sales ChicagoPizza.com Sold for $9,400 USD – What's your thoughts?

[Robbie]

The domain name ChicagoPizza.com sold on GoDaddy yesterday for $9,400 USD, What are your thoughts on this domain name?

The domain name was registered back in 1998 and didn’t resolve for many years according to Achrive.org historical records, It was then parked at GoDaddy CashParking for a number of years and now has dropped and been auctioned on GoDaddy for $9,400 USD.

What is Chicago Pizza or Chicago Style Pizza – I do love myself a slice of deep-dish pizza – Do you?

Chicago-style pizza is pizza prepared according to several different styles developed in Chicago. The most famous is the deep-dish pizza. The pan in which it is baked gives the pizza its characteristically high edge which provides ample space for large amounts of cheese and a chunky tomato sauce. Chicago-style pizza may be prepared in deep-dish style and as a stuffed pizza

The domain name ChicagoStylePizza.com is already taken too before anyone heads on over to check it out, registered back in 1997 owned by The Malnati Organization

So what do you think was $9,400 USD a good buy?

I think it was and there are a number of companies who could take advantage of this great name, it will be interesting to see who acquired on GoDaddy Auctions, I suspect a domain name investor not an end-user but we will know in due course – Congrats to the buyer, I think you got a great name with nice opportunity in for future resale.

Ever wanted to know what domain names Domino Pizza Owns you can check out the full list here.

http://robbiesblog.com/chicagopizza-com-sold-for-9400-usd-whats-your-thoughts/8543

 

[biggie]

Hi

some observations:

chicagopizza.com / net and org are all parked

chicagostylepizza.com > doesn't resolve
chicagostylepizza.net > Michigan Pizza location

if other domainers were not willing to bid higher, then they probably decided that the "potential ROI" for that domain, would not be high enough to risk investing more..
.
at that closing sale price, along with other extensions not being "end-used",
there may not be much demand or desire to acquire it, especially if end-user price, is too high.

imo...

 

[biggie]

you are targeting every pizza shop in the Chicago area generic geo domains are the best you never run out of end users.

Hi

every pizza place in chicago, doesn't want to be chicagopizza.com

as so many of them, have their own identity, and followers, like italian fiesta or fox's pizza
and that's not including the franchises like dominos, pizzahut, etc

maybe a name like that would be good for frozen pizza brand, but for individual mom & pop stores, it would be a hard sell.

imo...

 

[RogueWriter]

There is a chain called Chicago Pizza, here in Indiana.

 

[Keith]

You sure about that? And curious how you came to this conclusion, are you basing this off of the new 2031 expiration date?

https://domaininvesting.com/godaddy-auctions-wins-can-still-be-cancelled/

 

[Chris Hydrick]

I agree, xx,xxx
12k-18k range

Update:

1. Domain didn't sell for $9.4k; auction cancelled, domain renewed.
2. Buyer tweeted a $100,000 offer for ChicagoPizza.com after GD cancelled his $9.4k order.
3. Still to be determined.

https://twitter.com/x/status/1373006658385891331

 

[NameBuyer.com]

At $9,400 it would have been a great investment.

Could it sell for $100k-$300k+ to the right enduser? Yes.

The side story is interesting as I didn't think there was any way to still renew a domain that has expired and sold at auction if the domain is registered at GoDaddy. Out of fairness, I would hope there is not a two tier system where certain customers can renew, and "other" customers cannot. But if it was truly an "edge" case, that should be applauded as any one of us would hope for the same consideration if we lost a domain under similar circumstances.

 

[Mytz.com]

good

 

[bmugford]

It is a very fair price for a domain with almost endless potential end users both for the GEO (Pizza places in Chicago) and the style in many other locations (Chicago Style).

I think it will easily sell for 5 figures to an end user. I would be a buyer more in the mid $X,XXX range personally. I don't think at near $10K there is really enough expected margin IMO.

