Domain
brokerage and consultancy
GGRG.com
has released their latest free
quarterly report (.pdf
file) breaking down aftermarket
sales and development of "liquid
domain names" in the 3rd
quarter of 2018. GGRG defines
liquid domains as being very
short .com domains consisting
of all letters (L) or all numbers
(N), as well as 3-character (C)
.coms that have a combination of
letters and numbers. GGRG terms
these categories "liquid"
domains because they are relatively
easy to sell at prevailing market
rates.
There
was a lot of good news in the latest
report, showing a strong rebound
in this category's sales
levels compared to the previous
quarter. GGRG reported "In Q3 the
total volume of disclosed sales
almost doubled from $5.4
million to $9.2 million. We also registered a 50% increase in the volume of
Escrow.com sales, which jumped from
$12 million to $16.7
million. According to
Escrow.com, the most traded category were the
3-letter .com domains, with $11.4
million in sales, followed by the
4-letter .coms ($3.2 million) and the
3-number .coms ($1.1 million).
According to ShortNames.com, the disclosed volumes for these categories showed a similar pattern with
$5.2 million for 3Ls, $1.7
million for the 4Ls and almost $1
million in 5Ns."
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GGRG
Founder Giuseppe Graziano
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However,
the reported also included some bad
news, noting "The positive numbers in terms of volume are in stark contrast with the
continued decline across the board in
5th percentile values (a
representation of a reasonable
category price floor) which recorded the worst quarter since the inception of our report.
5-number and 3-character .coms lost
38%, 4Ls lost 28%. The only stable category were the 3Ls, which registered a modest loss of
2.8%.
You
can review the complete report,
including GGRG's liquid market
market forecast, here.
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(Posted
November 13, 2018) |
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