NamesCon2020
James Iles

Top Topics: Fashion.com Domain Sells; ICBC.com Almost Sold for $10 Million...

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By James Iles, Nov 23, 2019
  1. According to a notice on the domain Fashion.com, it has been sold as of November 21st 2019. The domain name has made some headlines as the owners decided to put the domain up for auction, but it has been indicated that the auction will no longer take place now that a buyer has been found. The winning bidder and the amount paid will remain confidential.

    Here are this week's Top Topics.


    Would You like to Charge a Domain Inquiry Fee?

    For domain investors with hundreds or thousands of desirable domain names, managing the constant stream of inquiries is a difficult task. One solution to this problem is to ask anyone inquiring about a domain name to pay a small fee in order to contact you.

    This is the standard practice of companies such as Telepathy, who own around forty thousand domain names. If a “pay to contact” feature was introduced into popular services such as Efty, would you use it?

    Topic by: @equity78


    ICBC.com Almost Sold for $10 Million

    It’s rare that we cover a domain name that was almost sold, but in these circumstances, the news coverage is justified. The four-letter domain ICBC.com is owned by the Insurance Corporation of British Columbia, but it was almost owned by the Industrial and Commercial Bank of China.

    Currently operating on ICBC.com.cn, the Chinese bank offered to pay $10 million for the domain name in 2017, but the deal was rejected by the provincial minister in British Columbia.

    Topic by: @GeorgeK


    Which Landers Should I Use in 2020?

    For many investors, plans and executable strategies are forming for 2020. However, it’s often useful to get input from other domain investors regarding certain parts of an investment strategy.

    Here, an investor is asking for opinions on whether GoDaddy landing pages are the best option to instill trust in a buyer and create an effective sell-through rate, or are other marketplaces such as DAN.com or self-managed landing pages such as Efty far better?

    Topic by: @Nattydomain


    My Thoughts as a Potential Buyer

    Speaking of landing pages, here is a story of what not to put on your customized landing pages, from the perspective of a domain name buyer. The story is offered in full in this discussion, but the key point is that the landing page was overly complicated and ultimately lost the buyer’s attention and motivation to buy the name.

    Something to definitely consider when creating a landing page is to ensure that the process of submitting an offer is as easy as possible.

    Topic by: @likeslikes


    Poll: What Price Would You Pay to Join the ICA?

    The ICA (Internet Commerce Association) is a non-profit organization advocating for the rights of domain name owners. Influential investors such as Telepathy’s Nat Cohen and Digimedia’s Jay Chapman currently sit on the organization’s board.

    Veteran domainer Rick Schwartz called for the ICA to respond after an ICANN proposal that could result in the entire suspension of an investor’s portfolio in certain circumstances. In reply, the ICA stated that more investors should join the Association. Currently, the fee is $600 per year for an individual membership. Would you be more inclined to join if the membership was cheaper?

    Topic by: @equity78


    Top Topics of the Week is a blog series featuring the most popular discussions and content within the domain community. Tune in weekly to see what’s trending
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
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  4. James Iles

    About The Author — James Iles

    James is a domain name industry professional currently working on numerous domain industry research, acquisition and sales projects. Contact [email protected] For all inquiries relating to NamePros stories and interviews, please email: [email protected]

    This is James Iles's 689th blog post on NamePros. View all blog posts

    Home Page:
    https://about.me/iles
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  5. Comments (12)

  6. oskaaay

    oskaaay Founder, GetDomainData.com Gold Account

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    This is an interesting compilation - looking forward to future updates too
     
  7. The Durfer

    The Durfer Upgraded Member Gold Account VIP

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  8. FolioTeam

    FolioTeam Top Member VIP

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    Thanks for sharing
     
  9. Welberch

    Welberch Welberch, LLC VIP ★★★★★★★★★★

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    Fashion.com what a name!
     
  10. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    Another great selection. Thanks @James Iles ! Indeed Fashion is a fantastic name.

    With all of the attention on what has happened re ICANN and .org, the ideas being floated about losing rights if you lose just two cases may be getting overlooked and it shouldn't be.

    The case of needing to fill out three pages and make an offer in order to get a price and then the response be not to give a price seems unjustifiable to me.

    Thank you for each week giving us a thoughtful compilation of topics.

    Bob
     
  11. Larion

    Larion Established Member

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    Last edited: Nov 23, 2019
  12. Atmosphere Global

    Atmosphere Global neomvacation.com Blue Account

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    Money.com sold USD 20 million in October 2019.
     
  13. China auto

    China auto Established Member

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    James, Thanks for updates "Insurance Corporation of British Columbia" possibly a political decision but IMO the wrong one "the news coverage" will kill any future negotiations should have been private.
    Fashion com be good if LVMH was the buyer, sends the right message to corporate board rooms.
    "Think" brand opportunities will come as WeChat east & west superstrate linguistics merge? Not mine but noted tech terms creeping into China centric generics "Cyber" "Blockchain" "247 - 24x7" e.g. Puke247
    {Baidu: PuKe (2,990,000) - 扑克 (34,000,000) = Poker} Time is information we don't have : )
     
  14. illumy

    illumy Restricted (85-100%)

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    The best brand portal for Fashion company aka Fashion.com is sold! But the best brand portal for Fashion APP > Fashion.app is still available!
     
  15. ideacipta

    ideacipta New Member

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    .COM still strong ,
    how about ccTLD?
     
  16. China auto

    China auto Established Member

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    Surprising that Money (dot) com is seemingly wasting the direct traffic "trust" of what was a quality financial resource. In a digital age the mass public require a brand to be seamless in the transition from fiat - digital Currency exchanges will facilitate that interface Money (dot) com is perfect brand ... beats China plc's DCEP
    but not the Islamic TakafulExchange.com
     
  17. manpreet

    manpreet Established Member ★★★★★★★★★★

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    Huge Undersell, imo. Again, its Money.com! +++
     
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