Brad

 

[Lox]

The domain name ChicagoPizza.com sold on GoDaddy yesterday for $9,400 USD

That domain didn't sell @ Godaddy Auction, the owner renewed domain ... last moment (testing $value...for years). The GD Auction ToS: domain can be renewed > 45th day. The Auction is null/canceled and your refund will go to your cc/paypal/bank.

Regards

 

[Chris Hydrick]

I would hope the GoDaddy UI allows that user to quickly renew without being exploited or price gouged.

https://domaininvesting.com/godaddy-auctions-wins-can-still-be-cancelled/

From the comment section of that @EJS article.

Tagging Puneet @barybadrinath

 

[Lox]

Thx @Keith

 

[Chris Hydrick]

Thx @Keith

https://twitter.com/x/status/1372946979643359234

...

https://twitter.com/x/status/1372949136249647107

 

[Lox]

I'm curious where Aman is during all this?

As if one GoDaddy scandal wasn't enough, does he really intend to keep his head in the sand while navigating the iceberg filled waters of 2021. I mean, he's not selling hotel rooms any more.

Why Aman has no presence on the industries most popular forum is beyond me. @AmanBhutani get off the private forum and come join namePros. Or @GoDaddy, perhaps it's time to #FireAman, and hire a woman as CEO!

I guess, after "the Hill" case and CIntel requests, Aman is more focused on investigating customers website content and/or registered domain names. The GD is too big for 1 brain to handle all-wayback bugs and problems small-mid domain investors facing each day. But ... there's more coming soon. 1 thing people here should be grateful for is: Joe's & Paul's support is outstanding.

Regards

 

[Lox]

@Grilled As far as I can tell, this guy (twitter) is a person who should own ChicagoPizza .com ( ... is crazy about Chicago Pizza )

 

[Chris Hydrick]

When searching: https://www.godaddy.com/domain-value-appraisal for any terms that say something similar to other investment advertisements, such as please invest responsibly, I found no notice, or disclaimer of any kind. What kind of investment atmosphere is GoDaddy trying to create here? ...Maybe I'm missing something?

Dang!?!?#$*& What on Earth happened? was Appraisal, Valuator? #GDFogging

OK! Forget Estibot & Estimator, use Abacus

& Thx for Monty

Yeah, I'm not a lawyer or anything, so this is beyond my expertise. It just seems to me that GoDaddy is begging for a class action lawsuit from domain registrants for creating/incubating an irresponsible investing atmosphere/practice lacking proper disclaimers and fueling the unregulated fire through aggressive marketing and a subsequent callous disregard to registrants time, money, and mental health. Effectively priming netizens to enter a possible environment prone/likely to incubate an addiction or the hardships that tend to follow absent of necessary/proper/visible warnings/disclaimers.

It's almost as if the more information that comes out, the easier it gets to paint a historical picture of GoDaddys longstanding effort to strategically position shareholder profits over any true regard to domain registrant rights, and/or responsible/transparent fair practices. As fair practices and transparency, would likely support and allow for a healthy ecosystem to flourish for ALL, opposed to the lucrative expired domain marketplace (where godaddy hijacks the right to the domain, and sells the domain for full profit without allowing the registrant an easy way to renew between days 30 and 45 OR without extending ANY portion of the profits their domain investment yielded to GD). As it seems GD has tried to describe/position this practice as a common industry norm unprotected by any real oversight, regulation, or for lack of a better term deflecting their greedy practices/mishaps to a CorporateSponsoredIndustryLobbyingAssociation for guidance, oppose to simply stopping the madness, and being fair to both shareholder and registrant.

Tagging a few domain lawyers for possible comment: @jberryhill @Zak Muscovitch @xynames @patents

**apologies if this comment is taking this thread off topic. Perhaps, this side discussion deserves its own thread.

 

[john_karr]

I never had ChicagoPizza.com.

