auctions CustomerService.com goes to auction @ $2.1 million

[Julio]

Just saw the news at domaining.com that CustomerService.com is going to auction @ $2.1 million.

Domain names that are memorable and search-engine friendly are branding gold, which is why companies fight for the right to own them, sending their value into the mega millions. You might think it’s insane to spend millions on a simple Internet web address, but the right .com URL could turn an ordinary business into a household name that would otherwise take years to get on people’s radar and cost almost as much in marketing, if not more.

https://www.forbes.com/sites/shephy...n-name-goes-to-auction-for-2-1m/#6021250b7150

 

[MapleDots]

Hell for that Money I would just add a word and pay the reg fee.

Lets see if we can make a good .com

CustomerServiceGateway.com - registration fee

CustomerServiceGate.com - registration fee

CustomerServicePort.com - registration fee

CustomerServiceGo.com - registration fee

CustomerSerwiz.com - registration fee

The domains above where all available when I made this post.

Go ahead, feel free to register them and save 2.1 million.

Happy hunting

 

[MapleDots]

HeHe, it will be fun to watch which ones actually get registered and how long it will take.

 

[LarryDomain]

That's a great domain. hope it sells for top dollars.

 

[Domains - Wanted]

Just saw the news at domaining.com that CustomerService.com is going to auction @ $2.1 million.

"Is going to auction". Good hype, the title of the article. Obviously a sponsored text, a pretty good sales pitch promoting the "exclusive silent auction". Interesting and innovative approach, including this part:

To support those veterans who have served us,1% of the sale of this domain will be gifted to the Institute of Veterans & Military Families to support their mission, "In Service to Those Who Have Served."

Great PR job all around! Will the name fetch anything close to the $2.1 mil minimum bid? I seriously doubt that. The auction holder seems to agree and has built in a safety valve:

We reserve the right to accept "Buy It Now" offer prior to auction.

Smart!

 

[Sinh]

"Is going to auction". Good hype, the title of the article. Obviously a sponsored text, a pretty good sales pitch promoting the "exclusive silent auction". Interesting and innovative approach, including this part:

To support those veterans who have served us,1% of the sale of this domain will be gifted to the Institute of Veterans & Military Families to support their mission, "In Service to Those Who Have Served."

Great PR job all around! Will the name fetch anything close to the $2.1 mil minimum bid? I seriously doubt that. The auction holder seems to agree and has built in a safety valve:

We reserve the right to accept "Buy It Now" offer prior to auction.

Smart!

Not smart.....it is very smart

 

[cdboard]

go non-.COM and save a bunch.

a quick look at godaddy and sedo showed some affordable "customer.____" and "customerservice.____" domains

 

[urlurl]

good luck, bit of a steep price IMO;

highest (known) sale with customer in it was 'customer portal . com' for $10k in 2009
'customer relations .com' - only sold for $5,200 in 2013

 

[UmerK]

I got VRCustomerService :D I guess i will have to keep an eye on this one to see if it sells well

 

[domainsmgm]

I had got VRCustomerCare.com very long back

 

[platey]

The domain is worth what it sells for but the redirect from the domain to the successful bidders existing website would no doubt be worth a considerable amount in increased business

2.1m is only worth a lot when buying dot Coms for $10 but to big business etc
2.1m is loose change

 

[MapleDots]

good luck, bit of a steep price IMO;

highest (known) sale with customer in it was 'customer portal . com' for $10k in 2009
'customer relations .com' - only sold for $5,200 in 2013

How does one get this information?
I would love to be able to search sold domain prices.

 

[Justin Matmor]

How does one get this information?
I would love to be able to search sold domain prices.

www.namebio.com

 

[Jv1999]

How does one get this information?
I would love to be able to search sold domain prices.

Hun <3 it's namebio.com

 

[MapleDots]

www.namebio.com

Thank you...

Looking at that site $69 seems to be one of the more popular selling prices.

 

[DNWon]

Looking at that site $69 seems to be one of the more popular selling prices.

I think you are looking at the NameJet Auction ad in the right margin where their minimum bid starts at $69. You have to either use the Daily Market Report or the Search function at the top of the page to search for SOLD domain sales.

Just saw the news at domaining.com that CustomerService.com is going to auction @ $2.1 million.

I own CustomerServInc.com and I'm willing to let it go at slightly less than 2.1 mil.

 

[DomainVP]

Lets see if we can make a good .com

How does one get this information?
I would love to be able to search sold domain prices.

The first person to scoff about this domain and tell us what a 'good domain' is, has also never heard of NameBio.

#ProAdvice

 

[MapleDots]

I did not scoff at the domain, I simply stated I would just add a word and save myself a few million

I do the vast majority on .ca domains, so I have other tools I have used for many years.

#CommonSenseAdvice: A fool and their money are soon parted. A ton of the most expensive domains ever sold are now gathering dust (as in not used) or resold for lower amounts. I can start a topic and list them if you like.

Edit: PS. Of course the term fool was not directed at you. Needed to clarify that.

 

[DomainVP]

I did not scoff at the domain, I simply stated I would just add a word and save myself a few million

I do the vast majority on .ca domains, so I have other tools I have used for many years.

A fool and their money are soon parted. A ton of the most expensive domains ever sold are now gathering dust or resold for lower amounts.

