You should all check out today’s lowdown from Ron Jackson on DNJournal.com.
He basically compares domain sales figures from last year to this year to date and concludes:
“””””That the domain aftermarket has been holding its own while the real estate and credit markets are collapsing around us.””””
Good work as always Ron and great news for the industry
Mike,
How would you say your revenues are vs. last year at this time? Are you receiving the same amount of offers – at the same levels as last year?
I can’t really compare apples to apples since I moved to this full time in November of 2007, so my revenues are significantly higher. You have a very large, very premium portfolio, so I think you would be in a better position to report the state of the domain economy.
Just my own opinion, I’ve had a couple larger sales this year that were reported to DNJ intentionally in an effort to provide more data. Last year when I was buying/selling more quickly, I really didn’t report any sales. As the market matures and more people report their sales, this could influence the market. Rick Latona – as an example – has had some giant sales, and I don’t if he was reporting his last year.
I think Ron is one of the best journalists in this field, and as much as the reports are good to hear, I also know what I am hearing and seeing with regards to other domain investors buying and selling. From my perspective, sales are way down. Again, I have to say that on a personal level, I am not going to complain, but I am devoting much more time to domain investment than I was last year.
Generally agree. They need a statitician with an economics background to put credibility into the numbers–the headline is not supported by professional statistical and economic analysis. (What exactly is a “bad economy”? Its still growing. Slowly, but growing, not contracting by the latest report.)
Elliot
Unfortunately, my computer crashed a week or so ago and I lost all my data until I return home at the end of the month, so I can’t give you specifics on our sales, but we are still getting 5-10 e-mails or offers a day and still making sales. I would say we are holding our own as well.
Ron’s Info is the only statistics on domain sales for not only this year but for each year that the industry has.
You might be right about more people reporting sales but like you said the sales you reported this year you didn’t have last year.
So this is the best info we have.
We know its not complete, never was never will be.
But it does cover all domain auctions, drop name auctions and all reported sales and based on the best info we have domain sales are holding there own.
Ian seems to be having a decent year overall.
http://dotcomagency.com/sitepages/stats.asp
I heard someone say “flat is the new up” but that was with regards to bricks and mortar business.
All’s well here from my perspective.
I have known that long time.
The domian names are a Single entity and the potential buyer is worldwide so the supply is 1 per domain name ext Name and the demand is high (will be even higher in the next 2 years – the .com for sure even with new ext. being released by ICANN).
There has NEVER EVER been a better opportunity for people to make money – Domain names are the way to go – hold on to them and do not sell them for next to nothing – One Word domain names are the diamond in the rough of any country code ext.
To YOUR Success