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A blog about domain names and making a living on the Internet.

Saturday, October 08, 2005

.JP Makes A Grand Entrance At Domain Name Ball...

Finally, a high profile, precedent-setting, publicly reported sale for the .JP TLD! Hallelujah!

Sedo just reported the sale of HOTELS.JP @ $40,000; it's a fair price for this ultra-premium domain name.

I am sure that there have been many private trades of .JP names over the years, but private sales are no help to domain traders like me: the more we know about previous sales within a particular namespace, the better we able to set the fairest possible prices for our own domains.

I tip my hat to AfterNIC for appraising a .JP domain name I'm holding, CELLULAR.JP, at $41,000 (with a potential market value of $123,000.) Cellular.jp is an ultra-premium domain name in the same class as hotels.jp, but the AfterNIC appraisal team didn't have much previous sales data in the .JP arena to go on when they appraised cellular.jp back in March of 2004, yet they were able to attach an impressively realistic dollar amount to the name. Kudos to you AfterNIC!

It's interesting that Sedo was lucky enough to broker this sale, as Sedo was the very same domain exchange that a couple of years ago wouldn't even list my .JP domain names in their website! It's a good thing--for both Sedo and domain traders--that Sedo eventually decided to rethink their listing policy with regard to .JP names.

I expect that a lot more domainers will be investing in .JP domain names as a result of this sale, so if you plan on snagging some names, don't procrastinate!

My current list of .JP names is pretty strong, but not as long as it used to be. I decided to trim a number of names off my list over the past 2 years, so as a courtesy to Domain Blog readers, I'll post some of those names here (let's call it a special .JP name drop alert):

Commodities.jp

Drinking.jp

Eating.jp

Golfing.jp

LuxuryHotel.jp

SlotMachine.jp

Wager.jp

Feel free to post a comment if you decide to invest in any of the above.

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