Mike Mann reported selling 7 domain names in March for a total of $122,700. Prices started at $7,800 and went up to $40,000.
Mike Mann sold 7 .com domains. The average reported domain sales price was $17,529.
But this is the average of just the reported sales. He didn’t share any of his lower sales in February.
Mike shared some data from a few random days in March that more closely describes Mike’s business:
Domains sold today: 13
Cost: very cheap 299,987 more to sell.
Domains sold so far today: 14
Domains sold so far today: 9
Domains sold so far today: 13
Here is what Mike said about the state of his domain business:
“I doubled the size of my domain collection to 350,000 over a few years.
I’ve doubled the average sales price of premium domains at http://DomainMarket.com from $1500 to $3000 in a few years, with help.
DomainMarket.com has doubled the number of domains for sale and doubled the average sales prices, during public markets and economy, making the company worth 5 times what it was worth just a few years ago.”
Here is a look at some of Mike Mann’s domain sales and acquisitions from March 2019. LinkChecker.com is the most money that I have seen Mike spend on the sales he has shared.
Domain name sales:
NotYourMothers.com $15,000. Purch. Nov 16, 2018 for $18
TheSacredFire.com $7,800. Purchased 3/11/11 $7.
BestVibe.com $9,000. Purchased 7/6/10 $9.
OneLoveFestival.com $15,000. Purchased 5.8.12 $70.
AmVis.com $20,000. Purchased 11/30/10 $70.
LinkChecker.com $40,000. Purchased 8/31/07 $11,000.
TheStride.com $15,900. Purchased 4/29/11 $7.
Domain name purchases:
Mike Mann is the owner of DomainMarket.com that offers more than 350,000 premium domain names for sale. Mike sells more domains as he is only reporting what he wants to report. Yes, his overall sales average is below $5,000 so the reported average means that there were quite a few not reported sales for less than $5,000.
I hope there is not someone that thinks that these are all the domains that Mike sold this month. These are just the domains that he chose to report. Also he is purchasing hundreds of domains each month yet he reports only 1 or 2 or not at all. If people were selling only what they were reporting then I wouldn’t have any sales this year!
(One thing to remember is that Mike Mann needs to sell about $2.5+ million worth of domains per year to break even and that he is NOT a flipper. The average holding time for his sold domains is usually more than 5 years.)
Here are all the Mike Mann’s sold domain name reports published on OnlineDomain.com since 2016: