NameSilo
Bob Hawkes

My.Life Domain Name Sells for $175,000

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By Bob Hawkes, Apr 17, 2020
  1. donnied79

    donnied79 Top Contributor VIP ★★★★★★★★★★

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    Bob, I think is still correct not to report the sale until it hasn't been fully paid.
    In my little experience I had a .tv that sold for 3 or 4K with installments and at half of the payment plan, the buyer stopped to pay and the domain came back to me.
    I can understand that when you give 100K in advance is a little bit different, but the company can fail and not finish the payment and you would have a distorsion. Not to mention how many fake sales can be arranged if we start reporting sales before they're fully paid.
     
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  2. HotKey

    HotKey Made in Canada VIP

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    That's a great question. But what does it have to do with this sale?? The only thing I can think of that makes a great partner with mobi is someone named dick, but even then it's still backwards and a typo to boot..
     
  3. syedzaheer

    syedzaheer Established Member

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    thank you bob for great post and finding
     
  4. PhongSGC

    PhongSGC Established Member

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    how you know they bought All.com? You tracked them more than 1 year?
     
  5. New.Life

    New.Life THE.COMPANY

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    No, I don’t need to track them to know this.
    You just need to read the news, sometimes, in order to inadvertently find out about it one year later.

    https://domaininvesting.com/all-com-acquired-by-accor-s-a/
     
  6. Sinh

    Sinh Top Contributor VIP

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    I don't have any .life domain in my Portfolio. And I don't think i will register .life at present.
     
  7. shahbaz0345

    shahbaz0345 New Member

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    What a luck 3 yaers ago I was getting My.life domain name for $80 but i left it because if. Life domain. I wish I would take it.
     
  8. Kostas

    Kostas Established Member

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    Donuts didn't reserve lots of keywords but they did reserve "my" so if you saw it available at some registrar it was a mistake and you wouldn't actually get the domain even if you went through with the purchase.
     
  9. Mister Funsky

    Mister Funsky Top Contributor VIP

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    Thanks for the article Bob. Great sale for the domainer...it will be interesting to see what comes of the domain.

    Re the .com version...I'm not a big fan...in my case the data is miserably incorrect.
     
    Last edited: Apr 18, 2020
  10. 3sixty

    3sixty Established Member

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    Don't be so hard on yourself.

    *Hug*
     
  11. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP Gold Account Trusted Blogger

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    Thanks, but just to clarify this was a premium sale by the registry.
     
  12. Mister Funsky

    Mister Funsky Top Contributor VIP

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    LOL...thanks for pointing it out to me. My best friend (dog) was destroying a 50 pound bag of dog food I failed to put out of reach and I had to jump up to rescue it (the bag)...must have missed a paragraph or two!?!?!
     
  13. Silentptnr

    Silentptnr Top Contributor VIP

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    I see it this way.

    I believe this was a strategic acquisition by Meredith. In 2018, Meredith acquired Time Magazine. Time Magazine owns the Life Magazine brand.

    "Time Inc. has now shut down Life magazine three times. Originally launched in 1936 as a weekly, Life was suspended from regular publication in 1972 and brought back as a monthly in 1978. It was suspended again in 2000, then brought back as a newspaper supplement in 2004."

    If I had to guess, Meredith may have some plans to resurrect Life Magazine. Perhaps using the url My.Life.

    Just my thoughts. If I'm right, they have excellent standing to use the term My.Life with trademarks dating back to god knows when, and it would be an appropriate acquisition for them.
     
  14. Zagalee

    Zagalee Established Member

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    Good to learn some tricks to track some end-user though. Nice one.
     
  15. falez

    falez Established Member

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    im shocked that shop.app sold for the highest price of the three. imo its the worst of the three, but who am i to judge lol
     
  16. Samer

    Samer Top Contributor VIP Blue Account

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    It's "Shopify man!" "it's Shopify"

    What's a Shopify, again?

    Samer
     
    Last edited: Apr 19, 2020
  17. Jimmysun

    Jimmysun Established Member

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    Thank you for the article, I got Lift.Life and I think it's good domain for targeting charity and philanthropist niches and helping out world's poverties by lifting their lives. (y)
     
  18. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP Gold Account Trusted Blogger

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    I agree with others who are a little puzzled by the relevance of the comment to this thread. Yes, I guess it is 4 letters long extension, and sold for 6-figures, so that is similar. But it was not a new gTLD (at least as ICANN use the word), was an auction sale not to an end user like this one, and was sold about 14 years ago. The name is of course currently in use by an end user for redirection.

    Anyway, let me answer the "what did it mean?" At the time of the sale, in 2006, a consortium of almost all the big names in tech Google, Microsoft, Nokia, Samsung, Ericsson, T-Mobile, and many others were promoting two things...
    1. Mobile computing would soon become big, with people carrying a computer in their pocket.
    2. Given the screen resolution and data bandwidth limitations of mobile technology of the time, the industry solution was two forms of each website. The traditional one, for computers, and a mobile-friendly one that was promoted to be on .mobi.
    We all know that 1 turned out to be true and 2 did not because Apple came along with the iPhone, grabbed huge market share, and did not support the system of needing two forms of websites.

    Some have been uncharitable to domain investors of that time who spent huge amounts on acquisitions of .mobi and then sold them at a big loss, in many cases. In retrospect, clearly unfortunate investments. But, at the time it appeared that .mobi would not just be as important as .com, it would be as essential as the other TLDs combined to some degree. Unfortunately to extract top dollars, or to fairly allow .mobi acquisition, depending on your viewpoint, an auction system gathered top dollars from domain investors for .mobi. I get how angry domain investors are at .mobi registry for extracting money from them.

    But note why .mobi sold for so much. It was because people thought it would soon be essential to have. Flowers was a great match keyword in an important area in a TLD that seemed to be essential. But it was that second aspect that made it valuable, it was not because flowers.mobi sounded nice or powerful. In that way, the .mobi is much more similar to .com, where people say it is essential for businesses to have the .com. It is saying a domain name is worth a lot because of the TLD, neglecting any aspect of across the dot match. Nothing is certain in the world of domain investing. That is the big message of .mobi.

    But what happened in the my.life sale? An end user bought this domain name because the expression was elegant, powerful and useful. It was the usefulness of the expression, the beautiful match across the dot, that mattered, not some assumption about how .life would work out or what others would do or about what others would do.

    Finally let me address anyone thinking of going out and stocking up on .life or domain names with word my. It is your money, but personally I don't see that this is about MyZZZ domains having new popularity or that .life TLD domain names suddenly have more value. Rather, the message here is simply that great expressions, matches across the dot, have value.

    But similarity to .mobi? Yes 4 letter extension selling for 6 figures, and only 14 years apart. There is that similarity, and not much more, in my opinion.

    Bob

    PS The Wikipedia entry on the .mobi TLD has the key information in a concise format.
     
    Last edited: Apr 20, 2020
  19. Alessandro Couteau

    Alessandro Couteau Top Contributor VIP

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    free.games sold for $335,000

    makes me wonder what I can get for e.credit and easy.credit
     
  20. falez

    falez Established Member

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    goddamn you own easy.credit?
     
  21. Dave

    Dave Top Contributor VIP ★★★★★★★★★★

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    easy.credit is the exact sort of name I am on about, and I can see why someone would spend a good amount on that for sure. Nice one!
     
  22. Alessandro Couteau

    Alessandro Couteau Top Contributor VIP

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    Yessiree
     
  23. Bohdan

    Bohdan Established Member

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  24. Alessandro Couteau

    Alessandro Couteau Top Contributor VIP

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    Bohdan it’s impossible to evaluate GTLDs at the current moment and most appraisal tools are off for domains anyways - both in TLDs and GTLDs ... I would say the best tool out there right now for evaluating a domains value is “Estibot”
     
  25. Bohdan

    Bohdan Established Member

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    Just was curious. Some end-users speculate on those appraisals. So now we have strong counterarguments for them :)
     
    Last edited: Apr 21, 2020
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