Cheap domain names being sold by Yahoo
Yahoo has got another another plan to make some money for its own and to save a lot of money for domain investors. Last night Yahoo has sold contests.com in a live auction.
The amount for which it was sold for were only US$ 380,000. This is not a justified selling price as people normally searches the term contests very much. Either its beauty contests or writing contests every body try to get its hand on it.
Its not justifiable that Yahoo sold it for $380,000 if you look at previous sales we will see toys.com being sold for US$ 5.1 million even though the name and letters are much more costly but not that costly that it will fetch 15 times more than contests.com. Other sales that took place previously candy.com it was sold for US$ 3 Million.
Why yahoo failed to secure 1 million even for this name is not known. But the guy who has secured this domain has a very good luck.
If yahoo would have run advertises then they could have earned a lot from this domain even then best of luck to the new owner of contest.com
