Buying an existing .com.au domain name

[justme]

When I registered my first domain name many years back, there had to be a close correlation between the business name and the domain name to justify why you wanted that domain.

So... in 2010 if you purchase an existing registered domain name from another individual/trust/company, should your business name still closely match the domain name or is it more open slather these days?

Any other tips for a successful transaction (I gather being a member of drop.com.au for a cost effective transfer is a given tip already)?

 

[snoopy]

From what I know of it will need to meet current policy only which is more liberal than in the past.

 

[DomainNames]

There is no requirements now that business names have to be match closely the domain name.

That changed a few years back about the same time the one domain per business name/ etc / no selling rules where in place.

What happened then was a lot of major corprate companies started buying generic domain names also in addition to using their own brand and company named websites

When AUDa decided to auction off generic names it previously had all reserved many of Australia's biggest corporates bought up heaps of generic words with no direct link to their brand name or company name. Now some of those name have been sold around / expired etc and so now its pretty open market.

http://www.domainmarketplace.com.au...benefits-of-purchasing-a-generic-domain-name/

http://www.domainmarketplace.com.au...e-investing-in-premium-generic-comau-domains/

This is now outdated but shows you some history-

Premium .com.au domain owned by large Australian corporations include:
■happybanking.com.au now owned by BANKWEST bankwest.com.au
■bestbank.com.au now owned by St.George Bank stgeorge.com.au
■smartbanking.com.au now owned by National Australia Bank nab.com.au
■mortgage.com.au now owned by ING Bank ing.com.au
■businessbank.com.au now owned by Macquarie Bank macquarie.com.au
■privatebanking.com.au now owned by Commonwealth Bank cba.com.au
■photocopier.com.au now owned by Fuji Xerox fujixerox.com.au
■milk.com.au now owned by National Foods Milk natfoods.com.au
■vodka.com.au now owned by CARLTON AND UNITED BEVERAGES fosters.com.au
■rum.com.au now owned by Guinness United Distillers and Vintners Australia guinness.com.au
■beer.com.au now owned by CARLTON AND UNITED BEVERAGES fosters.com.au
■scotch.com.au now owned by 3M 3m.com.au
■tennis.com.au now owned by Tennis Australia tennisaustralia.com.au
■honey.com.au now owned by Honey Corp of Australia Ltd capilano.com.au
■cows.com.au now owned by George Weston Foods georgewestonfoods.com.au
■pigs.com.au now owned by George Weston Foods georgewestonfoods.com.au
■ham.com.au now owned by George Weston Foods georgewestonfoods.com.au
■itjobs.com.au now owned by FAIRFAX DIGITAL fxj.com.au
■bikini.com.au now owned by Tiger Lily Swimwear tigerlily.com.au
■kettles.com.au now owned by Sunbeam sunbeam.com.au
■toasters.com.au now owned by Sunbeam sunbeam.com.au
■oil.com.au now owned by Valvoline valvoline.com.au
■drinks.com.au now owned by CADBURY SCHWEPPES cadburyschweppes.com
■drink.com.au now owned by CADBURY SCHWEPPES cadburyschweppes.com
■chocolate.com.au now owned by CADBURY SCHWEPPES cadburyschweppes.com
■trucks.com.au now owned by Western Star Trucks westernstar.com
■batteries.com.au now owned by Bob Jane T-Marts bobjane.com.au
■actuaries.com.au now owned by KPMG kpmg.com.au
■fuel.com.au now owned by Caltex Australia Petroleum Pty Ltd
■Petrol.com.au now owned by Caltex Australia Petroleum Pty Ltd
■steel.com.au now owned by BHP
■metal.com.au now owned by Smorgon Steel Group Ltd
■interestfree.com.au now owned by GE Consumer Finance

 

[justme]

Thank you for that info... any ideas of how much any of those generics went for?

 

[DomainNames]

Most big corporates make you sign NDA's they dont like competitors know what they paid or what they are up to. I have an idea what some went for and its one reason why I got into domaining!

The right names are like waterfront property in sydney.. they only go up in value and everyone wants to have them if they could only afford it.. yes you can buy in the outer suburbs with no view but the most valuable is the waterfronts.