Displaying posts under "Domain Sales"
Some end user sales…and some probable end user sales.
Sedo handled 573 transactions last week for a total of about $1.0 million of domain name sales.
This week’s end user list is shorter than usual, but that doesn’t mean there were fewer end user sales. For one thing, there are a lot of domains still in escrow.
Another reason is that a lot of sales look like they might be end users, but it’s hard to tell for sure.
For example, competitiveintelligence.com sold for $35,477. End user pricing? Perhaps, but that’s a great domain name. The buyer also owns about 100 domain names, and I many of them are parked. I suspect it’s an end user sale, but I’m not sure.
Another example is Hello.us at 3,125 EUR. The address points to a Regus office in New York City. Sounds like an end user sale to me, but I can’t tie it to one company.
OK, on to the verified list of some of the week’s end user sales at the Sedo marketplace: Click here to view the end user sales list
Owners of SHOEme and OnlineShoes.com buy Shoes.com.
Publicly traded Brown Shoe Co has sold its Shoes.com online business to online shoe-seller SHOEme.
SHOEme operates Shoeme.ca/com and OnlineShoes.com. Hardy Capital acquired both of these companies earlier this year.
In an interview with Business in Vancouver, SHOEme CEO Roger Hardy said “Predominantly, we’re acquiring the assets. That’s the URL, the customers and the history of the customers as well as the inventory.”
Terms of the deal were not disclosed, although I suspect they will be released in Brown Shoe Co’s fourth quarter SEC Filing.
Even with a number attached to the overall deal, it might be difficult to figure out how SHOEme valued the domain name itself. I’ve reached out to the company for comment.
As a point of reference, RunningShoes.com sold for $700,000 in 2011.
Auto insurance comparison site upgrades its domain name.
Auto insurance comparison company CompareNow.com has purchased the domain name Compare.com, according to Whois records.
CompareNow.com was founded by Andrew Rose, previously the chairman and CEO of Elephant Auto Insurance.
If that name sounds familiar, it might be because the company unsuccessfully tried to get the domain name Elephant.com from Adam Dicker through a UDRP in 2005. It later purchased the domain name.
CompareNow.com, like Elephant, is backed by Admiral Group. This time (it seems) it decided to purchase a great domain name legitimately.
According to historical whois records, the domain name was owned by Oversee.net earlier this year. The Oversee.net portfolio was acquired by Rook Media, so it’s possible Rook and its broker Igloo.com were responsible for making the sale.
The domain went into whois privacy at Dynadot last month before changing to Brand Certified, a domain acquisition group, a few days ago. The whois record just switched to CompareNow.
CompareNow.com apparently has over $10 million in financial backing .
I have reached out to the company for comment.
Here are some cases where new TLD registrants flipped new domains for a nice return.It’s easy to come out and say new TLDs are a waste of time for domain name investors and that you won’t make any money with them. You can point to high initial prices and registry premiums to suggest that domainers are being cut out of the action.
The reality is that some people are making good money flipping new TLDs.
I want to be careful to not suggest that flipping new TLDs is easy money. After all, anyone can easily cherry pick sales from weekly reports or DNJournal to show that some people are cashing in on any type of domain name.
That said, I think it’s worth bringing some of these domain resales to attention to show that there are opportunities.
I’ve reviewed a number of new TLD sales from Sedo and DNJournal and verified they were indeed resales (not registrar auctions or direct registry sales) using historical whois records. Click here to see the sales…
RestaurantUniforms.com leads the list.
Sedo handled 458 transactions last week for a total of about $1.0 million of domain name sales.
The biggest public sale was RestaurantUniforms.com, purchased by New York uniform company Paragon Uniform & Apparel, Inc. Another notable sale was GIII.com. Although the price tag was only $5,000, the buyer is a $2.1 billion (market cap) clothing company.
Here’s the list of some of the week’s end user sales at the Sedo marketplace: Click here to view the end user sales list