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03-12-2004, 09:46 AM
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#1 (permalink)
| | Platinum Lifetime Member
Last Online: 08-04-2008 10:29 PM Join Date: Dec 2002
Posts: 1,052
DNF$: 10 Location: U.S. | mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K News from NetNames ??? Quote:
The sale of generic domain names is seeing increased levels of interest, the likes of which have not been seen since the .com boom.
The most recent sale reported has been the sale of mercury.com, which was bought by Mercury Interactive Corporation (Nasdaq: MERQ), for $1.1 million. It was also reported last week that the domain name smoking.com was sold for $500,000, mr.com for $350,000 and americans.com for $150,000. | Isn't it a good news?
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03-12-2004, 09:56 AM
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#2 (permalink)
| | DNF Addict
Last Online: Today 09:45 AM Join Date: Jul 2002
Posts: 5,632
DNF$: 5,954 Location: Florida | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Smoking.com didn't sell for $500,000. That was the listing price at GreatDomains. We reported the actual selling price yesterday after getting word directly from GreatDomains: http://www.dnjournal.com/lowdown.htm
Still a great sale and there is no doubt that business is booming again.
__________________ DNJournal.com Howe About That! One Man's Rise From Low Budget Domain Flipper to Million Dollar Dealmaker NameNewbie.com - The Beginner's Guide to Making Money With Domain Names |
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03-13-2004, 07:10 PM
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#3 (permalink)
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Last Online: 08-25-2006 07:09 AM Join Date: Oct 2002
Posts: 1,976
DNF$: 1,386 | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Great news to us. 
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03-17-2004, 09:45 AM
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#4 (permalink)
| | Adult Affiliate Guru
Name: Hal Last Online: 08-20-2008 01:22 PM Join Date: Oct 2002
Posts: 2,596
DNF$: 119,537 Location: Las Vegas, Nevada USA
Country: | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K ..and not a [.BIZ] nor [.INFO] nor [.US] among them!! |
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03-17-2004, 10:24 AM
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#5 (permalink)
| | DNF Addict
Last Online: 05-28-2008 04:06 PM Join Date: May 2002
Posts: 6,715
DNF$: 858 Location: Tonga
Country: | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Quote: |
Originally Posted by DaddyHalbucks ..and not a [.BIZ] nor [.INFO] nor [.US] among them!! | Sure, the extensions you mention are still not sexually mature yet, daddy. Go mess with the adult section and leave the kiddies alone. 
__________________ If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts he shall end in certainties. Sir Francis Bacon |
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03-17-2004, 12:37 PM
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#6 (permalink)
| | DNF Addict
Last Online: Today 09:45 AM Join Date: Jul 2002
Posts: 5,632
DNF$: 5,954 Location: Florida | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Quote: |
Originally Posted by DaddyHalbucks ..and not a [.BIZ] nor [.INFO] nor [.US] among them!! | Yep, and not a single owner of one of those big dollar .com names among us either. On the other hand there are owners of very good Biz, Info & US among us who have sold thousands of dollars worth of new extension domains.
That's the point the .commies always leave out. They point to big dollar .com sales but have never come within sniffing distance of actually owning a .com of the quality that gets sold for a price like that themselves. And given the realities of today's marketplace, they never ARE going to get close to one either.
Meanwhile several new extension folks I know just go about their business piling up profits and building great portfolios for the future with names that are still affordable. The .commies sit and hope that somehow a big dollar .com is going to magically miss the Pool/NW/Etc auctions and fall into their lap. Easter is coming - maybe the Easter Bunny will bring you one! Dream on and continue missing what historically may be looked back on as the greatest buying opportunity since the early to mid 90's when the great .coms were picked up for a song. :-D
__________________ DNJournal.com Howe About That! One Man's Rise From Low Budget Domain Flipper to Million Dollar Dealmaker NameNewbie.com - The Beginner's Guide to Making Money With Domain Names
Last edited by Duke; 03-17-2004 at 12:49 PM.
