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Someone Explain This To Me

by momoneyman
7 replies
Why are some random 5-6 numbered domains selling at godaddy auctions for $500-2k each?

Example:

91218.com
125222.com
75589.com
62110.com
79897.com

All these domains have bids on them for $600-1k each. Why? I can register 5-6 number domains in these ranges for reg fee. What is the reason for this numbers selling?
#explain
  • Profile picture of the author PBScott
    I can't figure out why someone would buy them, are they "Selling" or just for sale ?
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  • Profile picture of the author pozas77
    I think this relates to demand by the Chinese market where numbers correspond to words.
    So while there seems to be high value on some numeric name domains seem high, you have to be careful that you are not buying at the high end.
    A good way of checking or appraising the value of domains is by getting them appraised at Estibot.
    You an then of course sell your domains at sites like Flippa.

    Thanks
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  • Profile picture of the author skypreet
    Numbered domains are very popular in Chinese market. While these domains means nothing to us, but Chinese play numbers game there.

    If you check 4.cn you would know that 4.cn is running better numbered domain auctions than GoDaddy. A 5 letter numbered domain is very valuable ranging from 5K to whatever buyer wants to pay. Depends on the number. There are premium numbers which sell for higher such as 8, 9, 2, 3 etc. A premium 6N domain can be sold for minimum $100.
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  • Profile picture of the author JohnnyFanta
    If you want to do an experiment, start with 8.com then 88.com and then 888.com etc all the way up to 888888888888888888888888.com and then keep going!
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  • Profile picture of the author WillBlanchard
    Numbers are considered very lucky in China culture.
    I have 2368913.com registered, and I made sure with my Go Daddy discount that the final pricing amount was lucky numbers too. It might seem crazy to some people, but even buying it on a lucky month and date adds to the value.
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  • Profile picture of the author adamZA
    definately a numbers game.

    Heck many Muslims will pay premium for 786 numbers. so assume the same would be for domain names.

    Locally, guys made decent money selling mobile phone numbers. Either easy to remember numbers, or numbers that chinese think are good luck.

    Also maybe the numbers are the same as a telephone number? (a bit of a stretch i know!)
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  • Profile picture of the author mckennaronnie
    Chinese buyers have changed the whole domaining industry this yr by spending massively on numerics & short domains.

    Crazy amounts of money being spent.
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