This time last year, I would have never considered buying six-, seven- or even eight- number domain names. I wouldn't have considered buying a four-letter .COM with a "z" or a "q" in it either. I wouldn't have even considered buying four letter .NET domain names.
Yes, the domain industry is going through a rapid change thanks mainly to Chinese investors. As such, the hottest categories seem to be four-letter .COM domains, five-letter .COM's, four-letter .NET's, and numerical domains from four- to six- characters in length. The letters that didn't mean anything suddenly mean everything.
These investments are making rapid gains. For example, I purchased some four-letter .COM domains from this forum around two weeks ago. I've sold a couple of those domains for double the price I paid for them. I can't think of another investment area in which you can double your money within 14 days, and I hope these days continue for a long time to come.
However, I want to remind you all that one-word .COM's, two-word .COM's, and highly-searched phrases can still have their worth. They're not "en vogue" at the moment, but that doesn't mean they don't have value.
These are solid investments that have had value for years, and I think they will have value for years to come. This value doesn't come from reselling them to an investor inside a couple of weeks, but from the end users - those who will pay the most to get a good domain name.
Although China continues to dominate the headlines, there is a constant in the background: end users looking to upgrade their domains or looking at ways to improve their online marketing potential. DomainNameWire.com's end user report is full of companies that have made investments in new domains for a number of different reasons. Just today, Mike Berkens announced the sale of CompleteHomeGuide.com for $6,750 - I'm fairly certain that wasn't a Chinese investment.
Whilst these sales may not have the attractiveness of a headline in which Frank Schilling makes $3,000,000 from a portfolio of four-letter .COM's, they're still sales nonetheless.
So whilst you're searching your drop lists in hopes of finding the next great investment(s) in short domains or numerical domains, why not take a look for one- or two- word domains; you're likely to have less competition on this type of auction whilst everyone's attention is focused on the East.
Yes, the domain industry is going through a rapid change thanks mainly to Chinese investors. As such, the hottest categories seem to be four-letter .COM domains, five-letter .COM's, four-letter .NET's, and numerical domains from four- to six- characters in length. The letters that didn't mean anything suddenly mean everything.
These investments are making rapid gains. For example, I purchased some four-letter .COM domains from this forum around two weeks ago. I've sold a couple of those domains for double the price I paid for them. I can't think of another investment area in which you can double your money within 14 days, and I hope these days continue for a long time to come.
However, I want to remind you all that one-word .COM's, two-word .COM's, and highly-searched phrases can still have their worth. They're not "en vogue" at the moment, but that doesn't mean they don't have value.
These are solid investments that have had value for years, and I think they will have value for years to come. This value doesn't come from reselling them to an investor inside a couple of weeks, but from the end users - those who will pay the most to get a good domain name.
Although China continues to dominate the headlines, there is a constant in the background: end users looking to upgrade their domains or looking at ways to improve their online marketing potential. DomainNameWire.com's end user report is full of companies that have made investments in new domains for a number of different reasons. Just today, Mike Berkens announced the sale of CompleteHomeGuide.com for $6,750 - I'm fairly certain that wasn't a Chinese investment.
Whilst these sales may not have the attractiveness of a headline in which Frank Schilling makes $3,000,000 from a portfolio of four-letter .COM's, they're still sales nonetheless.
So whilst you're searching your drop lists in hopes of finding the next great investment(s) in short domains or numerical domains, why not take a look for one- or two- word domains; you're likely to have less competition on this type of auction whilst everyone's attention is focused on the East.