MassBuy.com Sells for $2,700 on the heels of the “Group Buying” Craze

MassBuy.com, a great keyword domain for a “Group Buying” website, expired on March 26, 2010 and  was sold on NameJet for $2,700.  When the bidding neared the auction end time, the price rose quickly and the auction went into extended bidding with over 100 bids overall.  At noon Pacific Time, the high bid stood at $500 — 2 hours later the name quadrupled in price before heading into some competitive bidding.
Living Social

LivingSocial.com is one of many group buying sites leading the revived trend

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.

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