Associated Cities has an interview with Larry Milton, who bought Branson.com for $1.6M.
You would think that million dollar sales of city domain names would be for huge cities like Houston, L.A., New York, and Chicago. That’s why the domain industry was shocked about the $1.6M sale of Branson.com, a town of just 6,500 permanent residents. Of course that’s not the entire story. Branson is a major tourist destination with 7M visitors annually.
Milton is a commercial real estate broker. He owns about 200 domain names, many of them related to Branson.
Milton had a good answer to Associated Cities’ question about the strengths and weaknesses of the GeoDomain subindustry:
Our industry is in very interesting times. One of our strengths individually are the “natural†visits we currently receive to our city dot-com sites from direct type-in traffic.
Collectively, we can and will be the source for city dot-com sites and offer value to national advertisers at many levels. We must continue to rally behind this effort while the opportunity exists. Our weakness is the “individualistic†thinking of some GeoDomain sites that have not yet joined forces with the 100 current Associated Cities members.
You can read the interview here.
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