Suitcases.com – Would you buy the domain? As the world remains in lockdown people aren’t travelling and companies related to the travel industry have seen a huge decline with Luggage & Suitcases becoming one of the fastest declining product categories online right now, I normally travel on average 3 family holidays (Vacations) per year and then travel BiWeekly around the UK for business purposes but since March, I have been at home, our planned trip to Disneyland Paris towards the end of March was cancelled, we have another trip booked for June but this is possibly looking unlikely even though it’s based in the UK, while we look to reschedule Disney towards the end of the year nobody right now knows if that is feasible hence why my posts from the other day relating to keeping your children occupied during the Cornovirus Lockdown are worth a quick read.
While we aren’t alone with the above situation it has had a big knock-on effect of Luggage & Suitcase companies.
Check out Samsonite and look at where their shares have gone since February through the floor… YTD High was around $19 HKD, dropped to $5.20 and now around $7 per share, while this isn’t great for shareholders in companies like Samsonite, you might be able to grab a bargain on some discounted Luggage and Suitcases if you have the cash to spend and are in need of some new luggage.
The domain Suitcases.com is actually coming up in a Sedo auction in the next 2 days, the reserve price for Suitcases.com seems very reasonable 25,000 USD – 49,999 USD and in this price bracket, I could see the domain name selling to a domain investor quickly even in the current market.
Estibot.com values the domain name at $445,000 – While I agree this is more an end-user price something someone like Samsonite should consider acquiring for the type-in traffic alone, will you be bidding on Suitcases.com to add to your domain name portfolio?
If you are shopping for a deal on a new suitcase then these are the travel brands, I would suggest searching on Amazon for to see if you can grab a great deal while the market low and save yourself some money – Click here for the best UK Deals on Suitcases & Click here for the best USA Deals on Suitcases.
- Kenneth Cole
- Briggs and Riley
- American Tourister
- Eagle Creek
- Ricardo Beverly Hills
- IT Luggage