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Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
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GGRG
Releases 2Q-2017 Liquid Domain Market Report
with 3-Character .Coms Now Added to the Mix
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Domain
brokerage and consultancy GGRG.com
has
released their latest free
quarterly report
(available as a .PDF file as well as
a video produced by DomainSherpa.com)
breaking down aftermarket sales and
development of "liquid domain
names." In past reports GGRG
has defined those as being very
short .com domains consisting
of all letters (L) or all
numbers (N) that are relatively
easy to sell at prevailing market
prices. With their latest report
they have included 3-character
(C) .coms as well for the first
time. Those are domains that mix
letters and numbers together like SF8.com
(LLN), 88G.com (NNL) or
alternating number/letter
combinations like G7H.com
or 9H5.com.
GGRG
reported that 3-character category accounts for
28,080 domains, roughly the same number of domains as 3Ls and 4Ns combined
(27,576). They also noted,
"3Cs were all registered years ago and have traded consistently ever since, mostly on auction platforms."
GGRG also looked at how many domains
from this category have been
developed into active websites and
reported, "the 3C category has a
13.81% development rate, the 2nd lowest in the liquid markets, but not too different than the more expensive 3Ns and 4Ns categories which present
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GGRG
Founder Giuseppe Graziano
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development
indexes in the 15% range. LL domains remain once again the most developed category at
36.39%, followed by CCs at
28.65% and 3Ls at 27.43%.
On the
sales front, GGRG said, "According to Escrow.com, 3C domains rank surprisingly as
the most traded category for the quarter with
$5.8 million USD in gross volume, which could be the result of large end user sales or portfolio transactions. For the same period,
ShortNames.com reported
over $700,000 in disclosed 3Cs sales, featuring the highest turnover per category ever reported at
2.7% (758 sales). The overall liquid market turnover is slightly up at about
0.9% (5,512 transactions) for the quarter."
Image
from Bigstock |
GGRG
added, "Even if we do not account
for 3Cs transactions, the aggregate value of disclosed transactions
grew 50%, from $8
million to over $12
million. The majority of this can be attributed to a notable
$3 million increase in 3Ls
sales, which this quarter
featured a significant number of disclosed end user
sales - most notably fly.com, sold for
$2.89 million. Escrow.com confirms this trend by reporting
$4.7 million in 3Ls transactions last quarter."
The
GGRG report also includes a Forecast
section you will want to
check out to see what they
are predicting for the year
ahead. That came with this
bit of advice - |
"the most successful investors will be the ones able to pick the right domains with
end user potential, rather than purchasing in bulk and waiting for capital appreciation."
Again you can get the
free full report (with
much more info including
graphs and charts) in text
or video formats here. |
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