Wyckoff, NJ (PRWEB) November 2, 2004
Less than 4 months after the recent sale of CreditCards.com for $ 2.75 Million, the Spanish counterpart is on the blocks, but this domain name has some company which makes it even more intriguing.
The sale includes not one, but four domain names in the Spanish and Portuguese language that will make a financial institution very happy someday, claims their owner, Mark Colyer.
ÂIÂve owned TarjetadeCredito.com and TarjetasdeCredito.com since 1998Â, explains Colyer, who joined the internet cyber real estate rush after reading about Business.com selling for $7 million. ÂI immediately went out and targeted high quality Spanish domain names because I knew all the great English names would be gone.Â The Portuguese additions, CartaodeCredito.com and CartoesdeCredito.com followed shortly after when Colyer realized that Brazil was a major country located in South America that spoke the language.
ÂWhat a lot of people donÂt realize is the business of marketing credit cards on the internet is enormousÂ, said Geoffrey Gonzalez, President of Ahorre.com Marketing, a leading Spanish internet marketing firm. ÂCredit Card issuers pay internet marketers anywhere from $25 to $60 per approved application. This is the best model on the internet by far to make money, since the end user does not have to purchase anything and the site owner or marketer gets paid handsomely for a simple application approval.Â
ÂTarjetadeCredito.com and TarjetasdeCredito.com can easily bring in between $15,000 to $30,000 a month without any marketing, simply because of the traffic the generic domain name brings inÂ, says Gonzalez.
The challenge at this point for Colyer is that no affiliate or bounty type programs exist for the Spanish or Portuguese language, so the outright sale of the names is the only option at this time.
ÂIÂm finally getting some big credit card issuers to look into this from the affiliate standpoint, I get 10 to 20 hot inquiry submissions a day on the sites looking for a credit card, and most of these people are qualified from an income standpoint. Who knows how many more of the hundreds of visitors a day simply leave the site because I donÂt have a product to offer these Spanish language users.Â
U.S. Hispanic purchasing power alone has surged to nearly $700 billion and is projected to reach as much as $1 trillion by 2010, according to new estimates by HispanTelligenceÂ®.
The rate of growth is nearly three times the overall national rate over the past decade and will propel the aggregate disposable income of the nation's largest minority group to $699.78 billion in 2004, according to a HispanTelligenceÂ® analysis of data recently released by the U.S. Bureau of Economic Analysis.
With the recent sale of the Spanish domain name Viajes.com (Travel.com in Spanish) for $300,000, Colyer feels confident that the global internet is becoming more receptive to the Spanish user worldwide.
ÂItÂs been a long, fun road, but finally I feel that someone with some global business savvy will come along and either partner up to develop these names, or purchase them.Â
For more information, visit: http://www.tarjetasdecredito.com
Toll Free: 1-888-TARJETA
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