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Domain Name Fetches Record Price


The letter ā€œsā€ proves expensive

A British cruise operator has paid a record $1.1 million for the domain name cruises.co.uk.

Seamus Conlon company already owned the address cruise.co.uk so the letter "s" proved to be an expensive acquisition. The price breaks the earlier record for a .co.uk domain of $300,000 paid in October last year.

Conlon's company purchased the address from a German travel company, said it had to be done to rank well in search results and stay competitive in the industry. 'Cruises' is consistently ranked first on Google, with 'cruise' just behind," he said. "We wanted the top positions so that when Internet users are searching for deals...we are the first port of call."

Top five highest prices for .co.uk domain names
1. Cruises.co.uk, 560,000 - purchased January 2008
2. Recycle.co.uk, 150,000 - purchased October 2007
3. Ink.co.uk, 130,425 - purchased in 2007
4. Mobile.co.uk, 120,000 - purchased in 2007
5. Taste.co.uk, 110,000 - purchased in 1997

World's most expensive domain names
1. Sex.com, $12m - purchased in 2005
2. Porn.com, $9.5m - purchased in 2007
3. Business.com, $7.5m - purchased in 1999
4. Diamond.com, $7.5m - purchased in 2006
5. Beer.com, $7m - purchased in 1999
 

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About the author:
Mike is a staff writer for WebProNews.

Comments

Domain

Some look for places to sell their domain names  others just break the barrier.

What a bunch of money

What a bunch of money wasters! I can't believe this much money has been spent when it could have been spent on TV ads and that kind of advertising.

http://www.cruises.co.uk is supposed to be an online community site, but if you go to http://www.cruise.co.uk there's loads of community stuff there too. What's going on?

Domain Name Fetches Record Price

Surely good money in registering domain names for profit but it's got be the name somebody wants seriously! That only happens if the name prove to be a dollar machine!

Wonder how

Good grief! Or CASH I should say, wonder how much i would get for my domain...I have two s's lol

S rocks!

S rocks!

WOW

How great it would be to buy a popular domain name and sell it for that much money!!  Where is the best place to sell a domain name ??

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