SEATTLE, June 12, 2014 /PRNewswire-iReach/ -- The category defining, dot com domain name, AutosForSale.com, is currently at auction on Flippa.com, one of the largest auction sites for websites and domain names. The auction is scheduled to end on Tuesday, June 17th 10:00 PM EST. See https://flippa.com/3074844
Descriptive, dot com domains such as AutosForSale.com, are extremely desirable due to the inherent credibility that consumers give to websites utilizing the top, generic domain names in a particular industry. AutosForSale.com is arguably one of the top four generic dot com domains for both new and used cars, after Cars.com, Autos.com, and CarsForSale.com. Of course, those domain names were purchased and developed long ago.
New and used auto sales are one of the largest retail segments of the US economy and over 90% of consumers research or shop online before they purchase a vehicle. As such, a major auto classifieds website can be extremely lucrative, and even more so when also advertising ancillary products such as financing, insurance, warranties, etc. The fact that AutosForSale.com is descriptive for both new and used cars is a very important distinction, as new car manufacturers and franchise dealers provide enormous budgets for advertising, and online lead generation for new car sales is a huge and growing industry.
The domain is currently owned by Datamotive, Inc., a software development company that provides online marketing software to car dealerships. President and CEO Bart Stone believes that if any one of the numerous startups entering the automotive space utilized the domain name AutosForSale.com, it would instantly set their brand apart as a market leader. "AutosForSale.com is without a doubt the best remaining undeveloped, premium, generic dot com in the automotive industry. Brandable (non-descriptive) domain names can require millions of dollars in advertising to become recognized as an industry authority. However, a domain name such as AutosForSale.com is instantly authoritative without spending a single dime on advertising. And authority translates into a lot more clicks online by consumers." The company had planned to develop the domain into a major auto classifieds website, but decided recently to concentrate its development on existing software applications instead.
Interested parties can watch and / or participate in the auction via the following page: https://flippa.com/3074844
Datamotive, Inc. is a U.S. based, privately held software company that develops applications specifically for the automotive industry. For more information, see: http://datamotive.com
Flippa.com is the world's number one marketplace for buying and selling websites and domain names, with over $100 million in transactions to date. For more information, see: https://flippa.com/about
Media Contact: Bart Stone, Datamotive, Inc., 888-321-8467, firstname.lastname@example.org
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SOURCE Datamotive, Inc.