Home Blog Page 121

Sharing Sales Can Give Away Opportunities

7

I have a “policy” of not sharing my sales for numerous reasons that I shared before. Others like sharing their sales for their own reasons. As an industry participant and publisher, I am always willing to highlight and/or report on a domain name sale I discovered or learned about.

Earlier this week, someone shared some details about a fantastic domain name sale that could have gone under the radar. According to the tweet below, ABiologics.com was sold via Squadhelp for $26,499. Impressively, this was reportedly a hand registered domain name as the seller needed to wait until the 60 day ICANN lock:

The seller could have kept this sale private and used this internal data to secure additional, similar domain names. If it were me, I would probably think that if ABiologics.com sold for more than $25k, perhaps other letter Biologics.com domain names could have substantial value to someone else. I would have gone through the alphabet and registered whatever was available and put those up on Squadhelp. That may have been a lightning bolt sale, but it would have been worth up to $250 to register other available domain names.

Plunge Upgrades to Plunge.com for $250,000

1

In April of this year, David Clements, CEO of Brannans, congratulated the founders of a company called Cold Plunge on its acquisition of Plunge.com. The company had been using TheColdPlunge.com for its website, and acquiring Plunge.com was a great domain name upgrade:

When the domain name upgrade was announced, the acquisition price of Plunge.com had not been revealed. Thanks to a podcast called My First Million (and thanks to Braden Pollock for bringing this to my attention), we now know the cost to buy Plunge.com was $250,000. The company reportedly acquired the domain name from a jazz band in New Orleans.

GoDaddy Auctioning Some NameFind Inventory

In a tweet this afternoon, GoDaddy announced that it will be auctioning some short domain names from its NameFind portfolio. These domain names will be auctioned in 7 day auctions without reserve prices on GoDaddy Auctions. These are private seller domain names rather than expiry domain names:

Current Status of my LTO Sales

3

Last week, I announced that I sold my first domain name via Afternic’s Lease to Own option. The domain name was sold for $4,999, which will hopefully be paid over 12 months. Notably, I turned off LTO for domain names priced below $2,000, so when I received the email I knew it wasn’t going to be a table minimum LTO.

Yesterday afternoon, I checked to see if anything had been done with the domain name I sold. To my surprise, the buyer already launched a website on the domain name. It’s not a simple WordPress theme or a template that was uploaded and potentially forgotten about. I think this bodes well for the completion of this payment plan.

Dropping my One Premium Fee .XYZ

17

I currently own fewer than 30 .XYZ domain names. I acquired most of them via Afternic, Dan, or in auctions on Namecheap. With the exception of Embrace.xyz, I am pretty sure I paid less than $500/each for the domain names I bought.

One important aspect to my acquisition strategy was to acquire domain names that did not have a premium renewal fee. Not only do I not want to pay hundreds of dollars a year (or more) to renew a domain name, I did not want to have to explain the premium renewal fee to prospective buyers. I’ve always felt this was a deterrent.

HugeDomains Expiry Stream on DropCatch

6


I was looking through the names available to bid on at DropCatch.com when something caught my attention. In addition to seeing the “Dropped” and “Private Seller” types of auctions, there are now “Pre-Release” auctions as well.

A quick investigation showed me the source of these domain names. It would appear that HugeDomains is letting some of its inventory expire, and those expiry domain names are coming up for auction on DropCatch. Both HugeDomains and DropCatch have the same parent company – TurnCommerce.