GiftBasket.com domain sells for $350,000
Tuesday, November 20th, 2012
Owner of WineGiftBaskets.com shortens name with six figure domain name purchase.
Domain name broker FindYourDomain.com is reporting its second six figure domain name sale in less than a week.
Today the company announced the sale of GiftBasket.com for $350,000.
The domain forwards to WineGiftBaskets.com. The buyer is the owner of WineGiftBaskets.com, and the domain now forwards to the wine domain.
Getting this better domain, just in time for the holidays, should be a boon for the business.
It appears WineGiftBaskets.com itself hasn’t been in business long; the domain was purchased earlier this year by the current owner.
In addition to the traffic the domain undoubtedly receives, the domain will lend instant credibility to the site.
GiftBaskets.com (plural) is a hayneedle store.
Last week the company announced the sale of Feng.com for $250,000.
Spending $350k to redirect? I hope that is temporary until the owner can rebrand.
GiftBaskets.com just shot into the 7 figure realm.
Owen Frager is way ahead of the game on shortening names like this.
I see another name skyrocketing in value as it catches up to the “Black Friday” name. The name is:
ClickFriday.com
It really could have the potential to rival Black Friday as online shopping contiues to grow. We already have “Cyber Monday” however “Click Friday” provides a Black Friday launch day alternative to Black Friday for people who prefer to stay home.
ClickFriday is a pigeon crap name that isn’t worth the $8 you spent to register it.