domain FTL.com

[Bob Nunya]

Hi,

An international freight company I work with on some marketing projects has asked me to research the value of this domain. I am just getting started on this project and from what I understand, three letter dot coms are an expensive proposition. They are not averse to paying (what I consider to be) a premium for it.

Any ideas?

 

[bmugford]

Am I the only one thinking this is easily 100k+?

3 letter .COM sell for 6 figures quite frequently, but that is when the right buyer comes along often after 20 years.

It is possible, but "easily" is probably a stretch.

Brad

 

[Recons.Com]

I think 'Cern' would disagree

"The special theory of relativity implies that only particles with zero rest mass may travel at the speed of light. Tachyons, particles whose speed exceeds that of light, have been hypothesized but the existence of such particles would violate causality and the consensus of physicists is that such particles cannot exist." )

 

[Keith]

$40k is low end and $100k is high end.

 

[mdent]

Am I the only one thinking this is easily 100k+?

 

[Ollie3000]

'Faster Than Light' it's a game too!

 

[Recons.Com]

Yeah, once FTL drives become a thing, ftl.com will be worth millions

 

[Recons.Com]

Exactly!

Of course, there is a minor problem that by the current theory nothing is faster than light

 

[BaileyUK]

Love the 'faster-than-light' play perhaps we should open a lay-physicists thread.
Totally agree with Keith, fairly quick sale at 40k. Certainly buyers out there at around 100k with a bit of time and effort .Very nice letters

the 'L' can easily refer to the word 'Limited' for a Western Company which gives you the even better FT to play as a company acronym

 

[imadoer]

It really depends how fast you want to sell it. low-mid xxxxx for a quick sale high xxxxx to low xxxxxx if you hang tight and wait but theres no telling how long that will take.

 

[ecalc]

Please share some insight as to why the unnamed freight company would encourage you to publish the exact domain name and amount bid before closing the deal. It's an odd negotiation strategy that could be interpreted as thinly veiled self promotion by the domain registrant. Thanks!

 

[Clay]

Hah. Bob is not Clay! eClec, you are one shrewd and cynical man! Bob actually mentioned you by "name" in our last call (sorry Bob, I had to mention that) .

Regarding this particular domain, I am just not interested in selling for anything less than a LOT.

 

[Bob Nunya]

Hi,

An international freight company I work with on some marketing projects has asked me to research the value of this domain. I am just getting started on this project and from what I understand, three letter dot coms are an expensive proposition. They are not averse to paying (what I consider to be) a premium for it.

Any ideas?

I should add that I have already spoken with the owner and they encouraged me to publish my own research. Hence the post here (thanks Martin!)

-Bob

 

[maxtra]

Hi Bob,

It appears the .net and .tv sold for $2888 and $2310, respectively. I would present an initial offer of 10x-20x that (25-50), see what their asking price is if they dont accept, and negotiate from there.

 

[Recons.Com]

$40k is low end and $100k is high end.

That seems like a fair valuation

dtp.com 44,000 USD 2017-02-19 BQDN
ntr.com 39,000 USD 2016-09-23 NameJet
mtf.com 39,900 USD 2015-10-15 NameJet

 

[Ollie3000]

Yeah, once FTL drives become a thing, ftl.com will be worth millions

Exactly!

 

[Ollie3000]

Of course, there is a minor problem that by the current theory nothing is faster than light

I think 'Cern' would disagree

 

[Recons.Com]

Given that the potential buyer is a freight company, it does make sense for them. They might build their marketing around "faster than light", just like JJ sandwiches build theirs around speedy delivery.

 

[BaileyUK]

Indeed 'Freight' is the first word that comes to mind - but lets not forget the ultimate buyer wouldn't be the first to rename its self around a great dotcom acronym purchase whatever the Industry

 

[Bob Nunya]

Love the 'faster-than-light' play perhaps we should open a lay-physicists thread.
Totally agree with Keith, fairly quick sale at 40k. Certainly buyers out there at around 100k with a bit of time and effort .Very nice letters

the 'L' can easily refer to the word 'Limited' for a Western Company which gives you the even better FT to play as a company acronym

Full Truck Load is a very common global term for trucking and is indeed related to the company in question. They are not interested in the physics violating name

That said, the owner explained to me that space has no speed limit (yes, I asked). He said there is no reason "ftl travel" could not occur if only "negative energy" can be produced.

I now know more than I thought I ever would about the topic. At the risk of him seeing this thread (no offense intended!) he is "verbose" on the topic. I fear he would sell for a lessor price to a space ship company that to an actual SHIP company.

 

[james haw]

The thing is, it's not about what it's worth as a domain name sale in the general market, as you have to factor in many things.
It's simply about what the company you are enquiring for are wanting to pay for it and what the owner thinks it's worth. If you can marry a common ground then there is a sale, and some bartering in between of course.

If however their top budget is $10K and the owner says "around $100K" then none of the speculative valuations matter.

It's a 3L.com, and they are selling for 5 figures without much problem.

Ask the company their top budget so you know what you are bartering with, and then email the owner of the domain name with an offer (I'd say of around $3.5k, but it entirely depends on their budget too). That is not a shabby offer so they won't ignore it (or gives you chance to reply and ask "too low?", but at the same time you're not going in too high.

 

[MKA]

FTL is a quite recognizable. I don't see it selling for under 6 digits.

 

[Bob Nunya]

The thing is, it's not about what it's worth as a domain name sale in the general market, as you have to factor in many things.
It's simply about what the company you are enquiring for are wanting to pay for it and what the owner thinks it's worth. If you can marry a common ground then there is a sale, and some bartering in between of course.

If however their top budget is $10K and the owner says "around $100K" then none of the speculative valuations matter.

It's a 3L.com, and they are selling for 5 figures without much problem.

Ask the company their top budget so you know what you are bartering with, and then email the owner of the domain name with an offer (I'd say of around $3.5k, but it entirely depends on their budget too). That is not a shabby offer so they won't ignore it (or gives you chance to reply and ask "too low?", but at the same time you're not going in too high.

$3.5K? I don't think the owner will even reply to that low of an offer. It appears the low six digits range is where it will likely end up. That is a huge speculation on my part. We pitched an offer in that range a couple weeks ago. I am waiting for the owner to decide what they want to do. Unless a non-disclosure gets inked I will let you know what range it lands in.

 

[james haw]

Please share some insight as to why the unnamed freight company would encourage you to publish the exact domain name and amount bid before closing the deal. It's an odd negotiation strategy that could be interpreted as thinly veiled self promotion by the domain registrant. Thanks!

True this has potential. And, although pretty unlikely, if the domain owner sees this they'll be rubbing their hands together now...

$3.5K? I don't think the owner will even reply to that low of an offer.

Possibly you are right thinking about it, but it entirely depends on the owner. Some people reply to all, even $500 offer saying "try 5 or 6 figures". Maybe they're getting high 5 figure and a few 6 figure offers already and are ignoring (eg) $25K offers? You don't know until you begin. But yeah maybe low 5 figures is a fair starting point to at least get a reply going.
Good luck

 

[ecalc]

Hey James,

Not sure if we understood one another. Let me put it another way. Whenever I read a Pre-Purchase Appraisal thread, I assume that the OP is the domain registrant pretending to be an interested buyer. When the OP scoffs at low numbers and embraces high ones, that removes all but a shred of doubt.

We all know the mantra - every domain name is unique. If a buyer screws up he/she can’t stroll down the aisle and buy another one just like it. Poker players don’t play with their hands face up and domain buyers don’t go on public forums broadcasting their negotiations.