Domaining

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Domaining is the business of buying, selling, developing, and monetizing Internet domain names. Domain names are the addresses of the web and come in a wide variety of extensions (.com being the most popular).

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[edit] Domainers

Domainers are the professionals who deal in domain names. Domainers buy, sell, and develop domain names in a manner similar to real estate investors. Domainers generate revenue via domain parking, web-site development, and resale of domain names. Domainers are also sometimes referred to as domain investors, web site developers, domain registrants and commercial registrants.

As of December 2006 there are an estimated 8,000 to 10,000 individuals globally who make buying and selling domain names a part of their business. USA Today reported that many Domainers prefer to remain anonymous due to the highly competitive nature of their business[1]

A report in USA Today states that known-sales of 5,851 domain names generated $29 million in 2005, compared with known-sales of 3,813 names for $15 million in 2004. [2] Like the tip of an iceberg, the number of reported sales is estimated to be 5-10% of the broader secondary domain resale market.[citation needed]

[edit] Famous Domainers

  • Yun Ye - Of Ultimate Search set the benchmark when he sold Name Development Ltd. to Marchex in November 2004 for 164 million dollars [3]
  • Michael Mann - Founder of BuyDomains sold majority interest to an investment consortium headed by Highland Capital and Summit Partners in 2005

[4]

[edit] See also

Internet Real Estate

[edit] External links