Let’s be honest, unless you’ve been living under a rock, in a cave, at the bottom of the ocean you’ve probably realized that the Domaining industry has moved to China, and numeric .COMs are more valuable than ever before.
I have to give it to Shane for saying this years ago and other well-known Domainers like Michael Berkens who have been sharing what they’re seeing in the numeric domain space. This, by the way, is one of the things I truly appreciate about the domain space, once you get beyond the smoke and mirrors (and yes, there is a lot of smoke, mirrors, and scandals) you’ll find that investors making good money in the industry are sharing things that most people in other industries would keep to themselves. I love this about our industry and do truly believe that rising tides do raise all ships and if we share information we all win.
Michael Berkens (TheDomains.com) is someone I’ve always looked-up to and this week he wrote a great post about the increased volume of offers he’s seeing from Chinese buyers for numeric .COMs:
“As we all know buyers from China have been moving the domain name market for a few years, but we are now in uncharted waters. China now is making the market. US buyers are now interested in buying only the domain names the buyers in China want. I have 100+ LLL.com domains, about 30+ LLLL.com domain, 7 NNNN.com domains and lots of NNNNN.com domains that I registered back in the day when Marchex was buying them as area codes.” (Source – TheDomains.com)
As I started out this post by saying, it’s no secret that numeric domains are hot, my question is, if you’re not buying them right now are you missing the boat? Or should you have bought them years ago and the ship sailed a long time ago?
I’m interested in hear what you think – comment and let your voice be heard!