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Geodomain

Summary

The term geodomain refers to domain names that are exact matches[1] in spelling to geographic locations, such as cities and countries. They are unrelated to the ccTLDs such as the .us country code domain. Examples of geodomains are Atlanta.com, LosAngeles.com, Texas.com and LongIsland.com. Since geographical names are limited in number, and have good name recognition, geodomains are valuable, with the .com extension valued the most. Geodomains tend to provide a virtual representation of the locations they serve—for example, Hawaii.com is heavily tourism focused, while Syracuse.com and Madison.com have more local content. Collectively, geographic domain names are estimated to represent approximately over 500 million dollars a year in gross hotel bookings alone. [citation needed]

Seizure of France.com edit

Unlike United States law, GEO domains and trademark rights may be treated differently around the world as in 2018 the European Country of France successfully seized France.com from its owner, a Miami, Florida resident,[2] who according to a lawsuit filed in California[3] had lawfully owned and used the domain name in commerce since 1994. This was an unprecedented occurrence where the registrar, Network Solutions (Web.com), was intimidated by a French Court Order, despite the lack of jurisdiction, and transferred the domain name to the complainant without notifying the owner of France.com, Jean-Noel Frydman, who is suing and will likely take years to sort out.[4]

Industry conferences edit

  • In 2008 the GeoDomain Expo was held in Chicago from July 10–12.[5]
  • In 2010 the GeoDomain Expo was held in New Orleans from April 28-30[6]

Highest reported sales edit

Many geodomains were reported to be sold for high amounts. Among them:

Domain Sale price Sale date Source
China.com $11,700,000 2013 [7]
Korea.com $5,000,000 2000 [8]
California.com $3,000,000 2019 [9]
England.com $2,000,000 1999 [10]
Russia.com $1,500,000 2009 [11]
Melbourne.com $700,000 2007 [12]
Macau.com $550,000 2006 [13]
NewZealand.com $500,000 2003 [14]
Longisland.com $370,000 2010 [15]
Pensacola.com $150,000 2018 [16]

See also edit

References edit

  1. ^ From Brandable to Exact-Match Geo Domain Making $1.5M Per Year – With John Colascione
  2. ^ France Seized France.com. This Miami Man Is Suing To Get It Back
  3. ^ This Man Is Taking France to Court to Win Back France.com
  4. ^ Insane: France Seizes Geographic Domain Name France.com with Help from Web.com
  5. ^ 2008 GeoDomain expo coverage story
  6. ^ 2010 GeoDomain expo coverage story
  7. ^ China.com sold for $11.7 million – HongKong.com also sold
  8. ^ BusinessInsider.com.au
  9. ^ Mark Thomas Closes Biggest GeoDomain Sale We've Ever Reported - California.com Goes for Millions
  10. ^ BusinessInsider.com.au
  11. ^ Sedo Brokers Industry's Second Largest Geo Domain Sale Russia.com Sold for $1.5 Million by Leading Geo Domain Developer Paley Media
  12. ^ High-profile Australian web domains up for sale
  13. ^ Macau.com sells for $550,000
  14. ^ New Zealand Government Pays $500,000 for newzealand.com
  15. ^ Commack company owns longisland.com domain name
  16. ^ Herrholz owned Pensacola.com domain name

External links edit

  • The Future Of Geo Domains: Chicago.com Makes $125K In 1st Year Of Selling SubDomains & Email Addresses
  • City dot-coms still waiting to strike it rich article