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Many domain investors find it challenging to comprehend the psychology of domain buyers. Their understanding of buyer needs and expectations is often insufficient, leading to challenges in negotiation and pricing.
Many domain investors find it challenging to grasp the mindset of domain buyers. Insufficient understanding of buyer needs and expectations often poses challenges in negotiation and pricing.
To shed light on this, three end users were contacted to share their unique stories, each offering a different perspective. Let's delve into their experiences.
1. SquidVision.com: A Journey from Lease to Ownership
"When creating SquidVision, our initial plan was to use the domain SeerMetrics.com. However, we were concerned about its memorability. Hence, we explored available .com domains in the public market and ultimately chose SquidVision.com, acquired through HugeDomains.com. We paid over $2,200 for the domain, but we had no qualms about the expense, especially since HugeDomains allowed us to pay in eight monthly installments."
2. SeoWorks.com: An "Upgrade" After Using ccTLD
"Approximately 2-3 years ago, we acquired SeoWorks.com to expand our international reach. Our existing domain, seoworks.co.uk, primarily targeted the UK. Acquiring a new .com domain enabled us to offer our digital growth services to a broader international audience.
The acquisition involved direct negotiations with the previous owner, with whom we had prior interactions. When he concluded his business, he reached out to us to inquire if we were interested in purchasing the domain. After negotiations, we settled on a price of approximately $15,000 for the domain and some related assets. The transfer process was smooth, with funds held in escrow until both parties confirmed the completion of all agreed-upon terms."
3. ExplodingIdeas.com: End User in an Expired Domain Auction
"In July of this year, we purchased ExplodingIdeas.com for $2,100 in a GoDaddy auction. I understood that securing the perfect name was crucial for shaping our startup's brand, aiding our team in ideation and brainstorming.
Upon seeing ExplodingIdeas listed for auction, I promptly acquired it – the name perfectly aligned with our explosive approach. We did get caught up in a bidding war, but considering all factors, I still believe it was a fair price."
While two grand pianos might sound expensive to some, for us, having such a killer name immediately establishes credibility and memorability. Personally, I find the brand uplift well worth the investment. So far, the domain has proven itself in attracting both customers and talent. In my book, money well spent!
24 Feb 2025 05:35:17 PMIndustry Information
Recently, Domain broke the news on the social platform X that the ace.ai domain name has been sold at a high price of US$205,000.
24 Feb 2025 10:32:31 AMIndustry Information
On February 22, 2025, the once popular online travel agency (OTA) domain name PegiPegi.com was sold for $51,000.
22 Feb 2025 02:05:55 PMIndustry Information
According to the data, .com will still be the dominant player in 2024. Its deep market foundation and wide recognition give it a significant advantage in key indicators such as sales price and sales rate.
22 Feb 2025 10:17:20 AMIndustry Information
Recently, Halliburton Energy Services filed a UDRP (Uniform Domain Name Dispute Resolution Policy) against itself for the halliburton.jobs domain name, which has attracted widespread attention in the industry.
Recently, the domain name trading market has once again stirred up waves, with two domain name transactions of up to $95,000 attracting a lot of attention. The two domain names are Dreaming.com and L5.com.
Industry Information 21 Feb 2025 03:30:41 PM
Liverpool Football Club has lost a court case in a dispute over the LiverpoolFCTickets.com domain name.
Industry Information 21 Feb 2025 10:32:27 AM
The National Telecommunications and Information Administration (NTIA) of the United States has issued a "Market Research Request for Information (RFI)" for the future development of the US national top-level domain ".us".
Industry Information 20 Feb 2025 02:12:59 PM
Recently, NamePros community member Viet posted that the domain name Essos.com was sold for $80,000. It is understood that the domain name was registered in 2012. According to DotDB.com data, "Essos" has been registered in 32 suffixes.
Industry Information 20 Feb 2025 10:04:12 AM
Tucows has celebrated a major industry victory, defeating GoDaddy to become the new backend registry service provider for India’s .in country code top-level domain (ccTLD).
Industry Information 19 Feb 2025 04:16:58 PM
The Commerce.com domain name was successfully sold for US$2.2 million (approximately RMB 15.8 million), becoming the first public seven-digit domain name transaction in 2025, strongly breaking the annual record.
Industry Information 19 Feb 2025 11:48:48 AM