If you live in the US, I hope you had a great July 4th holiday. If you live elsewhere in the world, I hope you had a great July 4th.
Here are some thoughts and updates I want to share with you. If you have domain industry (or other) updates you think others might be interested in reading, I invite you to share those in the comment section. Enjoy the rest of the day!
The Boston domain investor meetup is scheduled for a week from Wednesday (July 15). I think there will be a nice crowd. If you haven’t reserved a spot and want to attend, please let me know ASAP. Sedo is sponsoring the meetup.
On this coming Wednesday (July 8), there is a meetup at Wrigley Field for the Chicago Cubs game against the St. Louis Cardinals sponsored by Rook Media / Domain Sponsor. There are now 4 tickets available due to a few people being unable to make it. If you want to attend, let me know ASAP and I will put you in touch with Joe (or contact your account manager directly).
Last night, I saw a television commercial for a restaurant that uses LobsterRolls.com for its website despite having a different brand name. The restaurant is know for its lobster rolls though. Interestingly, it looks like Andrew Rosener’s Media Options owned the domain name back in 2010. I don’t see a public sale record on Namebio, so it was likely a private transaction.
Can’t touch this… MCHammer.com expired recently. I wouldn’t touch the name.
>My article with opinions on the impact of the Chinese stock market on domain values was quite popular. If you have other topics you’d like to read about with opinions from brokers, let me know and I will try to put something together.
I am getting a bit concerned about the domain name aftermarket right now. As an investor, this could be a good time to buy great domain names, and I am continuing to buy domain names to add to my portfolio.
Topic I’d like to read about with opinions from brokers is:
(1) ratio of private and publicly known sales above $500k
(2) ratio of private and publicly known average sale prices above $500k
Majority of sales in that range are kept private. Wealthy investors don’t want their financial transactions being publicized on blogs and forums.
There are also many high end listings that are never publicized either, due to the propensity of other brokers who try to poach your clients.
It’s very competitive, so you have to stay low key and market discreetly.
You mentioned you were concerned about the aftermarket. What are you concerned with, and why does that concern prompt you to invest more in domains?
My concerns are about shorter term valuations (next 6-12 months). Businesses will still need great domain names, so I believe in the long term values of great domain names. I am buying great names like Embrace.com, Stingrays.com, and EventPlanner.com if the prices are great.
I am an opportunistic buyer.
Happy 4th and celebrate the great Country.
It is Freedom
Freedom means living without fear!!
Remember 4 yrs ago, 2010-13 when the economy sucks, recession, high unemployment, doom and gloom, and people were dumping houses and DOMAINS…
oh yeah, that was the best time to Buy-ya da ya da ya da, hindsight-Monday morning armchair quarterback–
as usual the rich(me)gets richer because they were the ones who are buying and can afford to buy.
Now, to get into the game- any business- you must have CAPITAL– aka MONEY!!
it takes money to make money.
How are you going to buy a $20k domain when you have none?? well, back to #1- it takes money.
How you get the money? I ain’t telling.
This timeframe is when I started and man it was fun getting great names for $8 in closeout at Godaddy. I can’t get the same quality name for less than $300-500 at GD auctions. All the names that I passed up on back then were actually good names, but they looked bad because there was such a huge volume of names being dumped and nobody wanted anything.
The timing was so perfect I literally thought I was a leprechaun and found the pot of gold. Little did I know that it was purely driven by the economy and the domain market would shift once the economy got going a bit.
I wish I knew then what I know now about this market. I would have bought everything in sight. Those $8 names are so easy to dump for minimum $1,500.
EMD’s are out of flavor at the moment and I am picking them up like the hoarder that I am. IMO, they are as cheap if not much cheaper than at any point in the past 8 years. Want some examples?
Picked up MirroredDesk.com for a $59 backorder. That would’ve gone for 10x that a few years ago.
BrandingYourCompany.com picked up for reg fee. Would’ve taken a backorder then.
Maybe longer tail names, but I am buying great keyword .com names that could be used as brands.
EMD’s are out and brandables are in at the moment. You never know with Google though because you could be holding gold or dirt. If you have single word dotcoms you have no worries but I don’t own any at the moment. I think any name that can be used for an actual online or offline business is money in the bank. i.e. patiowarehouse.com, flowerfactory.com, roofpros.com, etc….
I am a brandable lover but I’m starting to re-think that strategy. I need to put my brain in front of my heart sometimes. Love of your names only goes so far. With all the added marketplaces it is diluting the sales channel and buyers are starting to realize they can just come up with their own name instead of paying $2,500 for a hand reg that’s a month old.
It is the right time to pick up dn with coupons.
Elliot – we sold LobsterRolls.com to him for $10,000 and a lifetime supply of Lobster Rolls! (seriously)
Freq. Searches Traffic Comp. CPC com/net/org Sell It
McHammer.com $69,000 18,800,000 112,220 – high $0.4 Org Available