sales Collective.space Sold for $8,000; TMCE.com for $5,500...

[Domain Sales]

The top domain name sale of the day was Collective.space selling for $8,000.00 at Sedo. NameBio tracked 378 domain sales $100+ for a reported total of $209,341.00 with an average price of $553.81 per sale. Compared to the day before, there was an increase of 8% in the number of sales but the total dollar volume decreased by 13%. NameBio also recorded an additional 910 sales below $100 for a total of $21,172.

Top Sales for April 15th, 2020

Domain	Price	Venue
collective.space​	$8,000​	Sedo​
tmce.com​	$5,500​	Sedo​
xpj777.com​	$5,033​	GoDaddy​
hyperlab.com​	$4,550​	GoDaddy​
trilliumfoundation.org​	$3,602​	NameJet​
heritagemonuments.com​	$3,600​	BuyDomains​
11098.com​	$3,050​	GoDaddy​
fc3.com​	$3,022​	GoDaddy​
ercncte.org​	$2,951​	GoDaddy​
braintoolbox.com​	$2,888​	BuyDomains​
tg1.com​	$2,826​	GoDaddy​
pilatestogo.com​	$2,650​	BuyDomains​
activist.org​	$2,600​	NameJet​
ada-books.com​	$2,550​	DropCatch​
77317.com​	$2,460​	4.CN​
6km.com​	$2,276​	GoDaddy​
twbookmark.com​	$2,250​	NameJet​
reinigungstuecher.com​	$2,175​	Sedo​
sherpa.io​	$2,050​	Park.io​
77195.com​	$1,977​	4.CN​
jumpfit.com​	$1,950​	BuyDomains​
47266.com​	$1,920​	4.CN​
r500.com​	$1,875​	NameJet​
77295.com​	$1,839​	4.CN​
pettasker.com​	$1,825​	BuyDomains​
marm.com​	$1,805​	NameJet​
supersanitizer.com​	$1,800​	BuyDomains​
77395.com​	$1,726​	4.CN​
77812.com​	$1,723​	4.CN​
77823.com​	$1,723​	4.CN​
romanorumvita.com​	$1,704​	DropCatch​
75822.com​	$1,695​	4.CN​
insertionpoint.com​	$1,688​	BuyDomains​
biolinks.com​	$1,675​	GoDaddy​
equi4.com​	$1,650​	NameJet​
haussmann.com​	$1,650​	DropCatch​
73922.com​	$1,638​	4.CN​
glenns-garden.com​	$1,606​	DropCatch​
77935.com​	$1,585​	4.CN​
na1.com​	$1,551​	GoDaddy​
welcomesoftware.com​	$1,500​	BuyDomains​
77891.com​	$1,472​	4.CN​
corsix.com​	$1,388​	BuyDomains​
77981.com​	$1,370​	4.CN​
77593.com​	$1,370​	4.CN​
77832.com​	$1,370​	4.CN​
77192.com​	$1,359​	4.CN​
77952.com​	$1,356​	4.CN​
77912.com​	$1,356​	4.CN​
77913.com​	$1,356​	4.CN​
77312.com​	$1,341​	4.CN​
77392.com​	$1,341​	4.CN​
75883.com​	$1,331​	4.CN​
77932.com​	$1,331​	4.CN​
77352.com​	$1,327​	4.CN​
wellbank.com​	$1,300​	GoDaddy​
73987.com​	$1,260​	4.CN​
qualitytraining.com​	$1,226​	GoDaddy​
ynn.org​	$1,150​	DropCatch​
2lt.com​	$1,102​	GoDaddy​
73387.com​	$1,062​	4.CN​
beliefbooks.com​	$1,021​	BuyDomains​
bestgameshq.com​	$1,001​	GoDaddy​

Market Stats for April 15th, 2020

TLD Type	Num Sales	Dollar Volume	Average	Median
gTLDs​	360​	$194,782​	$541​	$225​
New gTLDs​	2​	$8,660​	$4,330​	$4,330​
ccTLDs​	16​	$5,899​	$369​	$246​

