"Sedo, the leading online domain marketplace and monetization provider, today announced that Bargain.com will be listed exclusively for sale at Sedo. With the popularity of online discount sites at an all time high, this rare and highly marketable domain name offers potential investors the opportunity to get a piece of the action and take advantage of its unprecedented branding and investment potential.
Bargain.com is currently owned by FYI Direct, a leader in direct-to-consumer credit and identity protection services. Originally registered in 2001 to Bargain Network, Inc., Bargain.com was developed over the years to provide information on real estate foreclosures and foreclosure listings, before becoming a lead generation platform for other daily deal companies. With the growing popularity of online deal sites like Groupon, who’s recent IPO was the biggest of any US web company since Google, the domain has gained significant relevance in today’s discount-driven economy.
“FYI Direct currently owns thousands of real estate foreclosure-related sites. While Bargain.com is one of our key URLs, we never felt it was a great fit with our current portfolio, and decided it could be better put to use as a merchandise site or something similar,” said Bryan McCann, vice president, business development of FYI Direct. “We understand the massive value potential the domain provides, so enlisted Sedo’s expert guidance to help find the right buyer who can develop a site that does justice to such a great domain.”
“The seemingly overnight success of Groupon has created an online bargain shopping frenzy, paving the way for other entrepreneurs to take advantage of this fast-growing trend,” said Kathy Nielsen, director of sales at Sedo. “This highly valuable domain name provides the right investor with the unprecedented opportunity to develop a site that could very well compete with today’s major online bargain and group buying players.”
For more details check out Sedo.com