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Domain Market Sells $36k in Domain Names

Elliot Silver
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11

DomainMarket.comMike Mann’s DomainMarket.com sold around $36,000 in publicly reported domain sales last week. The high sale of the week was ThreeDiamond.com, which was sold for $10,000. The Whois has not changed for many of these domain names yet, since they are likely pending transfer.

One thing I think Mann does right is that each domain name resolves to a “for sale” landing page, which also has sponsored results PPC links. I would bet that many small business owners have no clue about the Whois database, and they visit the domain name they are interested in buying to see if it’s available. With a huge “Buy” call to action right on the page, it’s easy to see the domain name is for sale.

This is something you might want to consider on your low revenue, undeveloped domain names that you’re looking to sell.

Below are the company’s reported sales:

threediamond.com $10,000.00
moreforyou.com $5,500.00
hybridsoftware.com $2,500.00
earthnetwork.net $2,500.00
discoverygarden.com $2,500.00
twincitiestaxi.com $1,500.00
shoretour.com $1,000.00
defeataddiction.com $1,000.00
potomacsystems.com$1,000.00
alphalifestyle.com $1,000.00
clicktocook.com $750.00
adventuresintechnology.com $650.00
smileforpeace.com $500.00
biddingfrenzy.com $350.00
yippieyeah.com $350.00
laketahoerealtor.com $350.00
propertyobserver.com $350.00
caninevacation.com $350.00
marinemadness.com $350.00
cheerstoall.com $350.00
enterthevortex.com $350.00
supremetransport.com $350.00
thediscountspot.com $350.00
lakeboatrental.com $350.00
ezbrochure.com $350.00
medicareoption.com $350.00
proftitle.com $350.00
creativeendeavours.com $350.00
ecoworker.com $350.00

WhyPark Update: 2 Year Anniversary of Parked Acquisition

Elliot Silver
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29

It’s hard to believe it’s already been two years since WhyPark was acquired by Parked in 2009. WhyPark sent out a news release this morning with some updates that highlight the company’s growth in the last couple of years.

Here are a few things I found interesting:

  • There are now over 800,000 domain names on its platform, which is up from approximately 150,000 domain names before the  acquisition.
  • The company has added 11 apps that have been installed over 153,000 times by its customers. I covered the launch of the apps back in July of 2010.
  • There were a  few hundred templates images offered two years ago, and now there are over 12,000 from which you may choose.

One thing I’ve also noticed is that the Parked.com and WhyPark executives also get along very well, likely playing a big role in the smooth transition. Congrats to Parked and WhyPark.

10 of My Favorite Things

Elliot Silver
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8

Change of pace this afternoon with a non-domain name related post. Here are ten of my favorite things… what are your favorite things?

Sports Team: Boston Red Sox

Ice Cream Flavor: Cinnamon donut ice cream (custom made by a friend)

Color: Green

Domain Name I Own: Torah.com

City: New Orleans

TV Show: How I Met Your Mother

Company: Apple

Athletic Activity: Biking

Artist or Musician: Peter Max

Non Business-Related Website: Boston.com

Some Recent Acquisitions

Elliot Silver
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66

This seemed to be a pretty popular type of article last time I posted it, so here goes again. Below are some of my recent acquisitions (private purchases and auction wins) and hand registrations. Feel free to share yours as well if you’d like.

  • StuttgartHotels.com
  • BoracayHotels.com
  • BikeTours.com
  • IndiaOutsourcing.com
  • CollegeBaseballNews.com
  • HumorForum.com
  • Sweet16BirthdayParty.com
  • InternationalCustodyAttorneys.com
  • DinnerSuggestion.com
  • GoToMonaco.com
  • ElementarySchoolTutors.com
  • InpatientRehabs.com

I also bought a name I would normally be hesitant to purchase: PaulTsongasArena.com. The concert/sports arena in Lowell, Massachusetts was named after Senator Paul Tsongas. Last year, UMass Lowell purchased the arena and renamed it Tsongas Center at UMass Lowell. The previously used domain name, PaulTsongasArena.com, was not renewed and went to auction last week.

Prior to this auction, I contacted the director of the Tsongas Center at UMass Lowell as well as the University’s director of communications, advised them of the dropping domain name and strongly suggested they renew it. They weren’t  interested  and I let them know I was going to try and win it at auction. It cost me a few hundred dollars, but I am going to redirect it to my Tsongas Center page on Lowell.com. At least it wasn’t bought by someone else who would park it.

Great Domain Article on Business Insider

Elliot Silver
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13

I saw a well-writen article about domain names on The Business Insider today, and I want to share it with you. The article is titled, “Why $10,000 For A Domain Name Is Still Cheap,” and it was written by marketer and domain investor/advisor, Alan Dunn.

Dunn provided strong arguments for paying a significant sum of money for the right domain name. He dispels two common arguments about why domain names shouldn’t be worth a lot of money – some people hesitate paying a great deal of money when the domain owners were able to acquire them cheaply, and that some people believe a domain name isn’t actually a valuable item.  Dunn’s real world comparisons are pretty strong.

To drive the point home (that domain names are cheap) Dunn compared the cost of traditional media like billboards, radio advertising, and mobile advertising to the cost of domain acquisitions. Expensive marketing campaigns can be fleeting, but a domain name can be used indefinitely.

If you haven’t read the article yet, I recommend checking it out. The next time someone balks at purchasing one of your domain names for your asking price, you might want to send them a link to the article.

After Half Million Dollar Purchase, Logo.com Now Live

Elliot Silver
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57

Logo DesignIn early November of last year, it was announced that Logo.com had been acquired for a half a million dollars by two Internet entrepreneurs. After months of business planning and website development, Logo.com launched softly a couple of weeks ago.

As you would probably expect, Logo.com is a site that sells professionally created logos. In addition to the logo work, the company also has web designers, branding experts, copywriters, illustrators, and other experts who can help companies enhance their presence online.

For those of you that might have web development or logo related domain names, a blog or a site dedicated to small business, their  affiliate program might be of interest to you. I don’t have the full details of the program, but I understand the company is currently offering a $50 CPA for every new customer (for a limited time). You can leave your contact information, and the company will be in touch.

Under the leadership of eCommerce industry veteran, Alan Townshend, and Internet entrepreneur, Adam Strong, I expect Logo.com will soon be one of the leading websites for logo design.

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