SnapNames.com Monthly Showcase Auction For October Nets $44K

by

The Snapnames.com monthly auction ended today with a total of just over $44K in sales.

Here is a list of the domains that sold.

Domain                                         Sale Price
silver.net                                      $17,178.00
quote.org                                     $11,690.00
exerciseplan.com                       $7,750.00
discountloans.com                     $2,800.00
easyhomeloans.com                  $2,000.00
buysmartphones.com                $680.00
farecomparisons.com                $500.00
raisemycreditrating.com          $351.00
buylivestock.com                       $300.00
dogwalking.net                           $300.00
lowermonthlypayments.net     $300.00
quickworkouts.com                   $300.00

Other domains had meet the minimum bid but not the reserve and did not sell.

For example,  Bankruptcy.net had a bid of $50K but appearently did not meet reserve and did not sell.

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.

Comments

  1. BullS says

    Didn’t everyone agree that anything besides dot com is worthless, so why are people still buying net/org or other extensions?

  3. ORLY says

    @BullS: are you serious? Are you actually putting .net/.org in the same category as “other extensions”? Look, google sees a .net/.org domain the same way it sees a dot com one. They’re not about to penalize two established extensions just because .com domains are worth more on the aftermarket.

    Sorry playa, not gonna happen. Anyone who did at least a bit of SEO can confirm: the serps are full of category killer .net/.org domains and I’m talking about “juicy” terms with lots of search volume. If you want to chase after search engine traffic and have a budget of $500,000, why invest everything in a dot com domain when you can probably buy the .net for let’s say $50,000 and use the rest of your budget in order to climb up and grab a piece of the pie?

    All in all:

    1) No, having a great domain name is not enough in order to rank. It helps but it’s not enough. For every dollar you spend on a domain name, you’ll need to spend a few more in order to actually rank.

    2) Google doesn’t value .com domains more than .net/.org domains. Yes, extensions which were associated with a lot of spam such as .info are tricky but definitely not .net/.org.

    3) There are three types of end users: people who are in interested in the branding aspect of things (billboards, TV ads etc.), people who want to strictly chase after search engine traffic and people who want the best of both worlds. If you’re an end user from the 1st group, it makes sense to pay top dollar for a .com. As for group 2, going with a .net/.org is definitely smarter in most cases. And if you want the best of both worlds, it depends on your budget: if you have a lot of money at your disposal, go with the .com but if not, you’ll have to step back and decide between the previous 2 approaches.

  4. Mike says

    i think theyre all just a bubble with infinite possible replacements-noone wants to acknowledge this but its true

  5. Algis says

    There is huge difference if you compare .com vs .org/.net SEO wise. Speaking from real experience and keywords of 40,000+ exact searches and high competition.

  6. ORLY says

    @Algis: were the domains “identical triplets” (age/date when the first page was indexed/link profile)? If not, I’m afraid that the data you have is worthless. There has been a case study a while back (can’t remember the link, I’ll drop by and post it if I do) which made it clear that from Google’s standpoint, there’s no difference between the three extensions. It went something like this: someone registered 3 domain names (a made-up keyword) and then optimized them using the same approach (in other words, backlinks from the same sources).

  10. Stephen Douglas says

    @Scott… lol! I’d love to see El with that domain, SILVER.NET, but you with “fish.net”? I’d expect to see “Stockings” somehow involved… 😉

    @ Orly — bottom line in domain extensions is that it isn’t the SEO you have on your prize website domain (.com, .net, .org, etc), it matters more how the website is marketed so that your new users understand that your website IS NOT A DOT COM, if in fact, it isn’t.

    • Continued commentary by domain pros in marketing their websites still say .COM is king, and not going anywhere soon. SEO is important, but it won’t be if your site isn’t perpetually set in the top 10 results for SE queries.

    • If you buy a .NET, you better hope your traditional marketing/advertising confirms to viewers that your website is a .NET or another extension. If not, you’re going to lose a good percentage of visitors to the .COM version of your name. I’m not taking into consideration that a .NET website can be built to “SEMPDX SEO” perfection (my opinion of the best SEO services in the world), I’m basing it on general “public perception” of a website “brand”. I think .NETs are valuable to the extent of how much the website has spent on marketing the fact that the website is a .NET, and not a .COM. So as you say, spend less on a keyword power domain in a .NET, but be prepared to spend A LOT to establish that the .NET version of the domain’s word/phrase is the site to visit over the .COM.

    • The only other extension besides a .COM that has the most value is actually .ORG domains. Why? Because the public understands what .ORG websites are as a brand based on the billions of dollars spent by the non-profit organizations worldwide telling people how to reach their websites. Most internet users and consumers know that .ORG domain “brands” are an organizational/informational website (even if they aren’t), and can distinguish that extension quickly from a .COM.

    So the value of domain extensions in order is .COM, .ORG, .ccTLDs, .DE, .INFO, .NET.

    @ Mike, compare the total income from any Snapnames auction in 2005, to the auction you reported. What’s changed beyond Snapnames’ control that has produced such a negative revenue disparity? Some say it’s the NetSol contract ending and Namejet’s appearance. Personally, I don’t buy that. It’s a bump, but it’s not the guillotine.

    I’m curious as to what you think is the reason that DNJ hasn’t provided a “Weekly Domain Sales” table dedicated specifically to Snapnames in almost six months or longer as we all had become used to seeing? HINT: It’s not RJ having a grudge against Snap 😉