Domain Name Business Secrets
"Internet domain names are a hot commodity again. But unlike the 1990s, when speculators bought up Web addresses in hopes of reselling them later for a big payday, many of today's purchases are aimed at cashing in on the boom in online advertising."
"The domain name is 21st century real estate," says Warren Adelman, president of GoDaddy.com, the world's largest domain name registrar, with 12.9 million. "The economy is being increasingly driven by the Internet sector."
Read this article published by Business 2.0 Magazine if you are not convinced.
You must have heard that Beer.com sold for 7 million in Jan, 2005, Business.com sold a staggering 7.5 million in Nov, 1999, and Beer.com raked in a sunny 7 million in 2004. How about Take a look at Some Recent Domain Sales in 2007? Here it is ...