According to an announcement by domainer entrepreneur Mike Mann – author of the motivational book “Make millions and make change“ – his first sale of a premium dot co domain is a reality.
This has to be a record sale in terms of timing; after all, the .CO Registry opened its gates only a week ago to the general public.
Since then, hordes of domainers have registered almost 330,000 .co domain names.
Mike Mann’s announcement came over twitter, where the hyperactive entrepreneur took a break from his continuous reference to his estrange wife’s antics and announced:
“My first premium .co sale “Flying.co” $3500″
Mike Mann announces his sale of Flying.co
It looks like a nice chunky sale for the guy who also owns Men.co, Women.co and Weddings.co – Apparently, Mike decided to skip on Divorces.co for the time being, until his legal team decides on the next move. 😀
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Sorry, I prefer flying dot com.
wake up people, you think some companies going to buy dot co.
Oh wait, I am heading to domaingang.co- it is a porn roulette site
The point is, the domain was sold 😀
It’s a good sale for Mike. However it’s a very low price for one of the best premium terms and, unfortunately, is going to encourage domainers to register *far* worse terms expecting the same kind of payoff. A win for the registrars of course but an indicator that normal and poor terms are going to be pretty worthless in this extension.
Hi Rob – I tend to view it this way: a sale does not predetermine all future sales. There will be bigger, there will be smaller ones in the .co namespace, just like with every TLD.
I think that MM overly invested and at this time it’s good to get a nice ROI back. Can’t wait for the 6 figure sales!
Ummm… Lucius….
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Lazy Domainer – See that 100% sign? Here’s the scoop:
http://domaingang.com/editorial/100-true-story/
Ahh… duly noted. Thanks for setting me straight on that. I’m obviously just living up to my screen name.
However, it’s too bad that the owner of a 100% parody/humor site felt it necessary to suddenly change its original approach. Next thing you know, The Onion will be publishing “100% real” stories as well.
I have to agree with RobM. This sale helps to, at minimum, set a market. The resale action across the numerous reseller sites is minimal at best in terms of both volume and pricing.
Lazy – Nothing has changed. It was always like that from the beginning. I’m simply making it more obvious for those that want to know in advance about an article’s elements 🙂
Mark – It’s a start, however one needs to remember that the market is only one week old.
I put in for a few I got municipal.co hopefully as county right.
That is the only .co domain I own so will see.
Thanks
Hello, I’m new to the whole domaining industry and was looking for a little advice please?
I purchased a number of .CO domains mainly to use myself, but did secure a few with the direct intention of selling them. When would be the best time to sell them undeveloped? Now or wait for a little time?
Cheers, Darren.
Darren – Welcome to domaining. The best time to sell any undeveloped domain is yesterday; one less day that you carry that weight with you! 😀
Kidding aside, the best time is when you locate the buyer that would generate a worthy return on your investment. Quick flipping is possible, long-term holding is smart, development is wise.
Yes .CO names is the best alternative for dot coms taken domain .
its big revolution .co going to be big competitor to .com coming future anyway ultimately i grabbed couple of unique .co domains cookery.co, submit.co, oceani.co & preg.co ( short form of pregnant.co & pregnancy.co are reserved names ) which i am planning to sell it for 6 figure