So now I refer to myself as a Domain Property Agent when conversing with my clients.

NameBio is an industry standard in domain name sales reporting for all popular extensions. I'm just not sure how a domain property agent involved in the industry since 2002 wouldn't know that.

Having an opinion is fine, everyone has one, but following up an opinion with "what is NameBio" does not reinforce your opinion.

As for this domain.

There are many customer service operations out there that might have a billion dollar idea and a multi-million dollar monthly income. Imagine a service that would contact various customer service for you and you only had to pay $10/mo, and they could get the results that you are looking for.

Or that same company could rebrand and offer high-end call center services at the enterprise level. When you eat at a high-end place do you wear your workout clothes, or do you wear your nice attire? CustomerService.com is the best address for branding yourself as the authority for CustomerService.

This is the domain for them.

Plus if the business takes off and another company is interested in an acquisition they can add the price of the domain to their valuation anyway.

So my advice... think big, stop thinking in terms of simple websites, registration costs, and small money. It's the biggest mistake this industry makes on a consistent basis.

Good night, and good luck.

 

[Justin Matmor]

NameBio is an industry standard in domain name sales reporting for all popular extensions. I'm just not sure how a domain property agent involved in the industry since 2002 wouldn't know that.

Having an opinion is fine, everyone has one, but following up an opinion with "what is NameBio" does not reinforce your opinion.

As for this domain.

There are many customer service operations out there that might have a billion dollar idea and a multi-million dollar monthly income. Imagine a service that would contact various customer service for you and you only had to pay $10/mo, and they could get the results that you are looking for.

Or that same company could rebrand and offer high-end call center services at the enterprise level. When you eat at a high-end place do you wear your workout clothes, or do you wear your nice attire? CustomerService.com is the best address for branding yourself as the authority for CustomerService.

This is the domain for them.

Plus if the business takes off and another company is interested in an acquisition they can add the price of the domain to their valuation anyway.

So my advice... think big, stop thinking in terms of simple websites, registration costs, and small money. It's the biggest mistake this industry makes on a consistent basis.

Good night, and good luck.

What is even more surprising is that he asked this question.

"How does one get this information?
I would love to be able to search sold domain prices."

He had no idea where to get historical data from. There are other platforms other than namebio.

 

[MapleDots]

NameBio is an industry standard in domain name sales reporting for all popular extensions. I'm just not sure how a domain property agent involved in the industry since 2002 wouldn't know that.

Because the vast majority of .ca names are not reported there, instead they are discussed on private forums.
The fact that I just joined nP means I have not had too much interest to look outside of Canada.

That said I do find a lot of these so called large sale articles are put out by the very people trying to sell the domains. History is already on my side with some of the biggest sale domains not in use. Anyone that spends that much money on CustomerService.com is foolish indeed. Imagine how many good quality domains could be procured for that much money.

Example.... huge sale o.co - now back to overstock.com
That was a huge sale and a huge waste of money.

I'm just saying that multi million dollar purchases very seldom work out for the buyer. In the case of overstock the o.ca meant nothing. They already had a prime domain. Now if they decide to buy WebSales.com for 2.3 million or something it would be another mistake. How would they make more money off that one?

Anyone who can afford to buy CustomerService.com will already be successful, I doubt they will ever make the profit back on that domain.

That is my opinion of course and all I can say is I agree to disagree on that one.

 

[MapleDots]

What is even more surprising is that he asked this question.

"How does one get this information?
I would love to be able to search sold domain prices."

He had no idea where to get historical data from. There are other platforms other than namebio.

Never had a need for it, I have all my tools for my .ca domains.

I am just now starting in on the .coms because I completed a collection I have been trying to market.
I have lots of places that report sales, I just did not know of one where I could search the sold domains. I guess my bad for not knowing that one.

 

[Name Trader]

Nobody is going to buy this domain and rename their business to Customer Service. Their brand is already established. And what is a company that names itself Customer Service? Would I go there for my Insurance, to buy a Jet? Or what. Toys.com made sense at $5M. CustomerService.com? I'm not so sure about.

Don't get me wrong. It's a nice domain. But will it sell at that price? I'd like some idea as to who would by this domain? And how they would monetize it?

Oh. And in the quoted article there was no mention of where or when the auction is. Was this just a fluff piece? Or where, when, is it for auction.

 

[Justin Matmor]

Wayback in 2002 they intended to build a site about..

CustomerService.com will help these visitors easily find what they need because we’ll have direct links to all major companies providing: Outsourcing services, Customer relationship management (CRM) technology, Call center and customer-care software, Customer-centric marketing programs, Training seminars, Consulting services, Customer service conferences, newsletters, magazines and much more…

 

[SuperDudePro]

I did not scoff at the domain, I simply stated I would just add a word and save myself a few million

I do the vast majority on .ca domains, so I have other tools I have used for many years.

#CommonSenseAdvice: A fool and their money are soon parted. A ton of the most expensive domains ever sold are now gathering dust (as in not used) or resold for lower amounts. I can start a topic and list them if you like.

Edit: PS. Of course the term fool was not directed at you. Needed to clarify that.

Please do list them. Not doubting you at all, I'd just love to see a list and the stories behind it.