25 Nov '12, 2pm

The Future Of Geo Domains: Makes $125K In 1st Year Of Selling SubDomains & Email Addresses

I had a chance to sit down with Josh Metnick who owns Chicago.com and started selling subdomains & email addresses ending in Chicago.com. In the first year, sales of subdomains and vanity email addresses using Chicago.com generated some $125,000 in revenue with virtually no marketing. Josh shared the numbers with TheDomains.com exclusively: “”Chicago.com is going well — our first year sales were approximately $125,000, but it’s recurring high-margin revenue. ” “First batch of yearly renewals came up — and the renewal rate was actually higher than 100%, which is interesting. ” “What that means — is that during the renewal process, our existing customers not only renewed, but they placed additional orders– significantly more than we lost. ” “I believe we lost five customers total in 14 months or so. ” “We are targeting around $250,000+ next year, maybe more if we do a deal w...

Full article: http://www.thedomains.com/2012/10/20/the-future-of-geo-do...

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