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Domaining for Amateurs: The True Story of Selling a Domain Name

What is the right price?

Posted on July 28, 2007 5:16 PM |Permalink |TrackBacks (0)

The first question: Was $50,000 a reasonable price for table.com?  

Since domain names are unique, there wasn't going to be an exact calculation which could tell us the answer, but there were several strategies I decided to pursue to help us make an evaluation:

  • Creating a list of comparable domains which were recently sold.  If I could identify the most similar recent sales, I would probably have a pretty reasonable number.  But, could I collect enough data about premium domain sales?  Would their be enough very similar single word generic names from which to draw conclusions?
  • Availing myself of some of the many valuation services out there.  While "the experts" tend to be skeptical of these evaluation services, it seemed like a worthwhile exercise, both to better understand the factors that go into their ratings, and to generate a range of data.  And, I'm curious...  How accurate are these evaluations?
  • Asking some of "the experts": I was going to ask absolutely everybody their opinion.

I'll delve into the details of each of these in a separate posting. 

But, while you're here...  What do you think is an appropriate price for table.com?  Enter our contest!

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About This Post

This page contains a single entry by Chris Crone posted on July 28, 2007 5:16 PM.

Why write about selling table.com? was the previous post in this blog.

Why buy a domain name? is the next post in this blog.

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