Labeled as domain in Domain Appraisal started by zorag, May 10, 2019.
Could I have an appraisal please.
Low to mid xxx not a bad word it just doesn't describe much. LLLL.net are still dirt cheap.
That's unbelievable.. I paid $10k for it 10 years ago and you're saying it's worth almost nothing?
Only here to speculate but yes would think it won't sell again for that in near future. Certainly ask what you like.
10 years ago was certainly a bit of a different market for domains, certainly for .net... $10K might have looked like a good deal back then but today that's an end-user price at best for this type of name in .net. I would be surprised to see this fetch more than $2-3K at auction on a reseller market.
I'm gobsmacked! You refering to reseller market like GD?
Yes, GoDaddy auctions or Namejet or Sedo auctions. Look at Namebio to get a sense of what .net names have been selling for.
Nice domain btw
Can you provide some background? Why you paid that amount? You were expecting mid xxxxx to low xxx,xxx for it? Or did you have a development idea?
10 years ago, .net was almost the only alternative to .com for a business, as .org was considered as strictly non-profit and others were highly specialized as well. So .net could fetch 1/5 to 1/10 of .com price, now it is more like 1/20 to 1/50 for a good word/acronym.
Good name one word name
I'm a developer "now retired", at the time the .com was well out of reach but it was more attractive being a .net "Producer Network". I did have plans which never transpired so kept it. I still can't believe it's only worth a fraction of what it should be for a one word premium name? Doesn't make sense.
You guys must realise this word describes high end professional industries whether it be TV/film, music or the foods/produce industry. I would be ok to let it go at half what I paid at this point.. although reluctantly. I think there's a bit more to this domain than you guys give credit TBH.. it's a special name.
Film producers aren't out buying domain names. A farming company will think twice about naming a product/business/publication "producer" because of the developed .com. Honestly, your best bet may be the hemp/cannabis industries, that's a growing market looking for names and with the pockets to pay what you're hoping to get.
ProducerNetwork.com is available for $4K right now, most would rather have that than producer.net for that price. Producer.network is available to register at <40/year. I hope you make your money back, but I wouldn't hold my breath...
It all matches well. You were going to be the end user and paid the end user price of the market at the time. End user prices since then for .net have gone down by 2-5 times. And finding an end user is 1/100 chance in any given year for a good name. Hence, your chance of selling the name in $2k to $5K region are around 1% in any given year and probably around 0.5% if you are trying to get closer to $10K.
I don't really know the niche so won't suggest a price, but I did have a look at NameBio.
Here are .net sales in last two years on NameBio (keep in mind that Afternic, most private, Undeveloped, etc. not in database). It seems to me like a lot of variability.
juice.net sold for $40k
homes.net for $30k
wormholes.net for $28.6k (astrophysicist or science fiction fan with deep pockets?)
algorithms.net for $16k
baseball.net for $15.1k (clearly special case for that across dot)
reward.net for $10k
architects.net for $10k (arguably a close comparator)
league.net for $10k
butterfly.net for $9.7k (another across dot beauty)
invariant.net for $9.0k
circus.net for $7.65k (again nice combo with net)
castles.net for $7.5k
cocktails.net for $6.9k
proxies.net for $6.8k
resort.net for $6.0k
rewards.net for $5.6k
interview.net for $5.0k
hypersonic.net for $5.0k
cotton.net for $4.89k
leader.net for $4.74k
mammoth.net for $4.40k
coverage.net for $4.20k
biologic.net for $4.0k
factory.net for $3.90k
payroll.net for $3.74k
hobby.net for $3.40k
gravity.net for $3.22k
PerformanceGroup.net for $3.088k (this strikes me as much less valuable than your name)
neuro.net $3.00k (obviously tied to imptc of neural networks)
prospects.net $2.90k (possibly a comparator to some degree)
(plus many at lower prices)
I did not include any of the obviously specialized, short acronyms, multiple words, non-English words, etc. Hopefully this is of some help to you as you decide on a price. It does have the advantage that the word producer has many meanings music, podcast, documentary, motion picture, live theatre, educational materials, etc. If I look at the last two years (any extension) the sales including producer have often been in agricultural or product producer (and that is how the .com is in use), somewhat surprisingly.
