The top sale last week was that of Lantek.com which sold for $19,000 on Sedo. The buyer is a company by the same name which provides software solutions for companies fabricating sheet metal (among other things). They have been using the LantekSms.com domain name so this is a nice upgrade for them. A bit of research with the help of DomainIQ shows a Korean domain name investor as the previous owner.
Boom! We have a record number of twelve brandable domain sales in the five-figure range this week. The top grossing sale is that of FusionBank.com which sold for a whopping $65,000. You would assume the buyer is Kansas-based First State Bank & Trust Co which currently operates from the Fusion.Bank domain name but so far FusionBank.com still points to Sedo parking page and the Whois contact details still show Sedo’s transfer service. A bit of research on DomainIQ shows that the seller is most likely from South Korea.
April is off to a great start with six sales reaching five-figures in the brandable category. The top grossing sale is AppleGreen.com which sold for a cool $56,000 at Sedo. The domain name was the subject of a UDRP back in 2013. A Chinese buyer forked out $18,938 to win an expired domain name auction at DropCatch for FamilyMart.com. If you have traveled around Asia, and especially Japan you might recognize Family Mart as one of the largest convenience store chains in this part of the world, only surpassed by 7-eleven. Risky purchase or a smart investment?
CBD which is the acronym for cannabidiol is a chemical compound in marijuana with a variety of uses and with the recent legalization of marijuana use in many American states the potential market for CBD oil alone is estimated to be worth $1.2 billion by 2020. Last week, a Las Vegas CBD oil company acquired the exact match domain name CBDOil.com for $500,240 and it’s a brandable CBD related domain name that is topping the brandable list as well.
CBDClub.com sold for a cool $30,000 at PotDomains – a specialized domain name marketplace for, you guessed it, marijuana domain names.
Brandable domain name marketplace Brandpa recently turned two years old and shared some interesting stats such as the number of domain names on the marketplace, average sale price, and the overall sell-through-rate.
Brandpa is a similar marketplace to BrandBucket or Brandroot in the sense that they curate their marketplace, charge a listing fee and then design a logo and write descriptions for each domain name. What differentiates Brandpa is a lower commission and listing fee and sellers do not have to pay a $100 fee for the logo when one of their names sell. Although each domain name is listed with a Buy-It-Now price, buyers on Brandpa can also submit offers and negotiate on price depending on the seller’s settings.
Personally, I listed a small portfolio of 26 domain names on Brandpa in March 2018 and so far have sold 3 domain names for an average of $2,398 per domain name (after 25% commission).
The numbers below are copied directly from their newsletter.
The top grossing sale of last week was Vivlio.com which sold for a cool $25,000 at Sedo. The buyer is a French distribution platform for ebooks called TEA which stands for The Ebook Alternative. It was a bit of a mystery for me why they forked out $25k for this domain name until I saw they operate a site on Vivlio.fr
BitcoinPlus.com also sold via Sedo, showing that altough significantly less, there’s still some money going around in crypto-related domain names
The top grossing sale of the week is for a domain name that would go mostly ignored if it would end up on a pending delete list: Fivelements.com
It sold for a cool $19,000 at Sedo and was purchased by Fitness First Asia, one of the largest fitness brands in the world, and the largest in Southeast Asia. They also operate an eco-wellness brand called Fivelements which currently uses the Fivelements.org domain name.
I just finished filming a review panel for DomainSherpa with Andrew Rosener and Jeff Gabriel from Uniregistry. I stopped sharing regular updates about my acquisitions and sales here on the blog a couple of years ago but I share all the details of a recent brandable domain name sale on the show as well as some sales data across my entire portfolio. There was a good discussion about wholesale and retail pricing for brandable domains as well so make sure to tune into the next DomainSherpa Review if you’re interested in that kind of stuff.
Sedo tops the chart with the $30,000 sale of WealthCare.com – a clever play on Healthcare, a hot industry with many startups aiming to disrupt and plenty of venture capital to support. The domain name currently forwards to Alegeus.com which is a market leader in consumer-directed healthcare solutions. They operate some sort of account administration platform at WealthCareAdmin.com so this domain purchase will most likely be used as an upgrade.
Writing for the blog had to take a backseat as I was traveling for NamesCon followed by the Chinese New Year holiday. The journey to Las Vegas from Hong Kong is long and tiring but always worth it. Sharing a meal or a drink while talking domains with those you normally only get to interact with online is priceless. I already decided I will be attending NamesCon Europe which is being hosted close to beautiful Lisbon in Portugal in May this year and I will be bringing my family along so we can make a great trip out of it.