursory research, Google, LinkedIn, and even Facebook are the primary tools I use. Typically, I can find out all I need to know within a few minutes of searching.

One of the best tools that can be used though, is one I use every day: Whois searches. Despite GDPR being in effect rendering this tool less useful, it can still be helpful.

A Whois search is helpful because it

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Strength.com Sold for $300,001 at Flippa

According to a report on NameBio's blog this morning, the Strength.com domain name sold for $300,001 at Flippa yesterday. It was the largest publicly...

Daily Poll: Do You Respond to Lowball Offers?

I am sure everyone gets offers they would consider to be lowball offers. People from around the world, with different experiences and budgets, want...

Top .com Branded Companies on the 2018 Inc. 5000 List

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