How did Thiink.com sell for $50,000? And why do some people think it makes total sense?

Well this is confusing. Apparently the domain name Thiink.com sold for $50,000. I might be late to the party on this one but I’ve been traveling in Japan and not as plugged into domain news as I normally am. Today, when I finally sat down to play catch-up I read about the sale of Thiink.com for $50k and thought…that can’t be right.

I first read about this sale on Konstantinos’ blog (you can read the original post here) and like him, I’m also scratching my head wondering what happened.

One of Konstantinos’ readers made a strange comment that is also a head scratcher for me as well:

I went through the rest of the comments and can’t find any meaningful explanation for why Thiink.com would sell for this much. Sure – brandables can sell for more than chump change so I could see this selling for $10k or $15k and I might not think much of it.

At about $25k you start to lose me, above $35k I’m starting to pull my hair out trying to understand what’s going on…and at $50k, I write a whole freaking post about how this makes no sense.

So please, let’s throw the argument out the window that Thiink.com is a great brandable domain that’s worth $50,000 – that just isn’t true. I’ve heard some people use the example of Fiverr.com. I believe the company either hand-registered that domain or paid a very small sum for it. The domain was so bad, that they did end up buying Fiver.com, which is a much better name.

There are brandable domains that make sense and justify a $50k or higher price tag, and then there’s names like Thiink.com that don’t make any sense.

What do you think happened here? And please, don’t give me the Fiverr.com example because that’s a bad one. I want to hear from you, comment and let your voice be heard!

{ 20 comments… add one }

  • Snoopy May 19, 2019, 11:55 pm

    The name is terrible, but there is numerous companies branding with the term so it has some value. It is not the type of name that has a high probability of selling for $50k but there is some probability none the less.

    Maybe the seller should have held out for $100k? It is all an odds game, the more you ask the less likely a sale is.

    Reply
    • Fat Anon May 20, 2019, 5:11 am

      there is numerous companies branding with the term

      This is the only and the most important part. There are real businesses operating under it and they had to compete for the #1 “thiink” on the web. I find it very strange that Konstantinos, Morgan and other people are even questioning this deal. When you sell name to a business which already goes by that name, only the sky is the limit to your pricing choices.

      Reply
  • Matt Holmes May 19, 2019, 11:59 pm

    Morgan you missed this opportunity so I’m going to take it:

    “I thiink that is very over priced!”

    Reply
  • Ethan May 20, 2019, 12:19 am

    I guess the seller considered the domain name valuable so it was sold for that high. Mappa.com even sold for $200,000, according to eNaming.

    Reply
    • Ethan May 20, 2019, 2:12 am

      * price correction: $127,400

      Reply
  • Bobby May 20, 2019, 2:57 am

    It is all in the eye of the beholder.

    Think, no matter how its spelled is a very powerful word in the age of Ai.

    As you once mentioned in an old video Morgan, never underestimate the size of a potential buyers wallet.

    Never sell cheap. Well done to the seller.

    Reply
  • frank meester May 20, 2019, 4:28 am

    Ok halfprice
    Siggns.com
    Trruck.com
    Forrms.com
    Bootth.com
    Buccket.com
    Barrgains.com
    Brrokers.com
    Cenntric.com
    Forrever.com
    Prrograms.com
    Worrkshop.com

    Reply
  • ThinkGuy.com May 20, 2019, 5:04 am

    Thiink .com – not bad brand name, but obvious it does not worth $50k USD. Maybe it was a fake sale? How do you thiink?
    Best,
    ThinkGuy
    🙂

    Reply
    • matt May 20, 2019, 9:15 am

      you are Exactly right and you are smart person..Alot of these are Fake news and Fake sales just to keep the domain industry alive ,But Domaining is dead. They get paid to write these articles to Drive money to the Domain Business .

      Reply
  • Mark Thorpe May 20, 2019, 6:28 am

    Thiink.com is better than some other brandable domains that have sold for mid 5 figures +.

    Reply
    • Mark Thorpe May 20, 2019, 6:47 am

      At least Thiink.com comes from a real word (Think). It’s better than a made up brandable word IMO.
      $50k is definitely end-user pricing. I could see a start-up paying that much for the domain.
      But is the domain worth that much, no. High 4 figures, low 5 figures at best.

      Reply
    • Snoopy May 20, 2019, 4:04 pm

      Name one that it is better than.

      Reply
  • JZ May 20, 2019, 6:48 am

    Its not a great name but that doesn’t matter. Its just a matter of the seller asking and the buyer being able and willing to spend so much on it.

    Reply
  • Don Murray May 20, 2019, 6:51 am

    It’s for office furniture!

    If your selling high end office furniture for 1k to 5k, then it is worth it to them – that is all that matters!

    Everyone keeps thinking its about them and what they think it’s worth. It’s all about what the buyers wants. They knew they had the TM coming in so at that point the owner is in the drivers seat.

    Reply
  • John May 20, 2019, 7:11 am

    That’s me up there pulling out the popcorn.

    Morgan, the answer is that this was simply a blunder, and anyone who thinks it makes sense is just not well informed about the realities of end use utility and domain investing. For example, for $1m this was also one of the biggest blunders of all time:

    Block-chain.com

    (And for those who don’t know yet, it’s one word, not two.)

    Reply
  • kamran May 20, 2019, 9:23 am

    i have SaveoSave .com domain for sale for those who can not effort to buy save.com
    oh yeah a very Crazy and memorable and easy to spell name

    Reply
  • Aline May 20, 2019, 10:23 am

    Maybe they’re thinking of a marketing campaign based on the double i. Sleeep.com did a fantastic job – they’re noise cancelling ear buds “for a longer sleep.” I thought that was awfully clever. I hope they didn’t pay $50K for sleeep, but the folks at Thiink may be thiinking along the same lines?

    Reply
  • George In Miami May 21, 2019, 8:56 am

    Domain Name value is whatever the buyer is willing to pay.
    However, all depends in how good is the owner negotiating the price.

    Reply
  • Jon Schultz May 21, 2019, 1:33 pm

    I thiink, therefore I lose emails mistakenly sent to the wrong address…

    Reply
  • David May 25, 2019, 8:29 pm

    I think “thiink” is an emphasis on the word “think.” It’s like if I was in a sort of heated exchange with someone who messed up something and I accused that person of not using his head I would say – ” Think man…thiink! (for emphasis). It’s like what and whaaaat!

    Reply

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