Another slow quarter, but a rebound might be in sight.
Sedo’s domain name sales continue to fall short of last year.
Today the company released its Q3 domain market study, showing sales of $15,147,216 in the quarter ended this September.
Last year in the same quarter the company turned in $19,303,083 in sales, so sales this year in Q3 were 22% lower.
Its sales performance in Q2 this year showed a similar 29% drop compared to the same quarter in 2011. However, Q2 sales still came in at $17.4 million.
Last year each quarter had at least $19 million in sales.
I expected Q3 numbers to be lower than usual as many of the company’s weekly sales reports topped off around $1 million. However, more recent reports have been closer to $2 million, so hopefully its sales are rebounding.
You’ll also note that one or two seven figure sales can make a huge difference in quarterly numbers.
Here are some other stats from the report:
– 49% of sales were .com and 15% .de.
– Median price $650, which is in line with Sedo’s typical numbers
– sold 8,181 domains, which is much lower than usual
– Buy now sales 42%
In a separate announcement today, the company said it added domain registrar EnCirca as a SedoMLS Premium partner,
RaTHeaD says
they should up their commission from 20 to 30 percent to make things alright again. after all… that’s a small price to pay for being put on a list of ten million domains and hope something sells.
Rob says
lol.