Internet properties include not only well developed websites with a proven business model, but also domain names with extensions such as .com, .net, .ca, or .cn.. Just like real estate properties, good domain names are very often in short supply and in great demand. With over 90 million .com domains and close to 30 million .net domain names already registered, good domain names (the memorable ones as well as the generic ones) are considered to be valuable assets in the business world. Domain names may sell for just a few hundred dollars to a few million. With today’s major search engines’ advertising networks and the use of domains aggregators, a single good domain can generate a steady income stream for its owner, anything from a few dollars to several thousand dollars a day.
Aside from the much publicized sale of Business.com for a reported US$7.5 million in December 1999 and then its resale for $350 million in 2007, many domain names are still being traded at phenomenal prices today. Cellphones.com makes an average of over $1,000 a day by driving internet traffic to relevant links. The name was bought for $90 in 1996 and was sold for $4.2 million in 2005. Even longer names are being taken as soon as they are put up for sale. WeddingCatering.com was sold for $10,000, and Greeting.com for $350,000. Vodka.com was sold for US$3.0 million in 2006; Pizza.com, bought in 1994 for $20, was sold for $2.6 million in April, 2008. Most recently, Russia.com was sold for an approximate $1.5 million and 64.com for $89,000. Additionally, Discover.asia was sold for $112,111.
iConsultants, a global business solutions provider is also the first among the consulting industry to have developed the iProperties Management Systems , a unique process / approach to dealing with the conceptual convergence of domain names as Internet Properties and the associated business ideas/models as Intellectual Properties, turning them into highly valuable business assets which we termed iProperties . Currently acknowledged as the industry leader in Domain Management; iConsultants manage a growing portfolio of sought after domains / iProperties for clients from all across the world.