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03-17-2004, 03:27 PM
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#7 (permalink)
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Last Online: Today 09:00 AM Join Date: Mar 2003
Posts: 3,760
DNF$: 65,403 Location: Washington,DC | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Quote: |
Originally Posted by Duke 1. Meanwhile several new extension folks I know just go about their business piling up profits and building great portfolios for the future with names that are still affordable.
2. Easter is coming - maybe the Easter Bunny will bring you one!
3. the greatest buying opportunity since the early to mid 90's when the great .coms were picked up for a song. :-D |
Duke,
Under point #1, I think the new extensions have already taken off.
And, they are now, no long affordable.
So, please stop buying them when they drop. :-D
Point #2, Everytime I asked the Easter Bunny to bring me something special.
It ends up being a "Rotten Egg".
Point #3. Did I miss another opportunity? Next time, please tell me about it!!! :disappoin
Personally, I think all of the .com supporters should continue to chase the available .coms'.
Because, they will push the .com prices higher and higher. Which, will make all of the other tld extensions rise in price
when I go to sell them.
__________________ Act Now
Last edited by actnow; 03-17-2004 at 03:31 PM.
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03-17-2004, 04:22 PM
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#8 (permalink)
| | Adult Affiliate Guru
Name: Hal Last Online: 08-20-2008 01:22 PM Join Date: Oct 2002
Posts: 2,596
DNF$: 119,537 Location: Las Vegas, Nevada USA
Country: | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Yep, and not a single owner of one of those big dollar .com names among us either. On the other hand there are owners of very good Biz, Info & US among us who have sold thousands of dollars worth of new extension domains.
That's the point the .commies always leave out. They point to big dollar .com sales but have never come within sniffing distance of actually owning a .com of the quality that gets sold for a price like that themselves. And given the realities of today's marketplace, they never ARE going to get close to one either.
Meanwhile several new extension folks I know just go about their business piling up profits and building great portfolios for the future with names that are still affordable. The .commies sit and hope that somehow a big dollar .com is going to magically miss the Pool/NW/Etc auctions and fall into their lap. Easter is coming - maybe the Easter Bunny will bring you one! Dream on and continue missing what historically may be looked back on as the greatest buying opportunity since the early to mid 90's when the great .coms were picked up for a song.
++++++++++++++
Yes, .BIZ/ .INFO/ .US could be the next .COM in a few years.
Or... they could be a .BOMB
My money is on the latter..
Correct, great domains don't magically fall in anyone's lap. The best way is to open up your wallet and spent $XX,000 for a great .COM domain that could be worth 10-100 times that in the near future. There are a few people on this board who do this sort of .COM investing successfully. GeorgeK is one.
Or, you can hope to sell second rate merchandise at a much smaller margin. .BIZ/ .INFO/ .US are all second rate goods.
You can always hope that a .BIZ/ .INFO/ .US will grow up to be a .COM, but in my opinion, that is not an event that seems even remotely possible. |
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03-17-2004, 07:15 PM
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#9 (permalink)
| | DNF Addict
Last Online: Today 09:45 AM Join Date: Jul 2002
Posts: 5,632
DNF$: 5,954 Location: Florida | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Quote: |
Originally Posted by DaddyHalbucks
Yes, .BIZ/ .INFO/ .US could be the next .COM in a few years.
Or... they could be a .BOMB
My money is on the latter..
| You've totally missed the point as well as the boat Hal. Info Biz & US don't HAVE to be the next .COM. It is immaterial. All they need is a small slice of the market to make them profitable for investors and they ALREADY have that with the growth curve just beginning.
I make my living (and it is a pretty good one for myself and my family) almost entirely from new extension sales. Of course, I understand that for some reason there are a handful of you who think dollars earned with .coms are more valuable than dollars earned with new extensions, but for some reason the U.S. Treasury hasn't gotten the word yet! They still treat those greenbacks the same regardless of where they come from. Quote: |
Originally Posted by DaddyHalbucks Correct, great domains don't magically fall in anyone's lap. The best way is to open up your wallet and spent $XX,000 for a great .COM domain that could be worth 10-100 times that in the near future. | In the last few weeks I have sold three new extension domains that I paid $7 each for (at least one bought on this forum) for $1000 each. That is well over 100 times my money in just a couple of months time. But again, I know that money probably doesn't count because it did after all come from new extension sales.
