Some good news for the domain name industry. Domain name marketplace Sedo announecd the results of its Q3 2010 Domain Market Study and transaction volume remains strong with 10,085 sales during the quarter, a 1.58 percent increase from the same period a year earlier, and accounted for more than $24.5 million in sales.
Fixed-price auctions accounted for 28 percent of transactions and Offer/counter transactions account for 42 percent. The average sale price (which has grown for the third consecutive quarter) is $2,033. The most popular generic top level domain continues to be .com with 74 percent of all sales, following by .net with 11 percent, .org with 8 percent, .info with 5 percent and .biz with 2 percent.
“As more people become aware of the opportunities in domain investing, fixed-price sales will continue to gain popularity. It’s a great way for novice investors to get involved in the market,” said Jeremiah Johnston, chief operating officer of Sedo.com. “It’s also an extremely attractive tool for businesses or marketers who have to budget expenses up-front for a new site or landing page, and want to leverage the power of a short, memorable domain that can increase SEO and siphon natural type-in traffic.”