Coffee.club reportedly sells for $100,000 at T.R.A.F.F.I.C.

[equity78]

Larry Fischer tweeted just after midnight that Coffee.club sold for $100,000 at T.R.A.F.F.I.C.

http://www.domaincrunch.com/coffee-club-sold-for-100000/

 

[DU]

Now, we know companies such as Google and Amazon are planning to get involved.

.mobi was originally financially backed and sponsored by Google, Microsoft, ....

I think the gTLDs will be around in 10 years.

So will .mobi and the other crap gtlds.

taxi.cabs

The possibilities are great because the dot separates the words making it easier to read. If you ever wanted a sub domain you could do;

detroit.taxi.cabs
newyork.taxi.cabs

wow how easy is that to read over

detroittaxicabs.com
newyorktaxicabs.com

You'll notice it takes way less time to focus and remember the gtld than the .com version which i think makes the gTLD a better marketing tool.

That helps one national taxi cab chain. How does that help the other tax cab companies? They will have McDukesTaxi.cabs?
I'm pretty sure that anyone can remember "new york taxi cabs".... and google/bing will help if you type in New York Tax Cabs in their search bar. In fact if you type in or say "nwe ykro tacksi cabs" in Google it will still help you find something.

Frankly Taxis get more business by putting their phone number up in bars - maybe they should all have .tel? I don't remember the last time I ordered a cab over the internet. I take that back - I think I got a 2011 Stag's Leap recently.

Subdomains are a useless argument tossed out all the time. wordpress, tumblr, and blogs are examples where it works. Don't know many real sites that implement subdomains and certainly not in the manner described. The new normal may be registering your own gTLD.

Detroit.McDukesTaxi - now where does the dot go given your notion that people have a complete lack of mental capacity to remember simple names. As soon as you get out of single keyword territory you have to apply that logic - yet thousands of successful sites are on compound words, compound-hyphens.

.com has the guarenteed traffic at this point so of course it is king. But i think the keyword combo upper values will shift to gTLD's

Not really. Pretty much every new registration of anything has guaranteed no traffic. The argument people have for .com is more around recognition and usage... but it's really just prestige and prestige is instant advertising. Anyone can build a ranking site on any domain extension really but people buy .com.

Some people buy 2011 Stag's Leap Cab and some will buy a 2000 Chateau Lafite Rothschild... sometimes there's no real logic behind pricing. That's why people can sell a domain for $100 and flip it for $10,000 and that same person could buy a name for $50,000 and sit there watching it collect non-converting traffic.

The switch will take time, it's the old "if you build it they will come". Over time the youth who want web pages will not be able to get thier fave .com so they will get marbles.club, painting.cars, lemonaid.sale, videogame.solutions and as they age they will be acustom to the different extensions. I'm talking over 20yrs here.

Recognition and usage don't make any difference to an investor. The people you are talking about aren't the people that domainers are after because they spend up to $50 on a domain.

People need to get a better handle on who they are arguing with here - not many people here have massive portfolios to protect as they're operating on a turnover basis (and the ones that aren't are going to be developing or using traffic). Not many people sitting on an inventory watching the prices fluctuate. Mind you, there's no real gauge for the prices that fluctuate. There's no exchange so most pricing is on a educated whim rather than any real consistent trends that I can see.

There's no exchange to keep track of things - maybe we should create one.

But i think if i had some beauties from back in the 90's kicking around i wouldn't like seeing a matching single word .club, .web, .services out there.

I don't think anyone is losing sleep right now. Hell, some are actively selling these things into the marketplace. You're right though, hundreds of thousands of people and businesses will buy cheaper alternatives. But they do that today. If you own a single keyword .com these aren't your market anyway. You don't sell Ferraris in the Ghetto (being dying to get that into a post)

This whole coffee.club deal is a great marketing opertunity for both parties imo. Very easy to break everything down to see the positives.

Everything is always a marketing opportunity and every one of them is also a chance for success but a greater opportunity to fail.

I understand not all registrars are playing the same game, some holding back names, some raising prices after the fact, some taking back names after the fact etc. This is counter productive imo and only hurts the gTLD progression bitting the hand that feeds the domain industry "the domainers". But this is a much more complex topic than i have knowledge of.

