SK.net Domain Name Sells For $7,101

Two-letter domain names are either going out of fashion or the .Net extension is just not everyone’s cup of tea. I say this because the recent auction of the domain SK.net only fetched $7,101—and the $101 looks like a token tacked onto the final bid for effect; a ‘maybe this will work’ sort of thing.

In all 6 people made bids on the domain which was first registered in 1995, but what is surprising for many is the fact the sale didn’t break the $10,000 barrier. This has left many to speculate that the .Net extension is really one that requires and extraordinary aligning of factors to make any significant funds from a sale. But while this may be true, I would suggest that the marketplace used for the auction is a bigger factor.

In recent weeks a trend has emerged which more or less shows that domains listed with Sedo.com have a greater chance of going for more than other domain aftermarkets. Smaller domain aftermarkets like Namejet simply don’t have the pool of what I call ‘heavy hitters’ to send domain prices north of 5 figures and time and time again this has been borne out by sales.

So, it looks like the combination of .Net and a non-Sedo marketplace sowed the seeds for Sk.net having such a poor sales figure.

What do you think? Is Sedo the only place where domainers have a chance of making it big? Share your thoughts in the comments below.

Source: http://www.sitetrail.com/2011/11/26/sk.net-domain-name-sells-for-7101/

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