On April 23, indiandomainmarket.com will organize an auction of some of the world-known Christian domains in Kochi, which will prove to be a lucrative offer for those who are willing to try their hands on virtual real-estate business.Based in Cochin,it offers the domain sales in India and abroad. It is concentrating on after sales marketing of domain names.This has been a growing trend abroad but soon India is on the run to catch up with them.
“The auction for each of these domains will start at Rs 1 lakh. This will be a landmark event in the IT history of the country. There is also provision to submit concealed bids. The bids quoting amounts above Rs 1 lakh can be submitted until two hours before the beginning of the auction. Half of the profit generated from the auctions will go to Act For Humanity, a charitable organization which campaigns against terrorism,”said indiandomainmarket.com CMD Esahak Eeswaramangalam.
According to Esahak,once the domains kick start successfully,they are expected to register at least one lakh hits each every day,thereby generating an annual income of around Rs 1 million from advertisements.
He added that, “half of the profit generated from the auctions will go to Act For Humanity, a charitable organization which campaigns against terrorism.”