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This Is Buying Time

Every one is talking about the economic crisis. Whatever may be the scene on global economy, from plumber to paper boy to pastor, every one has something to sell. People sell only because there is someone wanting to buy. And someone buys because there is a need for whatever it is. Despite the economic slump many of us are still on the move and getting the internet on the go.

Current scenarios offer opportunities for the worldwide industry investors, the domainers, that shouldn’t be overlooked. A recent auction report says more than 20 million dollars of cash - money was bid in about a day (8 hours over two days) by a handful of people who wanted to own just a smattering of domain names. Some of these names were good, many were just average, few would have blown the average man-on-the-strip’s hair back. All this happened during a week when markets were correcting, new credit/banking problems came to light, mortgage rates inched higher, inflation made headlines and generally bad stuff was foreshadowed to happen in the broader economy. And imagine - all this for something not even physical but the ‘virtual real estate’. Internet is targeting its audience in all possible fields while many real ‘brick and motor’ stores are rolling up shutters. There is still money, a lot of it like a lazy python in the under-bush, picky and choosy about what to target at!

A year or two ago, buying a few domains was difficult because the owners’ asking prices were too high for your liking. Or, maybe you wanted to start up a simple website and couldn’t raise the needed capital for the domain you wanted. Whatever the case may be, these hard times have changed many people’s valuations and priorities. Today, right now, domain sellers are far more approachable. Just a while ago, you couldn’t even think about buying any three character .com for less than several thousand dollars. Now you may be able to pick one up for a couple of hundreds. It’s easier for buyers to flex a little negotiation muscle in today’s situation. Potential names suited to the need of the hour, like obamastaxpolicy.com, obamapolicies.mobi, dot us, dot biz, jobhunts.org, jobhunt.us, jobhunts.mobi, jobhunts.info, and the like are available.

Get going. This is buying time!

By: AnuSiva

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