Yeah. I would have hoped for a better price but .BIZ is a joke. I think the highest recorded .BIZ sale was $9,000 for Bank.biz. Not too much of a surprise.
My mistake on the sales, sorry. .BIZ didn't have to be a joke but it wasn't marketed improperly imo. The only time I have ever seen a company advertise their main site on a .BIZ was when I was in a porta-potty the other day. The manufacturer used their main site on a .BIZ.
A TLD for business has potential if marketed to the right market correctly, even though I don't like the concept. Unfortunately even if it was marketed correctly I wonder what the response would be, because the U.S. has pretty much tried to take over the .COM extension.
Who knows. Sorry, I didn't mean to go off rambling about .biz
.biz is really a second or third tier TLD in the eyes of the public. Very few top quality websites are built on them, and I think that makes people feel a bit uncomfortable when they see that .biz addresses.... kinda scammy feeling in my opinion.
I really don't understand that bad rep that .biz gets. Seems like an appropriate extension for a lot of potential businesses. I can't disagree that it was poor marketing. Personally I think it's great to obtain loan.biz for 11k. That's an incredible bargain for a TLD of that nature.
Biz was killed by domainers. Domainers took names like download.biz, cars.biz, telephone.biz, television.biz, search.biz, books.biz, etc... and put a bunch of low quality, scammy parking sites there (SEDO, etc...). Most quality generics sold to people who had no plan (nor idea how) to use them other than to cybersquat them. Sorry, but it is true.
If you want to see BIZ take off, let somebody develope good sites with these domains. Let Ford put a site at trucks.biz and maybe the TLD would have a chance.
As it is now, it is going to take 20 years for the TLD to take off.