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Andre
Joined:
17 Feb 2004
Posts:
23
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Posted: Thu Feb 24, 2005 4:52 am
Post subject: Deja Vu from the Dot Com boom.
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When I saw this news release I had to check the date to make sure it wasn't 1999. A company has just sold 100000 domain names for $164 Million. The value in the deal is the pay per click advertising displayed on the landing pages of these domains.
Here is the link for the article:
http://news.netcraft.com/archives/2005/02/22/searchoptimized_domain_portfolio_sells_for_164_million.html
[Link corrected to make it work. Andre, there's no need to do anything fancy with an URL in a post. Just simply type it or cut and paste it. The forum software turns it into a hyperlink. Admin.] |
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miltonh
Joined:
30 Aug 2004
Posts:
34
Location:
Texas, USA
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blackstone
Joined:
25 Feb 2005
Posts:
9
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Posted: Fri Feb 25, 2005 3:36 am
Post subject: Wow!
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| That's amazing! |
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mikino
Joined:
15 Nov 2003
Posts:
5
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Posted: Thu Mar 03, 2005 9:29 am
Post subject:
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| The idea is absolutely brilliant. Regretfully, however, it does not serve any other purpose than to line the pockets of one (smart) person. There is no visitor benefit whatsoever in this... |
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affiliatemax
Joined:
11 Jul 2003
Posts:
21
Location:
Edinburgh, Scotland.
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Posted: Thu Mar 03, 2005 1:02 pm
Post subject: very interesting...
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Interesting articles those - thanks Andre and miltonh for posting. mikino I agree - these domains add no value whatsover. Must confess that I lost one of my sites a few years ago to the mysterious 'ultsearch' 
I forgot to renew a domain - not a huge money earner but I was spending a couple hundred a month on Overture sending traffic to it and only realised that the domain had expired and been bought by ultsearch when I typed it in one day to check it. By then I had spent a few months worth of Overture clicks sending traffic to a domain which was no longer mine! In the words of Homer Simpson - "Doh!"
Oh well, you learn from your mistakes.  Moral of the story - always remember to renew your domain names and keep your e-mail address at the registrars up to date. Actually, I think even a few big companies have made the mistake of forgetting to renew their domain name!
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GuitarZan
Joined:
02 Aug 2003
Posts:
80
Location:
Cranbrook, B.C. Canada
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Posted: Fri Mar 04, 2005 3:06 am
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Hey,
I think it was pretty cool of him to sell back that domain for $400. At least he isn't a jerk or anything.
C.K.
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Blue Sky
Joined:
05 Mar 2005
Posts:
1
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Posted: Sat Mar 05, 2005 2:42 pm
Post subject:
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Last edited by Blue Sky on Tue Apr 19, 2005 6:23 am; edited 1 time in total |
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Charlie
Joined:
22 Aug 2003
Posts:
3305
Location:
UK
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Posted: Sun Mar 06, 2005 1:46 pm
Post subject:
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| Blue Sky wrote: | | I think there should be new regulations for eg setting a safe period on expiry of domain like maybe 6 months, that domain even though expired cannot be bought over by anybody. |
But what if someone "snatched" the domain one day after the 6 months?
I feel people have ample opportunity to renew their domains - and the vast majority of those who don't are just plain slack.
You'd have to be both extremely badly organised and deliberately ignore repeated reminders from your registrar that the renewal date was coming up.
(The new opportunities for unsolicited domain transfer requests - which must be acted on for unlocked domains - are slightly different, but most of these cases are from before that.)
Consider the real world equivalent...
You have a shop with a thriving business. Despite repeated requests from the landlord, you decide not to renew the lease, so he throws you out.
The new occupier decides to open a similar shop to yours to catch your old customers. Would you think this was unreasonable behaviour?
I think both scenarios only apply to people who are too badly organised to run the proverbial "booze up" in a brewery.
Just my opinion,
Charlie.
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