Epik Escrow

Plants.com sold for $450,000 !

Labeled as sales in Domain Industry News started by Saeid Nejati, Dec 11, 2018.

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  1. Saeid Nejati

    Saeid Nejati NamesInvestor.com VIP

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    Another amazing sale announced at sedo recently that this plural dictionary word has been sold for $450k.

    Congratulations to buyer and seller.
     
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  2. EJS

    EJS DomainInvesting.com DomainInvesting.com PRO ICA Member VIP ★★★★★★★★★★

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  3. Kingslayer

    Kingslayer Top Member VIP

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  4. ecomslice

    ecomslice Established Member

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  5. creataweb

    creataweb Some Guy with Awesome Senior High School Photo VIP ★★★★★★★★★★

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  6. ecomslice

    ecomslice Established Member

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    Hope to see it developed as one, would be epic buy me some Plant Vape
     
  7. Saeid Nejati

    Saeid Nejati NamesInvestor.com VIP

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  8. ecomslice

    ecomslice Established Member

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    420,000 would of been a nicer round number
    # Plant products, o wait is this twitter ?
     
  9. Kingslayer

    Kingslayer Top Member VIP

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    There's been some good plural domain sales this year. Coins dot com 7 figures, now Plants dot com nearly half of million.

    During my 3 years domain investing, I've seen people invest huge amounts of money into CHIP's/Crypto/Cannabis/Self-Driving cars/VR (I'm heavly invested in virtual tech) etc. But i think sales like this and other recent reported sales in the last 2 weeks like Art/Chicago/Meet/Translate show that single word .com's are the best investments anyone can make as far as domains is concerned.

    Obviously single words are hard to buy as investments now unless your willing to invest a huge amount of money yourself, but it's what I'm targeting.
     
    Last edited: Dec 11, 2018
  10. tomcarl

    tomcarl Top Member VIP

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    I think the true value of the name is much more, but ....450K isn't chump change.
     
  11. vinothayyavu

    vinothayyavu Established Member

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    Great sale. Congrats to the seller.
     
  12. Leafurl

    Leafurl Established Member

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    There's little money in plants, no one is selling violets over the internet. 450k is alot of money.

    It's almost impossible to ship plants via post as well. People try, but variables in weather and packing costs reduce quality and profitability.

    There is a niche market in succulents; that are easier shipped ; but 450k worth, doubtful.

    The only branded plants on a large scale, currently in the marketplace are Proven Winners. These are distributed via trucks too ones local garden center.

    Best guess this is a Cannabis play; by 1 -800 Flowers or a long range play on Cannabis plants selling via post. Or some portal for Cannabis. Ultimately starter seedlings may be legally sold, already are in Maine. Unlimited seedlings allowed and 6 plants in flower home grow and 12 vegatative. Thats a small farm in ones garage. People would happily pay $20 for a 4 inch weed. For reference a violet or kalanchoe ( or most 4 inch plants) retail at best for $3.99. Most have 16 or more weeks bench time. Cannabis a nice plant 4 weeks, or less. Grows like a weed.

    It's a fascinating new world in Cannabis; all sorts of plays going on
     
    Last edited: Dec 13, 2018
  13. ~ The 34 Year Buzz!!

    ~ The 34 Year Buzz!! Top Member VIP ★★★★★★★★★★

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    +420
    Plants w/ Big Buds. :)

    [​IMG]
     
    Last edited: Dec 13, 2018
  14. Deepak Bhandari

    Deepak Bhandari Established Member

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    That's a super sale. Thanks for sharing..
     
  15. wesley sweatman

    wesley sweatman durfer Gold Account VIP

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    excellent sale, congrats! Great domain buyer. Congrats! Price is unbelievable, I would turn around and double my income instead of a project with it.
     

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