Posted on April 22nd, 2011DomainMarket.com has some big purchases up for sale in the way of domain names. The highest prices are, predictably, going for the domains that have the best chance of proving to be big moneymakers for those who purchase them. Some of them are selling in the six-figure range.
Big Names, Big Prices
Quite a few web developers figure that all they need to become a millionaire is a web hosting account and a great domain name. You may end up paying a lot for those domain names, however, if your idea is a particularly good one.
If you want to get into the budding e-card business, birthday cards would seem the natural choice. The domain HappyBirthday.com is currently up for sale on DomainMarket.com with an asking price of $1,000,000. Maybe it’ll make a multi-millionaire out of whoever buys it but they’ll have to be a millionaire to even get their foot in the door.
Travel websites are always big business. To that end, those who want to pick up desirable domains such as NorthernIreland.com, Guinea.com or VaticanCity.com better be willing to pay for the privilege. Each one of these domains has an asking price of $500,000.
If you’re looking to get into the world of Internet activism, remember that it may cost you. EarthDay.com is currently going for $400,000, NatGas.com for the same price and Relief.org is available for $250,000. Maybe one of them will go to a non-profit organization, but it will likely take a big grand to pick up the domain name.
Not the Norm
Most domain names don’t go for nearly as high a price as do these most-desirable of the lot. Web hosts generally offer their new customers free or steeply-discounted rates on domain registration, in fact.
The domains on sites such as DomainMarket.com are oftentimes the property of domain speculators—or squatters, depending upon how they’re regarded by the person speaking of them—who hold these domains until they can get the highest possible price for them.
Asking Price Doesn’t Mean Sales Price
These domains may sell for far less than the owners wish, as well. The highest price paid for the week of April 1, according to ElliotsBlog.com, was $10,000 for ThreeDiamond.com.
The idea of thinking up a great domain name, sitting on it and waiting for a big buyer to come along and charging them a mint for it has long been the dream of many. With some of the domain names up for sale, it just may happen for some of the owners.