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Domain Name Prices Rebounding in Post-Dot-Com Era, According to Artists & Associates Inc; photographer.com Sells for $133,000.


MCLEAN McLean, city (1990 pop. 38,168), Fairfax co., N Va., a suburb of Washington, D.C. Manufacturing includes foods, satellite components, and computer and telecommunications equipment. , Va. -- After holding photographer.com for 10 years, Blake Newman sells the domain name for $133,000. Despite an industry average of less than $10,000 for domain names, this may signal a rebound rebound (rē´bownd),
n/v 1. a recovery from illness.
n 2. an outbreak of fresh reflex activity after withdrawal of a stimulus

rebound adjective
 in domain name investing.

While this sale may seem significant in the post-dot-com era, Newman is comfortable with his decision because he has seen highly successful companies rely on domain names that have little to do with their mission, product or service, e.g., google (Google, Mountain View, CA, www.google.com) The largest search engine on the Web, founded by Larry Page and Sergey Brin, two Stanford University students. In 1996, they developed their "BackRub" search engine, named after its unique page ranking method (explained below). , yahoo, amazon Amazon, in Greek mythology
Amazon (ăm`əzŏn), in Greek mythology, one of a tribe of warlike women who lived in Asia Minor.
, monster, napster and ebay.

"It is the reputation of my great photographers, our professionalism professionalism

the upholding by individuals of the principles, laws, ethics and conventions of their profession.
, training and team concept that brings clients to our website, not our domain name," says Newman, president of Artists & Associates, "I believe that people will still visit us at artists-associates.com because of our great reputation, not simply because we had owned photographer.com."

Newman still owns over 350 domain names and is considering a contest, survey or test marketing to see which domain name might be the catchiest or easiest to remember. On the top his list are: PHOTOSTRATEGY.COM, PICTURE-QUEST.COM ARTISTSCAFE.COM, PHOTO-AGENT.COM, PHOTOGRAPHERAGENCY.COM, PICTO-GRAPHX.COM, PHOTOGRAPHERS-REP.COM, and PHOTO-CORPS.COM.

Company Bio:

Founded in 1997 by Blake Newman, Artists & Associates Inc serves the photographic industry by featuring high-caliber photographers and presenting them and their images in a way that consumers may research, evaluate and commission them through a secure and convenient online reservation system.

Newman plans to take the proceeds of the sale of photographer.com as seed money to expand his online procurement software Procurement software is business software that helps to automate the purchasing function of organizations. Activities including raising and approving purchase orders, selecting and ordering the product or service, receiving and matching the invoice and order, and paying the bill is  and reservation system to a global audience featuring photographers around the world. Please look out for us at artists-associates.com to discover which domain name wins the survey.
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Publication:Business Wire
Date:Aug 2, 2005
Words:285
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