Why would a company spend $30M on a domain name?
Block.one made it to the news when they spent $30M on the domain name ‘voice.com.’ Spending such big bucks already made the world curious about who the buyer is and what is ‘voice.com.’ It seems like this worked out well for Block.one.
“A better domain name will lower your lifetime marketing costs.”
– Frank Schilling
This quotation by Frank Schilling is small but very powerful, and I believe that everyone will agree with this. A good domain is the one that is easy to understand and remember, and investing in one goes a long way.
Every domain that you get for your business says a lot about you and your business. Choosing a good domain is as important as selecting the right team for your project or business.
Domain Names are Virtual Read Estates
Domain names work as a piece of land on the web. They are considered as virtual real estates. Investing in a good domain will always help you and your business in so many ways that it’ll turn out to be a wise investment.
Recently there is talk about the web world running out of all the good ‘.com’ domains.
“All good .com domains are taken.”
– someone not using KillerLaunch
Enters KillerLaunch!
KillerLaunch helps you to find the perfect domain name for you. We are here to revolutionize the domain resale marketplace.
We help you in finding catchy and brandable domains that can help you push your business further and reach out to more people.
Market Size & Market Valuation
Over the years, the business of domain selling and buying has seen an increase, as more and more companies have accepted the fact that having an online webpage helps them reach a more extensive audience base.
Market size for domain sales is enormous, and in the past five years, a total of 4,023,000 domains were sold, collecting a revenue of $634.4M for the market. With average domain price of $1577 and with the highest resale price being $30M.
Here are the top 4 websites in Domain Resale space:
1. SEDO
Founded in 2001, SEDO has sold 314,000 domains over last 5 years, making a total of $135.5M with an average price of $4322 for a domain.
2. GoDaddy
Founded in 1997, GoDaddy Inc. is a US-based domain registrar and resale company; it sold 1,732,000 domains for $69.9M with an average price of $1151 in the past five years.
3. NameJet
NameJet is a live domain auction website; It was founded in 2007 with Web.com Group Inc. being the parent organization.
In the last five years, they have sold 1,043,000 domains totaling the price to $91.3M with the average price being $876.
4. DropCatch
DropCatch is a domain resale website that specializes in helping you get those domains that are about to get expired or have already expired. They sold 393,000 domains for $20.5M with an average price of the domain being $524 in the last five years.
Why are we raising $2M?
We are raising $2M as Seed Round. This investment will help us to reach a bigger market space by spending money on advertising and customer acquisition.
We wish to outperform our competitors by tapping in the local Indian markets as well. There has been a dramatic rise in the Indian market, as more small & medium businesses are shifting online to increase their reach. This urges us to expand our network by capturing the Indian market and get loyal customers by offering our services.
Competitive Advantages:
We give an excellent experience to our users whenever they visit KillerLaunch. When compared with other sites, our site offers a more informative but straightforward user interface. Several reasons to choose KillerLaunch over other competitive websites are:
1. Ease of Use
You can search for a domain name using a keyword, tags, or sort them according to the amount you wish to spend on the domain.
2. Categories
KillerLaunch has handpicked categories for different domain names. This helps the user to choose from their preferred category.
3. Instant Launch
Along with the domain name, we also offer ready to use logos so that a person can launch their service instantly.
4. Fast and Fair Negotiations
KillerLaunch helps with easy and quick negotiations between the buyer and the seller. We try our best to get you a price that is fair for both the buyer as well as the seller.
5. Profiles
The seller gets easy to use dashboard where they can manage their listings and negotiate with the buyer.
6. Easy and Safe Payments
At KillerLaunch, we know how precious your time is and to help with this, we offer secure and safe purchases. With a single click, you can buy the domain of your choice.
Company Vision:
Our target customers for business are new startups and products that need exposure in the market. With our services, we want the upcoming startups to look at us as the one-stop destination for buying the domain names of their choice.
Our emphasis is on simplicity, and we want to provide a safe and quick transaction service to our users i.e., to complete the transfer within 4 hours of the purchase.
We charge a 20% commission for every sale they make, and there are no other hidden charges. We offer free listings for sellers to increase the portfolio.
KillerLaunch has planned to launch a mobile app to offer better communication between the seller and the buyer.
For more information, you can visit us on:
https://killerlaunch.com/
https://angel.co/company/killerlaunch
https://www.crunchbase.com/organization/killerlaunch
https://www.linkedin.com/company/killerlaunch/
