Seller of Masks.com drops asking price (10.Viewing)

MapleDots · Jan 17, 2021

Last month I wrote about the website Masks.com going up for sale on Flippa. The starting price was $975,000 and the other part of the equation was that the ownership of Masks.com did not come in the deal.

Read more:
https://tldinvestors.com/2021/01/masks-dot-com-price-drop.html

Article by my friend Raymond Hackney at TLD investors.com

Nafti · Jan 17, 2021

It’s interesting that you’re not actually buying the domain name. Also,

“The lease is currently $499 a month, in 2021 it will go to $1k a month, in 2022 $2,500 a month, in 2023 $4,000 a month then it will increase 4% annually.”

Some may find it pricey to be paying $4000/month just for the domain alone but I believe if you have a business plan in place where the masks are drop shipped, it could work. No inventory. Mind you, you would have to sell a lot of masks but the domain would sell itself.

Esdiel · Jan 17, 2021

It's not the kind of set up I would want but 4000/month is more than reasonable when compared to what businesses pay for their storefront rent.

I can't help wonder about mask.com, the singular version, and what the price for that is.

Apparently it was last listed on Brand Bucket for 2 million usd, according to this August 2020 article (note: it was also the highest priced domain on BB at the time): https://www.thedomains.com/2020/08/13/mask-dot-com-brand-bucket/

If you visit the domain today it still points to brand bucket but says: "MASK.COM IS NO LONGER FOR SALE ON BRANDBUCKET".

Maybe it sold recently?

MapleDots · Jan 17, 2021

So easy to make a domain similar for free, just imply a better mask like maskplus.com and get creative. Then invest the 4k monthly (48k yearly) into some advertising and chanced are you will make a good living.

All that said, masks are a poor example, there really is no more money to be made there by a single company. They are giveaway and throwaway at this point.

DomainTrader · Jan 17, 2021

MapleDots said:
So easy to make a domain similar for free, just imply a better mask like maskplus.com and get creative. Then invest the 4k monthly (48k yearly) into some advertising and chanced are you will make a good living.

All that said, masks are a poor example, there really is no more money to be made there by a single company. They are giveaway and throwaway at this point.

I agree 100%

DomainTrader · Jan 17, 2021

MapleDots said:
Last month I wrote about the website Masks.com going up for sale on Flippa. The starting price was $975,000 and the other part of the equation was that the ownership of Masks.com did not come in the deal.

Read more:
https://tldinvestors.com/2021/01/masks-dot-com-price-drop.html

Article by my friend Raymond Hackney at TLD investors.com

Leasing is a marginal area of the domain space as it is and a NEVER ending lease just seems like a bad bad idea
Almost like hitching your sales wagon to Twitter
Bad idea

DomainRecap · Jan 17, 2021