DX.com – SOLD!
We acquired DX.com in order to try our luck in the Daily Deal space which is so hot right now. We got a terrific development partner and with the help of Logo.com who did a knock up job with our Logo Design , we built a brand. Our traffic was building steadily. Our Alexa rank quickly fell from 2.8 million down to 500,000. And then…we sold it. DealExtreme.com, a company out of Hong Kong contacted us just shortly after launching DX.com. They made us an offer which we turned down. After negotiating for about 10 days, we finally settled on a price and decided to sell the site. It was kind of sad to shut it down without giving it a real shot at growing into the next Groupon, but sometimes you just have to take what’s handed to you and move on to the next thing.
So that’s what we did. We’ve got a few more great projects on the horizon and we’ll keep you updated. Thank you DealExtreme.com!!!
News Blog Posts:
The Competitive World of Drop-Catching Expired Domains Drop-catching is a fascinating and highly competitive practice within the domain industry, focused on acquiring expired domain names the moment they become available for re-registration. Expired
Cutting Renewal Costs: A Domain Investor’s Guide to Lean Portfolios In the world of domain investing, profitability often hinges not only on the domains one acquires but also on how efficiently those assets are maintained over time. While acquisition strategies
Domain Auctions and the High Cost of Competitive Overpayment In the intricate world of domain name investing, few phenomena are as financially damaging and psychologically draining as the tendency to overpay at auctions due to bidding wars. The auction system,
The Role of TLDs in Shaping Domain Value In the domain name market, one of the most significant factors influencing the value of a domain is the choice of top-level domain (TLD). A TLD is the part of the domain name that follows the final