Domain Study Results – Sedo

Domain online marketplace Sedo announced on Wednesday that the demand for aftermarket domain names grew significantly in 2007, setting a new benchmark for the market in the coming years. Sedo furthermore topped the $70 million mark in domain sales in 2007, nearly doubling its 2006 total.

According to Sedo’s yearly report titled, “Sedo’s Secondary Domain Market Study for 2007,” the sustained increase in domain name value was enhanced by the essential need for organizations and businesses to secure quality domain names that are no longer obtainable through conventional registrars.

Moreover the report established that advertising income generated from domain name parking, or matching pay-per-click advertisements with relevant domain names, also increased significantly as parked sites provided visitors with more gripping content. Average domain name sale prices also increased by approximately 7.8 percent due to a boost in value of both geographic and other different top-level domain extensions like .co.uk, .eu and .mobi while the average value of traditional alternative domain extensions such as .info and .biz decreased.

Tim Schumacher, CEO for Sedo stated “2007 proved to be another banner year for Sedo as even more businesses and investors became aware of the pivotal role secondary domain names play on the InternetWe look forward to continued global expansion in both our domain brokerage and parking service offerings.”

Sedo held the opening GreatDomains Auction of 2008 last week.

Tags: domains, sedo

Category: Webhosting News