domain economics.com

[scottlanes]

I registered this a loooooong time ago (when my internic handle was sl195!) to do a project with a client and never did anything with it. It is currently just parked. It has no content and no appreciable traffic.

I think it has a lot of potential as a dictionary work with significant global interest. I have had a couple brokers give significantly different estimates on value.

Any info would be greatly appreciated. Thanks in advance!

-scott

 

[Josh R]

What's the highest offer you've had via PM since posting this?

 

[HUKU]

I'm sticking to my opinion, this name will not even sell for 50K.

Well I wont say it wont sell for under $50k because it depends on the seller. Great Domain Names have sold for much less in the past and it might also be very difficult to find the right end user if you don't have knowledge about the subject area. That's why I think a broker in this case might be a smart move.

The recognisability of that word is exceptional in the financial community (finance and economics go hand in hand) and not to mention that it has OBVIOUS rarity. Its definitely six figures and could touch seven figures for an end user on Wall Street.

 

[roger821]

If I had that name and somebody offered me 75k for it, I would turn it down. It is worth at least double that. if not triple or even more.

 

[Kate]

In domaining, I have learned one thing: the first offer you receive will often be the last. This rule does not apply to premium domains like this one, however you might never get any higher offers in the future.

I repeat myself but economics is not in the same league as money or finance. Those names are worth 6 figures at least and they can be developed into strong brands. As said above, "Economics is more of an academic than business word". Banana.com is in fact worth a lot more too, because it's got huge branding potential.

I think you have two viable options here:
1. Find a broker... if you can. I anticipate that some brokers will turn you down, not because the name is bad but tough to market to the proper end users (that could be a publishing house or a think tank).
2. Put it on auction at Namejet. Set a reasonable reserve and let the market decide the fate of economics.com

 

[roger821]

I will give you 10K for it, if you are willing to accept payments, but I am sure you can get 50 to 100k without much troube, if you are willing to hold out. I could give you $250 per month. I am sure you can get a bigger offer than this though, but if you need some money to get by, then I would be willing to buy it for 10k.

 

[Recons.Com]

You'd expect a name like economics.com get decent traffic. Per Alexa though it is 9M website, meaning it probably gets 50-200 visitors a month.

I have an LLLL.org (hrfh) that gets that much without any promotion... Kate has got a point that academics are not as lucrative as business. Still great name though.

 

[roger821]

It doesn't matter the domain name, unless you have sex.com you have to advertise it. lol.

 

[Recons.Com]

Natural traffic very often is a good indicator of additional value.

For example, HRFH gets lots of natural traffic because it means Human Rights and Fair Housing, there are regional commissions for that and people assume the website has to be with dot org. I just realized it on days that I have got such a great name ) All I need to do is put an info page on HRFH, directory of regional commissions, maybe a forum...

 

[NPer]

This domain has the potential for 7 figures. If I was desperate, minimum of $500,000- IMO.

If I were the owner, I'd sit tight and wait the right offer. Why shouldn't he? He certainly shouldn't put the domain on a domain auction and let domainers rob him blind. Much like domainers say "it's a waiting game"... well, with Economics.com-I'd say there should be no hurry to sell it.

Definitely NOT a $50k domain. You cannot even get an Economics major at a high-ranking University for $50k. And now we are talking of a simple undergrad degree with one major which means nothing anyway. With $50k you aren't even graduating.

McGraw-Hill and plenty of other publishers would definitely be interested in this domain-or any top university.

This domain is definitely brandable! Economics is not a Humanities subject.

Economists earn how much a year? Quite a bit with the right background.

Upwards of mid $xxx,xxx - even $x,xxx,xxx.

 

[alcy]

nice domain name

I'd hold on to it for some more and wait for offer
unless you're saying you've spent the last 20 years waiting for offer and now are feeling the weight of the wait

sky is the limit if you find the right person who wants it. so it's pointless to predict that.. what can be comented on is what would happen if you put it on flippa or some other site auction today... start it at zero and no reserve of course.. then I'm gonna say.. ~40k final price.

