What is Most Expensive domain Name Ever Sold?

Are you browsing various sites to find out what is the most expensive domain name ever sold? As per the Guinness Book of World Records, Business.com is the most expensive domain name in the world. It was sold in 1999 for a price of $7.5 million to eCompanies. Business.com is now held by Marc Ostrofsky. Recent studies (as on January 2006) estimate that the most expensive domain name that has ever been sold is domain Sex.com. This expensive domain was purchased by Boston-based Escom LLC for $14 million.

Premium domain names are very expensive throughout the world. In today's online market, the .com domain names are the most desirable. So such domain names are sold at high rates. Usually short domain names are reported as the most expensive domain names. Short domain names inevitably attract more bidders since these names are easy to bear in mind. Meaningful and catchy names are hot favorites and people are willing to spend any amount of money on trendy domain names.

To sell domain names at very high prices, create domain names which are easy to read. Most of the large sized businesses buy the most expensive domain names to increase targeted traffic to their website and increase their brand awareness, attract new customers and to increase sales rate. The most expensive domain names do not actually need marketing or advertising, but automatically attract a high stream of visitors.

You can view a list of the most expensive domain names ever sold by various companies by surfing the Internet. Some of the most expensive domain names that have been sold are asseenontv.com, altavista.com, wine.com and creditcars.com for a price of $4 million, $2.6 million, $2.4 million and $2.2 million respectively. Now-a-days, many companies are emerging in this online money making business with the intention of selling good domain names at high prices without violating the rules pertaining to cyber squatting.

So when you dwell on the topic "What is most expensive domain name ever sold?" a number of domain names that have been sold over the years come to mind, with the focus on the latest most expensive domain name sale.