My First Blog – The High-Price of High-Profile Domains

I started using MySpace in mid-2004, just before it became huge. I always liked the concept of sharing your life online, but MySpace was simply too juvenile to truly take seriously. After getting sick of the useless e-banter, I deleted my MySpace account a few months ago.

So here I am, a few short months later, ready to get back into the world of blogging. However, this time my attempt at blogging will be much more focused. For those of you who don’t know me, my name is Nate Whitehill and I am a 22-year old student and web entrepreneur. I created this blog to act as a resource for those thinking about starting or who already own their web-based business.

My day job and main business is a web marketing and e-commerce company, infinFX. However, recently, I have become very affixed in the field of domaining. Domaining is the act of buying and selling of high-profile domains. For example, vodka.com sold a few months ago for $3 million. It was purchased by Russian Standard Vodka.

Sounds crazy, huh? A simple web address selling for such a huge amount of money. This is not uncommon though. Having a good domain name not only adds credibility to your business, but it allows people to find you easier. When many people search for things on the ‘net, they simply type what they are looking for (in this case, vodka) and then .com.

That sale of Vodka.com was nothing compared to Sex.com, which sold last year for $12 million. This also pales in comparison to Gambling.com, which sold for $20 million. Here is a list of the top 10 domain sales of all time.

10. $3.3M – Wine.com
9. $3.5M – Shop.com
8. $5.0M – AsSeenOnTV.com
7. $5.0M – Korea.com
6. $5.5M – Casino.com
5. $6.0M – Diamond.com
4. $7.0M – Beer.com
3. $7.5M – Business.com
2. $12M – Sex.com
1. $20M – Gambling.com

Source: VIPClub.com

Kinda makes you want to start investing in domain names, huh? My domain brokering business, Dot Com Moguls, currently owns about 140 domains. We are selling a few right now, but I will post more on that later.