Why Domain Names Vary in Price
Writing by Blog Marketing Journal on Sunday, December 23, 2007 Comments Off
Still on the topic of domain names, have you ever wondered why domain names vary in price? Top level domains .com, .org. or .net’s are more expensive than .info, .biz, or country domains such as .us, .eu, or the newest .asia.
So why are some domain names more expensive than the others? One word : COMPETITION. People compete over the most common yet highly popular keywords like Sex, Business, or Diamond.
Truth to tell, there were domain names who were sold and bold as much as at $350 million!
Top 10 Most Expensive Domain Names :
10. Shop.com – sold for $3,500,000
9. Korea.com – $ 5,000,000 in January 2000
8. SEO.com – sold for $ 5,000,000 in June 2007
7. AsSeenOnTv.com – sold for $5,100,000 million in January 2000
6. Casino.com – sold for $5,500,000 million in 2003
5. Beer.com – sold for $7,000,000 million in 2004
4. Diamonds.com – sold for $7,500,000 million in 2006
3. Porn.com – sold for $9,500,000 million in 2007
2. Sex.com – sold for 14,000,000 million in January 2006
1. Business.com – sold for $350,000,000 million in 2007
(Source : Rhyan and Oylinki)
Domains tailing behind the list:AltaVista.com ($3,300,000) ; Vodka.com ($3,000,000) ; Loans.com ($3,000,000) ; Wine.com ($2,900,000), CreditCards.com ($2,750,000), Tom.com ($2,500,000), Autos.com ($2,200,000).
I’m not going to ask anymore why such and such were worth millions of dollars (enough to feed a small African country) because the reason is just obvious. Business is business—the more you spend, expect more in return.
Now, I wonder how much blogmarketingjournal.com is now worth?How much is your blog domain name worth? I guess it’s time for you to increase the market value of your blog. Or who knows, your domain is now worth a million dollars.
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