Radix, the registry operator of domain name extensions like .TECH, .ONLINE, .STORE and many more just shared their Q1 2020 data, and it’s safe to say they’ve had a pretty solid year so far.
I went through all the data and thought it would be interesting to share some data that caught my eye. First, let’s talk numbers, Radix did close to $2M in premium sales revenue in the first half of 2020 led by .TECH. Here’s a quick look at the top five TLDs by sales numbers:
As for the average sales price of premium names, here’s a good overview of what people are paying:
$250 was the most popular price tier followed by $500 and $1,000. It was also interesting to see a bump at the $5k mark. I recently wrote an article about how below $5k is where the action is today in the domain name world and it definitely matches what Radix is seeing here with premium sales.
One metric I always like to look at with new domain extensions is how many people who bought a name end up renewing it, Radix is seeing 78% of people renewing domains for a second time which is definitely encouraging.
Some notable sales that Radix saw the first half of this year are:
- sp.tech – $22,000
- history.press – $13,549
- collective.space – $8,000
- hex.tech – $7,500
Congrats to Radix on a great year so far, looking forward to seeing how the second half goes!