news Just sold WeSellMarijuana dot com for 11x

[ScalableDomains]

The following domain name was sold within 45 days resulting in 11x return.

Price purchased: $132
Sold : $1500

This name could have sold for more in my opinion. The goal was to get a 5 figure sale.

The growing industry is set to be at $28 Billion by 2020

However, I did say "no" twice resulting in a larger payout but as always the seller is assessing current cash flow of business.

 

[drsheraz]

Congratulations buddy on your sale

 

[ScalableDomains]

Congratulations buddy on your sale

Thanks.

 

[Gabriel Kawa]

congrats

 

[HUKU]

Congrats. Well it is quite long.

For me, it looks like it sold at the right price.

 

[DomainVP]

Congratulations on the sale!

 

[asset.domains]

nice and quick sale, what fellow domainers are thinking about 3 kw domains ? they are relevant ? what is the aftermarket price for a good one ?

 

[The Domain Wizard]

Congrats.... Where did you bought the domain and sold it.

 

[golan]

Nice sale, congrats! And i like the niche

 

[ScalableDomains]

Congrats.... Where did you bought the domain and sold it.

Thanks
I bought the domain name at Godaddy auction. It was listed on DomainShane.com

At first, I began to reach out to end users and had one reply back with a low offer. The first "no" . Then I listed the domain name on Flippa.com . I got a second offer and the second "no". Then a third offer came and it was a good price.

 

[ScalableDomains]

Nice sale, congrats! And i like the niche

Thanks.

 

[ScalableDomains]

Congratulations on the sale!

Thanks.

 

[ScalableDomains]

Congrats. Well it is quite long.

For me, it looks like it sold at the right price.

Thanks for taking the time.
With the industry growing to $20 Billion by 2020 , a long term strategy could have also be beneficial.

 

[ScalableDomains]

congrats

Thanks.

 

[dexilio]

Congrats!

 

[ScalableDomains]

Congrats!

Thanks

 

[MasterOfMyDomains]

Congrats, and thank you for sharing the details.

 

[ScalableDomains]

Congrats, and thank you for sharing the details.

No problem . Whatever helps

 

[HCFree1]

The following domain name was sold within 45 days resulting in 11x return.

Price purchased: $132
Sold : $1500

This name could have sold for more in my opinion. The goal was to get a 5 figure sale.

The growing industry is set to be at $28 Billion by 2020

However, I did say "no" twice resulting in a larger payout but as always the seller is assessing current cash flow of business.

Is this $28 Billion by 2020 figure for the whole industry or legalized? Just curious where you got this figure as I bought MyHy dot com in an auction about 2.5 years ago thinking this industry was the perfect fit. (Paid 1/10 of what it previously sold for at Afternic per namebio and my purchase doesn't even show up in their stats)

This was before the 4l com or Chip explosion. It was formerly used for a hydroponics site, but interestingly, I recently received my best offer from someone outside the industry. The potential buyer is a relatively successful athlete that wants it for a product brand of a start up company. Fortunately and unfortunately, we both kind of showed our cards during negotiations so I don't want to get too greedy, but I still want to get the most out of it.

 

[ScalableDomains]

HC1,
Thanks for taking the time to reply.
There are many people diving into this industry. You can either wait it out and take a long term strategy or sell it for the what you think is a good price without any regrets.

MyHydot com does not make sense to me however there my others that it does. Keep sending out emails and reaching to end users. Good luck!