Toys.com sells for $5.1 million in heated domain auction
Toys ‘R’ Us is the lucky winner of Toys.com. The domain was bought by the toy store chain in a heated phone auction that took place earlier today at the final bid of $5.1 million. DirectNavigation blogged live from the auction here.
According to Domain Name Wire, the following bidders participated in the auction:
- 1-800-Diapers
- Toys ‘R’ Us via Eagle, LLC
- National A-1
- Schilling Aviation Corp (Frank Schilling)
- Socha APA David William Socha
- Faculty Lounge Partners
that's an amazing domain name and a scary price, but I would have to ask whether Toys R Us really needed it. They already rank up there for 'toys', so what's their business case?
I think their business case would be to strengthen their defensible traffic strategy, it's a lot of extra business this domain can generate.
And they can afford the one time investment.
No I do not think it is worth that much,they just got carried away! How can a name be worth that much?? It's what you do with a domain name to generate the traffic that counts.
What's in a domain name? wheww, huge price indeed. I can't understand why the argument should be heated when in fact they were all business minded persons. Anyhow, the deal was closed and voila, the name with a huge price was totally sold.
If you know, can you tell us on which site this auction took place?
Thanks!
Nice price, although I think it's worth much more.
I think it was a great deal. It shows that they "get it" – they'll reap the rewards of this domain for years – think about the next generation of internet kids who grow up knowing they can type in "toys.com" and get the toys r us site? great marketing move on their part.
The deal got finalized today.
It got very little mainstream coverage though since the weekend.. No news reports out at all besides the BBC who ran a story today.
Too bad !
Wow…thats an awesome domain name! Why would they sell it now..in this economy! Toys.com is worth way more than 5.1 millon. I'm confident it could easily go for 10 million on SEDO…even in the next month!
It's just an ego to defend their own trademark to be on top. They just being scared with another competitor
What's in a domain name? wheww, huge price indeed. I can't understand why the argument should be heated when in fact they were all business minded persons. Anyhow, the deal was closed and voila, the name with a huge price was totally sold.
Wow.. great price. do you know the reason, why it so expensive?
huge price for a domain name but I'm that people would search for toys.com more than ever before now that they have read this bit of news here. everyone would like to see what is this toy site got. I just opened the site right now post reading it here!!!!!!
The site now read http://www.toysrus.com
Toys.com what a fantastic name for them to have, It's worth every penny, it will save them a fortune in advertising, it is only the start, I have many TLD's, & want TOP $$$$$$ for them – voice recognition will I believe enhance their value -
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WOWWWW talk about earning huge money… I think that the previous owner of toys.com can happily retire with all the money he has after selling this …
I wonder how many toys can you buy for this much money…
This is a very huge amount. is it that necessary to buy that site.
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$5.1 million is a nice chunk of change, especially since the person who owned the domain only paid a few buck a year for it.
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Nice post
Yousers that is a lot of money for that domain name!
Mind you imagine the power that has in the search engines and how much money it can make and worst case is that they can always sell it on. Its just like property I suppose virtual real estate!
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Thats really good news for the domain industry
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Best domain doesn't mean success. With 5Mega$ investment, project should be absolutelly best. Not like sex.com basic monetization and flipping.
Great post- thanks for sharing this
I always get stunned when I see for how much popular domains are sold. However, when you see the big picture it's actually worth it.
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This looks like it was a very active site at one point but wasn't updated recently. Would be nice to reinvigorate it.
No I do not think it is worth that much,they just got carried away! How can a name be worth that much??
Great post. I appreciate the reading.
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Toys.com is a nice name.But this is a very huge amount.
Woa, that's a good motivation for the buyer to run business well to avoid wasting money.
The domain name is really an attractive one but I think it was over priced. Now when you have techniques like SEM you don't need to buy such expensive websites.
Wow, 5.1 Million dollars is a big money.
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Omg!! such sale on huge amount but i like the domain name its doesn't available easily nice decision to buy it.
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Good domain name. I think it worth more than $5.1 million because they will earn much more from this domain as it is quite easy to think and search toys.com.
Thanks for sharing!
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I think it's worth much more than you think.
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I wonder how long it will take them to get the value back from the expense of the domain name.
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That is a lot of money to pay for a domain. I know the domain toys.com makes sense for them, but the real question is cost justification. Joe barry
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I'm still waiting for a .net or .org or even a TLD to go in the million dollar range. For now though .com is still king.
Not at all surprising. I've seen people spending huge sums for exact match domain names. It makes a huge difference to the brand and your rankings in the search engines.
Thats really good news for the domain industry
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That's a huge amount of money! I'm really curious about the age of the domain and how many times it changed hands. Any idea?
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This is really an Interesting article, if you think that a Domain can be sold for that huge amount of money, that's something that you definitely need to consider.
There are a lot of premium domain that sold for the big money more than that.
Its a big money to investment to buy this domain. I think they will develop a business for the toys topics.
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This is an excellent domain name plus a scary price, but I'd ought to ask whether Toys R Us really needed it. They already rank up there for 'toys'
So what's their business case?
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Pretty nice return on investment for the guy who bought it first!
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$5.1 Million? Wow! If I could just go back in time and buy all those one-word domains.
wow!! no matter how you look at it.. that is a lot of money. yikes!
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That's just ludicrously insane. I can see the value in the name, but $51 million? The world's gone mad. (p.s.: I wouldn't complain if I was the seller, though! $51 million would do me very nicely.)
Obviously this domain name is extremely powerful.
To be perfectly honest, I would've thought that it would've cost Toys R Us more to buy it.
WHAAAAT?!? That price is ridiculous! Toys R Us are currently ranking 2nd for a general search of toys!? Do they really need this domain?
I can't see the extra traffic they'll generate is worth the price tag?
I would have liked to been in that bidding war. Anyone have 5.2 mil I can borrow
I think that the previous owner of toys.com can happily retire with all the money he has after selling this …
I wonder how many toys can you buy for this much money…
Wow, amazing that much money for a website. Too much money for a website, is it worth it?
It's very impressive! I think the price it's pretty good, but that's impressive to think that someone bought it for 5$ .. and sell it 5 millions…
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5.1 million for a domain is incredible. I wonder if that domain ever sold for $9.99 when it was first offered for sale..lol
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I've never had a domain go for that much obviously–still I have sold a few .coms for a pretty penny. Today its all about the website domain first.
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I just cant believe that all this is happening, anyways, web is future so let it be first multi million step.
Can someone please explain to me why it is worth so much? but then it is so simple and to the point suppose its all about getting on the first page search….groan…wish i was but this is all a bit greek to me at the moment
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