e.biz sells for $66,001

Single-character domain e.biz has sold at auction for €39,764 ($66,001 USD). While this looks like a lot at first, when compared to similar past sales, one sees how weak the .biz extension is on the market.

In 2000, for instance, Biz.com sold for $625,000 USD. Despite an increase in average domain value across the board since then and the fact that the .biz domain is only one letter, Biz.com sold for nearly 10 times as much.

Does that mean the buyer of e.biz should have looked for another name? Not at all. In my opinion, the name is strong because of its connections to e-business and short length. But overall, .biz isn’t as strong as other TLDs.

Source | Domain Name Wire
Photo | Flickr

e.biz rakes in $66,001 at auction

The .biz registry, in conjunction with a prominent domain auction website, auctioned off all single-letter .biz domains this week. The highest sale price of the lot belongs to e.Biz, which yielded a stunning £41,240 ($66,001 USD) after ending with 20 bids.

Here are some other big sales:

1.biz- $32,003
a.biz- $10,099
b.biz- $10,005
d.biz- $26,110
e.biz- $63,001
m.biz- $15,611
w.biz- $13,500

As far as TLDs go, .biz has never really received much attention. While relatively high compared to average domain sale prices, the .biz auction results are low compared to what one would expect to see if single-letter domains of a more popular TLD were auctioned off.

Source | Domain Name Wire