Power.com domain name has been added to the inventory for the T.R.A.F.F.I.C. Fort Lauderdale auction,to be held on Tuesday October 18, 2011 at The Ritz-Carlton Hotel in Fort Lauderdale, FL.
You can read the press release after the jump :"T.R.A.F.F.I.C., the domain industry’s signature domain conference is pleased to announce that Power.com has been added to the roster of domains slated for auction on Tuesday October 18, 2011 at The Ritz-Carlton Hotel in Fort Lauderdale, FL.
“We’re ecstatic to have the exclusive assignment to auction such a prominent domain. It demonstrates the level of trust and commitment that serious domain asset managers have for the T.R.A.F.F.I.C. franchise,” said Rick Schwartz, CEO of T.R.A.F.F.I.C.
This exceptional property is highly marketable and one of those unique domains that can define a broad range of products and services. Key industry sectors include power and energy generation and transmission – nuclear, wind, solar, thermal, hydroelectric, batteries, generators, oil and gas among others, but “Power.com is much more versatile,” noted Schwartz.
“Power.com could position a new product or service or re-define an existing product or service such as energy drinks, health foods, vitamins and supplements, sports and fitness, clothing, financial services, venture capital, insurance, online gambling, entertainment – the list is extensive.”
Descriptive, generic domains have historically not only held their value, but have even increased in value during tough economic times. Scott Smith, CEO of RokMe Inc., broker of Power.com commented that “Power.com is among the world’s elite domains that have sold for multi-millions of dollars including Sex.com – $13 million, Fund.com – $9.9 million, Business.com – $7.5 million and Beer.com – $7 million. These prices illustrate the significant value companies and individuals attribute to the web’s most desirable properties. In terms of ego, prestige and branding potential, Power.com is incomparable. ”
Bidders at the T.R.A.F.F.I.C. auction will either have to attend in person or bid by telephone. In order to bid by telephone bidders need to be pre-qualified before the start of the auction. Telephone bidders will be given call-in instructions 72 hours before the auction begins."