Comments on: $1.5million or $35,642.16 a month?

By: Benjamin E. Hensley

Benjamin E. Hensley — Mon, 30 Nov 2009 12:45:10 +0000

I have got some trouble with your blog layout with the newest release of Opera. It is fine in IE6 and Firefox though.

By: admin

admin — Fri, 06 Nov 2009 07:21:54 +0000

Absolutely Mike, it’s one of the world’s most popular sports and the market is massive.

I would bear in mind though, that the name on sale is not golf.com – it’s golfclubs.com, still a big enough niche to make a ton of money, but not without development and not without considerable overhead, which kind of limits your target market.

By: Mike

Mike — Fri, 06 Nov 2009 07:00:37 +0000

well written post. While I don’t disagree with anything you’ve said, I will say though, that there’s a lot of money in golf. I recently met someone who took up a second job at a country club for extra income, and she’s told me that a private membership at this prestigious club goes as much as $75k/year, which is absolutely obscene if you ask me. I would be pitching this name to end-users all the way.

By: Worlds Best Domain Names

Worlds Best Domain Names — Thu, 05 Nov 2009 17:20:07 +0000

It seems as though (especially in the domain world) that beauty is in the eye of the “seller” not the buyer? I suppose that is ok because you affectively only have to find a single buyer and it is FREE to ask for “One Million Dollars” these days.

I do love the generic domain name…

By: Patrick McDermott

Patrick McDermott — Wed, 04 Nov 2009 19:27:45 +0000

“If you use the same tool and check candy.com its accurate.”

Jack, that’s because Candy.com sold for $3 mil and the tool knows that.

Without that knowledge, it’s really hit or miss.

I just put iReport.com into Valuate.

It says iReport is appraised at $770,000.

iReport sold for $750,000.

Valuate knows this.

Without that sale knowledge, do you think Valuate would have given iReport an appraisal anywhere near 3/4 of a $ million ?

I don’t.

Look at the appraisal amount Valuate gave these other “i” domains:

iForeclosure.com -$670
iProperty.com —- $3,200
iRealEstate.com — < $100

By the way, I am not putting the valuate tool down.

I'm just pointing out the appraisals are skewed when the prior domain sale amount is known.

By: Gordon

Gordon — Wed, 04 Nov 2009 15:31:30 +0000

why bother trying to sell this to domainers – the only person who will spend this money is going to be an existing retailer of some sort, and even then it is a ton of money. An existing retailer with an existing site they have been branding for years – could buy that name for $1.5 – or they could have an extra $25k per month to spend on advertising, ppc, seo, marketing and more branding – for the next 5 years.

It is a great name, I’d love to have it – but you can understand why it is a difficult sell.

By: M. Menius

M. Menius — Wed, 04 Nov 2009 15:23:22 +0000

Really good post. Now it must be said that this is a premium domain name, no question. That being said, excellent points above about start-up, inventory and maintenance costs. Just how big is the “golf clubs” industry?

With something like this, I wonder how important the “hands on” aspect is before making a purchase. Is this a product that would not sell well online because people need to experience the feel and weight of the clubs? I would assume there’s a pretty substantial profit margin factored in golf club sales.

By: admin

admin — Wed, 04 Nov 2009 15:22:40 +0000

The point of the post wasn’t to rubbish the domain, nor did I mean that the only business you can build is one selling golf clubs – though that’s the most obvious.

Golfclubs.com was just an example of a high value name being sold on the basis of it’s potential once developed – whatever that development model might be.

If the value is in the development, then personally, I question the high price for the domain, given that the pitch for it is based on a $35K per month outlay and completely disregards the associated costs of that development – no matter what business model is attached to it.

By: Incredulous

Incredulous — Wed, 04 Nov 2009 14:23:49 +0000

I stopped reading this post after you said a business couldn’t be built on GolfClubs.com…

And who says you would actually have to SELL golf clubs and hold inventory?

I suppose Hotels.com had to go build or buy all the hotels they provide service for?

By: Jack Ford

Jack Ford — Wed, 04 Nov 2009 12:43:52 +0000

Valuate.com shows golfclubs.com at $400k.

If you use the same tool and check candy.com its accurate.

I think at the 400-600k range it MIGHT sell. Like you said can you really build a business with it?