<<You can always hope that a .BIZ/ .INFO/ .US will grow up to be a .COM, but in my opinion, that is not an event that seems even remotely possible>>
As I noted above, I couldn't care less whether that happens or not. It probably won't happen and it won't matter a bit if it doesn't. I was under the impression that people enter this business, like other businesses, to make money. What you haven't learned yet is that there is more than one way to make money in this industry. Why you think the money you make is better than the money someone else makes is a curious concept to me. Perhaps you could explain that one to me again.
The fact is you are hopelessly out of touch with what is going on in the domain market today (but you are only about 9 months behind, so I am sure you will catch up sooner or later). I wouldn't have it any other way though. If so many of you hadn't slept right through the golden opportunity that presented itself over the past few months, those of us who recognized it would not be banking nearly as much money as we are now (with the prospects of dramatically higher returns in the months and years ahead). History keeps repeating itself but not everyone pays attention to the lessons.
__________________ DNJournal.com Howe About That! One Man's Rise From Low Budget Domain Flipper to Million Dollar Dealmaker NameNewbie.com - The Beginner's Guide to Making Money With Domain Names |
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03-17-2004, 07:32 PM
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#10 (permalink)
| | Adult Affiliate Guru
Name: Hal Last Online: 08-20-2008 01:22 PM Join Date: Oct 2002
Posts: 2,596
DNF$: 119,537 Location: Las Vegas, Nevada USA
Country: | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Duke,
It is good to hear your success story with the new extensions.
It goes to prove you can make money in niche markets if you follow them closely and work at it. |
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03-17-2004, 07:53 PM
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#11 (permalink)
| | DNF Addict
Last Online: Today 09:45 AM Join Date: Jul 2002
Posts: 5,632
DNF$: 5,954 Location: Florida | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Quote: |
Originally Posted by DaddyHalbucks Duke,
It is good to hear your success story with the new extensions.
It goes to prove you can make money in niche markets if you follow them closely and work at it. | That is the only point I am trying to make and I would grant that it IS a niche market today - but it is turning out to be a very nice niche that will almost certainly broaden considerably in the months and years ahead. With new people coming into the business I think it is doing them a great disservice to tell them they have no chance to succeed unless they already have tens of thousands of dollars to buy top-level .com domains. I put virtually no capital into the business when I started less than two years ago and I now make my livelihood from it.
I am not knocking .com - how can you knock it? - I am just saying there is more than one way to skin a cat and the economic realities of today's marketplace make it wise to take advantage of every income option available to you. I personally like all extensions that make money for me (that is one reason I don't like .net - it has never produced for me). That is my one and only criteria for judging whether or not it makes sense to invest in specific areas.
In case you haven't guessed, I am also pretty tired of the "superior" attitude of those who think the money they make is somehow worth more than the money others make simply because they happen to be earning from different product lines. That is an asinine attitude that does the industry no good and I'll be happy to tell that straight to the face of any old timer who would like to hear it from me. 
__________________ DNJournal.com Howe About That! One Man's Rise From Low Budget Domain Flipper to Million Dollar Dealmaker NameNewbie.com - The Beginner's Guide to Making Money With Domain Names |
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03-17-2004, 08:45 PM
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#12 (permalink)
| | Platinum Lifetime Member
Last Online: 08-19-2008 01:34 PM Join Date: Apr 2003
Posts: 2,916
DNF$: 812 Location: .ca
Country: | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Duke Question:
3 $1000 sales in a week?
how many do you have??
VERY impressive Duke.
- Jordan |
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03-17-2004, 09:00 PM
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#13 (permalink)
| | TheBest.com
Name: George Kirikos Last Online: Today 01:24 PM Join Date: May 2002
Posts: 2,119
DNF$: 1,630 Location: Toronto, Canada
Country: | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K McDonald's makes a lot of money selling $5 and less Happy Meals. Profitable fancy restaurants exist at $100+ per person, too.  |
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03-17-2004, 09:12 PM
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#14 (permalink)
| | DNF Addict
Last Online: Today 09:45 AM Join Date: Jul 2002
Posts: 5,632
DNF$: 5,954 Location: Florida | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Quote: |
Originally Posted by NameTower Duke Question:
3 $1000 sales in a week?
how many do you have??
