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Thread: Great Domain Story

  1. 08-28-2009, 11:30 AM #1
    Vijaya
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    Great Domain Story

    "REDC the company that bought the domain auction.com for just $1.7 million earlier this year, announced that they just completed an online nationwide foreclosed property sale, using the domain auction.com.

    The sale generated $31.7 Million in sales.

    The online auction using auction.com, offered 770 assets in 45 states and saw traffic from thousands of online bidders from August 3 through August 23.

    The properties auctioned ranged from million-dollar mansions to smaller single-family houses.

    “This was our most aggressive foray into auctions on a national level, and it was a tremendous success,” said REDC/Auction.com CEO Jeff Frieden.

    The next monthly auction, to be held from September 21 through September 26, will feature foreclosures in more than 40 states.

    Makes that $1.7 million paid for the domain looks pretty cheap, doesn’t it?"

    http://www.thedomains.com/2009/08/27...lion-in-sales/
    3dmovie.com You no what i mean!
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  2. 08-28-2009, 11:32 AM #2
    Domain Jedi
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    Great story. Thanks for sharing!
    A Premium *Product Specific* .Com: SprayTanMachine.com
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  3. 08-28-2009, 12:15 PM #3
    DomainMagnate
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    Great stuff, thanks for the link!
    Visit my blog
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  4. 08-28-2009, 12:20 PM #4
    james2002
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    Thanks for sharing.

    Great .
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  5. 08-28-2009, 12:23 PM #5
    Acro
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    In other news: $3 million dollar baby, Candy.com, generated $3,840.40 in August sales.

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  6. 08-28-2009, 12:48 PM #6
    hina
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    "Great Domain Story".... Hmm..... The domain is great indeed.... But in this case, how much of those $31 million happened because of the domain? I mean... If they were using another domain... Would they get less? or more? I know every case is different, but in this case, does the domain Auction.com have much effect to the sales?

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  7. 08-28-2009, 02:19 PM #7
    Vijaya
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    Quote Originally Posted by Acro View Post
    In other news: $3 million dollar baby, Candy.com, generated $3,840.40 in August sales.
    You have a Link?
    3dmovie.com You no what i mean!
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  8. 08-28-2009, 04:24 PM #8
    Acro
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    I was being sarcastic.

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  9. 08-28-2009, 04:33 PM #9
    owntag
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    In other news: those properties worth $91.7 Million

    A B C D E F G H I J K L M N O P Q R S T U V W X Y Z . C O M
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  10. 08-28-2009, 04:46 PM #10
    wolfis.com
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    and don't forget the cost for ads ( lots and lots of TV ads ) ... millions spend there - ...and the property costs - however ,even if they only netted ( after all expenses ) $ 1000 per property - they still made over 3/4 of a mill in a month - not to bad
    ( which i am sure is way to low - i am guessing more like $ 5000 per property average )
    check it out : BenefitAuction.com
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  11. 08-28-2009, 04:54 PM #11
    stewie
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    good info thx

    .    Buying .ca domains pm with pricing, will reply ..., thx
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  12. 08-28-2009, 05:11 PM #12
    britishbulldog
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    Yeah somehow i don't think it was from the domain but rather than ad's that created this income........
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  13. 09-03-2009, 03:05 AM #13
    Banned: Vutos
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    Wow I really think I might get into the buying house theme.
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  14. 09-03-2009, 04:30 AM #14
    steveatvillas
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    Generating 31m in sales doesn't mean 31m in net profit to the auctioneer! Still, not bad.
    The righter we do the wrong thing, the wronger we become.
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  15. 09-03-2009, 11:50 AM #15
    Carter
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    Great story. Thanks for sharing!
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  16. 09-03-2009, 11:53 AM #16
    Fearless
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    Quote Originally Posted by Acro View Post
    In other news: $3 million dollar baby, Candy.com, generated $3,840.40 in August sales.
    You're being generous.
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