The LLLL.com Market: Still Alive?
Earlier today I decided to sit and closely watch the NamePros.com live domain auction, to see what the domains were going for, and how the different markets for different types of domains were doing. Before the auction actually started, I wanted to go check out the prebidding area to see the different domains that were going to be auctioned off. I noticed that there must have been a good 20-30 LLLL.com’s in the auction, which wasn’t surprising at all considering how much the market was dropping. I am sure domainers are freaking out and getting rid of them while they can. Once the auction began, it was shocking to me seeing the LLLL.com’s going off at such high prices. While the prices did show a significant drop from the last couple of live auctions, they were going at reasonably high prices for the current market.
The most significant LLLL.com sale was Mafy.com for $1,050. Now, although that probably would have gone for a good $3,000 back a few months ago when the LLLL.com market was huge, $1,050 is still quite a significant price looking at the current market. It is a pretty catchy CVCV.com, but to be perfectly honest, I would rather have something like Maffy.com for $20 or $25.
My company used to be quite involved in the LLLL.com market. In fact, we even had our own price guide for LLLL.com’s. But, my company got out of the market back in late april when we saw the market falling to pieces.
Once the auction ended, after seeing tonight’s LLLL.com sales, I was just shocked to see how many people are still investing in them. Whether it’s Mafy.com, or even a random one like VPJY.com or QKUH.com (which both went for $25 a piece in the live auction), the market still seems to be alive. Who knows, maybe it will come back. I guess we will have to wait and see!