Wiscasset, ME (PRWEB) February 23, 2005
PowerGate Applied Learning Systems (P.A.L.S.) announced the company is offering its domain CashVendor.com http://www.cashvendor.com to the highest bidder in an effort to generate startup capital for P.A.L.S'. new online tutoring site, http://www.TutorBug.com. The company expects bidding to be brisk.
According to an article by Ron Jackson in the Domain Name Journal- (http://www.dnjournal.com/domainsales.htm ) "Pair of $50,000 Sales at Sedo Headline A Week With the Most 5-Figure Deals Reported To Date", Sedo.com had a banner week, taking 5 of the 10 positions on our list including a pair that tied for the top spot at $50,000 each. Those were Neighbors.com and Therapy.com.
Dale Porter of TheNameStore.com used Sedo to sell Neighbors.com. Sedo swept the top three spots, taking #3 with a German country code domain, VOIP.de at Â20,000 ($26,038). Sedo landed two more .de's in a tie for the 7th position. They also had two of those five-figure sales that finished just off the chart due to the large number of high level sales this week."
P.A.L.S. president, David Davies, who recently sold his domain onlinetrader.com for $25k, said he believes CashVendor.com will fetch in the neighborhood of $44,000 based on several factors. Mr. Davies believes that four factors have the most influence on value (in addition to being a dot com - tld or top level domain). Those factors require that the domain name be short, easy to spell, easy to remember and capture a web site's orientation in two words or less. Mr. Davies went on to say that the implied applicability of a domain name can be critical to value. For example, a great, short (7 character) domain like alpaca.com is the same length as google.com. But, the name "alpaca" and its reference to the llama like animal valued for its wool of the same name is relatively obscure and of little interest to the vast majority of people searching the Internet.
CashVendor.com, on the other hand, targets one of the Internet's most popular and valuable consumer search topics, "loans". This domain is suitable for a directory of mortgage and loan sites (the current application) or as a stand-alone consumer loan site. The domain could work well for pay check loans, mortgage loans, car loans, home equity loans and many other spinoffs. A smaller, more focused niche for the domain would be any site dealing in ATM's or cash vending machines.
In an unusual move Mr. Davies said that besides an outright sale he would consider offering CashVendor.com as security towards an investment in his core Internet business, http://www.TutorBug.com. TutorBug.com provides online tutoring services for students of all ages and competencies.
For more information send an email to CashVendorSalefirstname.lastname@example.org or call Mr. David Davies at 207-319-7414.
# # #