The domain Ad.com sold for $1.4 million yesterday at domain name registration company Moniker’s TRAFFIC conference in Silicon Valley. The winning bidder was Divyank Turakhia of Directi.com and CEO of Skenzo, a domain parking company.
Moniker made more than $2 million in domain names at the TRAFFIC auction, with Ad.com taking the highest bid. Bottledwater.com took the no. 2 spot at $45,000 and Athletic.com received the third highest amount, selling for $40,000.
$1.4 million may sound like a lot to spend on a domain, especially given the current state of the economy. But Ad.com is a two-letter domain that is easily pronouncable and actually means something, so it’s definitely valuable in the domain market. And a recession doesn’t seem to be stopping companies from spending the big bucks for desirable domain names so Turakhia may be able to flip Ad.com for a profit. Travelzoo bought Fly.com for $1.8 million in January. Vibrators.com was sold for $1 million a back in November and A&T’s YellowPages.com paid $3.85 million for YP.com in December.
had they played their cards right they could have turned into a web 2.0 site, and sold a 10% stake for $1 billion.
Very true technotopia… I am sure others are giving this a try as we speak!
Jon
http://WoodMarvels.com – Create Unique Memories
That was a fantastic sale. Congrats to the buyer and seller. If anyone is selling names, let me know
Steven, what would be your offer for my domain roadpest.com?
With a domain like that, would have been better off negotiating a “rental” fee-
ie- You pay me 500k one time, and 1% of your profits forever
Denverrealestate.com was recently sold for an undisclosed amount. I know that realty.com had a reserve of over 6 million.
The value of domain names – especially those that are generating revenue is continuing to grow.
We just concluded a white paper on geo targeting of domain names to promote local search. It can be downloaded free at the wav group blog
Nice sale for Moniker, but they sold to our competitor directi.
LOL
I’ll drop a #deuce on that purchase.
http://www.twitpoop.com/
Dang, I’ve been thinking of putting up a list of domains for sale on my site. I might have to put up that list tonight. I have no problem thinking up great domains, but I don’t have a clue how to sell them or who to trust.
That’s a steal! I think this is an easy flip a few years down the road. Does anyone know if these guys typically develop sites using the domains they purchase?
I told MG about it 18 hours ago.
Interestingly that domain will continue to gain links because everyone (in the company and media) always refers to Advertising.com as Ad.com
http://singlepi...ion-at-auction/
who owns the greatest strategic natural language location based domain portfolio ever created? me.
MyLocator.me – know yourself
LOL
Are you as irritating in real life as you are online/on techcrunch?
I always kick myself after accidentally reading one of your retarded replies that only serve to promote your business.
SpamLocator.com – locate bullshite spammer BOT.
ABCSearch recently rebranded itself to advertise.com as well
that’s a lot of money for two letters.
They could take that money and buy an entire neighborhood of Detroit. The economy is rebounding http://iamned.com/blog/ keep buying stocks
National A-1 Advertising is probably sitting on about $250M worth of domains. They have huge names. They stopped bidding on Toys.com @ $5M when they figured out that Toys’R US wasn’t going to back down.
Toys R US bought the domain toys.com for $5.1 million in March … domains are increasing in value — FreeHoroscope.com sold for $255,000
I paid $$$,$$$ for a Debt related domain name recently. Also paid $$,$$$ for a tax related one as well. It’s an asset. Try re-selling billboard or print advertising from two years ago. You can’t. It really is like real estate.
Domains are probably the greatest investment better than stocks,property,gold or anything i have made thousands and thousands in ROI in one year so forget about 5%,10% or even 50% domains is the way to go for great investment……..
That seems cheap
Wow! With that amount im convinced to hope and hold on to my BeachAd.com dom
Waste of a property if this will be used as a parking page. Great domain.
Constantine from Music.us
.MUSIC Domain Extension
If there are any startups out there looking for a great domain, I am listening to offers for Copies.com. This can be great for a company in the digital space (music, books, storage) or a company in the printing space. Send inquiries to info@copies.com.
Paul; though we’re not looking to enter that market; I wanted to give you just a quick note to say that Copies.com is a great domain.
Very surprised no one’s snapped it up yet; as your pricing expectations; based on the various sales venues you used in the recent past; are very reasonable.
Best to you in getting a buyer.
Any opinions on the value of neighbor.com? We recently closed the doors to move onto another venture and this domain name is available. Inquiries to info@lunchbots.com.
If we are trying to sell domains here, I have two I may be interested in selling:
soundeffect.com
meanderings.com
Both real words. One could be used for a nice social site. The other for a biz.
The world is of mad man!
i’m accepting offers for goYOU.com
also check my site for more names for sales namebounce.com
dan
Anyone interested in CRAW.COM ?
two-letter domains cost a lot and ad.com is a very good one, but as I can see it suffers a lot in the google serps.
That’s a steal! I think this is an easy flip a few years down the road.
Constantine from Music
The domain was never sold. The buying party failed to make payment as they were scared about falling into legal issue’s with AOL – advertising.com