Best wishes for it.
Thank you Bob.. info very appreciated.
Looking at what's there in the list I'm probably correct in the $5k region. I know we're well past the .com boom but you would have thought availability would only strengthen the price.. wish full thoughts And maybe I'm expecting little too much here at NamePros, a few dealers were very quick to PM me for a sale. As "Wesley" says above the best route is hobbyist/end user but TBH I would take a lower price including any commission assistance.
NameTree, your suggestion of the hemp/cannabis industry is interesting, I'm not sure where I would start to look for a buyer there. I've gone ahead and listed at GoDaddy Auctions this evening. I don't have an account with NameBio or NameJet but I think I'll gather some contact emails in the hemp/cannabis scene and see how that goes, maybe also Twitter and Reddit.
Thanks guys for your info and insight.. IMO it's certainly become a buyers market over the years.
Just to add.. I don't see the domain being sold to a specific company, but I do see it as a hub for many which IMO is more of a revenue generator.
You would describe them "hemp/cannabis producers".. I don't currently see a significat news site, growers portal, producer forums or listings. That's interesting.. possible gold mine!
Have you considered you, or someone, using third level with it to have several sites in parallel. i.e. set up a subdomain called hemp (or canna), another for podcast, etc.
I know not a lot do this, but really you can turn the too general argument into an advantage, and the three word domains (to me) look nice.
Just an idea.
(ps a niche which is strong and growing is the crowd sharing model to bring products to launch. This could be viewed as a kind of production, and I would at least consider that, since the net ties in perfectly with crowd sharing)
Hubs like you're describing are expensive and time-consuming buildouts, the odds that someone else will want to invest in that idea and want producer.net as the specific name to do it with are tiny. You were that person. You spend 10k on it because you saw that potential, but it's going to be difficult selling someone else on that specific potential.
The businesses that build on .net do so because they don't want to spend money on a domain. And in 2019, .co has much more cultural recognition/capital than .net.
I'm struggling to think of a single memorable business I've encountered in the past couple of years on a .net.
Sure, a forum for hemp/canna producers might be a gold mine, but unless you build it out, you have to find a specific person with that idea and capital to convince that producer.net is the name - and if you do, know they have so many more obvious options to name that forum.
Unless you want to build it out, I would also consider, if you haven't received many (or any) offers over the years near what you're hoping to get, how much time is it worth to invest in pushing this name?
I presume not in the research community or you would know ResearchGate.net (very popular among researchers, academics, etc. I think it is a top 100 site or near it, overall) If you were in Asia you would definitely know of social media network pixnet.net which is huge. I do from time to time use SpeedTest to check network speed - on a .net and again I think top 100 site. Within the domain community registrar Gandi is on a .net. But I agree that most are not on .net (but I would argue they are not on .co either!).
If I was trying to sell it I would see who operates on a two word name including producer and those that are some sort of network might view move to a single word net as an upgrade. Or as suggested a new type of producer like hemp related.
ps Edit: Please anyone don't interpret my above as unduly promoting .net. I see resale prices down and registrations/real use shrinking slowly. That being said it still is an important TLD where good words can sell for 4 or 5 figures. Personally I only have a couple of .net among a portfolio of about 275. As in most things domains, I am an armchair analyst rather than an active participant.
Thanks Bob.. off the bat I can see:
Videos initially aggregated from YT, the podcast "radio" and news area the heart of the project with ongoing work for researchers/presenters. Yes interesting.. it's whether I want to start another project at this point. But.. the time is most certainly correct as it's so new and everyone's an early bird right now as far as the net's concerned.
I know a little about cannabis "I'm a musician" but I don't know about the current cannabis & hemp industry.. nothing that can't be remedied with networking and some submersion.
I would be open to more discussion if anyone's interested from that field.
Right now I'll continue with enquiries..
your appraisal is misleading appraisal ...
i can buy this name in low xxxx as reseller right now..
can you show me one decent word in .NET in low xxx to mid xxx???
My appraisal for this name is
Reselller : 2k-3k USD
Hobbyist : 3k-6k USD
Retail. : 10k-15k USD
Where can you buy it ?
Separate names with a comma.