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TheDomains.com

Envelopes.com Sold For $400,000 (In 2010)

January 26, 2011 by Michael Berkens

According to the Domainnamestrategy.com blog, which cited an article in “Inc. Magazine“,  the category killer domain name Envelopes.com was purchased in January 2010 for $400,000.

The Inc. article tells the story of Seth Newman president of company called Action Envelope who passed up a chance to buy the domain name for just $10,000 in 1997.

The story goes on to talk about how Mr.Newman spent several years negotiating with the owners of the domain name “before finally buying the site last January at 40 times the original price”.

All and all an interest story of another domain name sale that to my knowledge was never announced anywhere.

At $400,000 this sale would tie for the 17th highest domain sale of 2010 according to DnJournal.com

Filed Under: Domain Sales

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. Sat3D.TV (hey, Sony, Samsung, CNN, Sky, Canal+) says

    January 26, 2011 at 1:30 pm

    a nine letters domain sold at this price is a good news for those who try to sell better and shorter domains

  2. Shai Neubauer says

    January 26, 2011 at 1:50 pm

    Great catch. Not only did he pay 40 times imagine how much business they lost out on in the past 14 years that the name itself could have generated with direct navigation and credibility that comes with it.

  3. Elliot says

    January 26, 2011 at 1:54 pm

    Looks like the company also owns Envelope.com.

  4. Sat3D.TV for Sony, Samsung, CNN, Sky, Canal+ says

    January 26, 2011 at 1:57 pm

    envelope.com redirects to envelopes.com, so, the owner of both domains has (probably) sold TWO domains, not one, for $400,000

  5. IQ says

    January 26, 2011 at 2:10 pm

    as much as i’d like to think this is a pure domain sale, it’s a website sale though right?

  6. Sat3D.TV for Sony, Samsung, CNN, Sky, Canal+ says

    January 26, 2011 at 2:28 pm

    yes, it’s not a pure domain sale, since envelopes.com is an eCommerce site

  7. Rick Schwartz says

    January 26, 2011 at 4:25 pm

    Cheap as shit for an instant worldwide business.

  8. Karan Sharma says

    January 26, 2011 at 5:00 pm

    I dont have any idea about the previous owner of the envelops.com, but i would like to say that the guy is obviously an smart*ss

  9. Ed Keay-Smith says

    January 26, 2011 at 8:21 pm

    Yes that does not surprise me at all.

    Just goes to show that the sales we see that are listed are just the tip of the iceberg!

    I have owned http://www.envelopes.in for almost 4 years now and it has paid for itself 500 times over just being parked. I have had several offers to sell it in the mid $x,xxx price range but so far have not been interested.

    Its not the .com but for a $10 reg fee it was a bargain.

  10. fizz says

    January 27, 2011 at 1:29 am

    G’day Ed, now that’s a very creative way to add to a parked.com page – looks good!

  11. ::: my IndieGoGo project ::: says

    January 27, 2011 at 8:09 am

    t3st

  12. ::: my IndieGoGo project ::: says

    January 27, 2011 at 8:10 am

    yes, why not use a domain to sell something while waiting to sell it

  13. cm says

    January 27, 2011 at 8:24 am

    It’s nice to have:

    envelopes.co
    envelope.co

  14. ::: my IndieGoGo project ::: says

    January 27, 2011 at 9:26 am

    It’s nice to have:

    envelopes.co
    envelope.co

    ————————

    so, why wait to buy them?

  15. ::: my IndieGoGo project ::: says

    January 27, 2011 at 9:27 am

    It’s nice to have:

    envelopes.co
    envelope.co

    ——————–

    so, why wait to buy them

  16. cm says

    January 27, 2011 at 10:03 am

    I should have stated that differently.

    I’m fortunate to have these 2 .co domains.

    …on a side note, I liked your IndieGoGo logo


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