LLL.co.uk price going down

bensd · May 31, 2011

Seen a few LLL.co.uk sell for below £300 lately - some even at low £2xx.

Do you think this is to do with the LL.co.uk release or has no one got any money?

rob · May 31, 2011

I have bought two recently one for £1500 and another for £550

The last one I sold went for £2280.

DL has them going 'cheap' but I think that is also todo with awareness.

bensd · May 31, 2011

rob said:
DL has them going 'cheap' but I think that is also todo with awareness.

That's my point though, if they're that 'cheap' why aren't more domainers bidding on them (hence pushing the price up)?

orchardapple · May 31, 2011

perhaps like myself i question the 'use' of these LLL domains, quite how they fetch mid £xxx and higher prices is beyond me when other more product related domains fetch next to nothing

foz · May 31, 2011

I've bought a few (20 or so) in the reseller market but never sold one. The end user interest is not great.

julian · May 31, 2011

I buy them but I don't know why - I guess they might come in useful for something

doodlebug · May 31, 2011

I have seen them going for next to nothing but probably because any domain trader now has there own stock to sell and don't need anymore, I am yet to purchase my 1st, I bid on one on DL but was outbid and can't afford more for it.

I will get some though, I would like some LLL.coms I have seen the profit that can be made on them :shock:

djbw · May 31, 2011

I'd like to buy one at some point just for personal/email use as I am highly unlikely to ever get my hands on an LL.co.uk the way things are being run...

anthony · May 31, 2011

djbw said:
I'd like to buy one at some point just for personal/email use as I am highly unlikely to ever get my hands on an LL.co.uk the way things are being run...

That's a waste mate, and it hinders a possible resell in the future. i'd plumb for a .me.uk for personal use, maybe a .org.uk if you're sure you won't shift it.

Bailey · May 31, 2011

doodlebug said:
I would like some LLL.coms I have seen the profit that can be made on them :shock:

Three letter .coms - i don't think i've even bothered looking for or at them since 1999/2000 and I was way late to the game

stender · May 31, 2011

I've never seen the point of them unless the letters fit your need or you setup a company to fit the letters. There's an intrinsic value because they are all registered but I don't get it myself.

djbw · May 31, 2011

anthony said:
That's a waste mate, and it hinders a possible resell in the future. i'd plumb for a .me.uk for personal use, maybe a .org.uk if you're sure you won't shift it.

A fair point. I was just thinking it might be nice...

namealot · Jun 1, 2011

A lot of the co.uk's are a waste of time they don't have the appeal or potential of the com's and never will that’s not to say that they don’t sell or make a return as long as you paid low (so many I’ve seen haven’t) You have to look harder or in most cases wait for a buyer to come along which can be a long time, My experience of having ones that match company initials even when there company name is so long and a abbreviation would really suit them, Getting them to think of using the abbreviation can be time consuming there are much better names to make % returns on in leaner or even prosperous times..…

Apart from the ones that are words in there own right personally found it near impossible other than selling to make any decent return on them has anyone? Easy to see why they lose there sparkle...

wb · Jun 1, 2011

namealot said:
Apart from the ones that are words in there own right personally found it near impossible other than selling to make any decent return on them has anyone? Easy to see why they lose there sparkle...

I think this will be the way that N/L/LL.co.uk domains will go too. Except for the ones which are well known acronyms (e.g. CV.co.uk) or recognisable company initials (e.g. MG.co.uk which was claimed in the sunrise period and is now in use), I can see many of them selling for an inflated price and being difficult to shift on to end users for a profit.

Edit: At a guess, I would imagine the average LL with decent letters is going to sell for over £1,000.

scottsmith · Jun 1, 2011

I own a few LLL.co.uk domains (about 80) and I'm getting a good number of offers from me listing them on Sedo, it's true that most of the offers are in the low £xxx area but just today I sold one for £1400 which I'm guessing wouldn't have fetched more than £350 on here or Domainlore. So there is a market for them as long as you are willing to wait long enough.

I going to buy another 4 or 5 with the proceeds of that sale

BG · Jun 1, 2011

Three letter domain sales.

I recently sold 3 three letter domains that totaled just under £20K, two of which sold via sedo so people are still buying them...

imo they are still a great investment, especially at the prices you can currently pick them up for, it only takes that one startup company or company rebranding to want that special 3 character combo e.g. one i sold was BGF.CO.UK that went to "Business Growth Fund plc" (businessgrowthfund.co.uk) who are a new startup with 2.5billion to spend...

There is a domain out there for everyone, it's just a case of finding that right buyer...

If people want to PM me there £250/£300 three letter domains, my inbox is now clear

BG

jasman · Jun 1, 2011

Most of the 3 letter domains have a value due to the much higher number of businesses who have a 3-word name (and who therefore might be interested in a short acronym) than the number of 3 letter combinations.

There is a small subset of the 3-letter combinations containing letters such as x or z which would be much less commonly used since company names beginning with these letters are much rarer, so probably there would be little demand for these domains except from domainers who wish to get a (fairly rare) 3-letter at an affordable price.

But basically it's a numbers game. There are only 17576 combinations and probably several hundred thousand companies in the UK with 3 words in their name. So there will be several companies and many individuals who have 3 names whose initials match each 3 letter combination. But only one can get the .co.uk. The main alternative, the .com, has a much higher value still due to global demand for each 3 letter combination. It's higher price means it wouldn't do as a substitute for the .co.uk as well. In fact if a UK company splashed out £XXXXX+ to get its 3 letter .com it would almost certainly pay £XXXX if it had to, to get the .co.uk.