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==Highest Reported Sales== ==Highest Reported Sales==
Many geodomains were reported to be sold for high amounts. Among them:<ref></ref> <ref>[http://www.businesswire.com/news/home/20091130005754/en/Sedo-Brokers-Industry's-Largest-Geo-Domain-Sale Sedo Brokers Industry's Second Largest Geo Domain Sale Many geodomains were reported to be sold for high amounts. Among them:<ref></ref> <ref></ref>
Russia.com Sold for $1.5 Million by Leading Geo Domain Developer Paley Media]</ref>
Korea.com for $5,000,000 in 2000 Korea.com for $5,000,000 in 2000
England.com for $2,000,000 in 1999 England.com for $2,000,000 in 1999

Revision as of 19:03, 28 August 2017

The term geodomain refers to domain names that are exact matches in spelling to geographic locations, such as cities and countries. They are unrelated to the ccTLDs such as the .us country code domain. Examples of geodomains are Atlanta.com, LosAngeles.com, Texas.com and LongIsland.com. Since geographical names are limited in number, and have good name recognition, geodomains are valuable, with the .com extension valued the most. Geodomains tend to provide a virtual representation of the locations they serve—for example, Hawaii.com is heavily tourism focused, while Syracuse.com and Madison.com have more local content. Collectively, geographic domain names are estimated to represent approximately over 500 million dollars a year in gross hotel bookings alone.

Industry Conferences

  • In 2008 the GeoDomain Expo was held in Chicago from July 10–12.
  • In 2010 the GeoDomain Expo was held in New Orleans from April 28-30

Highest Reported Sales

Many geodomains were reported to be sold for high amounts. Among them:

Korea.com for $5,000,000 in 2000 
England.com for $2,000,000 in 1999
Russia.com for $1,500,000 in 2009
Chinese.com $1,120,008 2007
Britain.com $1,000,000 1999
Melbourne.com $700,000 2007
Macau.com $550,000 2006 
NewZealand.com $500,000 2003
Longisland.com $370,000 in 2010

See also

References

  1. From Brandable to Exact-Match Geo Domain Making $1.5M Per Year – With John Colascione
  2. 2008 GeoDomain expo coverage story
  3. 2010 GeoDomain expo coverage story
  4. BusinessInsider.com.au
  5. Sedo Brokers Industry's Second Largest Geo Domain Sale Russia.com Sold for $1.5 Million by Leading Geo Domain Developer Paley Media

External links


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