Wealth.com Domain name 25th auction starting from 2.9 million

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June 9 News, according to foreign media reports, June 25, domain name broker Sedo will auction wealth.com domain name. Holcaum Tessa Holcomb, the Sedo brokerage and acquisition senior consultant, said Wealth.com's auction price was 2.9 million dollars.

Analysis points out that universal domain names are expensive, mainly because netizens are more willing to click on ads with generic words. For example, the price of loans.com is 3 million dollars; Funds.com is close to 10 million dollars.

But the analysis also points out that potential buyers of wealth.com domain names are not start-ups that want to launch new business with this name. It is difficult to succeed in this way. The likely outcome is that an existing enterprise buys the domain name to improve the search rankings and redirects users who visit the site to their company's Web site.

The analysis also analyzes that the most favored wealth.com domain names are financial services institutions such as banks, wealth management companies, asset managers, brokerage firms and trust companies. At the same time, Money.com, a media company that specializes in wealth content, such as CNN, or a direct marketing company like Herbalife and Amway (Amway), is also fit to use the domain name.