The past two weeks have been busier than I expected in terms of domain name sales. I sold a handful of inventory-quality domain names through a variety of channels. I closed deals via DAN, GoDaddy, and direct negotiations via Embrace.com. There were no home run sales, but I was happy closing 5 figures in deals considering current economic conditions impacting businesses throughout the world. Again, these were middle of the road, replaceable domain names that I was happy to move, with the majority being BIN-priced inventory.
Frankly, when I returned from Costa Rica at the end of February, I thought sales would be pretty dead through the Spring and perhaps into the early Summer. Even GoDaddy warned about softer sales at the higher end of the aftermarket in its Investor Day presentation (page 75). For me, that has rung true, but the lower end sales continue to help fuel my business.
This past Friday, Andrew Rosener from Media Options commented about his company’s sales, and he said it was the strongest week of the year for him: