7th April 2009
Why domain names are a savvy investment
Domain name news brought to you by DescriptiveDomainNames.com
As other areas of the economy falter in the recession, investing in a domain name could be a wise move at present, according to DomainInformer.
It highlights that though many sectors are experiencing the negative effects of the recession at present, the "domain industry is showing an enviable growth, especially when it comes to selling top generic domain names".
The site highlights the recent sale of Toys.com, which ranks among the highest-priced premium domain name ever sold, as a particular example.
Additionally, it illustrates, a host of other generic domain names have been sold for impressive sums so far this year, including Auction.com (US$1.9 million), Results.com ($500,000) and BabyShop.com ($85,000).
In terms of the future, the site predicts that, as more businesses are wising up to the "value and benefits of owning premium internet properties", the coming years will bring "a surge of buying, selling and developing domain names".
For those considering investing in a premium domain name, such as Aftershave.com or MergerAcquisitions.com, DomainInformer assures them that the initial investment is well worth it, as its value will "certain" to grow considerably over time.
See also: Latest News,
Buying/Selling News, News Archive and Resources
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