domain Base.com

[Keyworddomains.com]

just acquired:
www.Base.com
thoughts?


Cheers

Markus

 

[diddie]

http://base.google.com/

 

[chimaera]

I don't know about a bargain, but I think you paid a fair price. If I saw that sale in DNJournal I wouldn't have thought "wow that was high", or "wow that was cheap" for that matter.

Good luck with it!

 

[Monsterman]

I don't quite follow, if the seller got a "great price" surely the buyer has little chance of selling it for more?, on the flip side if the buyer has potential to sell it for double then I would think the seller got a lousy price?

I could not agree more.

There is also something about the name "BASE" that is slippery to me, it does not grab me like say, CARS or SEX. It reminds me of a company that makes truck loads of great products like 3M but you know Post-Its by 3M. I can not imagine the word base going though my mind in a months time unless I was going BASE jumping or talking Baseball or thinking about my basement.

I hope all the best for you on your new baby!

 

[Ben42]

So whats the development idea? 110K for the name is fine, maybe another 25K into development and turn it over for 300k in a couple years.

Just curious how you intend to move forward with it.

 

[HelenM]

Oh man, this is a sexy name! The first thing that popped into my mind when I saw it was MTV Base by the way...

Congrats on an excellent and wise purchase. :tu:

All the best
Louise

 

[Grrilla]

]Originally Posted by Grrilla
I have a gut feeling that the $110K sales price hit the right sweet spot for this name. The seller got a fair price and the buyer got a good deal for a domain w/ income potential that far outdistances the amt invested. The best of both worlds.

I have to agree with Grrilla. Seller got a great price and the buyer has the potential to double his money.

It's great to see members here with balls of brass, taking the plunge.

We all dream of acquiring great names and making $xxx,xxx sales and this is the way to do it.

Be Lucky.

DOMiNIC

I don't quite follow, if the seller got a "great price" surely the buyer has little chance of selling it for more?, on the flip side if the buyer has potential to sell it for double then I would think the seller got a lousy price?

I think that there is a tendency to assume that one side will, almost, always gain an advantage in a transaction. This either-or, winner-loser perspective becomes more accentuated as the stakes grow higher. We weigh a name against it's purchase price and form an opinion that is based upon our own value system. We might conclude that the buyer overpaid or that the seller undersold, which may very well, indeed, be the case but, more often than not, domain name transactions and the intentions that underly them, are not so clearcut or as black and white as that.

From my POV, the ideal transaction is one that is equitable and closes without a winner or a loser - both parties benefit from a trade that is fair and well-balanced. To, properly, evaluate a name's worth, it is necessary to look into the future and analyze the name's potential for income. If the seller could flip the name for $220K today, of course, we would conclude that the seller undersold. Correspondingly, if the domain were developed and failed to generate income or if ithe owner was unable to sell it for more than his purchase price, than, we could conclude that the seller made out and that the buyer got the short end of the stick.

From my perspective, base.com was sold at a fair price relative to comparable reported sales in today's marketplace. My insticts tell me that the new owner will make a profit from his investment through website revenue and/or from a future sale that exceeds the purchase price. This is an instance, in which, both buyer and seller did well for themselves, IMHO.

 

[RogueWriter]

'base' seems a little risky for me at that price, but heck, I've never spent that much on a domain before. All in all, though, I would have a tendancy to go after a domain that is more focussed on a specific product ot niche.

Good luck with it, I hope you do really well by the domain!

 

[Grrilla]

'base' seems a little risky for me at that price, but heck, I've never spent that much on a domain before. All in all, though, I would have a tendancy to go after a domain that is more focussed on a specific product ot niche.

Good luck with it, I hope you do really well by the domain!

You make a good point. On the surface, (and perhaps, otherwise), "BASE" could present a degree of ambiguity. However, on the flip side, the generic nature of the term works to it's advantage *if* the marketing is focused and a an association can be drawn between "Base" and a defined product or service category/group. Regardless of the amount of money involved, the commercial success or failure of a domain depends upon the quality of the product or service- giving users something that they want and that is worthwile to come back for- and branding- packaging the product and getting the word out. Some names just have more potential than others and come with price tags that reflect the difference.