Southafrica.com on the market

newzealand.com seems to have started the trend

[Shak]

As the dispute over the rights to the domain name southafrica.com rages on, the government is now looking at buying the internet address as a matter of principle, even if it costs millions of rands.

Business Day reports the communications department has started negotiating with US company Virtual Countries, which owns the name.

[news24.com...]

All interesting stuff, 1st NewZealand.com , now this, combined with a number of 5 and 6 figure domain name sales in 2003.

Interesting times ahead methinks

Shak

[max_rk]

Very interesting! Hopefully this will do some good for domain name market.

[digitalbrain]

are the domains worth it?. i wonder if business.com has recovered it's $7 Million? :)

[ncsuk]

With business.com 's PR of 8 im sure its doing something right.

[Shak]

a lot more to a domain name than Google PageRank :)

as for the $7,5 Million for Business.com , well for once I will keep my thoughts to myself.

Without a doubt though 2003 has seen a number of 5 and 6 figure domain sales.

I am personally involved in three 5 figure domains, and one 6 figure domain.

Shak

[TomWaits]

Business.com, $#%^@, keeps outbidding us on secondary PPC. Once they get them there, they lay the Google AdWords on them hot and heavy. Yeah, Business.com is doing alright.

[Porkchop]

Shak,

You said you were involved in some 5 and 6 figure domains.
How do you get them that high? If someone makes an offer don't they start out real low. How high is too high? If you gave a high dollar amount they would just be scared away.
I am interested to see how this works? Your comments?

Thank you

[Shak]

It all still depends on the "quality" of the domain name, all the 1s I am referring to arent't even .com or .net but instead are .co.uk domains.

Shak

[DaveN]

Porkchop the domains that shak is talking about are the single keyword domains that mean so much example :

my company name is abc so abc would have a quite high value.

if abc sold widgets and widgets was massive industry then widgets.co.uk would be much better for me to own.

DaveN