Jun 18, 2009
Domain names,everyone wants a nice domain name so that anyone can remember and their sales improve.Now a days with lot more people logging on to internet finding domain names suiting your needs is not an easy task.But what about those who are willing to spend the money to get the desired domain name.
But Do domain names matter that much?
Take for instance Google.com ,that isn’t as general as search.com or anyother.What matters more is what you are serving to the users.Check out this video for Most expensive Domain Names Sold in previous 5 years:
While this video as some claim might have missed some of the domain names as:
Beer.com was first sold for $80,000 in 1999 but then was flipped for a cool $7 million in 2004.Interstingly the owner of the site as a 21 year old kid which sold his 80% stake to Zapolin and Miller who then turned it into a portal which sold into a massive $7 million.”When we bought Beer.com, we were told that this was the silliest thing. After we sold it for $7 million, we called the kid from whom we bought the domain, and told him, ‘Hey, by the way, you just made a profit of $1.4 million’.”
More in this list are Casino.com($ 5.5 Million),Diamond.com($7.5 Million),Datarecovery.com($1.7 Million),Creditcard.com(Creditcard.com was initially sold for several million dollars to Click Success, which then developed and boosted traffic on the website, before selling it for $134 million.),Music.com,Phone.com, Chocolate.com, Jeans.com, and Patents.com($1.1 million) are among the most expensive domain names sold.
In February 09,Toys.com was sold for $5.1 million in auction. And a few weeks ago,Candy.com sold for $3 million.And recently Yahoo sold its domain name Contests.com for a mere $380,000.
Domain Buying and selling is becoming a hot industry these days with almost no bar on the size of the company of the domain holder it can turn out to be a fortune for ordinary people to businesses.But the bottom line is do these domain names really need so much investment?
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