domain Social.com

[BlueSkies]

I'd like to get some appraisals from the members of this forum on the name
Social.com

This is the 6 letter dictionary word.

Some history on the name:

I registered the name in 1995. In that year, I was using the name for a web site I called the Social Cafe. The Social Cafe was Cool Site of the Day on Jun 22, 1995

In October of 2006 the name was out of my possession for a couple weeks until my Registrar at the time, Namesecure, was able to recover it. It is now at Moniker and I intend to put it up for auction in early 2007.

Your kind opinoins are appreciated!

- BlueSkies

 

[MrRhee]

if the owner is still reading this thread...

Speaking from personal experience... if you're looking for a high-end buyer... you might want to take the current page down (or make some minor tweaks) until you've figured out exactly what you want to do with the domain and outline your strategy for pursuing what you want. If you're looking for a lucrative liquidity event... check your email for advice.

Either way... good luck.

 

[BlueSkies]

Would a country other than the US be a good market?

... social means the same in several languages therefor increases it's value. ...

Do countries other than the United States put the same value on having a .com extension?

If so, which countries might be the most likely to have a buyer interested in Social.com (presumably where the name social has the same meaning)?

Thanks,

- BlueSkies

 

[Mike]

Do countries other than the United States put the same value on having a .com extension?

If so, which countries might be the most likely to have a buyer interested in Social.com (presumably where the name social has the same meaning)?

Thanks,

- BlueSkies

Many countries pronounce and spell Social the same way, even if they apply variations, such as the German "Sozial", you can see the apparent similarities.
While many countries outside the U.S prefer to "run" with their country domain, .uk/.de, etc. i still believe that the universal .com has just as much validity outside the U.S.
I think you need to make a conscious decision here as to what you want to do. Sell or develop? If you consider to sell, start turning your wheels and contact EVERYONE in the social networking scene, and by everyone i mean GLOBALLY everyone. Make sure you notify the news networks, etc. They may not use the information, but it's worth a shot.
Or, start developing, there are tons of skilled designers and DB admins out there that would gladly lend you a hand for a share of the profits that are being generated. Look at the business models at hand and evaluate whether this is something you want to do.

Also, the one avenue that most frown upon, even here on NP. Renting the domain out to a social network provider. It's also something i would consider.

You have all the cards in your hand, you own the domain, a domain that will probably never lose in value, specially not since its a generic and universally understandable, dictionary, premium keyword.

Determining the value of the domain is next to impossible, of course, it's in the VERY high 6 - digit range, :imho: it's in the mid 7 digits; yet suddenly we're not talking about 20 bucks more or less, we're talking millions more or less. There is NO way to come up with an educated and true appraisal, the only entity that can tell you what it's worth is the respective buyer. Of course, this applies to all domains, but even more so in your case, since a slight variation can mean a variation in the amount of hundreds of thousands.

NPers have given you their best feedback and opinion, but there is truly only one way to go. And again, it's just :imho: i'd start developing, thus, pushing the value of the domain into the sky, it's never going to lose its base value. Domain without content...for this gem? i think not.

Best of luck

 

[DutchCook]

This is a goldmine. I hope you can find some professional partners.
In my opinion, this word represents the biggest part of the internet.

 

[PS-NP]

I agree with gjsys and others who recommend that you develop the domain into a site. The name it self will still hold its value, the content may or may not add to it, but it extremely unlikely to take anything away.

To a reseller it'd probably go for around 750k-1.5m but resellers aren't what you want obviously. Theres people out there would be desperate enough to get their hands on this name - auctioning seems a good idea in that sense, to pit the bidders up against eachother... I wouldn't be surprised if someone wanted it so badly n it went for 15-20million!! Skys the limit on this.

This has got to be the best domain you've held right? Had anything else even remotely as good? Whats it feel like to be sitting on a goldmine?? lol... well done for snapping this up and I (and im sure everyone here at NP) wish you all the best, hope you get the best deal!

 

[Play1234]

Truly an amazing name.. In my opinion it is much better than diamond.com, vodka.com, and those other generics that sold really high. I wouldnt sell it for any less then low 8 figures.. mabee the myspace crazy has slowed down.. but there is a LOT of room for more social networking presence online and it will never slow down...
Im looking forward to seeing what you sell it for..

 

[AzN]

Truely one of the best domains out there.
You should put this "will be for sale" on as many sites as you can.
The more people know, the more people will bid

As for value, I'd say it catch fetch minimum $500k.
Look for enduser if possible.
Google was trying to buy facebook for it's social network but was not completed, if possible offer to them. They should be interested. :D

Good luck with the sale!

 

[Jeffler]

I would say High XXX, XXX easily it is a great one word domain and could make one of the best chat/forum/encouragement site for teens who have lived all there life withbad lives.

Great domain.

Sarcasm please.... unless thats xxx,xxx not high $xxx, $xxx easily.

