Escrow.com
released some pretty startling
sales numbers today when the company
reported the total value of Escrow.com's
historical sales has passed the $1.5 BILLION
mark. While it took almost 11 years to reach $1
Billion, Escrow.com needed less than a year
and half to reach the latest landmark and
President/General Manager Brandon Abbey said
they expect to hit $2 BILLION by the end
of this year. Sales
of domains and websites have played
a starring role in Escrow.com's
remarkable growth story. Director or
Business Development Andee Hill told
me more than 50% of the company's
sales have been produced by |
Increasing
sales image from Bigstock |
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domains
and websites. Pretty remarkable when you
consider that The company is the
recommended transaction settlement service
for companies like Cars.com, AutoTrader
and Ebay Motors that produces tons
of high ticket sales. |
Even
so, with their supporters including Go Daddy,
Flippa.com and dozens of top domain
brokers, our industry has more than held its own
as a driving force in Escrow.com's ascent
to ever increasing heights. With
CyberSource's 2013 Online Fraud Report estimating
that consumers lost $3.5 billion due to
online fraud in 2012 (up $800 million from from
just two years earlier) it's little wonder that
so many people have turned to the pioneering
escrow services provider to ensure their
transactions are safe.
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