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Old 29th March 2006, 05:08 AM
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IDN sells for $60,168

Städtereisen.de

http://dnjournal.com/domainsales.htm
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Old 29th March 2006, 06:24 AM
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Re: IDN sells for $60,168

"City travel" in German.

Gentlemen, I believe we have a significant step forward.
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Old 29th March 2006, 07:07 AM
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Re: IDN sells for $60,168

According to a German-speaking friend, the term is MUCH more significant than the English translation would suggest. In other words, it's no good thinking in English terms about the logic of that particular sale. Not saying it isn't a lot of money or an exciting deal, but it's important to keep local perspective on it.

The same will apply for other IDNs and other countries, in time. For instance, I'm sure a lot of the English translations for some Japanese domains would be laughable to the point of doubting whether they had any value whatsoever - yet in the local market and the local language they're a HUGE deal.
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Old 29th March 2006, 07:34 AM
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Re: IDN sells for $60,168

Thats a great sale, but sometimes its so tough to believe that people are actually buying names for so much (end of it its just a name), but I hope this trend never dies. Coz, I am invested heavily in domain names.
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Old 29th March 2006, 07:41 AM
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Re: IDN sells for $60,168

It's just a name but sometimes a name is more then a series of letters, it's a symbol,
a mental bookmark, an identity.

Remember that companies often advertise WITH their domain names, it's never just a technicality.

städtebusreisen.de was sold on 02-03-2006 for $842

Last edited by bramiozo; 29th March 2006 at 07:43 AM.. Reason: Automerged Doublepost
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Old 29th March 2006, 07:47 AM
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Re: IDN sells for $60,168

Quote:
Originally Posted by fd99392
Thats a great sale, but sometimes its so tough to believe that people are actually buying names for so much (end of it its just a name), but I hope this trend never dies. Coz, I am invested heavily in domain names.
Nice, but really not that substantial. Too much ambiguity with Latin IDNs for them to ever compete with the potential of Kanji. I believe that eventually Kanji and Hanzi will be worth even more than their ASCII counterparts. You only have follow the break-neck speed of development in Shanghai to see how big the Asian mind can think!

Look how Toyota destroyed Landrover's dominance of the 4x4 market. Did they have better engineers? No, almost certainly not, but commercially they just had a vision on a different plane.

Furthermore, it is now clear that Kanji can impart more meaning than mere words can express. It is a bit like comparing the real Mona Lisa with the computer code of a bit-map likeness. I don't think without being Japanese or Chinese you can really appreciate the level of meaning or identity that these symbols impart.
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Last edited by Rubber Duck; 29th March 2006 at 09:24 AM..
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Old 29th March 2006, 09:15 AM
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Re: IDN sells for $60,168

Quote:
Originally Posted by fd99392
Thats a great sale, but sometimes its so tough to believe that people are actually buying names for so much (end of it its just a name), but I hope this trend never dies. Coz, I am invested heavily in domain names.
Domain names hold many similarities to commercial real-estate. A good generic name is like a prime piece of commercial real-estate with a path already paved to its door and potential customers using that path regardless of whether or not the doors are open for business. The opportunity to lease names such as these will exist for only a short period of time. The ability to attract customers directly targeted to your specific market for such a low cost is unimaginable in all other business circles.

Money flows in channels. The best way to earn money is to insert yourself directly in the middle of a channel that money flows in. That is precisely what generic domain names do.

Even though language changes and words are both added and removed from common use over time, the best generic names will continue to earn revenue in the decades or even centuries to come. The pure simplicity of generic domain names is both the reason for their financial success and the reason for their longevity. As long as people use symbols to communicate ideas there simply won’t be a better way to connect people with the information they search for. Instead of thinking of it as ‘just a name’ think of it in terms of a channel that information and wealth flows in.

The pictographic nature of some languages and scripts only serves to enhance the compression of information and will make them even more successful than their latin based counterparts. There is less confusion between plural and singular forms and ideas of greater complexity occupy less space, which makes them more memorable and brandable.

If you combine this enhanced utility with a culture that is more apt to measure opportunity in terms of centuries rather than decades, you have a potential financial windfall of epic proportions.
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Old 29th March 2006, 10:28 AM
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Re: IDN sells for $60,168

This is the highest amount paid for an IDN. Even without looking at OVT score and bids, I think our portfolios jumped in terms of valuation.
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Old 29th March 2006, 10:30 AM
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Re: IDN sells for $60,168

In my perspective, another big impulse to the idea of IDN .cctld can be stronger than the .com in several languages. Though i can expect a reply from some people saying the investor bought the .de because he couldnt buy the .com and that Städtereisen.com cost $150.000 or more because Städtereisen.de was sold in 60K.... German like their .de in IDN more than a german IDN .com I think the same will be in chinese, japanese and korean as more years pass by. Like someone said correctly a kanji implies something more than its simple writing, for some languages it will be same with the extension.

Im glad for everyone investing in IDNs, this is good news.
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Old 29th March 2006, 10:33 AM
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Re: IDN sells for $60,168

Quote:
Originally Posted by idnceo
In my perspective, another big impulse to the idea of IDN .cctld can be stronger than the .com in several languages. Though i can expect a reply from some people saying the investor bought the .de because he couldnt buy the .com and that Städtereisen.com cost $150.000 or more because Städtereisen.de was sold in 60K.... German like their .de in IDN more than a german IDN .com I think the same will be in chinese, japanese and korean as more years pass by. Like someone said correctly a kanji implies something more than its simple writing, for some languages it will be same with the extension.

