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Premium Tier .CO and .Club Names Can be Listed on GoDaddy Auctions

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GoDaddy’s Joe Styler shared some news on Twitter this evening that will likely be of interest to domain investors who own premium tier .CO and .Club domain names.

What’s the Biggest Mistake a Domain Investor Can Make?

Domain industry veteran Dan Cera posted his thoughts on the two biggest mistakes he believes a domain investor can make. One is related to buying domain names and the other is related to selling domain names. I like and respect Dan, but I think there is an even bigger mistake that investors can make.

Here’s what Dan wrote on Twitter yesterday:

Tough Loss on Arm.CO UDRP

Global computer chip maker ARM filed a UDRP against the ARM.CO domain name. The company operates its business on the ARM.com domain name. I presume ARM wanted to control the .CO domain name in the event of typos and/or to prevent someone else from owning it. The UDRP decision was published today, and the single panelist ruled in favor of the chip manufacturer.

The respondent did not have an attorney represent him in the UDRP. Although an attorney may have been helpful in responding to a UDRP, I do not think it would have been a good use of money. Legal fees could have cost several thousand dollars, and if an attorney suggested paying for a 3-person UDRP panel, it would have been even more expensive. Spending thousands of dollars to defend a .CO domain name like this probably would have been unwise, particularly since the most likely buyer is the company that filed the UDRP in the first place.

I do not really think this was a great decision, although I am having a tough time pinning the blame entirely on the panelist. The Arm term completely matches the complainant’s ARM branding. However, Arm is a generic word and there are also many companies that have ARM or Arm in their branding. There are many others that have ARM for an acronym.

“You Never Count Your Money When You’re Sittin’ at the Table”

“We are pleased to inform you that the potential buyer for [redacted].com has accepted your offer of 24500 USD.”

“Congratulations, [redacted].com has sold for $1600!”

“Congratulations, you and [redacted] reached an agreement!”

I love receiving emails with the above messaging. They are from different domain name sales platforms notifying me that a buyer has agreed to purchase one of my domain names. The only issue is that these deals have either already fallen through or I expect that they are going to fall through.

First Look: 2021 Domain Industry PMC Jersey

XYZ is the lead sponsor of my 2021 Pan-Mass Challenge domain industry jersey. The XYZ design and operations teams (Amy Brown Cole and Jocelyn Hanc) also created the jersey and shorts I will be wearing. Once again, they did a great job, and the outfit is a .Beauty. In addition to highlighting the company’s flagship .XYZ logo, the XYZ design team also incorporated the company’s other extensions into the front of the jersey. You can see .Quest, .Makeup, .Skin, .Hair, and .Beauty.

On the back of the jersey, you can see the logos of the generous domain industry companies that supported my ride this year. These companies have gone above and beyond by donating at least $500 to Dana-Farber Cancer Institute via my PMC fundraiser. Some of these sponsors have supported my ride since I began riding the Pan-Mass Challenge 8 years ago, and I appreciate it. The domain industry jersey sponsors are listed below.

A Domain Name is Worth What Someone Will Pay For It

This is one of the most common rebuttals I receive when I tell someone the price of a domain name they want to buy and their offer is substantially lower. In the history of domain name sales, I don’t think this type of response has ever gotten a domain name seller to agree on a substantially lower price.

Here’s how I recently replied when someone made a sub-$100 offer for a domain name I value into the six figures, and he responded by saying ‘a domain name is worth what someone will pay for it’:

Recent Posts

Premium Tier .CO and .Club Names Can be Listed on GoDaddy Auctions

5
GoDaddy's Joe Styler shared some news on Twitter this evening that will likely be of interest to domain investors who own premium tier .CO...

What’s the Biggest Mistake a Domain Investor Can Make?

22
Domain industry veteran Dan Cera posted his thoughts on the two biggest mistakes he believes a domain investor can make. One is related to...

Tough Loss on Arm.CO UDRP

2
Global computer chip maker ARM filed a UDRP against the ARM.CO domain name. The company operates its business on the ARM.com domain name. I...

“You Never Count Your Money When You’re Sittin’ at the Table”

5
[youtube https://www.youtube.com/watch?v=7hx4gdlfamo] "We are pleased to inform you that the potential buyer for .com has accepted your offer of 24500 USD." "Congratulations, .com has sold for...

First Look: 2021 Domain Industry PMC Jersey

0
XYZ is the lead sponsor of my 2021 Pan-Mass Challenge domain industry jersey. The XYZ design and operations teams (Amy Brown Cole and Jocelyn...