The Internet's Next Great Geosocial Location Domain Name Is For Sale

Destined to be one of the hottest geosocial domains, LocalHits.com, is finally been made available for a quick sale. When local hits is searched in Google, LocalHits.com shows up within the top 5 out 800 million search results. Having owned this valuable top level domain for several years the owner had been reluctant to sell it but says he is now ready to let another company bring it to the mainstream public and fully believes it has the capability to go head to head with today's most popular social networks.

We asked LocalHits.com owner, Chris Creighton, why he liked the domain well enough to invest in it a few years ago? He replied, "Well to be honest I knew that social networks were going to be huge, and seeing the ever increasing capabilities of cell phones, I knew it would only be a matter of time before cell phones and tablets played a huge role within the growth of social network websites, especially geo-local. All cities, towns, or districts everywhere can have a hit restaurant, theatre, or even something as simple as who the best plumber or dog groomer is and that socially minded people would want to share that insight with their friends and other like minded people. So I thought to myself, 'where is everywhere?' LOCAL is everywhere. Whether it's in Louisville, New York, Los Angeles, Dublin, Berlin, Paris, or wherever you're location it's LOCAL. And we all want to know which places are HITS, the best of the best. So the LocalHits.com concept was born."

Being within the top 5 out 800 million search results of Google already shows there's a massive advantage to any geo-local or social site that wants an immediate foothold in the web 2.0 market.

Geosocial location-based services like Foursquare, gowalla (which was purchased by Facebook), Loopt and Where are seeing registrations double and triple on a daily basis. These geo-location based community sites are being used by mobile-device owners for shopping, dining, and meet-up spots among friends for socializing and playing games. Their total number of members runs in to the millions.

According to market researcher BIA/Kelsey recently reported that mobile advertising, through such geosocial websites, will top $3.12 billion dollars by 2013. A considerable increase from the 2009 report of $320 million.

When asked what he thought the selling price should be Creighton said, "Well, we'd all like to be billionaires, wouldn't we? But I'm a reasonable guy. I obviously would love to see it sell in the 6 figure range, and don't feel that's impractical given the magnitude of the domain name itself. But I'll consider any reasonable offer. Just go to http://LocalHits.com and submit an offer."