According to a press release out today, Right Of The Dot™, LLC announced it is the exclusive broker for Sale.com, the most popular word in retail and e-commerce.
This premium domain name is now for SALE and will be auctioned off to the highest bidder above the reserve set by Right of The Dot™, the domain name expert brokers. ”
“This is likely to go down in history as one of the biggest domain name sales in history along with the likes of other historic domain name sales like Sex.com, Fund.com, FB.com, Business.com, and Diamond.com, which all sold for between $7.5 million – $13+ million each. Sale is the most popular name in retail and is an excellent branding opportunity for a number of different retail or e-commerce companies to uniquely position themselves to consumers.”
“Ownership of Sale.com will allow a company to capitalize on a broad range of retail sales online. “The word ‘sale’ is a universal, international word not just known in the English language, but its definition and interpretation for buying, shopping, and bargains is known all over the world”; states Monte Cahn, President / Director at Right Of The Dot™, LLC . “Companies in the online retail space or those looking to enter the online retail industry and capitalize on the growing internet and e-commerce sales will want to look into purchasing Sale.com. This domain name appeals to any number of retailers, flash sale companies, hyper local retailers, affiliate marketing sites, shopping engines, search portals, consumer reward, or group couponing companies; the possibilities are endless as to who can and will benefit from such a lucrative and well known domain name.”
“What might the potential be of the acquisition of a domain name like Sale.com? ”
“The possibilities are only getting bigger as worldwide online sales increase year over year. According to the U.S. Commerce Department, ecommerce sales in the United States alone totaled $194.3 billion in 2011.* EMarketer, a research firm, has increased its calculations for 2012, and now projects that U.S. online shoppers will spend $224.2 billion this year, over 15% more than 2011 spending. Both EMarketer and Internet Retailer posting reports showing similar, if not more growth of online sales in international markets as well, stating that growth rates in the UK and Japan e-commerce markets will increase 10 – 15% annually. China experienced a 130% increase in e-commerce in 2011 prompting Internet Retailer to predict that soon the Asian market will overtake the U.S. dominance in e-commerce. An Internet Retailer report forecasts 20% growth in China’s e-commerce each year through 2016. With all this market growth, predictions show that in 2013, global e-commerce sales will surpass the 1 trillion Euro mark and top $1.25 trillion U.S. dollars.”
“The reason this is a once in a lifetime opportunity for a company is that this domain name, once purchased now is unlikely to ever be resold again”, explains domain industry expert Michael Berkens, Esq. Director at RightOfTheDot, LLC and president of WorldWide Media, Inc. and also a leading domain blogger for TheDomains.com. The new owner of Sale.com will be poised to grab a giant piece of this growing online retail market place.”
“Right Of The Dot, LLC, is an Internet consulting and advisement firm specializing in new and existing TLD strategy, board advisement, premium domain and market positioning, sales, and services. Both principle partners of RightofTheDot.com are experts in domain name brokering and responsible for over $300 million in domain sales. Michael Berkens, Esq. and CEO Monte Cahn possess a unique position in the domain industry, having dealt with all the major players in the field. The domain name experts at RightOfTheDot.com understand the changing landscape of the web. In addition to brokering domain names like Sale.com, they also offer domain name consulting of all types and new TLD contention resolution and private auction services.
“Recently 5 companies paid $185,000 each for the right to acquire the .Sale, new gTLD. Some has estimated that a new gTLD could fetch up more than $50 Million dollars in auction, thereby proving the value and demand for sale.com
I think the sale of Sale.com will be a barometer of just how educated the market REALLY is.
There should be a dozen large companies FIGHTING for this domain.
Anything less than $10 million would be surprising.
And I could make a case for 100 companies of why they should not allow it to go to the competition.
It could change the direction of a Sears or JC Penny or can reinforce an Amazon.
I have no skin in the game. Just call it as I see it.
GREAT DOMAIN!
Congrats guys!
Yes, congratulations, guys. This is certainly an amazing domain name and an enlightened major company should see tremendous value in owning it. It deserves to sell for one of the highest domain prices of all-time. Good luck with the sale.
Oracle has a clever landing page for Sales.com (the plural). “No Force Necessary” 🙂
Agree with Rick. Companies should be chomping at the bit to get this domain. It Might be a good idea for the owner to put a link from the Sale.com home page to RightoftheDot.com for offers or put up a small banner letting visitors know they are taking offers for the domain.
Hello MHB
Now this is a FRANCHISE NAME.
We categorize this name as a GAME CHANGER.
We will now see the appetite that the secondary market has for truly great names such as this?
The right of the dot will either set the tempo or lose it.
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)
Hello MHB
” Both EMarketer and Internet Retailer posting reports showing similar, if not more growth of online sales in international markets as well, stating that growth rates in the UK and Japan e-commerce markets will increase 10 – 15% annually. China experienced a 130% increase in e-commerce in 2011 prompting Internet Retailer to predict that soon the Asian market will overtake the U.S. dominance in e-commerce. ”
The universal acceptance of this name is bolstered by the fact that ENGLISH is the most widely adopted International Language on the planet. SALE.com Transcends International Borders. This is a monster name Michael, you undoubtedely have a record here, if handled correctly. Congratulations !
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)
Grats to ROTD to be handling such a deal. And great to see the experts weighing in.
@jeff Schneider, perhaps bit less time being grateful and a bit more time editing the weird out of usebiz.com
And I think $6M is a bit too heavy. Would you consider $5.5. Lol
@ street kid
I have had 45 years experience at the Street kid. I know this turf better than most. Only the ill informed would not be gratefull to control this powerful Virtual business Foundation. You obviously, are not bright enough to be its End User.
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)
Alas, you may be right Jeff. I digress. I will watch and learn in the hopes of gaining a more positive understanding and insight into both myself and others. Expect more progressive and helpful imput from me going forward. Thanks for the light. Gratefully, Street Kid (crouching dragon)
*input. Damnit I’m trying Jeff.
Good stuff – total Monte deal – congrats