Tuesday, November 18, 2014

From Glee.club to Fight.club: Why one word may be worth millions on the Internet

Extract: "In its first five months, Mr. Campbell’s Club Domains LLC had revenue of US$1.8-million. In addition to selling more than 100,000 run-of-the-mill .club domain names at US$10 to US$15 per year, Mr. Campbell says cosmetics giant Mary Kay Inc. paid “tens of thousands” to acquire Beauty.club and Makeup.club. Club Domains also sold English.club for US$17,500 and Eat.club for US$20,000. This month it sold Coffee.club for US$100,000 — the highest price ever paid for a new domain".

Source: http://business.financialpost.com/2014/11/17/from-glee-club-to-fight-club-why-one-word-may-be-worth-millions-on-the-internet/.

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