For the first time, sales in the domain name secondary market sal...
For the first time, sales in the domain name secondary market sales are exceeding those in the primary registration market, said experts at the DomainPulse meeting near Zurich. On domain name trading platform Sedo alone, sales grew to $40…
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million in 2006, up from $20 million in 2005, said CEO Marius Wuerzner. Vodka.com sold for $3 Million. Domain name sales for more than $10,000 grew even faster than sales of less expensive ones. Many people have given up jobs to make careers of domain trading, said Christoph Grueneberg, CEO of domainvermarkter.com. He called them “the estate agents of the Internet.” Trends include the sale of large domain name portfolios, the growing interest of investment companies in the value of domains, and growing integration of the primary and the secondary market. Some registrars expressed concerns about speculation and land-grabbing. Land-grabbing is a problem, said Wuerzner, but it will disappear soon because a more mature market is aware of the value of domains. Wuerzner said he doesn’t expect new TLDs to decrease demand for attractive .com domains that make up over 80% of the secondary market sales.