Im glad for everyone investing in IDNs, this is good news.
Yes, but dot com will soon manfest itself to Japanese as a Kanji extension!
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Old 29th March 2006, 10:36 AM
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Re: IDN sells for $60,168

Quote:
Originally Posted by idnceo
In my perspective, another big impulse to the idea of IDN .cctld can be stronger than the .com in several languages. Though i can expect a reply from some people saying the investor bought the .de because he couldnt buy the .com and that Städtereisen.com cost $150.000 or more because Städtereisen.de was sold in 60K.... German like their .de in IDN more than a german IDN .com I think the same will be in chinese, japanese and korean as more years pass by. Like someone said correctly a kanji implies something more than its simple writing, for some languages it will be same with the extension.

Im glad for everyone investing in IDNs, this is good news.
This might be true for the Germany and Japan. In China, global companies would rather trust ICANN than the local Chinese authority to govern their domains.

And what about people in Latin America? A generic .com there will be much more important than .py or .ar.
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Old 29th March 2006, 10:43 AM
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Re: IDN sells for $60,168

Yes, where languages cover more than country, then gTLDs and dot com in particular will dominate.

It must be true with Spanish and Arabic as it has been with English. Other languages that span frontiers are Russian, Chinese, Farsi, Urdu, Bangla, Hebrew, Hindi, Punjabi and Tamil.
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Old 29th March 2006, 11:03 AM
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Re: IDN sells for $60,168

Quote:
Originally Posted by Explorer
This might be true for the Germany and Japan. In China, global companies would rather trust ICANN than the local Chinese authority to govern their domains.

And what about people in Latin America? A generic .com there will be much more important than .py or .ar.
cmon u can compare the impact of IDN in latinamerican countries vs. china or japan, from musica.com to música.com, it is minimal the change but from music.com to 音楽.com different story.

Anyway the discussion of which countries and languages will go for .com or ccTld was on another thread. German like and pay more for IDN.de , same i think it will be in Japan and China. Who knows but right now it is just speculation but im sure they will follow the same .de path for these 2 languages; arabic and spanish will go for that .com
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Old 29th March 2006, 12:30 PM
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Re: IDN sells for $60,168

Quote:
Originally Posted by idnceo
cmon u can compare the impact of IDN in latinamerican countries vs. china or japan, from musica.com to música.com, it is minimal the change but from music.com to 音楽.com different story.

Anyway the discussion of which countries and languages will go for .com or ccTld was on another thread. German like and pay more for IDN.de , same i think it will be in Japan and China. Who knows but right now it is just speculation but im sure they will follow the same .de path for these 2 languages; arabic and spanish will go for that .com
The CHANGE might be minimal, but the OWNERSHIP of música.com is just as (if not more) rewarding as the ownership of 音楽.com
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Old 29th March 2006, 01:46 PM
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Re: IDN sells for $60,168

Quote:
Originally Posted by Explorer
música.com
that's probably one of the most valuable IDNs
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Old 29th March 2006, 01:59 PM
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Re: IDN sells for $60,168

Quote:
Originally Posted by OldIDNer
that's probably one of the most valuable IDNs
My point exactly.
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Old 29th March 2006, 02:29 PM
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Re: IDN sells for $60,168

Quote:
Originally Posted by idnceo
German like and pay more for IDN.de
Do you guys think that ascii .com german domains that use the "ae"combinations for diacritics/umulauts may retain some value/be typed-in?
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Old 29th March 2006, 02:33 PM
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Re: IDN sells for $60,168

LIke somebody once said , we are just Debating a Width of a , bottom line there will be few choices to choose from, com , net , idn.idn ..... IMO it doesnt Matter




Quote:
Originally Posted by idnceo
In my perspective, another big impulse to the idea of IDN .cctld can be stronger than the .com in several languages. Though i can expect a reply from some people saying the investor bought the .de because he couldnt buy the .com and that Städtereisen.com cost $150.000 or more because Städtereisen.de was sold in 60K.... German like their .de in IDN more than a german IDN .com I think the same will be in chinese, japanese and korean as more years pass by. Like someone said correctly a kanji implies something more than its simple writing, for some languages it will be same with the extension.

Im glad for everyone investing in IDNs, this is good news.
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Last edited by thegenius1; 29th March 2006 at 02:39 PM..
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Old 29th March 2006, 02:33 PM
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Re: IDN sells for $60,168

Quote:
Originally Posted by OldIDNer
Do you guys think that ascii .com german domains that use the "ae"combinations for diacritics/umulauts may retain some value/be typed-in?
How is Unicode version input? If typing "ae" give you umulauts in Unicode then they are dead, if not they will probably fade out slowly.

Quote:
Originally Posted by thegenius1
LIke somebody once said , we are just Debating a Width of a , bottom line there will be few choices to choose from, com , net , idn.idn ..... IMO it doesnt Matter
Another Duckism, I am afraid!
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Last edited by Rubber Duck; 29th March 2006 at 02:35 PM.. Reason: Automerged Doublepost
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Old 29th March 2006, 02:39 PM
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Re: IDN sells for $60,168

The .de extension seems to have unnerved some people, possibly because we are all short of .de's due to the strict registration requirements the Germans have. However, the evident high local appeal of such a name is not exceptional. Rather, it represents the rule that local and personal appeal will often take precedence over more universal and grander generic terms.

"Städtereisen" means more accurately, "cities tours" (with the city in the plural), and for the German-speaker easily conjures up images of travel, and particularly supervised travel, to various places near and far. It is a pungent, evocative term, that could easily be turned to good advantage by the right travel company. I guess that this was a sale to an end user, and not a speculator.

Of course, prices like this (and better in the future), do not depend on our wishful thinking or philosophical outlook. They depend on a particular motivated buyer appearing at the right time. Good specific names that have a commercial application will command high prices. If you have any such names, value them highly and, if you are able, be patient, hold tight and wait for the right buyer to appear.

Regards

Last edited by vgemito; 4th April 2006 at 05:31 AM..
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