 

[.NJ]

It's def a nice name....and I don't think anyone will debate that.

But I think some appraisals given here are way over the top and very unrealistic.

I mean 7 figures was mentioned more then once....

Let's take a step back and calm down here.

Has the OP received any offers over the multiple years owned?

A domain with the quality as "some" are claiming in this thread should have received many good offers over the years....

I wish the OP the best of luck and the most out of a sale.

Appraisals in general here (not just this thread) have been getting increasingly more off the charts insane.

My two cents....

 

[Recons.Com]

If the owner really is looking for offers, why would he enable private whois?

 

[NPer]

All these low appraisals, low $xx,xxx- mid $xx,xxx pfffft.

No logic backing them, only jealousy.

In reality: Upwards of mid $xxx,xxx - into $x,xxx,xxx range.

 

[alcy]

All these low appraisals, low $xx,xxx- mid $xx,xxx pfffft.

No logic backing them, only jealousy.

In reality: Upwards of mid $xxx,xxx - into $x,xxx,xxx range.

i double tripled checked and I was not jelous

 

[wcpthree]

I've been reading this thread since you posted. I think there are so many feelings or statements that you could take from this. I believe that any angle could be possible- meaning that people saying you won't get as much are right, and people saying that you will clean up and get rich are right....... Imho, and limited experience, I think that you should find an enduser. A big news company with deep pockets, and a strong pitch, and you have a winner. I agree that even though the word can be used broadly, the actual term can only be used to its potential by a magazine, big time player in news, some other type of media conglomerate, etc.. Wholesale, I think you are losing out. Retail, I think that you win big. ALSO, it's such a broad term, that you yourself could monetize it.

 

[S-B]

All these low appraisals, low $xx,xxx- mid $xx,xxx pfffft.

No logic backing them, only jealousy.

In reality: Upwards of mid $xxx,xxx - into $x,xxx,xxx range.

All I see from those saying 6-figures and up is envy.

There's a reason it still hasn't been developed or sold and it's not because it wasn't for sale.

 

[alcy]

I've been reading this thread since you posted. I think there are so many feelings or statements that you could take from this. I believe that any angle could be possible- meaning that people saying you won't get as much are right, and people saying that you will clean up and get rich are right....... Imho, and limited experience, I think that you should find an enduser. A big news company with deep pockets, and a strong pitch, and you have a winner. I agree that even though the word can be used broadly, the actual term can only be used to its potential by a magazine, big time player in news, some other type of media conglomerate, etc.. Wholesale, I think you are losing out. Retail, I think that you win big. ALSO, it's such a broad term, that you yourself could monetize it.

yes well said

a lot of opinions and realities

jelously could be factor too. but not for all.. though it does ruin many marriages.

bottom line is.. it's great name. if you look/wait for right enduser you could be milionaire with it. and if you put it up for auction, it'll be a XX XXX sale, I can already see it!

 

[NPer]

All I see from those saying 6-figures and up is envy.

If you say so.

There's a reason it still hasn't been developed or sold and it's not because it wasn't for sale.

I'm all ears.

 

[wcpthree]

yes well said

a lot of opinions and realities

jelously could be factor too. but not for all.. though it does ruin many marriages.

bottom line is.. it's great name. if you look/wait for right enduser you could be milionaire with it. and if you put it up for auction, it'll be a XX XXX sale, I can already see it!

I think that you are accurate.

 

[domain invest3r]

For me its a great name. You got crap like MakeThingsBetter selling for 25k. Economics.com, if pitched to a magazine, consultancy, newspaper etc... could fetch you loads- at least XXX, XXX in the opinion of this noob.

Get two entities interested, and you will hold power. Sit on it, relax and make some small moves here and there- see what happens.

Best of luck.