CDN.net Domain Name Sold For $185,000
There are various domain name-selling companies on the Internet today. Companies such as these bring in a lot of revenue and are very successful due to the popularity of doing business online. Just as there are many different domain name-selling companies to choose from when looking into purchasing a domain name, there are thousands of domain names to pick from also. This allows businesses to choose a domain name that best fits their company and the products or services they are involved in, and it also allows them to find a domain name that fits into their budget. Some domain names can be pretty pricey, even costing from 5 to 6 figures, whereas others are only a couple hundred dollars. Though prices may cause businesses to hesitate it is definitely worth the expense since the Internet is such a convenient and popular place to do business these days.
Speaking of domain names being pricey, one domain name recently sold for $185,000. This domain name was CDN.net and it was sold by Frank Schilling on March 14th. Due to the huge amount this domain name brought in people have jokingly called March 14th “Frank Schillings Day”. CDN stands for Content Delivery Network. This is a big business right now on the Internet but even so $185,000 is a lot of money to pay for one domain name! The buyer must be certain and confident that this domain name will eventually pay for itself back and then some.
Certainly there are a lot of domain names that are significantly cheaper than the 6 figure amount Schilling was able to sell CDN.com for. So business men and women should not stress the price but research domain name selling companies and find something that fits their budget. Go Daddy would be good to look into since they are known for selling affordable domain names.