All posts by Michael Sumner

Daily Market Report for June 8th – NKB.com sold for $31,000

Sedo had the top two sales yesterday. The top sale of the day was NKB.com which sold for $31,000 followed by 5082.com at $14,500 and Mable.com at $7,100. NameBio recorded 163 sales for a total of $162,548 with an average sale price of $997. Compared to the previous day there was an increase of 46% in the number of sales and the total dollar amount increased by 129%.

Mable caught my attention because it’s not every day you see a first name domain up for auction. We wrote an article back in April showing what other first name domains have sold for, and based on that a reasonable price seemed to be $1 per person who had that name in the US.

The census data shows more than 60k people named Mable which means the domain sold for closer to 1/10th of that number. It seems to be a solid buy despite it being a name you might expect to hear on the Andy Griffith Show, and it was also a 3x flip for the previous owner.

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Michael Sumner is the CEO of NameBio.com, and is the lead developer at State Ventures which owns and operates geo domains such as OceanCity.com and Maryland.com. Michael is also the co-founder of DN Media, a company that has been involved in seven figures worth of domain name transactions.

Daily Market Report for June 7th – GameStars.com sold for $8,988

The top sale of the day was gamestars.com which sold for $8,988 at NameJet. NameBio recorded 110 sales for a total of $63,539 with an average sale price of $578. Compared to the previous day there was a decrease of 22% in the number of sales and the total dollar amount decreased by 24%.

In an unusual turn of events the top sale of the day is in English. Game Stars is a great brand in a huge industry, short, memorable, passes the radio test and impossible to misspell.  Everything you look for in a quality domain. Mado seemed a little on the low side, but I guess the “mad” part hurt it a bit.

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Michael Sumner is the CEO of NameBio.com, and is the lead developer at State Ventures which owns and operates geo domains such as OceanCity.com and Maryland.com. Michael is also the co-founder of DN Media, a company that has been involved in seven figures worth of domain name transactions.

Daily Market Report for June 6th – FangKai.com sold for $9,150

The top sale of the day was fangkai.com which sold for $9,150 at DropCatch. NameBio recorded 141 sales for a total of $84,131 with an average sale price of $597. Compared to the previous day there was a decrease of 21% in the number of sales and the total dollar amount decreased by 54%.

A Chinese word took the top spot for the second day in a row leaving me out of my depth again. This seems to be a first name, a slang word for cool, or Pinyin for release or unleash (放开). In more apparently Chinese action yunjuhe.com was auctioned for the third time at DropCatch, it first sold for $2,220 and then for $775 with the winning bidder not paying, now it’s back up to $1,950. We’ll see if the third time’s the charm.

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Michael Sumner is the CEO of NameBio.com, and is the lead developer at State Ventures which owns and operates geo domains such as OceanCity.com and Maryland.com. Michael is also the co-founder of DN Media, a company that has been involved in seven figures worth of domain name transactions.

Daily Market Report for June 5th – Baotou.com sold for $61,801

NameJet had the top two sales yesterday, as well as the top sale of the day for two days in a row. The top sale of the day was baotou.com which sold for $61,801. NameBio recorded 178 sales for a total of $183,944 with an average sale price of $1,033. Compared to the previous day there was an increase of 21% in the number of sales and the total dollar amount increased by 46%.

Baotou is a city in Mongolia with more than two million people living there, and it also has some Pinyin uses although I won’t pretend to know anything about that. If anyone knows please post in the comments. Other than the Geo angle it doesn’t seem to have commercial Pinyin uses, but tou bao (backwards) seems to be related to insurance.

As a big fan of short domains it is nice to see PJ.org sell for almost triple what it did two years ago. I sold my only LL.org for $9k about nine months ago and it was of similar quality. FCJ.net is a nice reminder that we don’t know what a good combination is any more when it comes to a Chinese buyer, it was flipped for almost triple as well but in less than three months time.

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Michael Sumner is the CEO of NameBio.com, and is the lead developer at State Ventures which owns and operates geo domains such as OceanCity.com and Maryland.com. Michael is also the co-founder of DN Media, a company that has been involved in seven figures worth of domain name transactions.

Search by Venue is Back!

Searching by venue is a feature that many users requested we bring back after we re-launched in February, and today we did just that. There are a number of reasons a domain investor might want to search by venue. Continue reading

Michael Sumner is the CEO of NameBio.com, and is the lead developer at State Ventures which owns and operates geo domains such as OceanCity.com and Maryland.com. Michael is also the co-founder of DN Media, a company that has been involved in seven figures worth of domain name transactions.