VERY impressive Duke.
- Jordan | No, I said above "In the last few weeks ". Those sales have all been on the New TLD charts at DNJournal. Two of them were to Deutsche Telekom (owners of T-Mobile). Apparently one of the world's largest corporations sees some value in new extensions (they bought one .info and a different .biz a short time later). I do have an average of three 3-figure sales a week in new extensions however.
__________________ DNJournal.com Howe About That! One Man's Rise From Low Budget Domain Flipper to Million Dollar Dealmaker NameNewbie.com - The Beginner's Guide to Making Money With Domain Names
Last edited by Duke; 03-17-2004 at 09:20 PM.
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03-17-2004, 09:17 PM
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#15 (permalink)
| | DNF Addict
Last Online: Today 09:45 AM Join Date: Jul 2002
Posts: 5,632
DNF$: 5,954 Location: Florida | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Quote: |
Originally Posted by GeorgeK McDonald's makes a lot of money selling $5 and less Happy Meals. Profitable fancy restaurants exist at $100+ per person, too.  | That's exactly right. There are several tiers in virtually every market. GeorgeK is a guy we all admire for the success he has had in acquiring excellent .com domains. He is a Lexus dealer and I currently sell Hyundais - but we both make an honest living. With threats like Verisign lurking out there I think we would all do a lot better if we realize we are on the same side and concern ourselves with real threats to our marketplace rather than imagined ones from domain extensions.
__________________ DNJournal.com Howe About That! One Man's Rise From Low Budget Domain Flipper to Million Dollar Dealmaker NameNewbie.com - The Beginner's Guide to Making Money With Domain Names
Last edited by Duke; 03-17-2004 at 09:21 PM.
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03-17-2004, 09:21 PM
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#16 (permalink)
| | Platinum Lifetime Member
Last Online: 08-19-2008 01:34 PM Join Date: Apr 2003
Posts: 2,916
DNF$: 812 Location: .ca
Country: | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Quote: |
Originally Posted by Duke No, I said above "In the last few weeks ". Those sales have all been on the New TLD charts at DNJournal. Two of them were to Deutsche Telekom (owners of T-Mobile). Apparently one of the world's largest corporations sees some value in new extensions (they bought one .info and a different .biz a short time later). I do have an average of three 3-figure sales a week in new extensions however. | Whoops..
Still a pretty nice return off of a $7 investment..
Congrats.
- Jordan |
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03-17-2004, 10:53 PM
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#17 (permalink)
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Last Online: Today 09:00 AM Join Date: Mar 2003
Posts: 3,760
DNF$: 65,403 Location: Washington,DC | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Harder I push my kids to do something. More they resist.
Duke, all you can do is give advise on the potential rewards of other tlds to the group that is open-minded.
If the other group is happy with what they have. Then, that is their destiny.
However, thank you for mentoring me thru this very opportune time in the domain business.
__________________ Act Now |
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03-17-2004, 11:51 PM
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#18 (permalink)
| | Adult Affiliate Guru
Name: Hal Last Online: 08-20-2008 01:22 PM Join Date: Oct 2002
Posts: 2,596
DNF$: 119,537 Location: Las Vegas, Nevada USA
Country: | Re: mercury.com - $1.1m, smoking.com - $500K, mr.com - $350K, americans.com - $150K Duke wrote:
With threats like Verisign lurking out there I think we would all do a lot better if we realize we are on the same side and concern ourselves with real threats to our marketplace rather than imagined ones from domain extensions.
++++++++++++++
Agreed.
Although I never viewed the new extensions as a threat. If anything, they help me. They siphon off domainer money which could otherwise be used to compete in the .COM space. |
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03-18-2004, 12:00 AM
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#19 (permalink)
| | Adult Affiliate Guru
Name: Hal Last Online: 08-20-2008 01:22 PM Join Date: Oct 2002
Posts: 2,596
DNF$: 119,537 Location: Las Vegas, Nevada USA
Country: | |