10|29|2008 11:04 am EDT
Tucows launches YummyNames
Tucows (AMEX:TCX, TSX: TC) has just announced the launch of their YummyNames site, which lists domains from their portfolio of names for sale online. The company has before sold individual and groups of names directly and via various brokers and is now formalizing some of their offering under a new brand.
“YummyNames, the public face of our domain portfolio service group, provides an additional means by which to realize the value of our domain portfolio assets to drive continued growth for the Company,” said Elliot Noss, President and CEO, Tucows.
There are “ten thousands of names” listed on the site; Tucows’ portfolio is estimated to contain more than 70,000 domain names. Sample names listed for sale are countryrock.com, divorced.com, lemons.com, listener.com, mygarden.com, thepub.com, tool.com and veggies.com. While the site stats that “These premium domains are priced starting at $500 USD”, it appears that none of the names has actually listed a fixed price at this point. Names are being offered for purchase or lease. The site lists previous clients such as: Bell Mobility, CanWest Global Communications, EMI Music, General Motors, Grand & Toy, Harlequin Enterprises, Johnson & Johnson, Microsoft, Nestle and RBC Royal Bank.
The Tucows domain portfolio mostly consists of names that were not renewed by registrants, as well as domain names that were purchased as part of the Netidentity acquisition. Some of the names now listed on the YummyNames website were part of those names that were accidentally auctioned off on AfterNIC in June of this year when the auctions were canceled after they had received pre-bids their conclusion.
Tucows joins a growing list of companies shedding the bulky portfolios and liquidating their domain name assets. Fabulous began selling off their expiring names through Namejet earlier this month, LiveCurrent announced the sale of domain assets yesterday, ppc company Oversee.net has sold portions of their portfolio recently, and domainer Rick Schwartz, who typically is not a liquidator put some of his domains up for sale sold a good chunk of his inventory at the last TRAFFIC auction as well.
[via Press Release]
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8 Comments
andrew
October 29, 2008 @ 12:00 pm EDT
Hundreds of thousands of names in its portfolio and all it can come up with is YummyNames.com?
joe
October 29, 2008 @ 2:12 pm EDT
Just goes to show the level of expertise they have running the show at TUCOWS. What a Joke that company is.
Adam Strong
October 29, 2008 @ 2:31 pm EDT
Love their tag line : “Why settle for a lousy domain name? (like we did)
Rick Schwartz
October 29, 2008 @ 2:52 pm EDT
Adam,
Your story is not accurate and it is misleading as well. I sold a total of 8 domains and bought 6 other domains. Domains with a higher value. What you characterize is just not true.
Rick Schwartz
Adam Strong
October 29, 2008 @ 2:58 pm EDT
Apologies Rick. . . should have worded it better. . . . I had written “the good chunk part” for another seciton. Correction forthcoming Rick
Rick Schwartz
October 29, 2008 @ 4:21 pm EDT
Not a problem Adam. as I indicated in my email to you, the only reason I put those domains up for sale was to help create excitement for the auction. I sacrificed those domains. I did not really want to sell them. Just took one for the team. Thanks for setting the record straight.
Poster Child
November 3, 2008 @ 6:06 pm EDT
hey when you make changes to your articles could you copy adam dicker so that he can keep up.
http://www.adamdicker.com/tucows-launches-yummynames.html
Who’s got the news anyway? you or him?
some guy
November 3, 2008 @ 6:10 pm EDT
AdamDicker.com = splog