The Summer months tend to be the slowest time of the year for my business. I typically see fewer inquiries and do less deals during the Summer. In a tweet sent early this morning, Efty reported that there have been a record number of inquiries made via its platform in August – and the month hasn’t even ended:
August usually is a slow month for domain name sales but at Efty we've been seeing an ALL time high for confirmed inquiries so far this mth pic.twitter.com/DxgQgL2OmM
— Efty (@eftycom) August 28, 2017
One reason for the increased inquiry activity could be the growth of the platform. Earlier this month, the company announced it had reached one million domain names on its platform. With more domain names being added to the platform, one can assume that more inquiries will be made (although the quality of domain names on the platform is also important).
In looking at the chart shared on Twitter, it looks like the number of inquiries is growing, but it also looks like August saw a much higher growth rate than previous months. Without knowing the number of inquiries submitted (this was not on the chart), it is difficult to see any statistical significance.
Like usual, I have had a relatively slow month in terms of volume of inquiries. I operate a relatively small domain portfolio, so my business does not always represent the greater domain investment space. I am curious what you are seeing with your investments this month.