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For Sale HKC.com Question

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LeeD

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This is on auction right now at snapnames.com. I am new to this and have a question. The bidding is up to $3100.00 for this domain and I wonder why. What are the possible reasons this particular 3 letter .com is being sold for so much? It doesn't seem that great to me, and other 3 letter .coms that did not seem that great to me, sell for around $1k or so. Thanks!
 

JEsports

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Think of all the businesses worldwide that have short 3 digit websites. Some are acronyms of long three word business names and some are the business names themselves. 3 character websites are very easy for people to remember and type in ... henceforth have great value.
 

LeeD

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JEsports said:
Think of all the businesses worldwide that have short 3 digit websites. Some are acronyms of long three word business names and some are the business names themselves. 3 character websites are very easy for people to remember and type in ... henceforth have great value.

I understand that, but didn't seem like HKC.com would be that popular - $3k+ popular...
 

actnow

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I guess the market thinks it is worth $ 3,300. (present bid.)

Maybe, a Hong Kong Company wants it.

Or, the Henry King Corp. (?)
 

Mr Webname

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End users also have access to such auctions - worth more to them than a reseller.
 

nitronet

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Maybe the bidders don't have a clue on what they are doing.

Some people have more money than brains.
 

GT Web

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I think that's a low price for such a nice combination of letters in the 3-letter .com

I expect the auction to finish around the $6000-$8000 range

all 3-letter .coms are big business and the ones with good letters are always in the mid $xxxx range
 

actnow

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nitronet said:
Maybe the bidders don't have a clue on what they are doing.
Some people have more money than brains.

There are the bidders that want to pay 1995 prices.

There are the bidders that want to pay pennies when something
is worth dollars.

There are the bidders that can not afford to layout a lot of dollars.
So, they complain that domains are overpriced.

And, then there are the watchers who lack forsight sitting on the sideline calling the
people willing to act. Fools.

I guess it is the same thing the Queen of Spain held when she funded
Christopher Columbus's expedition. "Some people have more money than brains".

With my little knowledge of business, I think you have to take some risk
to succeed.
 

NameYourself

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GT Web said:
I think that's a low price for such a nice combination of letters in the 3-letter .com

I expect the auction to finish around the $6000-$8000 range

all 3-letter .coms are big business and the ones with good letters are always in the mid $xxxx range


I have to agree here. $6k seems very reasonable for this name. It doesn't contain any less common letters like "z" "q" "x" which are not used as much in company acronymns. The fact that it ends in a "c" is another plus. HK Corp, HK Company, etc...
 

hifi2

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CrazyEightyEight said:
This is on auction right now at snapnames.com. I am new to this and have a question. The bidding is up to $3100.00 for this domain and I wonder why. What are the possible reasons this particular 3 letter .com is being sold for so much? It doesn't seem that great to me, and other 3 letter .coms that did not seem that great to me, sell for around $1k or so. Thanks!

I haven't seen any 3-letter .com without the letters Q, Z, X, etc. sold for anything as cheap as 1k for a long while. hkc.com is definitely worth much more than that. As many have already mentioned, it's a name worth at least 6k at the current market.
 

dvdrip

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It could be used for "Hong Kong China".
 

.biz

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HKC.com.hk - HKC International Holdings Limited is a major telecommunications equipment supplier in Hong Kong, China and Singapore.
 
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mole

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actnow said:
There are the bidders that can not afford to layout a lot of dollars.
So, they complain that domains are overpriced.

Damn right! :-/
 

skylight

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consider the typein traffic....it could worth more...
 
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mole

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skylight said:
consider the typein traffic....it could worth more...

Type-in traffic? From whom, speculators here looking whats behind the hkc.com sale? The end-user doesn't care for 3 letters that haven't achieved a certain recognition and advertising visibility, eg. HSBC.com, IBM.com. HP.com. HKC at this point sounds like HongKongChicken.
 

BiggieBiggie is verified member.

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mole said:
Type-in traffic? From whom, speculators here looking whats behind the hkc.com sale? The end-user doesn't care for 3 letters that haven't achieved a certain recognition and advertising visibility, eg. HSBC.com, IBM.com. HP.com. HKC at this point sounds like HongKongChicken.


hey HongKongChicken sounds kinda tasty! ;~)

nice brandable name for food franchise!
 

dvdrip

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HKC sounds like HongKongCat. Tasty, isn't it? :)
 

Kevin

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Two examples of three-letter dot com sales at both ends of the spectrum (sold to end-users):

FEM.com $14,000 – sold Sept ’04
YVQ.com $400 – sold Feb ’04 (Less than a year ago, but this price level is now long gone!)

But most good three letter dot coms (no “bad” letters) are currently going for $3,000 - $5,000+

If the initials are that of a company name, then corporate identity considerations prevail, and in that light, the seemingly large initial outlay can actually be a great bargain in the long term.
 
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