According to a press release today, the domain name DiscountVouchers.com sold today for 100,000 British pounds which equates to just over $160,000 dollars.
The buyer of the domain is DiscountVouchers.co.uk a site that claims to have 3 million members since starting in just May 2009.
“We decided to buy DiscountVouchers.com to help grow and strengthen our brand. With the new acquisition, we can drive forward in the market and bring in new money saving offers”, said Simon Terry from DiscountVouchers.co.uk.
“Using social marketing, DiscountVouchers.co.uk has managed to achieve 19,000 Facebook followers which allows the company to instantly tell customers and subscribers the latest deals. The company generates £3million per month for the retailers which use the service. In total, there are around 2,000 offers from 500 different retailers that are shown on the website daily.”
The Seller of the domain was Barry Garner
Offering hundreds of exclusive deals and discounts, DiscountVouchers.co.uk allows the UK consumers to save money from major high street names such as Boden, Travelodge, Marks & Spencer, Sainsbury’s, Tesco, Lastminute.com and First Choice.
snicksnack says
wow, I have seen that websites like groupon have become very popular, but did think that the domain could fetch that much money,
late says
you’re only 2 weeks late with this ‘story’
even dnjournal beat you last week and they normally are behind everyone as ron is always at conferences lol
Jacob says
So because he found out about it after you he’s not allowed to report on it?
MHB says
Late
Its news to me and there are about 10 press releases on it today.
Moreover its already gotten over 100 readers so maybe a lot of people missed it over on Ron’s
the suborbital space tourism is TOO dangerous says
thanks to the Groupon success
Domo Sapiens says
It doesn’t suprise me at all , the trend is there…at the enduser level ( medium size and up) there has been an obvious “flight to quality” back to fundamentals (aside marks) …. back to domains that potentially could represent a viable commercial project namely “product and services” or info info info , keyword searches…exact or not.
And this is opposite to what I see at the domainer level… there is so much “new uneducated money” coming to the Industry , eg : The large majority of the .co IMNSHO are/were money down the drain…
as long as the pot doesn’t dry this “new domainer” trend will probably continue …
till the next new thing…will it be .xxx?
Domo Sapiens says
It doesn’t suprise me at all , the trend is there…at the enduser level ( medium size and up) there has been an obvious “flight to quality” back to fundamentals (aside marks) …. back to domains that potentially could represent a viable commercial project namely “product and services” or info info info , keyword searches…exact or not.
And this is opposite to what I see at the domainer level… there is so much “new uneducated money” coming to the Industry , eg : The large majority of the .co IMNSHO are/were money down the drain…
as long as the pot doesn’t dry this “new domainer” trend will probably continue …
till the next new thing…will it be .xxx?
MHB: I appreciate the compilation of domain news and articles you present whether new or semi-old… let them bark (it’s a good sign)
MHB says
Yes the next new thing will be .xxx, I certainly don’t see .So making much of an impact.
Although .Co does have some plans to auction off some premium registry reserved domains.
Jim Fleming says
Why do people in Florida have such problems with Hanging Chads ?
.CO
.co
.Co
.cO
MHB says
Jim
The voting system in Florida changed after THAT election, now no more punch cards or hanging chads
Jim Fleming says
Domains 101
.CO
.co
.Co <<< Has hanging chad
.cO <<< Has hanging chad
The o is a *
the c is a (c)
Domo Sapiens says
I have whatever Jim is having.
Jimbo says
Hope my domain will fetch this much – eventually. It does show how mad the web has become!
James says
It’s a popular keyword for people searching for discount codes, and will have had a site on it previously with a lot of backlinks – domain age is always a factor in Google rankings too. Keeping hold of domains is always a winner.
Domo Sapiens says
$160,000 down the drain.