There are a variety of businesses that sell domain names to different companies and individuals seeking to move their business to the world wide web for advertisement purposes, or to keep up with the times, etc. No matter the reason, it is a wise business decision to purchase a domain name for a company since a lot of business is being done online in today’s time.

Domain Name Forum is the top domain forum for professionals. They sell a lot of domain names to various businesses and people. They recently had a big sale, the largest domain name sale through a forum. This domain name was FreeDrive.com which sold for the huge 5 figure amount of $30,000. This web site was sold to an Australian investor. FreeDrive.com is a successful web site that gets over 1 million visitors each year and comes with a Facebook app as well. The buyer is pretty much breaking even since they bought the site in 2006 for the same price of $30,000.

This was a smart sale on the buyer’s part since this domain name is not just a URL but a already functioning site that receives many visitors per year. It also helps with advertising and business that the site comes with a Facebook app of its own as well. It will be interesting to see how this site grows and changes with its new owner!

Though it is obvious from the above sale 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.

(Source: sitetrail.com)

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