Domain Sales

Gold.com Acquired by JM Bullion

According to a press release that was published this morning, the Gold.com domain name was acquired by JM Bullion, a subsidiary of publicly traded A-Mark Precious Metals, Inc. Gold.com was brokered by Andrew Miller of ATM Holdings, Inc., in conjunction with Hilco Digital Assets. Gold.com had been registered under Whois privacy, so I am unsure about who sold the domain name. Following the acquisition, JM Bullion now owns Gold.com and Silver.com.

In the press release, the CEO of JM Bullion shared the company’s rationale for acquiring this valuable domain name asset:

Replying to Inquiries with a Text Message

For most of my highest value domain names, I send prospective buyers to an Embrace.com inquiry form. These domain names are generally unpriced, allowing me to assess market and business conditions at the time of the inquiry. On the form I use, I require a name and email address, but I also request a phone number.

I try to reply to purchase inquiries in a timely fashion. I think it makes sense to negotiate a deal when the buyer is most interested. I use a stock email reply that is individually crafted for each domain name. This makes it easy to reply to inquiries no matter where I am or what I am doing.

Change I Made to Reduce Tirekicking

Last year, I had a bit of a curt exchange with someone who wanted to buy one of my one word .com domain names. His offer was very low, and I think I told him he would need a time machine to buy this domain name for his 3 figure offer. He didn’t love that reply and told me I should provide more information about my expectations on the landing page if I don’t want to waste time.

As much as I think prospective buyers should do their research before buying a great domain name in the same way real estate buyers should know the market, this guy was probably more right than wrong. My landing page did not include any information about the value of the domain name nor did it link to a good resource to educate visitors about its value. You can visit Uppercut.com to see a landing page I use that has not been modified.

WaPo: Porn․ai, Deepfake․com and Deepfakes․com Sold for ~$550k

1

On Sunday, the Washington Post published an article about how the adult entertainment business is being transformed by artificial intelligence. Notably, the article mentioned three domain names that were acquired by a company operating in the business for approximately $550,000:

Rationale Behind CoFounders.com Acquisition

1

It’s not often that we hear from the founders of a company to discuss why they spent what they did to acquire a specific domain name. Yesterday, CoFounders Co-Founder Chris Koerner shared the rationale behind his company’s $65,000 acquisition of the CoFounders.com domain name:

Finalize a Deal by Connecting on LinkedIn

2

When I agree to a negotiated deal on a platform like Dan or Sedo, I have always held the expectation that the payment will be made ASAP. If a buyer did not pay within a couple of days – maybe a day or two longer if it was a large sale – I would ask Dan to cancel the transaction. Perhaps I should be more forgiving.

Within the past couple of months, I have dealt with two counterparties that didn’t pay immediately. Subsequent payment reminders appeared to have gone unanswered. Because communications between buyer and seller cease once a deal is reached, I couldn’t communicate directly with the buyers on the platform. Instead of asking Dan.com to cancel the deals, I connected with these people on LinkedIn.

Recent Posts

Handoff to Dan on Imported Leads Can be Confusing

0
I've been using the lead import option at Dan.com more regularly. Although the 5% commission is not ideal, transactions tend to move more quickly...

ArtificialIntelligence.com Goes Up for Sale

7
I tried to buy the ArtificialIntelligence.com domain name multiple times over the last 10 years. The emails I sent to the registrant went unanswered,...

EU Gives More IP Protection to Food & Drink Producers

0
Did you know that some well-known food and drink varieties are protected intellectual property regulations? Popular types of drinks and foods that are protected...

Price Testing

1
In 2022, my wife and I decided our kids were ready for some big mountain skiing and we planned a trip to the Rocky...

GoDaddy Making You Sign in to See What You Renewed (Updated)

3
This morning, I noticed something different in a domain name renewal email from GoDaddy. Instead of telling me exactly what domain names I renewed...