Premium two character domain OL.com sells for $900K
OL.com a two character, two letter premium domain sells for $900K US, at NamesCon in Las Vegas (as reported on NameBio).
This was an incredibly great buy! Think of just how rare this asset is ....26 letters in the alphabet times 26 is 676...there are exactly 676 two letter dot come domain names for all of planet earth...that is it...no more...no less...and this is one of those super rare assets! Three letter domain name assets are very sough after....of course two letter domain name assets are even more sought after! These assets are so incredibly rare that even the biggest organizations in the world find it extremely difficult to ever acquire one!
Easy to say, very short, super easy to spell and remember...again we see the same qualities at play that indicate premium quality.
OL.com can easily be branded and developed into any online destination....we will have to see what develops with this one...it is certainly an acronym for thousands of existing organizations...will one of them end up the end user...we shall see!
The beautiful thing is a powerful brand can become anything!
Again we see an amazing valuation a very short premium domain name asset.
Here are a few qualities of this domain name that make it valuable:
- It is super short only 2 characters
- It is super easy to say
- It is super easy to spell
- It is super easy to remember
- It is brandable into anything
- It is amazingly rare...two letters...wow!
Again we are reminded of the value attached to short premium domain name assets, and super easy to remember domains!
Yes, premium domain names immediately set your organization apart from the crowded masses online.
That is the power of a premium domain name asset!
The future belongs to those that recognize this power, and those that see these benefits! Those that understand that these premium domains will likely become the most critical, most valuable digital assets any organization will ever own!
What is my domain worth?
Premium domain name assets can be extremely valuable! We know that many may now be wondering what their domain name may be worth?
Here are a couple of online tools to play with … although they are not truly accurate valuations as each domain name asset is unique, they do give you a starting point as to what your domain name “may” be worth, a kind of “estimate” based on certain data points, historical similar asset sales records, search volume, cost per click for the term, letter character makeup / position / popularity and combinations etc… Yes this works for both dot com and dot ca domain names as well!
Who knows maybe you own a fantastic domain name asset that could be on this list someday 🙂
Domain name valuations.
Free domain name valuations.
Online domain name valuation tools you can try. Here are some of our favorite online domain name valuation tools.
- GoDaddy – Domain Name Appraisals – free valuation tool from GoDaddy
- EstiBot – try it for a free valuation estimate
- Uniregistry – setup a marketplace account, and they can do an auto appraisal for you
- Sedo – setup an account to sell your domain, and they can do an auto appraisal for you
- NameBio.com….you can search past sales stats and try to come up with a figure yourself based on similar names sold.
Premium domain name assets can literally be worth any amount really, as every single domain name is unique.
The vast majority of domain names registered are really worth no more than their registration fee, and often times not even that sorry to say (what the domain would be worth to someone else other than the current owner that is)….however it is common place now for many premium + sought after domains to sell in the range of $5K to $50K….and among those there are so called category killers, EMDs (exact match domains), some one word domains, very short domains, and brandables which can sell well over $100K! All these figures are USD by the way as the resale market tends to report in USD. The premium domain name asset sector can be an increasingly exciting space, and for some it can be very profitable as well!
Want to learn more?
How to buy, sell, or invest in this sector…
Want to learn more about premium domain name assets including dot ca, their valuations, and investing in them as an asset class….contact us…it is what we do.