.com vs .ca (1.Viewing)

When an LLC company is inquiring!!



I am working with a couple of them at the moment on one word .ca's and have had two offers over 100k.

Given the fact I am dealing with mega large LLC companies I turned down both. Needless to say contact has not broken off and eventually I am hoping to close at least one of them.

I can let you in on at one of the deals because it is not a secret anymore....

I while back I made a bid of 1 million USD for pink.com and the owner stood firm at 1.2. Once I converted that to Canadian I decided it was a bit too rich for me. I then contacted a broker I knew and informed her that pink.com could be purchased for 1.2 million and that I thought VS Pink was the ideal candidate. A few months later VS announced the purchase of pink.com. Now I cannot say for sure what it sold for but one can only deduce at this point.

From there on I have been negotiating a deal on pink.ca with a broker and I told him that I know exactly who wants it. I can tell you we are well over 100k for offers on it at this point but I definitely will not be selling that low.


I predicted .ca would have the first million dollar sale this year ([notify]Bob Hawkes[/notify]) will attest to this and I stand behind that basically because it already happened with the sale of hush.ca. So much so that I think there may even be a second million dollar deal in the works eventually.

I am currently working on one I cannot disclose and I can tell you that it will not sell unless I get the million.




PS. I have all the emails documenting how I facilitated the pink deal and I think VS is going to totally rebrand to pink. There are enough VS and VS Pink stores in Canada that I should be able to get considerably more for the .ca domain. If not, I will just hold and wait for the next Canadian Company that wants an absolutely amazing .ca domain.
 
I think in general the 10% figure is thrown out and to me that would be the bottom.

There are definitely cases where it could be much higher than 10%, and it depends on a lot of things.

One way to think of it is, think of Canada as another state like California in population, where .ca is highly recognized and trusted, and maybe most importantly there is high internet penetration, high rate on online shopping and use, good income levels, and an internet savvy population. As a market for an online venture, Canada is pretty top of the line, majority English speaking, and right next door to the US which makes logistics easier for US companies and imports/exports. If you are a big enough company maybe the .com is enough, but as well you probably want to protect that brand in a .ca if you have significant operations in Canada, or plan to.

Often though it is hard to compare .com vs .ca prices, because the .com has been owned forever by a company, or it sold 10 years ago so the price is outdated.

Voice.com sold recently for $30 million, does that make Voice.ca worth $3 million US?

I have an example in past year where I was offered 2k range by a broker for a .ca, then did some research. Broker then asked what price do you want, and I just replied I'd rather deal with the decision maker and not a broker in this case. Later I saw the .com version of the same domain sold for mid xx,xxx range also in past year. Given I know the company operates in US and Canada, I would not be asking %10 of the .com price (mid x,xxx). In this case I'd probably be looking for at least $20k, so that would be around 40% of the .com sale. Maybe even a little more, as the name has a couple more potential uses.
 

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