The previous owners of these valuable three letter domains let them expire.
Three letter domains are very valuable, so I was surprised to see so many of them expired this month.
According to Namebio, the following domains were dropped and then auctioned off by Godaddy.
Domain | Auction date | Sold |
---|---|---|
XGO.com | April 2 | $21,418 |
GYR.com | April 6 | $17,500 |
HYW.com | April 18 | $21,850 |
This fact suggests to me that there are still many owners who are not aware that domains are valuable. In particular, LLL .com domains have a liquid market of buyers. These domains have solid demand in China because they carry two functions: (1) as acronyms to shorten long names, and (2) to enable Chinese companies to go global.
For example, does anyone know a company called 大疆创新 (Da Jiang Chuang Xin) in Chinese or Da Jiang Innovations in English? Neither of the names can easily become a global brand because they are long or difficult to remember. The company invested $300,000 in 2013 to upgrade to DJI.com, which is now recognized as a global brand in drone technology.
Another example is the logo design marketplace Zhu Ba Jie (猪八戒). Pronouncing “zhu” correctly may be a challenge for non-Chinese speakers. In 2016, the company upgraded from the already brand-matching Zhubajie.com to ZBJ.com. Now, it is simply known as ZBJ or ZBJ.com outside China.
In short, LLL domains are very powerful and therefore their values will continue to grow in China. It’s shocking that people let them expire.
Michael says
Thanks for the useful info regarding Chinese usage.
Sometimes people simply die, or companies dissolve and nobody is in charge of the domains. But I guess there could still be some people out there who have no idea domains can be valuable…
Michael says
That was a pricing error. Since I am the owner, I’m glad you noticed it before someone grabbed it at that price 🙂
Michael says
The above was meant as a reply to Bashar below.
Kassey Lee says
So the time will come when we’ll put domains into asset protection plan.
Michael says
Yes, that is a must these days. But easier said than done…
David says
Hey Michael, any idea where I could sell my 3 letter .co domain names ? I was advised to buy them five years ago by someone and now can’t get a hold of him :/ So have no idea where to start! Any advice would be greatly appreciated !
Bashar Al-Abdulhadi says
xgo.com is listed at DAN.com for below $20, why would one buy it for 21K and immediately sell it at loss?
Acro says
These are not “dropped” LLL .com domains, they are domains that were not renewed – for whatever reason – which were auctioned off instead of being deleted. Expired is not the same as dropped.
While LLL .com domains can still drop, as in the case at https://domaingang.com/domain-news/fdj-com-another-valuable-lll-com-domain-has-dropped/ this is extremely rare.
Kassey Lee says
Thanks. Maybe I should have said owners let their domains expire or abandon them.
BullS says
Who the previous owners?
You can track them down and ask them why they dropped the domains…
Glen Foster says
I think it is disgusting that there are entire companies that exist because they ran bots to gobble up virtually every decent two and three word phrase combination for .com. , then effectively hold them hostage. There should be a “use or lose it” policy / LAW . These companies contribute nothing, and hinder others. They are parasites.
Jk says
You are right they are f*** idiots.
Sosimo Narasia says
Couldnt agree more
Rajendra Kumar says
I own few four letter .com domains. Maybe some day they become as valuable.
Kassey Lee says
4L .com domains have genuine demand from corporate China.
247naijabuzz says
Well I still don’t understand why people will go for these auctioned domains at that exorbitant price
Fugg says
I’m glad that people with absolutely no other skill have found something to do with their time and money. God bless them.
Amir Hossain says
I was searching 2 word domain but not available.
OWEN CARVER says
.com will always be in huge demand, like Bitcoin to all the alt coins, simply because it’s the most well known. But these LLL.com expiration situations are irrelevant to the average person. Folks should be looking for 3 letter domains in all of the new domain extensions like .CO, .Vegas, .Shop etc.
David says
Hey mate. I’ve been sitting on 29 three letter .co domain names now for five years. Any idea where I would sell them ? Any advice would be greatly appreciated !
ruhulamin2123 says
How is this possible?
Daniel Seif says
People pay huge amounts of money hoping their unique domain name will bring them website traffic automatically.
Regardless of your business domain name, your website design and structure plays a more important factor than your domain name. You can pick a website domain name that is easy to remember at a much lower price from Google domains or Godaddy.
Ambila says
Thanks for this precious information .Till now , I really didn’t know about the LLL.COM impact on business brands . It could be a game changer in making brands . This powerful strategy could be implemented by other countries too for increasing their brand value.
partitme jobs says
Thanks for the useful info regarding Chinese usage.
Sometimes people simply die, or companies dissolve and nobody is in charge of the domains. But I guess there could still be some people out there who have no idea domains can be valuable…