The name fetched a high price on the heels of the Group Buying craze – with companies like LivingSocial and GroupOn outpacing new competitors with millions of dollars in venture capital and the same amount of visitors to match.
Group Buying Puts Interest Back into Related Domain Names
Even Domain Guru Kevin Ham who launched BlackFriday.com and Vancouver.com, has thrown his hat into the business with his newest website GoodNews.com.
Group Buying put the interest back in related “group buying” names that probably never would have been there unless companies like GroupOn and LivingSocial had thrived online as they have over the past year. While many companies look to use social media to attract consumers, “group buying” could be another strategy used on varying scales — and you can guarantee there are plenty of companies looking to cash in on its popularity.