TRAFFIC Extended Auction Nets $379,000: LongIsland.com Sells For $370K
2010 February 4
The extended TRAFFIC auction which was held by RickLatona.com just closed with $378,900 in sales.
LongIsland.com sold for $370K after the reserve was lowered just hours before the auction closed.
The other sales from the auction:
Imply.com $4,000
JusticeDepartment.com $1,800
CuteTops.com $1,100
Ocnn.com $1,000
defensiveback.com $400
etaxreturn.com $300
php.mx $300
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LongIsland.com = not a pure domain sale, rather a well established and existing site from 1996.
Take away that one biggie sold and you got less than $10k in sales from 8 names… Man, that is kinda sad
Mike
You are correct Longisland.com is a well established site with huge traffic.
However I do not know what the terms of the sale were regarding content, advertisers and lets call it the business of the site.
I currently have InternetServiceProviders.com and HomeBusinessOpportunities.com in the TRAFFIC extended auction at proxybid.com/ricklatona for $35,000 reserve price. Considering the adwords spend each month by end users for phrases ‘internet service providers’ and ‘home business opportunities’, either of these domains would be an absolute steal for an end user.
Perhaps we, as domainers, also need to spend more time working *together* on figuring out best practices for we ourselves to market to end users. After all, the more that end users become educated about the value of domain names, the higher the value of all of our domain names.