VALUATION
Valuation determined by:
- The digital artwork / full ownership and reproduction rights
- The value of the digital assets (domains) per:
- Precedent: The following domains provide a range of .CA’s that have been recorded in public sales:
www.ampli.ca $50,000 (USD)
www.usedcars.ca $115,920 (USD)
www.jobs.ca $600,000 (USD)
www.creditcards.ca: $650,000 (USD)
In comparison, the “Canada Space Exploration” series includes authorization codes for top level domain names as follows:
CANADARM.CA, CANADARM2.CA, CANADARM2.COM, DEXTRE.CA + CANADAARM.CA, CANADAARM.COM
*Estimations of value can be inferred given recorded sales of many other domain names within the marketplace.
………………………………………….. - Google Statistics: Over the past 5 years, inquiries for “Canadarm” continue to trend stronger than searches for Canadarm2. From a marketing standpoint, owning Canadarm.ca can amount to broad exposure for this artwork.
………………………………………….. - .CA means Canada: A .CA domain is a unique identifier for Canadian websites and Canadian art.
………………………………………….. - SEO Geo-targeting: Google provides Canadian companies search advantages for their .CA website.
………………………………………….. - Misspells: A significant number of Google searches over the past 5 years have misspelled Canadarm. Two of the most popular misspells are included within this artwork, namely: Canadaarm.ca and Canadaarm.com. Inclusion ensures no campaign traffic is lost and enhances user experience by not displaying a non-existent URL.
………………………………………….. - Iconic or Representative: Canadarm is currently in a Museum (in Ottawa, Canada) and Canadarm2 and Dextre are denoted on the current Canadian $5.00 bill. This artwork iconizes the contribution of Canada, Canadians and technology in the exploration of space.
………………………………………….. - Additional Domain Valuation Considerations:
Short length
Correct spelling
Easy to remember
Recognizable / brandable
Has meaning to the public
Passes the radio/word of mouth test
Combined .ca and .com coverage (Canadarm2.ca + Canadarm2.com)
Has specificity (ie: particular industry)
Bilingual – acts as both a French and English domain (in one)
Scarcity of domains across time
…………………………………………..
All of these factors can help to provide a basis for bid valuation.
To bid on the “CANADA Space Exploration” series, click here.