The Value of a Domain Name
There was a little kerfuffle in the on-line knitting world recently related to the value of a domain name. Two guys purchased the domain name knitting.com and brag-blogged that they’d make a killing with it.
What Is The Value of Your Domain Name?
Honestly, the knitting.com guys story didn’t interest me very much. Two naive businessmen who had no feel for the knitting world and what a tough business it can be. Like my friend Carol used to say, “the dog-eat-dog world of knitting.”
Yes, it was kind of exciting to watch these two guys brag about getting knitting.com for a steal…”start the car…start the car!”
But it made me start thinking about the value of a domain name.
Years ago, I had a co-worker who owned the most popular chess site on the web. It wasn’t chess.com, it was something like chess-news.com. I remember he sold his domain name to a British guy for £10,000. That was back in the early 2000’s. I’m not even sure I could find the site today. So things change.
I’m ashamed to admit, I used to own the URL simplyknit.com and lost it through a stupid non-renewal mishap. If you go by GoDaddy, simplyknit.com is for sale for $2,280 (although it’s estimated to be worth a little over $1,300. Although, like knitting.com, it’s probably negotiable.
Using the same estimator tool both queerjoe.com and doublepointed.com are worth about $1,000. They base it on similar sales of URLs, the .com extension, the number of letters in the domain name and whether the domain name is a common word.
For all the years I’ve owned both those URLs, I’d probably lose money if I sold either of them. But unless the sales price would make a difference in my financial situation, neither of them will be sold.
Anyone own a valuable URL? Sold one for a lot?
I made quite a bit of progress on the Aha Wrap by Charles Gandy.
I’m on the fifth section (of thirteen), and my hands are knitting automatically now. So it should go a little faster.
This is one of those yarns that looks way better in-person than in photos. I imagine it will sell quickly at a craft show.
I also added a layer of singles onto my current spool of Jacob wool spinning.
I’m anxious to finish this spinning project for two reasons:
- I want to see how this yarn plies up and knits.
- The Nic White alpaca/silk roving is waiting in the wings.