DomainMarket.com: $2.1 Million in Revenue in 2011
Last week, I wrote an article about three of Mike Mann’s companies earning spots on the 2012 Inc. 500 list. Phone.com (#262), DomainMarket.com (#292) and SEO.com (#491) were all included on the list, which had not been published at the time of my article.
The 2012 Inc. 500 list is now available on the Inc. magazine website, and we are able to learn some additional information about Mann’s companies. As a domain investor though, I am most interested in reading about the growth of Mann’s Domain Market business, which is a domain name aftermarket sales venue.
According to the Inc. 500 page for Domain Market, the company earned $2.1 million in 2011, and it has a total of 9 employees. The company was founded in 2007, and in 2008, the company reported just over $150k in sales.
Domain Market will almost certainly show considerable growth this year as well. In early March, Mike Berkens reported that Mike Mann’s Domain Asset Holdings had already closed over half a million in sales in 2012. I assume that number would be attributed to Domain Market, and if so, it would put the company on track to smash 2011 revenue records. This is just an assumption though, and DAH may be a different company entirely from DM.
Whatever the case is, it is impressive to see Mann grow Domain Market into a domain sales machine. He did the same thing with Buy Domains, which he eventually sold for a lot of money. Looks like he’s well on his way to building another big business.
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