Monday, February 11, 2008

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"I just bought 400 NNNNN.com's. Now what?"



If there was a retail store for only NNNNN.com's, that store would now look like the 3pm state of BestBuy on Black Friday (the day after Thanksgiving sale) with its unstocked shelves and depletion of on-sale items. Shoppers will find that it is too late to get in on that SanDisk 4 Gigabyte Cruzer Micro USB Flash Drive for $5.00. And those 2 for $2 DVDs are gone too.

If you are just learning about the impending full buyout of NNNNN.com's, pure numeric domains consisting of five digits, then you're about 7 hours too late for the early bird specials. What's left in the quickly evaporating inventory is something south of 13,570 12,764 12,405 NNNNN.com's, down from 19,346 a week ago. Using data being (nearly hourly) updated by Domain Magnate here, it is not hard to imagine (see the graph above) that a full buyout will happen within a week by Friday.

So, what if you have a few hundred or thousand of these numeric treats? First, park them. Second, wait for the prediction of Domain Magnate to come true: 'it’s highly believed that [once] these are all registered the minimum reseller price will go up within weeks.'

That's economics, baby! The law of supply and demand. If there's dwindling supply, then as long as demand doesn't dry up anytime soon, the prices will soar.

The third step? Keep buying - because the sale will end at midnight, figuratively speaking. Our suggestion: register any NNNNN.com without a zero or one; those numeric domains are potential wordnumbers. You never know when a Web 2.0 startup named GoFun or IMeTo will approach you for 46386.com, which is not yet taken.

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