All around the world domains are being touted as the latest and greatest money making asset.
Today on Sedo there are sales of a mis-spelt name that sold for $6200US and a .org that sold for $100,000US.
The other big sale was 248.com which sold for $175,000US.
Wow…. I know its not the millions that every one harps on about but I bet those guys didn’t pay anywhere near what they sold them for.
So down in NZ where things are only just starting to get fired up (you can still buy generic one word domains for under $1000) it is really the wild wild west all over again.
Last year Globalsearch.com sold for $67,000US and I have had the .co.nz version for a little while.
Now if we think about how someone could value such a domain things start to get a bit hazy.
You see the USA has somewhere around 300 million people and New Zealand only has 4million people (1.3%).
So does that mean that NZ domains are only worth approximately 1.3% of the .coms?
That would make globalsearch.co.nz worth about $895US however if you think about how Google is structuring their searches these days that price might be a bit undervalued.
You see if someone searches for globalsearch in NZ they are going to find the .co.nz domain first and how much would that be worth to the company who paid $67,000?
.com’s no longer beat the cc/tld’s (thats country top level domain) to the top of the google search pages so maybe the prices here in NZ should go up.
I would certainly sell globalsearch.co.nz for $1500US…maybe even $1200US
