Mrs. Mecomber's Scrapbook

Here’s some very interesting news for webmasters and domain name holders in Australia:

Netregistry, Australia’s leading domain name provider, has partnered… [with Netfleet] in a joint venture to expand and improve on… Netfleet domain trading site.

“We see significant growth in this area”, says Larry Bloch, CEO of Netregistry. “Currently our efforts are focused on education as much as anything – most people do not even realise that domain names are now tradeable assets so it’s a question of creating the industry as well as satisfying the demand.”

This is the first real push by a major IT company into this sector. Bringing together the existing proprietary technology of our current website with the massive customer base of the Netregistry group, we expect to cement Netfleet as the leading destination for domain name trading. source: http://www.netfleet.com.au/news.php?id=18

This is big news for the Australian Internet. Netfleet Australia is a huge company, having the largest collection of Australian domain names available for sale. Suited for both private and business enterprises, Netfleet is an extremely popular domain name registrar for .au domain names. It’s merger with Netregistry and the massive customer base of Australian businesses there has brought to light an extremely large availability of domain names as well as new features.

I took a look at some of the domain names up for sale– would you believe a domain name is selling for $1,000,000?! Wow! How I wish I’d gotten that one before anyone else, lol. The Australian domain name market is expanding and buying and selling has become easier and much more streamlined– kind of like a Wall Street of domain names. Netfleet hopes to do just that– to make the buying and selling of domain names a very lucrative and productive venture. This is a company to watch, especially as the big shift (everything from movies to news to business) toward the Internet continues.