TLD	Num Sales	Dollar Volume	Average	Median
COM​	330​	$177,581​	$538​	$225​
ORG​	16​	$13,475​	$842​	$268​
NET​	11​	$3,261​	$296​	$236​
IO​	5​	$3,016​	$603​	$155​
TO​	3​	$415​	$138​	$104​
ME​	3​	$955​	$318​	$330​
CL​	2​	$294​	$147​	$147​
INFO​	2​	$300​	$150​	$150​
US​	1​	$355​	$355​	$355​
BIZ​	1​	$165​	$165​	$165​
COACH​	1​	$660​	$660​	$660​
SPACE​	1​	$8,000​	$8,000​	$8,000​
MD​	1​	$544​	$544​	$544​
LY​	1​	$320​	$320​	$320​

Venue	Num Sales	Dollar Volume	Average	Median
GoDaddy​	269​	$92,262​	$343​	$195​
4.CN​	25​	$38,288​	$1,532​	$1,370​
DropCatch​	25​	$14,656​	$586​	$282​
NameJet​	21​	$20,099​	$957​	$450​
BuyDomains​	10​	$20,310​	$2,031​	$1,813​
Dynadot​	9​	$2,066​	$230​	$126​
Flippa​	6​	$1,941​	$324​	$260​
Sedo​	5​	$16,485​	$3,297​	$2,175​
Park.io​	3​	$2,474​	$825​	$320​
Catched.com​	3​	$449​	$150​	$155​
Register.TO​	2​	$311​	$156​	$156​

Category	Num Sales	Dollar Volume	Average	Median
Dictionary (English)​	7​	$12,611​	$1,802​	$561​
Dictionary (Spanish)​	1​	$104​	$104​	$104​
Keyword (x2)​	208​	$88,371​	$425​	$221​
Keyword (x3)​	65​	$19,094​	$294​	$194​
Keyword (x4)​	8​	$1,922​	$240​	$192​
Geo Domains​	0​	$0​	$0​	$0​
Geo + Keyword​	18​	$7,056​	$392​	$255​
Surnames​	0​	$0​	$0​	$0​
Given Names​	1​	$369​	$369​	$369​
Domain Hacks​	0​	$0​	$0​	$0​
Crypto Domains​	4​	$1,526​	$382​	$333​
Cannabis Domains​	9​	$9,475​	$1,053​	$192​

For a complete list of the day's sales visit:
https://namebio.com/blog/daily-market-report-for-april-15th-2020

 

[Samer]

thanks for sharing, can someone explain why

Collective.space 8k?

xpj777 5k?

 

[iAdam]

Someone with Chinese market knowledge should explain what's xpj777 stands for.

 

[Lega.cy]

thanks for sharing, can someone explain why

Collective.space 8k?

Nice creative and brandable domain for a community-based project. Doesn't surprise me at all.

 

[Samer]

Nice creative and brandable domain for a community-based project. Doesn't surprise me at all.

disagree i didnt even know there is a “.space”

 

[NickB]

thanks for sharing, can someone explain why

Collective.space 8k?

xpj777 5k?

Co working, shared office space etc was the first thing that came to my mind...think Wework....let's wait and see what happens with it

 

[Lega.cy]

disagree i didnt even know there is a “.space”

Let's try to unpick this one then, shall we.

1) What is a Collective Space

Collective Spaces, are spaces not restricted to single individual use only (including individual persons or individual groups), but that accommodate or support broader users both in number and in type and variety. They are shared or co-inhabited by larger amounts of social entities, both human and nonhuman actants: people, domains, objects and concerns of different nature. (Ref)

As examples these could be local parks where people get together to exercise or collaborative spaces where people work together.

In other words, collective space is where people come together to engage in an activity.

These could be both in a physical sense (Incubators/Accelerators hubs, WeWork & Meetup.com), but also in a virtual sense (like online chatrooms, online groups and forums)

2) Current environment

In the current environment, where the social activities are heavily limited, with social distancing in place in most countries, this means that the "real world" collective spaces are currently not an option for people to join and engage.

With many people struggling with social isolation and loneliness, there's been a rise in "virtual" based offerings to bring people together (Like DN Academy and weekly Friday Zoom calls, or other activity/shared interest themed online catchups)

3) So what? Why has Collective.Space sold, and what it could be used for?

Well, reading the above, there are number of possible use cases.

a) an acquisition by a company currently using Collective Space in their name.(quite a few of them)
b) a new upcoming company which is either going to create a collective space proposition in the physical or virtual environment
c) an architecture firm specialising in urban architecture and landscape design

The name speaks for itself, for what it delivers, and in most cases it won't need any explanation.