 

[noneisnone]

Hi

every pizza place in chicago, doesn't want to be chicagopizza.com

as so many of them, have their own identity, and followers, like italian fiesta or fox's pizza
and that's not including the franchises like dominos, pizzahut, etc

maybe a name like that would be good for frozen pizza brand, but for individual mom & pop stores, it would be a hard sell.

imo...

i see your point but i always saw it as a way to be the one and only in your field having a generic name redirect to your brand name website not sure if i explained that right i have sold few domains this way

 

[Mister Funsky]

What is Chicago Pizza or Chicago Style Pizza – I do love myself a slice of deep-dish pizza – Do you?

You reminded of the days of going to Godfathers Pizza and getting the 5 pounder (had over a pound of cheese and TONS of ingredients). Truly the best chain pizza I have ever eaten...wish I had one now!

 

[The Durfer]

there is still room for profit, i was thinking low 5 figs. ty. congrats to buyer and seller.

 

[biggie]

i see your point but i always saw it as a way to be the one and only in your field having a generic name redirect to your brand name website not sure if i explained that right i have sold few domains this way

Hi

for redirecting, i can agree with that.

i have sold a few chicago .com names including
chicagoescort, insurancechicago, chicagorealestateattorney

also own chicagodrivingschool.com

There is a chain called Chicago Pizza, here in Indiana.

Hi

now, they might have more use for it.

being out of state, eliminates chitown competition
while, the name can solicit anticipation, of what we get locally.

but the taste, will dictate the reviews.

imo..

 

[Chris Hydrick]

That domain didn't sell @ Godaddy Auction, the owner renewed domain @ last moment. The GD Auction ToS: domain can be renewed > 45th day. The Auction is null/canceled and your refund will go to your cc/paypal/bank.

Regards

You sure about that? And curious how you came to this conclusion, are you basing this off of the new 2031 expiration date?

Comparing WHOIS Entries:

to

...

Just curious, which "domain owner" is Afternic, LLC representing here in the WHOIS details?

Is Afternic holding the domain for their long time customer CARUTHERS ASSOCIATES who paid GoDaddy hundreds of dollars over the years in renewal fees for ChicagoPizza.com? Or is Afternic, LLC holding the domain on behalf of the incoming domain owner (eg GoDaddys buyer) who allegedly bought the domain for $9,400 at GoDaddy expired auction?

Curious how a a registrar decides when and how to alter WHOIS details. As if Afternic LLC really is holding the domain on behalf of CARUTHERS ASSOCIATES, I would hope the GoDaddy UI allows that user to quickly renew without being exploited or price gouged.

@Joe Styler @Paul Nicks @Michael

 

[Lox]

Is Afternic holding the domain for their long time customer

Usually, domains stay in redemption for approximately 100 days. Regarding "Caruthers" ... another story

 

[Chris Hydrick]

Most bidders try to remain calm, this one didn't manage. His feelings of frustration or irritation is like he's entering a 'new normal GD'. There's a huge empty space for a brand new domain auction platform. Let's wait.

I'm curious where @AmanBhutani is during all this?

As if one GoDaddy scandal wasn't enough, does he really intend to keep his head burried in the sand (or buried in private secretive domain forums) while navigating the iceberg filled waters of 2021. I mean, he's not selling hotel rooms any more. Is he there just as a #trophyCEO to look good filling a board seat there, and at the NYT, or does Aman actually provide GD with any type of tangible guiding value?

Why Aman has no presence on the industries most popular public domain forum is beyond me. @AmanBhutani get off the private forum and come join namePros. Or @GoDaddy, perhaps it's time to #FireAman #HireAWomanCEO

 

[Chris Hydrick]

Most bidders try to remain calm, this one didn't manage.

IDK... Seems like he is tired of the GD double talk, and just wants straight answers and fairness. And frankly, I think the entire industry (those who are not making backroom deals and/or the ones NOT on private secretive domain forums) is sick of GD preferential treatment and how that sits with the public facing double talk. #FireAman #HireAWomanCEO

https://twitter.com/x/status/1373124788080803841

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