Below is another look at a few recent domain flips and flops, with recent data courtesy of DN Journal and historical data from NameBio.
Flips
- LocalSpot.com – sold recently for $7,250 at Indus Domains, vs only $638 two months ago at NameJet. A tidy $6,600 profit before commissions in a short timeframe. An acquisition by smart guy currently enrolled at Georgetown.
- DNShow.com – sold recently for $2,499 at GenericDomainMarket.com, vs only $130 in March of this year at GoDaddy. Nearly 20x before commissions in less than 6 months. Domain Name Show?
- SVJ.com – sold recently for $10,000 at Sedo, vs $500 in 2008 at Afternic. Damn, an LLL.com for $500. Those were the days……..
- Cloud.be – sold recently for $11,698 at Sedo, vs $1,500 in 2011 at Sedo. Forwards to Cloud.de. The buyer likes their premium domain names…..per their linkedin profile, “cloud world offers a truly global, unique and highly innovative cloud marketplace for cloud based informations at the premium domains cloud.de, cloud.ch and cloud.at.” Looks like they get to add another domain to their list….the .be.
Flops
- Oar.com – sold recently for $28,500 at Flippa, vs $69,000 on the same platform last year. Lot of value lost in 18 months. Overpaying on the buying end, plus needing to sell on the other end = bad outcome. One commenter said in last week’s Flippa recap that it must be the platform’s fault, but that’s certainly not the case — the domain was marketed heavily in a private domain newsletter, and it was also listed on NameJet without selling.
Note: I didn’t do an exhaustive search of the ownership history of each domain. There are likely cases where there were multiple owners between the sales prices I list.
About DNShow.com, I thought it’s going to be a Domain Name Show too but after looking at the buyer’s domains I’m not sure what he’s going to do with it. Most of his domains look like Chinese words in English or start with “CN”. He also owns SoShow.com and run it as Search Engine. I have another sale that will be on DNJournal.com next week.
BTW, thanks for the linking back. Oops! I guess I’m not a “smart guy”. 🙂
Maybe I speculated wrong, and its future is not a DN Show, but a DNS How.
Congrats on the dnshow.com sale, and looking forward to reading about your more recent sale.
Wrong Platform doesn’t equal Platform’s Fault
It’s a good platform
Each of the auction sites have somewhat different audiences, so perhaps another place in this instance may have done better, especially if it was bought there in the first place.
If it was bought there and then one tried to resell it there it would be interesting to see (stat wise) how often names that are bought at the same platform are then resold there vs buying a name at one place and selling it at another (GoDaddy/Flippa or NameJet/4.cn vs GoDaddy/Godaddy or Flippa/Flippa etc) What option combo is more successful. My guess is the latter where one buys it at one place and sells it at another place.
In either case, it was interesting to see that a 3 letter name like that couldn’t go for more considering they have been selling well of late.
And nice job with these lists
It’s good information
Thanks John, your comments are appreciated.
We’ll have to find someone smarter than me to put together those stats you’re looking for! 🙂