Escrow.com released some sales data from the first half of 2021, and it confirmed what many people have been saying. Domain name (and website) sales transacted via Escrow.com had a big first half of the year. Escrow.com reported that sales growth for “Online” sales, including domain names and websites, grew 77% compared to the first half of 2020.
This figure isn’t all that surprising given the fact that the world was mired in the growing Covid-19 pandemic during the first half of 2020. People are still dealing with challenges related to the pandemic, but online sales have been flourishing. I am actually bit surprised this figure wasn’t higher, but that may be influenced by my own buying and selling activity.
Escrow.com has grown other lines of business in the last year. In fact, motor vehicle sales sale growth of 210% for the first half of 2021 when compared to the same time period in 2020. Other areas of growth mentioned in the Escrow.com were General Merchandise (up 42%), Services (up 37%) and Luxury (up 18%).
In total, Escrow.com transacted $366.7 million in transactions during the first half of 2021. This marks an increase of 73% from the first half of 2020.
Here are the details that were shared with me today: