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.Biz
whats its worth?
Andrew Thomas




msg:680050
 10:43 am on Apr 8, 2002 (gmt 0)

hi ive just registered a .biz name (its a county in the UK) ive already had someone ask me if its for sale...

Is there any idea on what a .biz name is worth?

thanks

 

click watcher




msg:680051
 11:54 am on Apr 8, 2002 (gmt 0)

i believe there are several services who will charge you money for a valuation,

the truth is that anything (not just domain names) is only worth what you can persuade someone to pay for it,

and the less established a market the less stable prices are.

IMHO it is almost impossible to value a name without knowing who the potential buyer/s is and how desperate they are to get it.

Andrew Thomas




msg:680052
 12:21 pm on Apr 8, 2002 (gmt 0)

Does anyone know of a good valuation service...

Its just a domain, no website present at the moment.

TeddyBare69




msg:680053
 12:44 pm on Apr 8, 2002 (gmt 0)

I am extremely ignorant with this but I have to ask.

What makes a .biz different from a .com other than the different letters and meaning?

rcjordan




msg:680054
 2:33 pm on Apr 8, 2002 (gmt 0)

>Does anyone know of a good valuation service...

IMO, a "good" valuation service doesn't exist. They always seem tuned to make the domain owner feel as if he has struck it rich.

>com/biz difference

No difference, IMO, they just ran out of coms.

Lisa




msg:680055
 8:36 pm on Apr 8, 2002 (gmt 0)

Well, the buyer's money increases with a .COM. So yes, .COM is worth a premium. It is viewed as the top level. The king of kings. There are 48 Million domains in the whole world. That counts all ccTLDs and all gTLDs. Well almost half of those are DOT COMs (22M).

The .BIZ domain is currently the 7th highest domain used in the world (627k of them). Because it is so new it does not have much branding or public cognition. You will need to hold the domain a few years before it is worth its full potential. But I have no doubt that .BIZ will be lower then 7th spot by then.

When I eval domain prices I start at the .COM and work my way down to the TLD the owner has. It all depends on the domain and how much potential branding it has built into its self. The ultimate eval tool is how much background traffic does it generate. That is one of the strongest indicators.

rcjordan




msg:680056
 8:57 pm on Apr 8, 2002 (gmt 0)

>yes, .COM is worth a premium.

Did I ever mis-read a question! My answer re com vs biz was referencing the meaning.

Lisa is right, everything (speaking from a US perspective, anyway) revolves around the COM, which means everthing else is worth substantially less. In limited circumstances, I can see .info having appeal, like travel.info -but the others often just imply you missed the COM on the first go-around.

Andrew Thomas




msg:680057
 8:09 am on Apr 9, 2002 (gmt 0)

The .biz i own has quite a bit of potential, its cornwall.biz, which is a tourist area in the UK, so im thinking of advertising for local companies in the county and see what the response is..so I think i'll hold on to it a develop it myself

what do you think...

Woz




msg:680058
 8:37 am on Apr 9, 2002 (gmt 0)

>so I think i'll hold on to it a develop it myself

I think you just gave it the best possible valuation.

Onya
Woz

Purple Martin




msg:680059
 2:58 am on Apr 18, 2002 (gmt 0)

Andrew - have you asked the big-eared prince what he's willing to pay for it?

Seriously though I think you should develop it yourself, you'll earn more in the long run than if you sell it (and it could be a lot of fun).

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