DomainTools Blog

Here is a video of Fox News talking about Buying and Selling domain names. The two reporters seem like they don’t understand domain names but they sure have a lot to say about them. One lady keeps talking about typing domain names into Google. They say there are 90,000 domain names purchased everyday. Hmmm, They didn’t quote their source but it is wrong. Perhaps half that amount or around 45,000 would be more accurate. They seem to think most domains go for hundreds of thousands of dollars. Reporters like these cause bubbles. I don’t want to bash them too much, they are doing a good thing for the Industry but they need to keep things in perspective as well. There is a market for Generic domains that is very healthy. Certain domains are worth millions other domains are worth $6. Crappy domains have no market and never will. They got it right though, there is a lot of money behind dotcom. Everybody knows that brand of website.