- Impact
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Today I go over the care.net domain name auction on GoDaddy Auctions and talk about why it has 18 bidders and over $20k in bids so far with a coupe days left until it closes. We look at tools and see valuable data points that can help us to put the right value on a domain name like this.
Let us know if this is helpful or if you have any questions in the comments.
**These videos are provided for educational and informational purposes only and do not constitute investment or financial advice. Always do your own research before making a purchase of any domain name. **
Key Topics:
Auction Overview: Joe from the main academy.com discussed an ongoing auction for the domain car-e.net on auctions.gorea.com, highlighting its high bid count and significant current bid amount. 0:00
Domain Popularity: Joe explained the popularity of the domain name "care" by showing data from domainacademy.com tools, including high search volumes and numerous taken extensions. 0:47
Market Demand: Joe emphasized the broad applicability of the term "care" across various industries, making it a highly marketable domain name. 2:45
Potential Buyers: Joe highlighted the large number of companies and startups using the term "care," indicating a high potential for end-user buyers. 3:32
Alternative Domains: Joe reviewed alternative domains and their availability, noting that many popular extensions for "care" are already in use by large companies. 4:17
Resale Value: Joe discussed the potential resale value of the domain car-e.net, suggesting it could be a six or seven-figure sale to the right buyer. 5:40