FoodMaps.com Domain Name Sells For $2,900
GoDaddy’s domain auction marketplace has always been seen as a separate and distinct part of GoDaddy’s operations but one wonders if the recent flip flopping over SOPA has caused many of the bigger players to flee the auction marketplace.
I say this because GoDaddy’s domain sales for the week ending 16 January 2012 were absolutely terrible. The biggest sale was $2,900 for FoodMaps.com, and by domain selling standards, this amount is paltry given the inherent commercial value of the domain. In all the domain attracted 253 bids from a total of 7 bidders, and by the time the gavel landed on this 9 year old domain, the highest bid was $2,900.
Further down the pecking order was SalesAuthority.com which went for a miserable $135, suggesting in very clear terms that the big players were completely absent from bidding during this week. Of course this is just speculation on my part and it could be that the domains were just not seen as having any value. Or, it could be that the market is finally coming out from under domains and these sports of prices are what we are likely to see in the coming months.
Only time will really tell which bit of the speculation is true. Right now GoDaddy has retracted its support for SOPA so it will be interesting to see how its domain aftermarket does in the coming months.
Do you favor GoDaddy after its initial support of SOPA? Let us know in the comments below.