Marchex sells of more domain names.
Marchex reported GAAP earnings of two cents per share after the bell today on $28 million revenue in the fourth quarter of 2010.
It also announced that it sold $2.1 million of “non-strategic” domain names in the quarter. Marchex frequently reports seven figures worth of domain name sales in its earnings announcements.
The company is famous for buying Yun Ye’s domain name portfolio for $164 million. A number of domain names in its portfolio aren’t strategic to the company’s focus on local advertising and the company sells them on occasion — but for a price.
One person who contacted Marchex about a domain purchase told me the company won’t consider offers under $30,000 for a domain.
Full Marchex earnings information is available here.
Jeff says
Interesting… I’ve contacted them before wrt a name and been told $25k. Maybe $30k is a more recent figure.
Andrew Allemann says
@ Jeff – or $30k was an old number.
Farncois says
LOL … This true!
Riccardo prefered sentence:
“The initial bid on this domain needs to be in the high 5 figure price range.”
Even for low value domains (to not say crap) it look likes under $20-30K they don’t sell anything.
I know another few successfull and popular domainers like that 🙂