What is the value of the Magpie.com domain name? Animal .COM domain names can range in value from the low four-figure range ($1,000-$9,999) up to the seven-figure range.
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Why is Magpie.com valuable?
Why are animal .COM domains such as Magpie.com valuable? Well, let’s take Magpie.com as an example here. Magpie.com is one of just a concentrated number of exact match, animal .COM domain names that are in existence. There are over 134 million .COM domain names registered, which means Magpie.com and the other exact match animal .COM names represent a very tiny percentage of all .COM domains. Rarity makes Magpie.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. If you’re called Magpie, then you need to own Magpie.com for your brand. By owning Magpie.com, you are displaying a sense of trust to your customers or clients. As a consumer, would you trust Magpie.com or GetMagpie.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 Magpie.com. It shows a long term investment in a brand.
Unfortunately, animal names such as “Magpie” are popular brand names. Because they’re commonly used, instantly recognizable names, it makes the equivalent .COM (Magpie.com) valuable since so many companies are interested in using it. That makes it an expensive prospect for a brand to acquire.
An exact match domain name such as Magpie.com for a company called Magpie can also offer that company some security from data and traffic leakage that is commonplace amongst longer domain names.
These factors, and more, are why Magpie.com is a domain name that has retained its value for more than two decades. The factors listed above are fine in theory, but let’s take a look at some examples of animal .COM sales to back up the overall value of Magpie.com and animal .COM’s in general:
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 or seven-figures on an animal .COM domain name, it demonstrates clearly that exact match animal .COM’s play an intrinsic value in the online brand of savvy businesses. Read our case studies:
Cat.com houses the worldwide homepage for the largest manufacturer of construction equipment in the world, with Wikipedia listing the company’s revenue as .5 billion in 2017. Caterpillar Inc, who also owns caterpillar.com, use “Cat” as one of their main brand names. According to DomainIQ’s WHOIS history, they’ve owned the domain since at least 2003 when DomainIQ’s records began. “Cat” is also the NYSE stock ticker symbol of the company.
This marine based domain name shows precisely the wide range of uses for animal/wildlife names. The Shark.com name is owned and operated by a former golfer. Australian Greg Norman, nicknamed The Shark, spent 331 weeks as the world’s number one golf pro. After retiring, Greg created the Greg Norman Company, formerly known as Great White Shark Enterprises. Shark.com houses Greg’s multiple ventures.
Goat is a common animal name, but often it’s used as the acronym for “Greatest Of All Time”, which is widely appropriated in sports in particular. The Goat.com domain name was acquired by GOAT, a luxury apparel wear brand that offers shoes and garments from brands such as Yeezy, Air Jordan, and Off White.
These are just three examples of animal .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 Magpie.com is to take a look at verified domain sales data.
NameBio, a trusted resource for domain name sales, lists the following animal .COM sales in its database. There have likely been plenty more, but they haven’t been publicly disclosed:
Snake.com – $135,000 (2019)
Walrus.com – $55,000 (2018)
Gorilla.com – $496,320 (2019)
Bird.com – $200,000 (2005)
Pig.com – $125,000 (2010)
Coyote.com – $65,000 (2011)
Pug.com – $61,000 (2016)
Hornet.com – $60,000 (2017)
I wrote an article for NamePros in 2019 about how certain animal domain names are being used. You can read that here Some of the content here is quoted from that article.
Working out the intrinsic value of the Magpie.com domain name (without any attached content, IP or other considerations) is a difficult process. Automated appraisals cannot be relied upon, and ultimately it comes down to the circumstances surrounding the acquisition or sale of the domain (with associated factors including motivation to buy or sell, the need for the domain, funding available, and current circumstances).
However, it can be easily proven that domains such as Magpie.com are highly desirable, and previous sales data indicates that this type of name routinely sells for five ($xx,xxx) or six ($xxx,xxx) figures. In some cases, this will be higher.