Categories
News

IrishFood.com sells for $14,000; Food domains enjoying several five-figure sales over the last year

Cat Food

Over the past year, food-related domain sales have been enjoying some of their strongest sales.  According to Sedo’s GreatDomains, IrishFood.com is the latest in the group, selling for $14,000 USD. 

2010, appears to be the strongest year for food domain sales, with the majority being brokered by Rick Latona, according to publicly reported sales records.

In early 2010, DietFood.com, a name that sits parked at Sedo, sold at Latonas.com for $49,000 T.R.A.F.F.I.C. Las Vegas.  CatFood.com also sold during the auction for $41,000, according to DNJournal

BabyFood.com, another five-figure sale, sold in June for $70,000 at RickLatona.com. 

Other notable sales in the last year include two sales brokered by Sedo – Streetfood.com for $13,000 and GermanFood.com for $15,000.

GermanFood.com was purchased by SurfMyAds.com, the same company that recently purchased the Canadian domain Coupon.ca for $75,600.00.  Based in Santa Barbara, California, SurfMyAds is heavily involved in buying and developing domain names.  Some of its leading projects include: PromotionalCodes.com, Shoes.tv (a name it purchased for $18,000 in May 2010), and promocodes.com.

Categories
News

Business incubator provides startup with capital, advice, office space – and the right domain name

devotee

AlphaLab, a startup incubator that is one of the nation’s most active seed-stage investors officially accepted Devotee into its startup program back in June 2010.  Here’s how Devotee works: You earn rewards by sharing things about your visits to restaurants with your friends online through Facebook, Twitter and Foursquare. 

For example, you’re out with your friends or family, you open the Devotee application on your iPhone or Android phone, then check into the restaurant through Devotee and tweet about it – and for your customer loyalty, earn rewards.

Devotee

Over the last several months since entering the startup incubator program, Devotee employees have been blogging about developing their mobile application, new ideas, working with a seed fund, and their day-to-day experiences. 

Originally, the group was using devoteeapp.com as their web address.  But it looks like AlphaLab has done a good job of providing the startup with resources and tips on building their brand, including getting the right domain name for their business: Devotee.com.

Sedo reported this week that the domain name sold for $6,950 through its GreatDomains marketplace, and the startup is the new owner. 

Learning about a startup

As I mentioned earlier, Devotee has been blogging about their experiences since joining AlphaLab, and the read is interesting and helpful at times.  The company talks about the five most important startup tips they learned while attending a presentation given by Sean Ammirati, the current COO of ReadWriteWeb.  They also share screenshots of their mobile interface, other startups they share space with, and of course brand building.

One of the first changes for the startup was the addition of a mascot named Devo, for a little added branding as they say.

devo

So why a dog?  Matthew French of Devotee writes:

Well being that we are building a fun and simple mobile software centered around loyalty, we wanted our brand to be just as fun and simple.  The core of the Devotee software is to promote brand loyalty at restaurants and small businesses through the loyal customers.  Customers will be spreading word of mouth experiences with their friends and getting rewarded for doing such, all while remaining loyal to the business.  This loyalty bond between a business owner and customer much resembles that strong bond between “mans best friend” and a dog owner. We wanted a branding solution that allowed users to immediately think loyalty when they saw our brand, so a dog kind of just made sense! 

If you have a startup and are wondering where to get started, check out AlphaLab online.  The early-stage business incubaor provides a $25,000 investment, expert advisors and mentors, educational sessions and office space as part of an intensive program in Pittsburgh.

Categories
News

Seller of Kilometer.com domain sees nearly a 500 percent return on investment

Kilometer sign

A 500 percent return on investment is a great return for a domain name, especially when you spent $2,989 to originally buy it. 

Andrew Allemann of Domain Name Wire has a list of recent Sedo sales, which includes the sale of xeniatchoumitcheva.com to Swiss Model Xenia Tchoumitcheva for 27000 EUR, ffactor.com for 9000 USD, and several other .com and ccTLD sales.

One of the more interesting sales on the list, was the sale of Kilometer.com – which sold for $17,000 USD. 

The seller originally bought the domain in August 2009 on NameJet for $2,989, according to DNJournal, the same week GooglePhone.com sold on NameJet for $2,615, a domain Google now owns.