In a situation where most of the world is currently online, bored af, the creative domain will help the brand stand out.

As far as I'm concerned, if this was purchases by an end user, at $8,000 it was a steal.

Just my 2c (I could be completely wrong), but hope it provided some clarity.

Al

 

[NickB]

Let's try to unpick this one then, shall we.

1) What is a Collective Space

Collective Spaces, are spaces not restricted to single individual use only (including individual persons or individual groups), but that accommodate or support broader users both in number and in type and variety. They are shared or co-inhabited by larger amounts of social entities, both human and nonhuman actants: people, domains, objects and concerns of different nature. (Ref)

As examples these could be local parks where people get together to exercise or collaborative spaces where people work together.

In other words, collective space is where people come together to engage in an activity.

These could be both in a physical sense (Incubators/Accelerators hubs, WeWork & Meetup.com), but also in a virtual sense (like online chatrooms, online groups and forums)

2) Current environment

In the current environment, where the social activities are heavily limited, with social distancing in place in most countries, this means that the "real world" collective spaces are currently not an option for people to join and engage.

With many people struggling with social isolation and loneliness, there's been a rise in "virtual" based offerings to bring people together (Like DN Academy and weekly Friday Zoom calls, or other activity/shared interest themed online catchups)

3) So what? Why has Collective.Space sold, and what it could be used for?

Well, reading the above, there are number of possible use cases.

a) an acquisition by a company currently using Collective Space in their name.
b) a new upcoming company which is either going to create a collective space proposition in the physical or virtual environment
c) an architecture firm specialising in urban architecture and landscape design

The name speaks for itself, for what it delivers, and in most cases it won't need any explanation.

In a situation where most of the world is currently online, bored af, the creative domain will help the brand stand out.

As far as I'm concerned, if this was purchases by an end user, at $8,000 it was a steal.

Just my 2c (I could be completely wrong), but hope it provided some clarity.

Al

The VR / Virtual angle is a good one....

 

[Sumeeth]

Seems there are few end users for collective space and so it might be important name for any one of them..

 

[Bob Hawkes]

I've been working on trying to figure out the end user. I think I know, but not sure enough to say. While the possible uses mentioned above are totally reasonable and probable (e.g. the CollectiveSpace.org is indeed in use as a co-sharing space service, in fact one of their spaces is not very far from me.)

While this certainly would be a great name for a co-sharing space, I don't think that is the buyer. But not ready to share more yet on that because not 100% sure of my hunch.

On Twitter @Josh R posted that someone overpaid because the name had very little liquid value. I don't disagree with the assessment about liquid value, but I think, to some degree, looking at it that way misses the point that retail sales should be looked at in terms of end user value, not liquidity value in between-domainer transactions.

First I fully agree with Josh that if I tried to sell a name like this to another domainer, odds are it would go for almost reg fee, if even that. Also, names of equivalent quality regularly drop (as he mentions later on Twitter, and again I completely agree with). There is a regular drop, and someone else picks up, cycle in most good (but not quite great) new extension names. I am nowhere near an analysis I would share, but I looked at some names in different extensions, and many have been registered and dropped many times, but are 98% of the time registered to someone. In a way, this is simply domain investors being logical, a name might be worth the holding probability when it costs $2 for year one, but not at $26 for year two (general numbers, exact ones vary with TLD of course).

But I think the case can also be made to look at the value that the name has to an end user. This particular name can be elegant, and while not a huge search volume, at 41k it is not trivial. Just as a .com brings stature to a big business venture, having a direct match of a name around the expression that you plan to brand with can be very powerful. You can on social media say things like "we are your collective.space for....." and the period on Twitter makes it clickable to your site, and yet at the same time completely natural wording.

How much is that worth? The amount that the distinction of owning the most elegant form of collective space, the shortest one, should not be under-estimated. I think that phrases that suit social media have a bonus, compared to say phrases that are fit to B2B uses. I see collective space as fitting that.

Because we can speculate on many different use classes because the phrase collective space can mean many things, that also helps somewhat with end user valuation, since potential competition. The name CollectiveSpace is reg in 9 TLDs, so that is a starting point, but there are many more possibilities. Of course for domainers the problem is that many of the best phrases are held by the registries as premiums, or are clawed back to become premiums when they drop. To the end user, that is not really a consideration, in fact they may well feel more confident buying from the registry representative, but to domainers trying to make money it is often frustrating to compete with registries.

