SportsPicks.com Domain Name Sold For $25,660
There are various domain name-selling companies on the Internet today. Companies such as these bring in a lot of revenue and are very successful due to the popularity of doing business online. Just as there are many different domain name-selling companies to choose from when looking into purchasing a domain name, there are thousands of domain names to pick from also. This allows businesses to choose a domain name that best fits their company and the products or services they are involved in, and it also allows them to find a domain name that fits into their budget. Some domain names can be pretty pricey, even costing from 5 to 6 figures, whereas others are only a couple hundred dollars. Though prices may cause businesses to hesitate it is definitely worth the expense since the Internet is such a convenient and popular place to do business these days.
The domain name selling company, Name Jet, recently had a great sale in a domain name auction. They sold the domain name SportsPicks.com for over $25,000. There were a total of 207 bids from 163 bidders. So obviously a lot of people were interested in this domain name. The domain name SportsPicks.com was created back in 1995, so it has been around for awhile. Apparently this domain name has to do with sports gambling and that is what it could very possibly go on to be in the future as well.
Though it is obvious from the above example that domain names can be quite pricey sometimes, depending on who they are purchased from and the URL itself, it is a wise decision for businesses of all kinds and sizes to consider moving their business online and purchasing a domain name. So many companies are doing business online nowadays and the domain name would more than likely pay for itself in the near future.