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Overstock.com to launch O.biz

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think

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No your eyes aren't deceiving you. Overstock.com has won O.biz through RFP and plans to launch O.biz for a B2B site:

Overstock wins RFP for single letter .biz domain name.

Overstock.com o.bizIn the first material sign that the release of one and two character .biz domain names could be a boon for the .biz top level domain, Overstock.com has won the RFP for the O.biz domain name. The company will launch a B2B site for businesses to buy goods online at the domain name.

According to a press release, O.BIZ will primarily focus on restaurant, office, and hotel products.

http://domainnamewire.com/2009/09/14/overstock-com-to-launch-o-biz/
 
congrats to overstock? will it pan out? b2b.overstock.com still sounds better to me.
 
Only used Overstock a couple of times. Overhyped :D
 
O would have been OK for adult too :D
 
I thought they were all supposed to be auctioned off starting the 23rd?
 
whats RFP anyway?? www.O.biz, hmmm xxxxxxxxxxxxx.com would still be better IMO :P
 
nice shot in the arm for .biz if they advertise this url heavily. The .biz makes sense, since they will be selling business items to businesses through this url.
 
whats RFP anyway?? www.O.biz, hmmm xxxxxxxxxxxxx.com would still be better IMO :P

Request for proposal. It's a term used when a company is seeking proposals for a project.

A request for proposal (referred to as RFP) is an invitation for suppliers, often through a bidding process, to submit a proposal on a specific commodity or service. A bidding process is one of the best methods for leveraging a company's negotiating ability and purchasing power with suppliers. The RFP process brings structure to the procurement decision and allows the risks and benefits to be identified clearly upfront.[1] The RFP purchase process is lengthier than others, so it is used only where its many advantages outweigh any disadvantages and delays caused. The added benefit of input from a broad spectrum of functional experts ensures that the solution chosen will suit the company's requirements.

The RFP may dictate to varying degrees the exact structure and format of the supplier's response. The creativity and innovation that suppliers choose to build into their proposals may be used to judge supplier proposals against each other, at the risk of failing to capture consistent information between bidders and thus hampering the decision making process. Effective RFPs typically reflect the strategy and short/long-term business objectives, providing detailed insight upon which suppliers will be able to offer a matching perspective.[2]

Similar requests include a request for quotation and a request for information.

http://en.wikipedia.org/wiki/Request_for_proposal
 
Thanks for the info, so does this mean Overstock didnt pay anything/much for the O.biz and are just in partnership with .biz extension promoters.. ??
 
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