[news release] Right Of The Dot™, LLC announces it is the exclusive broker for Sale.com, the most popular word in retail and e-commerce.
This premium domain name is now for SALE and will be auctioned off to the highest bidder above the reserve set by Right of The Dot™, the domain name expert brokers. This is likely to go down in history as one of the biggest domain name sales in history along with the likes of other historic domain name sales like Sex.com, Fund.com, FB.com, Business.com, and Diamond.com, which all sold for between $7.5 million – $13+ million each. Sale is the most popular name in retail and is an excellent branding opportunity for a number of different retail or e-commerce companies to uniquely position themselves to consumers.
Ownership of Sale.com will allow a company to capitalize on a broad range of retail sales online. “The word ‘sale’ is a universal, international word not just known in the English language, but its definition and interpretation for buying, shopping, and bargains is known all over the world”; states Monte Cahn, President / Director at Right Of The Dot™, LLC . “Companies in the online retail space or those looking to enter the online retail industry and capitalize on the growing internet and e-commerce sales will want to look into purchasing Sale.com. This domain name appeals to any number of retailers, flash sale companies, hyper local retailers, affiliate marketing sites, shopping engines, search portals, consumer reward, or group couponing companies; the possibilities are endless as to who can and will benefit from such a lucrative and well known domain name.”
What might the potential be of the acquisition of a domain name like Sale.com? The possibilities are only getting bigger as worldwide online sales increase year over year. According to the U.S. Commerce Department, ecommerce sales in the United States alone totaled $194.3 billion in 2011.* EMarketer, a research firm, has increased its calculations for 2012, and now projects that U.S. online shoppers will spend $224.2 billion this year, over 15% more than 2011 spending. Both EMarketer and Internet Retailer posting reports showing similar, if not more growth of online sales in international markets as well, stating that growth rates in the UK and Japan e-commerce markets will increase 10 – 15% annually. China experienced a 130% increase in e-commerce in 2011 prompting Internet Retailer to predict that soon the Asian market will overtake the U.S. dominance in e-commerce. An Internet Retailer report forecasts 20% growth in China’s e-commerce each year through 2016. With all this market growth, predictions show that in 2013, global e-commerce sales will surpass the 1 trillion Euro mark and top $1.25 trillion U.S. dollars.
“The reason this is a once in a lifetime opportunity for a company is that this domain name, once purchased now is unlikely to ever be resold again”, explains domain industry expert Michael Berkens, Esq. Director at RightOfTheDot, LLC and president of WorldWide Media, Inc. and also a leading domain blogger for TheDomains.com. The new owner of Sale.com will be poised to grab a giant piece of this growing online retail market place.
Right Of The Dot, LLC, is an Internet consulting and advisement firm specializing in new and existing TLD strategy, board advisement, premium domain and market positioning, sales, and services. Both principle partners of RightofTheDot.com are experts in domain name brokering and responsible for over $300 million in domain sales. Michael Berkens, Esq. and CEO Monte Cahn possess a unique position in the domain industry, having dealt with all the major players in the field. The domain name experts at RightOfTheDot.com understand the changing landscape of the web. In addition to brokering domain names like Sale.com, they also offer domain name consulting of all types and new TLD contention resolution and private auction services.
Recently 5 companies paid $185,000 each for the right to acquire the .Sale, new gTLD. Some has estimated that a new gTLD could fetch up more than $50 Million dollars in auction. (www.thedomains.com/2011/08/27/from-the-dot-nxt-conference-the-top-auction-for-a-new-gtld-may-top-50-million/) thereby proving the value and demand for sale.com