The auction for the domain name PhonePlans.com just ended on NameJet.com with a winning bid of $26,600
There were 3 bidders at $25K or over so pretty surprised it only went that high.
Another domain name MoneyMarketAccount.com got as high as a $35,100 bid but failed to make reserve.
As a singular domain and with money markets paying fractions of a percent I think $35K would have been a fair price for a seller looking to move the domain
In a couple of other auctions of note; WinterClothes.com sold for a very reasonable $3,660 while a much less useful domain, DragonFruit.com sold for $4,500.
maybe, I should move some of my auctions on NameJet 🙂
As a singular domain and with money markets paying fractions of a percent I think $35K would have been a fair price for a seller looking to move the domain —-
you are right considering that the seller purchased it for $22.5k in Jan this year.
If you have tasted the dragon fruit , then you’ll know the domain is worth much more as you will become Dragon overnite.
MHB-Didn’t you taste this in Thailand?
“much less useful domain, DragonFruit.com sold for $4,500.”
I used to own PhonePlans.com and sold it back about 7 years ago. The latest owner must have let it lapse if it got into the NameJat Auction. The $27K auction price actually points out the sad reality of the domain market. A domain like PhonePlans.com, if it had not gotten the attention and publicity afforded by a NameJet auction featuring a small number of domains would have not gotten even close to this price level. It it had been listed on Afternic or Sedo, it would have been lucky to sell for $5K.
“It it had been listed on Afternic or Sedo, it would have been lucky to sell for $5K.”
Agreed.
Emulator.com sold on Godaddy Auctions for just over $14K and that was a steal. It’s just a great buyer’s market right now.
(PhonePlans)
The domain was not expired.
The present owner put it in auction on Namejet.
The owner is a well known domainer from Beverly Hills.
The domainer has placed a number of domains thru Namejet
over the past couple months.
How do you list domains at NameJet?
PhonePlans.com is is not in my model – very intuitive – but is verizon or att going to really but it ?
And MMAccount – way too much
MMAccount.com was priced too low.
“PhonePlans.com is is not in my model – very intuitive – but is verizon or att going to really but it ? ”
You might be right.
However, NameMedia disagrees with you.
They are offering PhonePlan,com for $ 500k.
@Meyer,
Good point ….Usually the plural is the brand – but phoneplan.com might be an exception – if att were to use them they would likely use the singular – as the plural implies its competition.
An a 3rd party info site would never pay 500K fot it imo.
This reminds me of my socialcircle.com where socialcircles.com could be a brand as well – and since I only own 1 – it just sits buried in my portfolio.
That is likely what will happen with PhonePlans.com because both will be needed under one roof to build brand.
Hello Domainers,
Well I am in for some “schooling” here that’s for sure.
I am the buyer of PhonePlans.com .
I never intended to pay that much, in fact I never thought I’d even have a shot at this domain. My guestimate was that it would be around $25,000 minimum — and maybe higher.
The comments here are interesting on many levels.
1. The initial post gave me the impression that the expectation had been this domain would be selling for a lot more that it ended up going for.
2. Then this:
(( MIKE: I used to own PhonePlans.com and sold it back about 7 years ago. The latest owner must have let it lapse if it got into the NameJat Auction. The $27K auction price actually points out the sad reality of the domain market. ))
Given the “homerun” mentality I see here day in/ day out, most notably in that 3D thread which drove me so crazy I had to unsubscribe it, I thought certain you were GOING to say… that the sad reality was…. this domain should have sold for a lot more. So you totally flipped my expectation of what you were thinking.
(( A domain like PhonePlans.com, if it had not gotten the attention and publicity afforded by a NameJet auction featuring a small number of domains would have not gotten even close to this price level. It it had been listed on Afternic or Sedo, it would have been lucky to sell for $5K. ))
This was my first — and perhaps my only and last auction — I sure hated it… but I have specific plans for actual development of this domain. Which is why I have said numerous times in comments I do not fit the profile of members here, I am not a domainer. I am a web enterprise developer… used to work with Bill Gross at idealab back during dotcom 1.0 … and as a respected UX Designer, when I do branded work, it’s big. In this particular case, this is part of a suite of sites encompassing the entire realm of touchscreen and mobile communication and computing — where all the innovation is now occuring. The desktop being played out. In any case I am not looking for assurance of whether or not I paid too much. As I said, I wasn’t planning to participate at all. It isn’t a domain I actually need for the suite I am building. However, it adds a huge dimension to it, as I completely re re-envision, categorize, explain, present, and provide value to consumers in the way I design consumer gateways that take the vast clutter of multiple brands and technologies and band types and data strategies — and make them understandable to consumers in very simple ways.
I would LOVE to have gotten it for $5000 but really, in all honesty, based on all the scrutiny I do of Sedo offerings, I don’t see highquality 2-word generics like that going for only $5000. But, you’re more experienced, and maybe you look at the data daily. I don’t. I don;t study it at all other than when I am interested in something, since i am not a prospector or investor.
(( (PhonePlans) The domain was not expired.
The present owner put it in auction on Namejet. ))
That’s correct, though I don’t even know all the details you know. It is totally serendipitous that I even noticed it. I was looking for an article on, i believe, DomainSherpa or Elliot’s blog … Something lead me to a link at a blog I;d never been to — let me see if I even remember it — oh yeah domainshane … here:
http://domainshane.com/this-weekends-domain-auction-and-drop-picks/
And so i just happened to peruse it and i looked at the list and saw it on there. This is how green I am/was. I actually thought it was set to DROP . That’s why I was intrigued. So I went to snapnames to place a backorder, and that’s when i saw. Oh. It’s not a drop. That didn’t make sense how anyone would let such a domain drop. Anyway, I could explain more about how and why I proceeded — but i always got shouted down in other threads here:
“SHUT UP your posts are too long. Get out of here”
I’ll just say that the whole 5-minute extend thing SUCKS. I hate it. Total ripoff. Yes, It was my choice to continue and i knew my limit. But I had my reasons. But had it been a fair-play auction where it ENDS when it ends, the price would have been around $8500. So, namejet has a nice little money squeezer with that little trick. it tripled the cost just from that truly unfair system, which is why i won’t ever do that again, not THERE at least.
The owner is a well known domainer from Beverly Hills.
(( However, NameMedia disagrees with you.
They are offering PhonePlan.com for $ 500k. ))
I’m being totally sincere. I would never want the singular in this. The customer lens is COMPARE. The driver here is what do I have now vs what is out there. Thus, people want to see, by definition, the whole RANGE of plans.
That would be like the site from years ago LowerMyBills.com being named:
LowerMyBill.com
It’s just not the way consumers frame the question in their heads about WHAT AM I SEEKING? Information about…. ___________ . Thus, I want to go to ______________.com
I’m interested in hearing comments that can educate me. I actually thought that given what I see around me, and given the criticality of computing and media mobility and the necessity to provide bandwidth to devices, and the feverpitch anger at AT&T, and the emergence of plans like VirginMobile, that the whole mobile carrier industry is going to radically chnage in the next 2-3-5 years — as more and more consumers rebel against subscription plans. There are competing technologies to cellular as well – but whatever they are, be they wifi or other, the sky and air spectrum is where the signals have to go to enable people to have their devices on a mountain top, or wherever they want to be. It’ll never be free.
In any case, we’ll see … 🙂
But I’d certainly enjoy reading comments that educate me.
Well, I guess I got in too late to get a reply… Darn. My post didn’t post for about 4 hours, I don’t know why.