By Jason Drohn
Here are some interesting statistics on expired domain name sales I just found:
Singapore December 4, 2007 – Everybody is after the proverbial ‘golden niche’ when it comes to online businesses. And for the past three years, the expired domain names market has been this niche. In 2005, sales of 5,851 domain names generated almost US$29 million. In 2006, sales surpassed the US$100 million mark. To date, there have already been six expired domains bought for over US$1 million each (one of them was sold for almost US$10 million!). And these statistics cover just the public domain name aftermarket. Private sales of expired domains are said to be bring in higher figures.
The expired domain name has long been a source of almost free income, but turning a domain name into $10 million dollars! That is pretty extraordinary!
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Topics: Domain Name Tips |