Domain Registration Related News
Domain Name Business Booming in Post-Dot-Com
Era
May 2005
The dot-com crash that saw hundreds of start-up
businesses on the Internet close up shop in 1998
and 1999 is not discouraging new Net
entrepreneurs. A record number of domain name
sales in 2004 shows that business presence on the
Internet is stronger than ever.
A domain name that reflects an organization's
brand and offerings is vital to driving new
business. Last year saw an explosion of growth for
the secondary domain marketplace, as more
organizations purchased the ideal domain name to
drive their brand.
More than 1,400 domain name transactions were
reported in 2004. That compares to only 500 domain
transactions reported in 2003 and 400 domains
sales reported in 2002.
Last year also saw the availability of more
extensions like .info and .biz, suggesting that
buyers are now open to more options.
The volume of domain name transactions in 2004 was
up 300 percent from 2003. Consolidated data from
DNJournal, Domain-Spiegel.de and Sedo.com, three
leading independent companies tracking the domain
name marketplace, shows the average sale price of
dot-com domains is more than US$9,700.
The data from these companies revealed that the
marketplace where already registered domain names
are bought and sold is very healthy. Strong gains
were seen both in terms of the volume of sales and
the overall sale prices for domains, compared to
the previous years.
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