June 16, 2006; 07:04 AM Texas.St and 27 other individual “State” or ‘st’ domain names are up for an internet auction at www.lovethename.com.
Industry insiders predict a frenzy over the new worldwide accepted
domain extension which so easily associates itself with any ‘state’.
The domains presently owned by Bill Roy, a domainer in England
"In an internet world the internationally recognized and accessible
domain suffix “.St” is new to most people, but that is one of the
domains beauties- it is strikingly relevant and yet novel, making the
State domain names an excellent proposition for a companies to easily
develop” says Bill Roy. ‘If we take Texas as an example, it is the
advertising, marketing, and product or brand recognition that can be
associated with the domain name that makes it so powerful and valuable.
With a population of over 20 million and being the eighth largest
economy in the world, it makes Texas one of the largest geographic and
economic units available. When it is considered that the .St is
automatically recognized as the abbreviation for ‘State’ you could not
ask for a better domain name.”
"These domains are at the cutting edge of internet marketing" says
Rever Thabiti, VP Sales and Marketing at Lovethename.com. "Imagine the
advertising power behind the State domain, absolutely anything and
everything to do with the State can be housed logically under one
internet address. A prime example is the very fact the Texas Government
site address is a convoluted www.state.tx.us.
With “Texas.St” being one of the new domain names available, the
options are endless. The sure volume of immediate traffic even by
happenchance is tremendous.”
"Additionally," adds Roy, "in an internet marketing world that is
constantly shrinking, and yet hamstrung by convention, these domains
allow for novel and immediate impact. Each of the State domains are
prime internet real estate property, and in a world of fluctuating
share markets these domain names allow the investor to monopolize and
develop markets that are utilized by millions of people every month.’
Beth Loehrke , Sr. Account Manager and media spokesperson for
LoveTheNAme.com comments, "The hardest part of organizing the auctions
was debating the opening bid price for the individual States. We had to
take into account recent domain sales like Uruguay.com ($175,000),
Bogota.com ($159,500), Paraguay.com ($150,000), Nav.no ($717,918) and
last weeks reported sale of Malta.com ($250,000). In the end it was the
Malta.com sale where we decided to start from and all the individual
States have been priced at an opening bid of $250,000 each, with the
exception of Texas.St, which has been set at $500,000 due to its size
and economic importance. It has also decided not to put a reserve on
any of the States, so the opening bid is a true starting bid and we
will let the auctions find the true value of each State, whilst the
sale of the whole portfolio is expected to easily exceed $10 million.’
The 28 State domain names being auctioned at www.lovethename.com are: www.Arizona.St; www.Colorado.St; www.Georgia.St; www.Hawaii.St; www.Illinois.St; www.Iowa.St; www.Kansas.St; www.Kentucky.St; www.Louisiana.St; www.Maryland.St; www.Massachusetts.St; www.Michigan.St; www.Minnesota.St; www.Mississippi.St; www.Nevada.St; www.NewJersy.St; www.NewMexico.St; www.NorthCarolina.St; www.Ohio.St; www.Oklahoma.St; www.Oregon.St; www.Pennsylvania.St; www.RhodeIsland.St; www.SouthDakota.St; www.Texas.St; www.Utah.St; Vermont.St; and Wyoming.St
9LoveTheName.com is best known in the industry for stockpiling TLD’s
(top-level domains) and offering them to the public on a “name your own
price” basis to allow smaller investors a better chance to compete in
the lucrative Domain Name aftermarket. For more info please call
720-949-5252 or visit www.LoveTheName.com.
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