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July 23, 2013

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

2Q-2013 Domain Sales Data Shows Improving Market - New Developments at CitiesPlanet Gives GeoDomains a Boost & More TLDs Added at Sedo MLS

In case you missed them I wanted to draw your attention to a couple of big stories published in other sections of our site over the past 24 hours. As I am writing this our latest free monthly newsletter is going out to opt-in subscribers. It features a breakdown of the latest quarterly 

domain sales data covering 2Q-2013 and the data looks good for domain sellers. Three of the key indicators - total dollar volume across all extensions, total .com dollar volume and the median sales price across all extensions all rose from both year ago and previous quarter levels. 

The total $ volume of all sales reported to us in 2Q-2013 was $22.4 million. That is a 7% increase over the $20.9 million reported in the same quarter a year ago and 3% better than 1Q-2013. The total $ volume numbers for .com only were also up in 2Q-2013, reaching $16.8 million - a 9% jump from $15.4 million reported in the same quarter a year ago and 4% better than the previous quarter (1Q-2013).

 

Climbing sales image from Bigstock

The numbers were also better for what is probably the most accurate indicator of market health - the median sales price across all extensions. The newsletter is also now available online, so you can check it out for all of the details on 2Q-2013 sales results. 

Another important story was published on our home page Monday - one that will come as good news for the geodomain sector. CitiesPlanet.com, the world’s first full monetization platform for geodomain brands, has announced both a major capital infusion and a partnership with Tallwave, a firm founded by former executives from Google, Yahoo!, Microsoft and iCrossing is reportedly disrupting the startup incubator/accelerator marketplace with its new system for building these ventures faster with more success and less risk.

The capital infusion comes from another source - Jonathan Wechsler, owner of Boom Entertainment and a Scottsdale, Arizona based businessman with interests in healthcare, night clubs, restaurants and concerts all over the country, who made a large six-figure investment into CitiesPlanet.com, and will take an active role as a Board member. 

CitiesPlanet.com expects the additional funding and partnership to allow the company to expand its existing client portfolio of 65 city .com brands to thousands of worldwide geodomains in the coming 24 months concurrent with development of the next generation of CitiesPlanet's City in the Box software. You can read the full story here including CitiesPlanet Founder Fred Mercaldo's comments on what this increased mainstream investment interest in geodomains means for that industry.

One other note  - last week we told you about the Sedo MLS domain sales platform expanding with the addition of .eu domains to the network. Today the SedoMLS welcomed a much larger group of 30 extensions to the fold - all part of a new agreement with  CentralNic. Those include .la and .pw among others.

(Posted July 23, 2013) 


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