Daily Market Report for June 4th – 6820.com sold for $16,920

NameJet had seven of the top ten sales, and it also had the top five sales yesterday. The top sale of the day was 6820.com which sold for $16,920 followed by NoseJobs.com at $15,000 and Cyclists.com at $12,100. NameBio recorded 145 sales for a total of $125,585 with an average sale price of $866. Compared to the previous day there was a decrease of 8% in the number of sales and the total dollar amount decreased by 38%.

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Michael Sumner is the CEO of NameBio.com, and is the lead developer at State Ventures which owns and operates geo domains such as OceanCity.com and Maryland.com. Michael is also the co-founder of DN Media, a company that has been involved in seven figures worth of domain name transactions.

Should You Charge a Bulk Premium?

Offering a bulk discount when selling a portfolio of domain names is a common practice, the idea being that it is quicker and easier for the seller to move the domains in a single transaction so the buyer is enticed with a lower price. However, I think there are times when charging a premium for a bulk deal actually makes sense, meaning that each domain earns more than it would have sold for individually. Continue reading

Michael Sumner is the CEO of NameBio.com, and is the lead developer at State Ventures which owns and operates geo domains such as OceanCity.com and Maryland.com. Michael is also the co-founder of DN Media, a company that has been involved in seven figures worth of domain name transactions.

Daily Market Report for June 3rd – LYS.com sold for $45,006

This is the second day in a row that Sedo took the top spot with a large three-letter .com sale. The top sale of the day was lys.com which sold for $45,006. NameBio recorded 157 sales for a total of $202,392 with an average sale price of $1,289. Compared to the previous day there was an increase of 1% in the number of sales and the total dollar amount increased by 41%.

NameJet also put up another big LLL.com sale with SDU.com at $30,100. We can see the decline of the long-tail, exact-match domain with the sale of EarnADegreeOnline.com which sold for a mere $510 at NameJet, quite a ways off from its $4,300 sale in 2010 at the same venue. AdWords Keyword Planner reports only 170 searches per month but a whopping $38.64 CPC.

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Michael Sumner is the CEO of NameBio.com, and is the lead developer at State Ventures which owns and operates geo domains such as OceanCity.com and Maryland.com. Michael is also the co-founder of DN Media, a company that has been involved in seven figures worth of domain name transactions.

Daily Market Report for June 2nd – NBT.com sold for $50,000

Sedo had the top four sales yesterday, three of which were ccTLDs. The top sale of the day was nbt.com which sold for $50,000. NameBio recorded 153 sales for a total of $142,671 with an average sale price of $932. Compared to the previous day there was a decrease of 10% in the number of sales but the total dollar amount increased by 2%.

NBT.com was the highest public three-letter .com sale in almost a month. The WHOIS is still showing Sedo’s transfer service, but I think it is safe to assume that this was an end user sale. Although with wholesale prices quickly closing in on retail prices it is hard to say with certainty. Converse.cn which sold for $10,000 is showing Mark Monitor in the WHOIS so that was likely purchased by the shoe company.

You’ll notice that we automated the collection of 4.CN sales yesterday bringing the total number of venues we track on a daily basis to eight. Unfortunately they had a weak debut only putting up four sales over $100 for a total of $1,160. It will be nice to have their data when they sell a short or numeric domain though, the Chinese are driving the market for these categories so the prices attained at a Chinese marketplace will provide valuable insights.

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Michael Sumner is the CEO of NameBio.com, and is the lead developer at State Ventures which owns and operates geo domains such as OceanCity.com and Maryland.com. Michael is also the co-founder of DN Media, a company that has been involved in seven figures worth of domain name transactions.

Daily Market Report for June 1st – Embrace.com sold for $18,877

NameJet had six of the top ten sales yesterday. The top sale of the day was embrace.com which sold for $18,877. NameBio recorded 163 sales for a total of $134,141 with an average sale price of $823. Compared to the previous day there was an increase of 4% in the number of sales and the total dollar amount increased by 96%.

Embrace.com is one of the nicest domains to come up for auction this year. These empty vessel brands can be used for a wide range of products and services, and “embrace” is a very positive sounding word that could work for dating, skin care, lingerie, adoption or practically anything in between.

These types of names can result in huge end user sales, I think the buyer can expect to retail this one for high five figures to low six figures eventually. The auction had 150 participants but only two bidders above the $10k mark, with the winning bidder being Elliot Silver of DomainInvesting.com fame. Good luck to Elliot with the domain!

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Michael Sumner is the CEO of NameBio.com, and is the lead developer at State Ventures which owns and operates geo domains such as OceanCity.com and Maryland.com. Michael is also the co-founder of DN Media, a company that has been involved in seven figures worth of domain name transactions.