Domain name in an abstract concept. This makes it difficult for people to attach value to them. Hence, in this post I would try to give you examples wherein you can connect things to domains and understand their value.
Now imagine a person who types “Shoes.com” in the browser . He/she is most probably a qualified lead, to buy a pair of shoes. This is similar to have your retail store at a place where customers are most likely to visit. Therefore the price of Shoes.com has to be enormous.
Read MoreShoes.com is a running website from 1996. It has changed hands a couple of times but always been selling shoes. Shoes.com, with all customers was acquired in 2014 by ShoeMe.ca . At the time of purchase , Shoes.com was doing a business of $60million annually...