How Steve Jobs Got The AppStore.com Domain and Trademark For Free

I’m sure you’ve all heard about Steve Jobs resigning as CEO of Apple. Today, I read a post that stood out among the sea of farewells and Apple nostalgia. I really didn’t think I would be writing a post about Steve Jobs myself, but this is a great look at the impact domains, especially generic brands, can have on business.


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href="http://thenextweb.com/apple/2011/08/26/salesforce-ceo-gave-app-store-domain-and-trademark-to-steve-jobs-as-a-thank-you/">The Next Web shared the interesting story of how Salesforce.com CEO Marc Benioff, gave a very special gift to Steve Jobs as thanks for his influence and sage advice.

In 2003, Benioff brought a few members of his executive team to visit Steve Jobs. The words of wisdom he would receive turned out to have profound implications for both Salesforce and Apple.

“You have a fantastic enterprise application here, but you’ve got to build an ecosystem.”

The Salesforce.com team took the advice to heart and developed a new technology called “App Store”, where users could buy enterprise applications and run them within Salesforce.

The project ended up launching under a different name, “App Exchange.” But, Benioff liked the App Store name so much that he purchased the domain name AppStore.com and corresponding trademark.

Years later, in 2008, Benioff was in the audience when Steve Jobs announced his own App Store. After the announcement, Benioff went up to Steve Jobs and offered the AppStore.com domain and the trademark rights as a gift, in appreciation of his help in 2003.

Apple now defends the trademark in court and uses the powerful generic brand to reign-supreme over other application platforms. Now that is a domain that is truly priceless.

160x Domain Flip at BrandBucket and One Hard Lesson Learned

Several years ago I hand-registered a number of pronounceable and brandable href="http://www.dotsauce.com/2011/03/02/find-five-letter-domains/">5-letter domain names. Domains like these have already become a rarity in a fairly short time. I submitted one of my favorites, “Jabsy,” to  href="http://www.brandbucket.com/profile/dotsauce/">BrandBucket last year where I listed it for sale at $3,999. The domain received an offer yesterday for $2000 and I accepted it.

Just like my first href="http://www.dotsauce.com/2011/04/05/godaddys-recommended-pricing-for-premium-domain-listings-and-my-first-sale/">GoDaddy premium listing sale earlier this month, BrandBucket received a 30% commission on the sale and there was additionally a fee for logo design and marketing. My take-away this time was $1,300 or about 162 times my initial registration cost of $8.

Hard Lesson Learned

You may be curious why I accepted an offer of $2000 when my asking price was double that. Well, the sale of this domain also came with a hard lesson learned. I made one of the more common domaining blunders, having an old sale indexed in search engines.

I try to stay on top of deleting old sales post content, but it slipped my mind during a recent short-sale and it ended up hurting the bottom-line of the offer at BrandBucket.

I received word from a BrandBucket representative that a buyer was “very interested,” but had done his homework and believed I had purchased the domain from a forum sale for $500 some time ago. In actuality, it was me offering the domain for sale during 1 week of raising funds to launch the new  href="http://www.dotsauce.com/">DotSauce Domain Club.

You can imagine how viewing the $500 price tag on the same domain listed for sale for $3999 would affect an interested party’s offer.

Spring Cleaning

I am not going to dwell on what could have been, but I am definitely going to be wary about making this mistake again. When listing your domains for sale on blogs and forums, be sure to remove the post content after the sale has been finalized or it will remain indexed on search engines.

Savvy buyers will look up the name on Google to see its history. So, if you have old sales on domain forums, auctions, classifieds, Twitter, etc. I recommend you do some spring cleaning and delete anything that may be harmful to your current domain sales marketing efforts.

href="http://www.dotsauce.com/2011/04/22/domain-flip-hard-lesson-learned/">160x Domain Flip at BrandBucket and One Hard Lesson Learned href="http://www.dotsauce.com">DotSauce Magazine

Rick Latona Domain Auction Broadcasting Live – Moniker Auction Tomorrow

The TRAFFIC , New York 2009 domain conference is underway and starting right now Rick Latona Auctions is broadcasting live on Domaining.com Domains being offered today include gems like Bananas.com , Bourbon.com , Database.com , Hookahs.com , Draw.com , Referrals.com and many more. To review all of the premium domains being auctioned today or participate in the auction you can visit the official auction page on Proxibid .

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Rick Latona Domain Auction Broadcasting Live – Moniker Auction Tomorrow

“The $3 Million Bargain” Candy.com Ready To Launch

Just a little over a month ago, veteran domainer Rick Schwartz made the announcement that he had sold his premium domain name, Candy.com . Schwartz agreed to sell the domain for $3 million in a deal with the Melville Candy Corporation, founded by cousins Joe Melville (left in photo) and Greg Balestrieri .

Read more:
“The $3 Million Bargain” Candy.com Ready To Launch