In just over a year of holding onto the domain, the seller has flipped it for nearly a 500% profit.

Categories
News

For $70,000, buyer picks up WHReviews.com at GreatDomains for “Web Hosting Reviews” site

web hosting

Sedo is reporting that the domain name WHReviews.com has sold for $70,000 USD, from its premium domain auction website GreatDomains.

The domain WHreviews.com is now host to a Web Hosting Reviews web site that was created to help people find independent, credible web hosting reviews and comments, so they could pick the right hosting company.

The new owner of the web site explains why visitors should use WHReviews.com on the home page: “There are all sorts of hosting reviews websites that talk about or collect web hosting reviews, sites posting all kinds of ratings, or top 10 web hosting companies lists. If you spend a bit of time comparing those lists, you’ll see that most recommend a part of the same group of companies.  You might think: “That’s normal. It means those are really the best!”. Unfortunately, no. The reason that the same companies always make it to the “top” is that those companies, one way or another, pay to be listed there.”

There’s not that long road ahead for WHReviews.com. 

Though webhostingreviews.com and webhostingreviewz.com are both established web sites and rank ahead of WHReviews.com in Google search, WHReviews.com is on page 1 for the phrase “web hosting reviews” – and visitor traffic isn’t far behind its closest competitors.

 Compete

According to Archive.org, WHReviews.com was a web hosting review web site as far back as the early 2000s.

How popular are web hosting domains?

To give you a clue, webhostingreviews.net sold in 2008 on Sedo for $392.  Two years later, the domain sold again for $7,800.

Categories
News

NHN Corporation Korea’s premier Internet company, new owners of Like.me

facebook like

NHN Corporation, Korea’s premier Internet company which operates some of the largest portals are the new owners of Like.me which sold during the Premium .ME auction held in November at Sedo’s GreatDomains.  The sale price: $26,500 USD. 

According to the company’s website, NHN operates Korea’s top search portal, Naver (www.naver.com) the leading online game portal, Hangame (www.hangame.com) the nation’s largest children’s portal, Jr. Naver (jr.naver.com), Korea’s the first online donation portal, Happybean (happybean.naver.com) and microblog service Me2DAY (me2day.net).

NHN Corporation and .ME

The company has invested extensively in .ME domains.

NHN which already owned blog.me, also acquired several other Premium .ME domains during the auction including game.me for ($13,100), movie.me ($7,600), health.me ($6,700), note.me ($10,000), contacts.me ($15,600) and shop.me ($8,200).

Like.me might be the company’s best buy, given that Facebook has made “Like me” a well-recognized phrase throughout the world.  How the company plans to use the name has not been revealed, but given the popularity of the phrase, the company has a lot of options.

In case you haven’t seen how Facebook has grown, here’s a look at the latest statistics from Facebook.

People on Facebook
  • More than 500 million active users
  • 50% of our active users log on to Facebook in any given day
  • Average user has 130 friends
  • People spend over 700 billion minutes per month on Facebook
Activity on Facebook
  • There are over 900 million objects that people interact with (pages, groups, events and community pages)
  • Average user is connected to 80 community pages, groups and events
  • Average user creates 90 pieces of content each month
  • More than 30 billion pieces of content (web links, news stories, blog posts, notes, photo albums, etc.) shared each month.
Global Reach
  • More than 70 translations available on the site
  • About 70% of Facebook users are outside the United States
  • Over 300,000 users helped translate the site through the translations application
Platform
  • More than 2.5 million developers and partners from more than 190 countries build with Facebook Platform
  • People on Facebook install 20 million applications every day
  • Every month, more than 250 million people engage with Facebook on external websites
  • Since social plugins launched in April 2010, an average of 10,000 new websites integrate with Facebook every day
  • More than two million websites have integrated with Facebook, including over 80 of comScore’s U.S. Top 100 websites and over half of comScore’s Global Top 100 websites
Mobile
  • There are more than 200 million active users currently accessing Facebook through their mobile devices.
  • People that use Facebook on their mobile devices are twice as active on Facebook than non-mobile users.
  • There are more than 200 mobile operators in 60 countries working to deploy and promote Facebook mobile products