Oversee.net tonight reported that sales jumped 42% between the fourth quarter of 2009 and the first quarter of 2010.
Here is the info from the press release:
“”The figure includes premium names sold through the companies’ aftermarket sales channels–DOMAINfest Global’s® Moniker Live Auction in January 2010, Moniker Brokerage Services and SnapNames & Moniker Showcase Auctions.
“”Top sales include:
• Guns.com ($800,000)*
• PartySupplies.com ($360,000)
• ScreenSavers.com ($335,000)
• LoanCalculator.com ($215,000)
• HomeRun.com ($131,000)
• Migraine.com ($125,000)**
“The list also includes a private, seven-figure domain name sale.”
“Companies, marketers and small businesses are finding paths out of the economic downturn, and domain names are becoming better known as assets to build and promote their businesses and brands, as well as increase traffic to websites, “ said Craig Snyder, Senior Vice President of Oversee.net and General Manager of the Registrar and Aftermarket division. “These recent sales confirm that corporations are leveraging generic keyword domain names to increase reach and drive both offline and online purchases.”
“”Snyder’s comments are in line with current research. According to eMarketer’s March 2010 US Retail E-Commerce Forecast, 2010 US retail e-commerce sales will climb by more than 12%, following the US Census Bureau’s release showing online sales in Q4 2009 climbed by 14.6% over one year earlier. As shoppers move more purchases to the Internet to take advantage of lower prices and convenience, domain names as online real estate likely will further increase in value”
Of course Oversee did not hold a DomainFest in the 4th Q of 2009 so 1st Q sales would be expected to be stronger overall.
Still we welcome seeing increasing sales
Mike says
I’m seeing a huge increase in inquiries over the last three to four months, albeit a bit slow the last two weeks…..I suspect b/c of April 15th tax deadline in which many people and companies are reserving there cash for tax payments.
Patricia Kaehler says
Increased activity here as well…
Feels good to know it’s growing – industry wide…
~Patricia Kaehler