Another blog post by Michael Jackness, the second this week sheds light on another recent six figure domain name purchase.
Today Michael Announced on this blog, that his company Terran Marketing has just purchased another killer domain GraphicDesign.com for $150,000.
Michael write his thoughts behind the purchase:
“”When I saw 201,000 exact match searches I thought for sure I forgot to check the “exact” box and that it was still on broad – uh no. This term actually gets 2,740,000 broad match searches. It was one of those holy &#(@ moments where Jim and I just looked at each other and laughed. The math got even more staggering when we saw that the CPCs for this term are flirting with $10.00. In addition to the great search volume and high CPCs, this already semi-developed site currently ranks in the middle of the 2nd page for this term. That is with zero SEO, only 6 pages on the site, and very few links. We speculate that with very little work this site will rank on the first page within a couple of months. This means a quicker than normal ROI, which is always nice.”
Basically Michael has taken the $415K he sold WebSiteHosting.com for and then acquired this domain GraphicDesign.com for $150K and OnlineDegrees.com for $120K and he still has left over most of what he spent to buy WebSiteHosting.com for which was $190K.