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Sedo Identifies .BIZ Sharp Rise

February 12th, 2010

bizriseSedo’s 2009 market study is out and summarizes sales data from all of last year. Sedo reported that their company comprised 64% of the top 100 domain sales for 2009.

The 4th quarter of 2009 was marked by a 5% sales increase. Increases were attributed to a surge in geographical and descriptive domains. These types of domains have long been considered the gold bullion of the domain name industry.

Of particular interest was Sedo’s specific mention of the internet’s official .BIZ (Business) web address in the study. They indicated …

In terms of the best-performing extensions for average sales price, Sedo’s study saw the sharpest rise in .biz domains. This growth can be attributed in part to the growth in sales of one character .biz domains, which first became available through the .biz registrar in September 2009.

Jeremiah Johnston, COO of Sedo, said that he expects to see ongoing demand for premium domains as marketers & businesses leverage domain names to meet their goals.

Among some of the hottest categories of domain sales from 2009 were city domain names and employment domain names. Getting more into the game are marketing and advertising firms who are beginning to realize the power that generic, quality domain names have in attracting consumers.

Sedo’s Johnston is quoted as saying that domain names which match the search terms of a particular business are in demand. An example of this would be a domain like DenverRealEstate.biz which was just sold by my company a day ago. The buyer being a real estate company located in Denver. Get the picture?

To shop for premium domains, visit: PremiumDomains.US or PremiumDomains.biz 
or our Sedo Portfolio.

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