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Video: Why Nick Huber Paid $400k for Somewhere.com

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Nearly a year and a half ago, I wrote about the $400,000 acquisition of Somewhere.com, which was one of the largest one word .com domain name sales last year. Somewhere.com was acquired by Nick Huber, and the domain name was used to brand Support Shepherd.

In a LinkedIn video posted yesterday, Nick Huber discussed why he bought the domain name. In the video, Nick remarked that he has gotten more value from the domain name than he paid for it. Notably, while the sale was reported at $400,000, the host referenced a $450,000 acquisition price and the acquisition cost is noted as “over $400,000.” I asked Nick why there is a discrepancy on the purchase price, and I will update the sale references if necessary.

Opt-In or Opt-Out for Atom.com Black Friday Sale

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Atom.com is holding its Black Friday sale beginning on November 28th. The deep sale prices may be good for buyers, but they may not be great for sellers who will still have to pay the (relatively high) commission rate on a successful sale.

Sellers are able to opt-in or opt-out of offering Black Friday sale prices for their domain names in their account settings. In fact, there is currently a dashboard-side banner advising sellers about the upcoming sale so they aren’t caught off-guard:

“Atom’s Black Friday Domain Sale is coming! Visit your settings to opt in or out.”

AI Prompts That Helped Me Sell a Domain Name

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I don’t do a ton of outbound marketing to sell my domain names. Not only can outbound be a bit disheartening, but it’s also generally not the best way to get top dollar for domain names. Obviously, I prefer to negotiate with prospects who have expressed an interest in my domain names.

That being said, I used Grok and ChatGPT to help me sell a descriptive domain name a couple of weeks ago, and I wanted to share the prompts that I used to find buyers, contact information, and to craft an email.

ParkLogic to Host 2 Online Sessions to Showcase Services

Domain name parking hasn’t been great for quite some time, but it recently took a major hit with recent Google updates. ParkLogic, which is operated by Michael Gilmour, is a business that specializes in domain name monetization. I have not used its platform, but the company helps domain investors monetize and sell domain names.

I was recently invited to participate in a session to showcase some of its new offerings, but I was unable to attend due to a conflict. In advance of NamesCon, the company is hosting to virtual sessions for domain investors to learn about its platform.

Namecheap Auctions from $400 —> $10

I’ve been bidding on and following Namecheap expiry auctions for .AI and .IO domain names. Most auctions have a standard starting bid of $15 plus the renewal fee. There are some that have $5 or $10 minimum bids, but most seem to be $15.

One thing I noticed is that some auctions have a starting bid of $400 with standard renewal prices. I believe these higher bid amounts are set by the registry operator, Identity Digital, and they impact certain names the registry identifies as “premium,” or some other designation they choose.

Spaceship Hits 5 Million DUM

Spaceship announced a big milestone this morning. The registrar now has more than 5 million domain names under management (DUM). This metric is used to compare the size of a domain registrar, and it can also be used to show growth. In fact, the company highlighted that it only took two months to go from 4 to 5 million DUM: