• Home
  • About Us
  • Contact
  • Advertise
  • Awards
  • Privacy Policy
  • Twitter
  • Facebook
  • RSS
TheDomains.com

NetNames.com Brokered The Sale Of IG.com for “50% off Asking Price”

May 31, 2013 by Michael Berkens

According to a story in the retail-digital.com, it was the the online brand protection and domain name management company NetNames.com that brokered the deal for the purchase of the domain name IG.com on behalf of its client IG, the global leaders in financial spread betting and CFD trading.

 IG is currently merging the spread betting and CFD products of IG Index and IG Markets under a single IG brand and single domain name. As part of the rebranding exercise, IG wanted to acquire the IG.com domain name which was in use by Brazil’s third-largest search portal. “

“NetNames negotiated a 50% reduction in the price of the domain name and worked with IG’s legal team to close the transaction.”

“To ensure IG’s online presence is consistent with the corporate brand, NetNames is continuing to work closely with IG on an ongoing basis to develop a comprehensive domain portfolio across all of its high-value territories.”

“Mike Clark, head of production for IG, comments on the domain name acquisition and its importance to the company: “IG is a global company and we wanted a web address that reflects our strong brand and worldwide presence. Acquiring the IG.com domain name ensures that our global website is consistent with our trademarks and enhances our digital footprint so that we have greater control over the internet traffic to our site. Although we had always wanted to use the IG.com domain, we felt that it wouldn’t be possible to acquire it because it was already in use.  “

“We were very impressed that NetNames were able to successfully broker a deal and we greatly value the investment they made in exploring the different options available and ensuring we felt comfortable with the process during the negotiation.”

 “IG is a world leader in the financial services space so we are delighted to be partnering with them and helping the company rebrand under the single IG identity,” commented Marcus Kocak, head of domain acquisitions at NetNames.

“We have worked closely with the IG team throughout the entire domain acquisition process to ensure that we maintain the transparency and trust that allows us to work effectively as an extension of their company. We look forward to continuing our work with IG and helping build the brand’s domain portfolio.”

According to the story , IG.com was just one of the domains NetNames.com “acquired as part of a broad portfolio of domain names”

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.

« 68th New gTLD Application Is Withdrawn
Verisign: ICANN Needs To Put Early Warning System In Place Not To Break Root »

Comments

  1. Joe says

    May 31, 2013 at 10:08 am

    Mike, pardon the OT: how did the traffic auction do?

  2. Owen Frager says

    May 31, 2013 at 10:21 am

    Critical value proposition disclosed here which is driving record sales among cctlds reverse branding to dotCOM
    “As a global company and we wanted a web address that reflects our strong brand and worldwide presence.”

  3. Michael Berkens says

    May 31, 2013 at 10:32 am

    Joe

    I wasn’t there haven’t seen a report on it

    I did have someone that left this as a comment on another post, have no idea if tis correct and certainly seems incomplete:

    RESULTS:

    3dchannel.com

    $500

    3dmovie.com

    $1,300

    3dtraveller.com

    $10

    777.me

    $10

    aaaratings.com

    $130

    affiliateadnetwork.com

    $60

    afq.com

    $700

    artist.us

    $390

    artists.us

    $90

    bereaved.com

    $300

    bouquet.com

    $850

    breaching.com

    $300

    breastimplantremoval.com

    $850

  4. Stu Holly says

    May 31, 2013 at 10:45 am

    No sign of the traffic results anywhere……

    Regards the IG.com sale, the seller must not like money to give 50%.

  5. Michael Berkens says

    May 31, 2013 at 10:59 am

    Well the seller could have started with an asking price of $20 million

  6. Stu Holly says

    May 31, 2013 at 11:15 am

    Yeah but to give $10 million away would be rather stupid

  7. Louise says

    May 31, 2013 at 2:35 pm

    @ Elliot posted results on his blog:

    TRAFFIC auction results:

    Domain AMOUNT
    3DChannel.com
    3DMovie.com w/email list and 10-May new each day
    3Dtraveller.com
    777.me 3000
    AAAratings.com 500
    AffiliateAdNetwork.com 200
    AFQ.com 8500 CONTINGENT
    Artist.us and Artists.us 1200
    Bereaved.com 6000
    Bouquet.com 30000
    Breaching.com 900
    BreastImplantRemoval.com 400
    BulletProofVest.com
    CardioMD.com 300
    CashBusiness.com 7000
    CellularWallets.com
    ChampWrestling.com
    CheapClicks.com 500
    CheckBuy.com
    Coater.com 700
    ConsolidateDebt.org 100
    CustomNamePlates.com 300
    CycleClassifieds.com
    DataScanners.com 400
    DelinquentAccounts.com 100
    DelinquentTaxProperties.com
    DivorceRate.com 500
    EuropeanAutos.com
    FantasyDomain.com 200
    FreeCityGuide.com 300
    FreeVehicleRecord.com AND FreeVinHistory.com (As one lot) 100
    Friending.com 2200
    GamblingMadeEasy.com 200
    GameSnaps.com
    Gays.us 3000
    Hindering.com 200
    illegals.com 2500
    iloveCali.com and iloveNevada.com and iloveUtah.com (one lot) 200
    ImportRugs.com 300
    Jax.net 1000
    JesusChrist.es 300
    Klaxons.com 300
    LasVegasReservations.net
    LasVegasSigns.com, PureSlots.com, VirtualSlotMachines.com (lot) 500
    LawnMowing.com
    MenSupplements.com 200
    MovieTheatre.com AND MovieTheater.com 28000 CONTINGENT
    MylarTape.com 300
    NevadaRooms.com 500
    NewHomePlans.com AND NewHousePlans.com (As one lot) 500
    NudeGallery.com 900
    NYCCam.com
    OfficeDating.com
    OnlineClassrooms.com
    PetTshirts.com 200
    ProBoatRace.com and ProBoatRacing.com (1 lot)
    PuppetMaster.com 1400
    ReunionPlanning.com 200
    RomeRestaurants.com 500
    Silly.tv 350
    Slurpy.com 1000
    StrategicWorkforce.com 200
    Therapeutic.com
    Thriller.com
    Time.travel
    Topbrokers.com
    TransmissionRepairShops.com 500
    VCguys.com
    VehicleRecord.com 200
    VisualVoicemails.com
    WhatTheF.com 200
    WorkingOvertime.com 200

  8. Louise says

    May 31, 2013 at 2:41 pm

    Bouquet @ $30,000 and MovieTheater pair at $28,000 – if the latter goes through – were the high ticket domains on that list.

  9. B.ElZA. says

    May 31, 2013 at 7:37 pm

    Was bouquet.com sold for $850 as Michael(TheDomains.com) stated above or for $30000 as Elliot(ElliotsBlog.com) stated in his blog? which one is right?

  10. Michael Berkens says

    May 31, 2013 at 7:47 pm

    To be clear guys its not “Michael (thedomains) stated”, it was one of the readers to the blog that put the numbers up

    Actually in that comment I stated:

    “”I did have someone that left this as a comment on another post, have no idea if is correct and certainly seems incomplete:”””

    I later stated is that you should use the link that was later provided to Elliot’s blog which is accurate


Recent Articles

  • Dofo.com now forwards to DeepInfo.com
  • NamesCon Auction submissions are now open
  • Sedo weekly domain name sales led by TopHotels.com

Recent Comments

  • Ben on Jimmy Wales co-founder of Wikipedia to be in person at NamesCon
  • John's Web on Jimmy Wales co-founder of Wikipedia to be in person at NamesCon
  • Perfectname.com Sales on Sedo weekly domain name sales led by Giveaway.com
  • AbdulBasit Makrani on Sedo weekly domain name sales led by Giveaway.com
  • Baird on GoDaddy Launches Payable Domains

Categories

Archives

Copyright ©2022 TheDomains.com — Published by Worldwide Media, Inc. — Site by Nuts and Bolts Media