How Do Your Domain Sales Stack Up?

Posted on Sunday, February 3, 2008 by clicky

(courtesy of DNJournal)

So we are officially two months into 2008 and recent domain sales are beginning to confirm that domain sales are still big business. 

The first "big" sale of 2008 was Rick Schwartz's sale of to CNN for $750K.
The second notable sale was Moniker's huge broker sale of for a reported $4 million.

In 2006, only 70 domain names sold for a six-figure amount.
In 2007, that number rose to 106.

So the question is: "Where do your domain sales stack up against our industry's recent sales?"

If you're like most, they don't even come close to being in the same ballpark to the ones noted above.  But's that's okay. The domain marketplace is an intelligently designed ecosystem that relies on many components working together to create a climate of structured supply and demand.  If you can supply what someone demands, you can be successful. The key is having what someone wants, when they want it.  This is what distinguishes a professional domainer from a weekend-domainer. 

And this is what we will cover in our up-coming article "Creating Demand For Your Domains". This will be a 4-part series covering topics such as brandability, trend forecasting, alternate marketing and fuzzy logic. Subscribe to our feed here and make sure you don't miss out on this explosive series. 

You're sitting on at least one "goldmine" domain name, you just don't know it  yet.

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