In today’s domain world, the secondary market is the place to shop. Consider it a domain name thrift store, or flea market. You will be hard pressed to find a valuable, generic domain in the primary market.
The secondary market is where mny large corporations and end-users are finding the domains they need to supplement their current business presence. As we now know, internet-commerce has exploded, and is not going anywhere anytime soon.
According to Sedo’s Secondary Domain Market Study for 2008, each year from 2004 through 2007, there were notable increases in domain sales. In 2008 domains amounting to a total of $77,413,390 were sold and transferred via the Sedo marketplace resulting in an 8% sales growth.from 2007.
As years pass and the number of internet users increases, more and more domains are being registered. Once established, often times the registrants are simply trying to flip them for profit. End-users now need these domains and are able to find them in the secondary domain market. To enhance that secondary market even more, you have domain brokerage services,, that can assist you in contacting the owner of the domain you want, even if they are not listed as for sale.
“Our annual results validate the continued investment momentum in the secondary domain market, despite the slow economy,” said Tim Schumacher, chief executive officer for Sedo mentioned in the company’s 2008 market study. “We expect that high quality domain marketplaces such as Sedo, will sustain industry growth this year and beyond as companies, developers and entrepreneurs continue to leverage the web as an effective marketing tool to boost revenue.”
As many businesses are facing a decline in profit, the secondary domain market is optimist about the financial stability and opportunities that the internet provides domainers and business owners alike.