 

[BlueSkies]

This has got to be the best domain you've held right? Had anything else even remotely as good?

Nothing else I have (or have had) comes close. The next best names I own are finalize.com, talion.com, clickfree.com and clearmail.com. I also have socialcafe.com (the original site for Social.com was The Social Cafe).

Has anyone here ever tried to promote their domain with a video?

I made my first attempt at doing so yesterday:

Buy the Name. Live the Dream.

Not professional, but probably not too bad?

I dug up an old version of Flash 5 that I had in the attic to put it together. I used a couple stock videos from iStockphoto. They cost just 5 credits apiece ($12). I had a friend do the voice overs which I recorded with my MP3 player/recorder.

Whats it feel like to be sitting on a goldmine?? lol... well done for snapping this up and I (and im sure everyone here at NP) wish you all the best, hope you get the best deal!

Honestly, until I had it taken from me for those 2 weeks in October, I hadn't thought about selling it anytime soon. I have learned a lot since then, mostly from NamePros.com and DNF. I am very grateful to have access to such a large collection of informative and insightful posts. While I always thought the name was valuable, I never thought of it as a goldmine. Time will tell, and if it does sell well, hopefully it will draw more attention to the value of the domain name market to everyone's benefit.

- BlueSkies

 

[NeeJam]

I said $500k last night and im going to stick with it.

Nice to see people mentioning my idea too :p

 

[kev]

the video gave me a wee giggle...good idea!

i think it is worth around $300k

 

[Halobitt]

I'm guessing $800K.
Just a guess though.

Like the vid, cool idea, marketing social on a social networking site.

Ever thought about developing it into a site about social dance? =P

 

[OptimaDomains]

Man...I wish I was into this domain thing that long ago. That's a very nice name; especially now with all the social networking sites.

As everyone has mentioned, that domain has potential for x million. If developed, who knows...hundreds of millions.

 

[mirrorcube]

Great, great Name. Honestly this is a type of name you could build a huge revenue stream on for years to come if you got funding, put the right idea into place and made it your sole job at least for awhile. As for a sale id contact some people and try to get it on at a traffic conference. Dont sell this for less than 2 million. Good luck with whatever you do, and make sure you keep us NPers updated.

 

[PS-NP]

the video gave me a wee giggle...good idea!

i think it is worth around $300k

feedback.com - $1.23 million (Feb 2000, GD)
phone.com - $1.2 million
find.com - $1.2 million
mercury.com - $1.1 million (March 2004 - $700k cash)
Bingo.com - $1.1 million (2000)
WallStreet.com - $1.03 million (Apr 1999, NC)
Fish.com - $1 million (July 2005)
CyberWorks.com+.net - $1 million (Aug 2000, NYT)

Considering those prices for those domains, I would say 300k is a little off the mark - would be a right bargin at that though lol.

Good idea with the video BlueSkies, you should think about getting one done properly though. Get the word spread out everywhere, its only a matter of time before the serious buyers come in flocks.

I still say it'll easily go for millions... just a matter of how many.
Good luck.

 

[BlueSkies]

LinkedIn Experiences?

It's not about professionalism. It's about exposure. An appraisal thread on namepros while I admit is some exposure you're not going to have people from hundreds of webmaster boards linking to it and watching it. The objective is to get it out there. Despite what most may think you can't sell something unless you stick it in the buyers face. Besides where's this professional marketplace? lol

Certainly it makes sense to pitch directly to potential buyers.

Has anyone had any experience with using LinkedIn to make contact with large companies?

What title for a contact might be best suited to pitch the value of a domain name? VP of Business Development? Intellectual Property Department? VP of Product Development?

- BlueSkies

 

[benjamin5406]

all i have to say is lucky bastard..congratulations!!

 

[cozartistrue]

feedback.com - $1.23 million (Feb 2000, GD)
phone.com - $1.2 million
find.com - $1.2 million
mercury.com - $1.1 million (March 2004 - $700k cash)
Bingo.com - $1.1 million (2000)
WallStreet.com - $1.03 million (Apr 1999, NC)
Fish.com - $1 million (July 2005)
CyberWorks.com+.net - $1 million (Aug 2000, NYT)

Considering those prices for those domains, I would say 300k is a little off the mark - would be a right bargin at that though lol.
Good luck.

From the info you posted, this name will have a low to mid $X,XXX,XXX range. Seven digits. If i have time machine... :hehe:

 

[leusmith]

All the best for the auction.....

It might fetch you around 2 million or 3 million if you sell it in a big auction...
Go on friend...

 

[BlueSkies]

All the best for the auction.....

It might fetch you around 2 million or 3 million if you sell it in a big auction...
Go on friend...

The domain name Social.com will go on sale at Sedo starting March 21, 2007.

More details, including a link to the listing will be available at http://www.social.com on that date.

- BlueSkies