Deals.org sold this afternoon on NameJet for $32,901. There were 250 people who placed bids in the auction, and there was a total of 308 bids placed.
The domain name was a privately owned domain name, and it skyrocketed from around $10,000 to the closing sales price during the final minutes. I think it was a pretty solid sales price considering the commercial “deals” term combined with the generally non-commercial .org extension.
Do you think it was a good deal for the buyer or seller?
According to a Tweet that was posted moments ago, NameJet has released the new website that the company had been beta testing for a couple of weeks.
If you’re a frequent NameJet user, you’ll immediately notice that the biggest change appears to be the new design, which lists more available domain names for sale on the home page.
The site functionality works in similar fashion to how it worked before. I was told that the search functionality is far superior to the previous version, and mobile browsing is also enhanced on the new site.
In it’s Tweet, NameJet asks clients to let the company know their thoughts on the new site, so feel free to post any comments here so the company can see them. I am sure it will be helpful if you post an errors you encounter.
If you aren’t a fan of the new site design, you can always revert back to the old site here: http://classic.namejet.com. I don’t know how much longer that option will be available though.
Demand Media (stock symbol DMD) reported its quarterly earnings today, and despite reporting a loss, the company beat the street predictions. Demand Media owns and operates domain registrar Enom and domain auction service NameJet.
The stock ended the trading day down almost 9% to $7.08/share, but the price surged after hours. DMD stock is currently trading at $8.30/share, up close to 20%.
Some information that may be of interest to you from the Q3 report:
Demand Media, trading under the symbol DMD on the New York Stock Exchange, hit a 52 week low this morning, briefly trading at $6.85/share before bouncing off of the low. The company hasn’t been trading for a full year yet, but around the time of the IPO, it traded as high as $27.38/share.
Demand Media owns Enom, one of the largest domain registrars, which owns drop catching auction service, NameJet. There are several DMD executives who have experience with the domain industry.
Another Internet company that hit a 52 week low today was Friend Finder Networks (FFN). Google is trading just above its 52 week low of $473.02, and surprisingly, Yahoo is up today, as is the Nasdaq.
It should also be said that a majority of all Dow component stocks are down today.
In July of 2010, SkiMarket.com sold on NameJet for just a bit under $8,000. The domain name was re-auctioned on NameJet today, and the final sales price was a fraction of that, closing at just $2,600.
When it sold the first time, there were five bidders who bid $2,000 or higher, and this auction had just two bidders bidding above $2,000. The winning bidder this time around does not appear to have been a participant in the previous auction a year ago.
I blogged about this before, but Ski Market was once a thriving ski shop in New England. In 2009, the company filed for bankruptcy, and it appears that the domain name was not renewed and thus went to auction at NameJet.
Personally, I bid higher than the winning bid back when it was first auctioned but missed the end of the auction today. I think it’s a solid name, but I had slight concerns about the brand image and likely wouldn’t have put the time in to develop the domain name.
Perhaps the owner can build the site or sell it to a New England based ski shop that wants to attract people who may not be aware of the company’s demise. Compete shows that over 1,000 people tried to visit the website in November of 2010, despite the fact that the domain name did not resolve.
I was a bit surprised to see a whole bunch of great keyword domain names for sale in NameJet’s “100 Most Active Pre-Release Backorders” email list this morning. After rubbing my eyes a bit, I noticed that most are .CO domain names for sale, and the majority of domain names in the list are .CO domain names.
Here are some of the “most active” .CO domain auctions at NameJet. As more .CO names come on the market, it will become more important for you to confirm the extension of the domain names on which you are bidding.