So there is somewhat a mismatch between names ranked by liquidity in the sense of domainer to domainer purchases, and end user value and competition, in my opinion. This name is definitely an example of that.

Was I surprised it sold for $8k? Yes, somewhat. But I think the value can be readily justified.

Bob

 

[branding]

Co working, shared office space etc was the first thing that came to my mind...think Wework....let's wait and see what happens with it

This ^ . It's a hot niche. Obviously not at the moment but these kind of offices are booming business. $8K for the right domain is nothing.

That being said, I think $8K would also leave room for decent .com alternatives.

 

[Josh R]

This ^ . It's a hot niche. Obviously not at the moment but these kind of offices are booming business. $8K for the right domain is nothing.

That being said, I think $8K would also leave room for decent .com alternatives.

I might prefer a brandable like CollectiveSpot.com for reg fee if I was building out a company...

Obviously CollectiveSpace.com would be best in this scenario.

Collective.Space was registered 16 days ago by the way...

 

[branding]

I might prefer a brandable like CollectiveSpot.com for reg fee if I was building out a company...

Obviously CollectiveSpace.com would be best in this scenario.

Collective.Space was registered 16 days ago by the way...

Yeah, brandable would be even better I think, taking into account the younger generation these kind of places are targeting.

Collectivespot is a nice one .

 

[Josh R]

I've been working on trying to figure out the end user. I think I know, but not sure enough to say. While the possible uses mentioned above are totally reasonable and probable (e.g. the CollectiveSpace.org is indeed in use as a co-sharing space service, in fact one of their spaces is not very far from me.)

While this certainly would be a great name for a co-sharing space, I don't think that is the buyer. But not ready to share more yet on that because not 100% sure of my hunch.

On Twitter @Josh R posted that someone overpaid because the name had very little liquid value. I don't disagree with the assessment about liquid value, but I think, to some degree, looking at it that way misses the point that retail sales should be looked at in terms of end user value, not liquidity value in between-domainer transactions.

First I fully agree with Josh that if I tried to sell a name like this to another domainer, odds are it would go for almost reg fee, if even that. Also, names of equivalent quality regularly drop (as he mentions later on Twitter, and again I completely agree with). There is a regular drop, and someone else picks up, cycle in most good (but not quite great) new extension names. I am nowhere near an analysis I would share, but I looked at some names in different extensions, and many have been registered and dropped many times, but are 98% of the time registered to someone. In a way, this is simply domain investors being logical, a name might be worth the holding probability when it costs $2 for year one, but not at $26 for year two (general numbers, exact ones vary with TLD of course).

But I think the case can also be made to look at the value that the name has to an end user. This particular name can be elegant, and while not a huge search volume, at 41k it is not trivial. Just as a .com brings stature to a big business venture, having a direct match of a name around the expression that you plan to brand with can be very powerful. You can on social media say things like "we are your collective.space for....." and the period on Twitter makes it clickable to your site, and yet at the same time completely natural wording.

How much is that worth? The amount that the distinction of owning the most elegant form of collective space, the shortest one, should not be under-estimated. I think that phrases that suit social media have a bonus, compared to say phrases that are fit to B2B uses. I see collective space as fitting that.

Because we can speculate on many different use classes because the phrase collective space can mean many things, that also helps somewhat with end user valuation, since potential competition. The name CollectiveSpace is reg in 9 TLDs, so that is a starting point, but there are many more possibilities. Of course for domainers the problem is that many of the best phrases are held by the registries as premiums, or are clawed back to become premiums when they drop. To the end user, that is not really a consideration, in fact they may well feel more confident buying from the registry representative, but to domainers trying to make money it is often frustrating to compete with registries.

So there is somewhat a mismatch between names ranked by liquidity in the sense of domainer to domainer purchases, and end user value and competition, in my opinion. This name is definitely an example of that.

Was I surprised it sold for $8k? Yes, somewhat. But I think the value can be readily justified.

Bob

Bob - I see about 20 searches per month in the U.S for the term "Collective Space". That's practically nothing. (SearchVolume.io)

 

[Samer]

Yeah, brandable would be even better I think, taking into account the younger generation these kind of places are targeting.

