A little over a month ago, it was reported that Overstock.com would launch a new website on O.biz, one of the first (maybe the first) websites to operate on a one or two letter .biz domain name. This morning, I received word that Moniker will auction off a number of one and two letter .biz domain names at the upcoming TRAFFIC auction in New York on October 28, 2009.
The .biz domain names that will be in Moniker’s live auction are:
Moniker will also have several names in the extended online auction including:
Other one and two character .biz domain names were recently auctioned, with e.biz achieving the highest sales price, selling for $66,001. Most of the other single character .biz domain names sold primarily in the $5-10,000 range with some higher outliers.
I won’t predict how these auctions will play out, but I hope the registry and Moniker are contacting potential end user buyers. As with any extension, the success is related to customer awareness. A company like Overstock branding and marketing O.biz would be very good for domain investors who own prime names.