6 Key Takeaways From The NamesCon Domain Auction

domainking131

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Last week’s NamesCon auction was one of the most highly anticipated domain auction events in years and it didn’t disappoint.
The results were solid, just north of 70% of the domain names at auction sold and there is a good chance more will sell in the extended auction.

1) Wholesale buyers, i.e. domain investors that plan on flipping a domain name later down the road are comfortable paying five figures for new gTLDs – 88.xyz sold for $70,000, web.hosting sold for $52,500, and stock.photo sold for $16,000.

2) One-word .COMs sold for lower prices than many of us expected and there were without a doubt some absolute steals for a few names listed with no-reserves.

3) One-character new gTLDs sold well and in a similar price range – from e.gift for $8,000 to i.link at $8,250 to i.rent for $9,000

4) .NET and .ORG are about as cold as they’ve ever been. First, there was only one .NET and one .ORG in the auction, the .ORG – 787.org sold for under $2,000 vs. 180.xyz which sold for $3,500.

5) Two-word .COMs are still sitting in the mid four-figure range for investors.

6) Product domains are way down. There was a time when we used to be able to put a small site on a product domains, get it ranked, and bring in some nice affiliate income.


Complete article here
 
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