The domain name RunningShoes.com has become the latest to sell for a six-figure sum, it has been reported.

According to Practical Commerce, the Web address was purchased by Chad Weinman of Chesterfield, Missouri, at a cost of $700,000.

Weinman told the newspaper that RunningShoes.com was a premium domain name, and “certainly worthy of a significant sum of money.”

He noted that the domain ranks on the first page of both Google and Yahoo searches, meaning it has the potential to attract a significant online trade.

“When we started negotiations, it was actually the number one result for the keyword ‘running shoes’,” he stated.

“That adds value to the equation and allows us to pay a higher premium for a domain name than we normally would for one that perhaps doesn’t have a ranking.”

The highest sum ever paid for a domain name and associated assets was the $16 million spent on Insure.com back in 2009.

RunningShoes.com domain name sold for $700,000
Tagged on:     

One thought on “RunningShoes.com domain name sold for $700,000

  • June 4, 2016 at 4:34 am
    Permalink

    Thanks a lot for giving everyone an extraordinarily
    nice opportunity to check tips from here. It really is very
    kind and full of amusement for me personally and my
    office mates to search your blog at minimum 3 times
    in 7 days to learn the new guides you have. And definitely, I am just
    always amazed concerning the tremendous thoughts served by you.
    Selected 3 ideas in this post are honestly the most efficient we have had.

Leave a Reply

Your email address will not be published.