Pet.org fails to meet five-figure asking price

A Bido auction for the domain name Pet.org ended with the domain being unsold.

The top bid of $2,381 did not surpass the reserve price of $65,000.

The seller describes Pet.org as a “category killer” domain but in all reality, sixty-five grand is more than one needs to open a pet store affiliated with large industry retail chains.

When selling a domain name, domainers are advised to do extensive market research and target their audience accordingly.

Pet.org could potentially do well at a public auction that would involve end-users instead of domain investors.

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Comments

4 Responses to “Pet.org fails to meet five-figure asking price”
  1. dcmike77 says:

    A domain like this is going to take a dramatic price cut if .pet or .pets gets approved.

    The owner needs to rethink his price.

  2. Lucius "Gunz" Fabrice says:

    dcmike77 – Great point. It’s one of these cases that a gTLD actually makes sense.

  3. Howard stein says:

    .org is shirt !!!!!!!!!!!

  4. It is not a bad name.. but 65K is too much.

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