Collectivespot is a nice one .

Nobody’s saying it’s not nice.

But is it “$8,000 nice”?

More peculiar it was registered 16 days ago. Nice find, @Josh R

 

[Bob Hawkes]

FWIW I looked at all sales in NameBio including the word collective. There were 143 sales with average price of just over $1400. This was the third highest, after a couple of 5-figure .com sale of single words collectively and collectives. Collective .tv, arguably a somewhat similar value name, went for $6500, a similar value. Here is complete list if interested.

Bob

BTW the recent registration means that almost certainly this is a registry sale, even though the transaction done through Sedo. That was the first thing I checked when I saw the sale on NameBio last night.

PS Thanks for search data Josh. I was simply giving the 41k that NameBio report as the exact global monthly search. Did not independently look it up anywhere else.

PPS For example if you use NameBio to look at the 6 .com on the top 10 for the same day, they all have either 0 or far less exact global monthly search. Which just proves people buy domains for lots of uses, and often search is immaterial.

 

[Samer]

FWIW I looked at all sales in NameBio including the word collective. There were 143 sales with average price of just over $1400. This was the third highest, after a couple of 5-figure .com sale of single words collectively and collectives. Collective .tv, arguably a somewhat similar value name, went for $6500, a similar value. Here is complete list if interested.
Bob

.tv has more value.

A few .tv come to mind, despite my .com love...

 

[Sumeeth]

Just had a little research and I think below company might have upgraded their domain.. Price doesn't matter when particular domain matches their brand..

 

[branding]

Nobody’s saying it’s not nice.

But is it “$8,000 nice”?

More peculiar it was registered 16 days ago. Nice find, @Josh R

Yeah, that baffles me. I was researching co-working related domains little less than a year ago, specifically .space names. Anything decent gone or premium. Must have missed this one

 

[Bob Hawkes]

Yeah, that baffles me. I was researching co-working related domains little less than a year ago, specifically .space names. Anything decent gone or premium. Must have missed this one

I too have been searching and searching in .space in the niche for last year because I think cosharing (along with the space industry and creative spaces) is the most obvious use of the extension.

I don't think we missed it and someone just found it. I think it was registry held. In a strange way I hope so, because if I discovered it was sitting there for reg fee and I missed it after searching dozens and dozens of cosharing space names, and someone immediately sold it for $8k, I would kick myself.

Bob

 

[branding]

I too have been searching and searching in .space in the niche for last year because I think cosharing (along with the space industry and creative spaces) is the most obvious use of the extension.

I don't think we missed it and someone just found it. I think it was registry held. In a strange way I hope so, because if I discovered it was sitting there for reg fee and I missed it after searching dozens and dozens of cosharing space names, and someone immediately sold it for $8k, I would kick myself.

Bob

I think you might be right that it could have been one held back by the registry. I dunno, I checked and it isn't listed as a registry premium. Not sure it would show as a premium when it comes with standard renewal after initial premium purchase price.

But yeah, I'm gonna kick myself just as hard if I actually let this one slip through .

 

[Bob Hawkes]

Great detective work @Sumeeth It appears my hunch was wrong, so good I did not share it. As I read their FB posts, it looks like they are a workplace consulting group. So they clearly seem to have changed their web address to this, even though they don't seem to have even redirection yet working. Would have done that first, myself!

Not sure if people checked out where CollectiveSpace.com takes you. Interesting.

Looks like the cosharing people will continue on their .org.

Bob

 

[Bob Hawkes]

I checked and it isn't listed as a registry premium.

It is strange MrDomain do list it as premium, but the renewal seems standard, which may not be right, I think.

For example, I also looked at curated.space, not as good a name in my mind, and it is listed as premium with $2.5k purchase plus the same $2.5k per year. All these are wholesale premium prices I am quoting BTW.

Still available artistic.space is also premium in both register and renew at $5k per year.

The $8k price is slightly strange, as it does not seem to exactly fit the pattern of premium pricing, but maybe something was negotiated like it started at $10k. Or maybe it was $7.5k wholesale, which would fit their structure, translating to $8k to user via the marketplace.

If ranking, I would have thought artistic is at least as good though, in my mind.

Bob

 

[NickB]

so someone maybe did some outbound?

 

[branding]

I just came to realise... The name was registered on April fool's... The plot thickens