Furniture.co.uk Sold for $700,000

Nice sale for a ccTLD.

Read more here: http://www.thedomains.com/2016/07/29/furniture-co-uk-sold-700000/

 

wow, is it too high that some guys will though that's waste of money. With $700k you can buy many many premium domains with related that domain or in the furniture market. just though so.

 

Keyword product names are very valuable.

 

"Currently we sell yearly $7,000,000 of furniture through BedroomFurniture.co.uk from a standing start in 2012 with only the domain name and no prior business or knowledge in this sector. We paid $60,000 for the name", the buyer said.

Interestingly, BedroomFurniture.co.uk is #30 on UK Google for "bedroom furniture".

 

That's a general keyword and it's not worth much, people usually search for specific keywords such as "bedroom furniture", "bathroom furniture", "kitchen furniture",...or sth like that, I though so.

 

$700,000 is not much to you?

 

The domain is not worth for that price, that's why I said $700,000 is too high for that name.

 

A buyer paid that much so the domain is worth that amount.

 

Ok, it's worth for the buyer, not for me and maybe other guys

 

But it's what others are willing to pay that ultimately matters.

 

Surprising. But I don't think it's so much valuable.

 

It's a really nice name and furniture is a big business and we all have them in our houses and everyone knows the name.

 

A domain worth as much as the right buyer is capable to pay. There is no such thing as too much and too expensive.

 

Buyer also bought Purple.co.uk for $158,035 USD.

 

Should be false.