- Advertisement -

How Much is GLB.com Worth?

The Sales Roundup, GoDaddy Special: Why Ingles.com Sold for $400,000, and More

Last week, I published my first "GoDaddy Special" edition of The Sales Roundup, from the recent list of GoDaddy-facilitated sales that the company disclosed. In this...

Is NameCheap Going to Rebrand? This Suggests They Might…

NameCheap has had a great year so far. Recent financial statistics revealed to DomainNameWire show that the registrar has now hit 12 million domain...

Mike Mann Announces $94,888 Sale of LightRock.com

Mike Mann, the founder of DomainMarket.com, has taken to Twitter to announce his latest domain sale. According to Mike's tweet, he has sold the...

Data Driven: Unicorn Upgrades – When Did They Happen? – Part 2

Unicorn companies are privately held startups that have attained a valuation of $1 billion or more. A rare feat that only relatively few companies...

The Sales Roundup, GoDaddy Special: Why VanInsurance.co.uk Sold for $106,769, and More

This past week, GoDaddy disclosed a list of their top 20 domain sales for the month of June 2020. I'm going to be taking...

What is the value of the GLB.com domain name? Three-letter .COM domain names can range in value from the low five-figure range ($10,000) up to the seven to eight-figure range.

Why is GLB.com valuable?

Why are three-letter .COM domains such as GLB.com valuable? Well, let’s take GLB.com as an example here. GLB.com is one of just 17,576 three-letter .COM domain names that are in existence. There are over 127 million .COM domain names registered, which means GLB.com and the other three-letter .COM names represent just 0.014% of all .COM domains. Rarity makes GLB.com a highly valuable name, especially to investors who pay top dollar to own the world’s rarest names.
There’s also the question of trust and stability. By owning a three-letter domain name like GLB.com for your brand, you are displaying a sense of trust to your customers or clients. As a consumer, would you trust GLB.com or official-GLB.com more? The right domain name gives an instant sense of trust in a brand to anyone who visits the domain. A sense of stability and permanence also comes from owning a domain name like GLB.com. It shows a long term investment in a brand.
A three-letter domain name can also offer a company some security from data and traffic leakage that is commonplace amongst longer domain names.
These factors, and more, are why GLB.com is a domain name that has retained its value for two decades. The factors listed above are fine in theory, but let’s take a look at some examples of three-letter .COM sales to back up the overall value of GLB.com and three-letter .COM’s in general:

Case Studies

Real world usage of domain names is a key indicator of value, which is why we have put together a series of small case studies below. If several companies spend six, seven or even eight-figures on a three-letter .COM domain name, it demonstrates clearly that three-letter .COM’s play an intrinsic value in the online brand of savvy businesses. Read our case studies:
1. ICE.com
For years, Ice.com was the home of Ice Jewelry. But, in 2018 the brand decided to sell Ice.com and switch to IceTrends.com. Their Ice.com domain name was sold inside three days for .5 million. The buyer? Intercontinental Exchange Inc, a company that operates financial markets such as the New York Stock Exchange. Intercontinental Exchange secured Ice.com to largely protect their brand, redirecting visitors from Ice.com to the company’s main website, TheIce.com.
2. Kin.com
Homeowner insurance broker Kin managed to acquire the Kin.com domain name from tech giants Microsoft in an undisclosed transaction. Microsoft Kin was a short-lived mobile phone project, through which Microsoft acquired Kin.com. After the project was closed, the domain remained inactive until Kin made Microsoft an offer to acquire the name. Kin managed to secure Kin.com very early in their company’s lifetime, with the name in place as Kin secured million in funding.
3. DJI.com
Chinese drone company DJI used an early million funding round to go out and acquire its exact brand match .COM – DJI.com. The name cost the company 0,000, but it has become the global base for the company’s online brand. Thousands of customers from all over the World go to DJI.com every day to check out the company’s latest innovations. This level of customer acquisition would have been more difficult on a global scale if DJI used another domain such as DJI.cn, for example.
These are just three examples of three-letter .COM domains that have been acquired and put to use by brands willing to invest significant amounts of money into their online identity.
Another means of getting a face-value appraisal for GLB.com is to take a look at verified domain sales data.

Recent Sales

NameBio, a trusted resource for domain name sales, lists the following three-letter .COM sales in its database. There have likely been plenty more between 2015 and 2019, but they haven’t been publicly disclosed:
EKO.com – $1.5 million (2019)
NCC.com – $300,000 (2019)
PFF.com – $270,000 (2019)
DXL.com – $1.15 million (2018)
GAB.com – $220,000 (2018)
FXT.com – $150,000 (2018)
NWM.com – $325,000 (2018)
ICE.com – $3.5 million (2018)
EEN.com – $300,000 (2018)
URW.com – $195,000 (2018)
WJX.com – $150,000 (2018)
DAX.com – $500,000 (2018)
CPU.com – $180,000 (2018)
CAN.com – $155,000 (2018)
DXB.com – $220,000 (2018)
WMN.com – $200,000 (2017)
ETH.com – $2 million (2017)
WMP.com – $275,000 (2017)
DCC.com – $198,000 (2017)
BMT.com – $152,000 (2017)
LEV.com – $200,000 (2017)
FLY.com – $2.89 million (2017)
VPN.com – $976,730 (2017)
AUS.com – $345,000 (2016)
UED.com – $150,000 (2016)
ADA.com – $200,000 (2016)
BGI.com – $235,000 (2016)
MDF.com – $151,500 (2015)
LTD.com – $184,000 (2015)
QJS.com – $150,000 (2015)
OBE.com – $200,000 (2015)
IDO.com – $190,000 (2015)
DAR.com – $150,000 (2015)
QUA.com – $459,000 (2015)
PAX.com – $200,000 (2015)
SAY.com – $200,000 (2015)
PPP.com – $290,000 (2015)
HQB.com – $160,000 (2015)

Further Reading

James Iles, the founder of Iles Media, has performed a couple of interviews with the buyers of two high-value three-letter .COM domain names for their respective companies. These represent real-world usage and give a clear idea as to why domains such as GLB.com command such a high value. You can access the two interviews here (DUE.com), and here (RTS.com).

Conclusions

Working out the intrinsic value of the GLB.com domain name (without any attached content, IP or other considerations) is a difficult process. Automated appraisals cannot be relied upon, and ultimately it comes down to the circumstances surrounding the acquisition or sale of the three-letter domain (with associated factors including motivation to buy or sell, the need for the domain, funding available, and current circumstances).
However, it can be easily proven that domains such as GLB.com are highly desirable, and previous sales data indicates that this type of name routinely sells for five ($xx,xxx) or six ($xxx,xxx) figures. In some cases, this will be higher.

Talk to us

Do you own GLB.com or a similar domain name? Do you have the budget to acquire a domain name such as GLB.com? If you answer yes to either of these questions, get in touch with Iles Media to see how we can help you. Iles Media is an all-purpose domain name brokerage firm that calls on over ten years of industry experience to play a leading role in three-letter domain name acquisitions and sales.
Contact us using this form:
[formidable id=3]

Advertisement
How Much is  GLB.com  Worth?