Registries not registrars. The domain industry? There is no real industry and what there is? It's just a straw house built on sand on a windy oceanfront.


Of course:

There are END USER opportunities for the right name. Coffee.club might be. I love .TV for branding in the visual space (though somewhat concerned there for the massively invested because the universal usage of TV is changing - TV companies are switching language believe it or not). Some .io names work (a few). But even this depends on size - I know people making more money than most with a business run on a .BIZ. If it works it works. Most companies don't need that huge domain.... but that depends on the industry. I'd never be a large IT Design firm on a crap name. I might run my pool cleaning business on a crap one though while making the same $$$
End users can invest in new TLDs and be fine. Investors is where the argument falls apart.

 

[DomainVP]

For public consumption....or its means coffee club dot com is worth $1 billion.

I bet that happens quite alot.

I've heard coffee can be an effective treatment for facial bruising. Perhaps you should consider signing up on coffee.club.

When she finds out you were on the wrong side of gtld history, you're going to need the premium plan..

lol, what a crass fantasy you are having about me. Am I pretty in your dreams?

I've got cans of tomatoes in my pantry that have more domain experience than you.

So instead of spanking you with your own idiocy, and perhaps prevent your newbs from swinging around in the air; I present to you a .MOBI thread from 7 years ago right here on NP.

https://www.namepros.com/threads/the-risk-of-mobi.285139/page-4

If you can't see the parallels in just about every facet, then you my friend have earned yourself a nice shiny hat with the word 'dunce' on it.

'new' members swearing .MOBI was the next big thing; experienced domainers sticking with .COM... conjecture of great speculative earnings, massive .MOBI sales.

Same script... different cast...

"gTLD history" you say? It might be new to you, but it's all been done before... multiple times... ICANN just decided to make the final time they do it into one large profit scheme.

In the end, it's no skin of any of our backs; you can take a chance with anything - it's your money.

I'll continue selling .COM's for a sizable profit, and you can continue to have fantasies about me.

 

[DomainVP]

.mobi was originally financially backed and sponsored by Google, Microsoft, ....

Great post.. but I've come to realize it doesn't even matter what anyone says anymore.

Most nTLD supporters that are almost 'insane' about them, haven't even bought any of the domains they so cherish, and if they have they are so god awful that it's almost baffling.

Some investors own some really good nTLDs... but there are only SOME really good nTLDs out there that are worth the premium price tag.

The only people these posts will be good for are the future domain investors that look back to this forum and see who was right on the nose, and who was dead wrong.

Funny when you look back in the threads, a lot of the people who were anti-mobi are still here and the pro-mobi posters are 'account suspended' or abruptly stopped posting.

Go figure.

 

[DU]

The .mobi extension never made sense because there aren't any businesses that want to exclude desktop visitors. You can easily make your .com/.net/.org responsive or use a sub domain instead of getting a .mobi. So there was never a market for .mobi. It was just a bad idea. Same for .biz. Only your local amway salesman will think .biz sounds professional.

At the time .mobi was introduced there was no iPhone and Crackberry ruled. Internet Explorer was in its 4th year of Version 6? and if you wanted Chrome? That would be a few years out.

The goal of mobi was not to exclude desktop but include mobile but times change fast - what is the standard solution now wasn't always an option. Technology nearly always improves faster than the standards that they create to try and govern things.

Some responsive sites still suck on phones though... that's still true.

 

[William V]

At the time .mobi was introduced there was no iPhone and Crackberry ruled. Internet Explorer was in its 4th year of Version 6? and if you wanted Chrome? That would be a few years out.

The goal of mobi was not to exclude desktop but include mobile but times change fast - what is the standard solution now wasn't always an option. Technology nearly always improves faster than the standards that they create to try and govern things.

Some responsive sites still suck on phones though... that's still true.

I've been in online lead gen for more than 10 years. I was around when .mobi was released. I've never given any thought to using .mobi for a project. I understand that some investors got burned but as an end user, I never saw the value.

My current projects will be built on .club, .xyz and .capital names. I think the benefit of getting an exact match domain outweighs the downside of not building on a .com. For one of my favorite generic names, the .com is owned by a billion dollar corporation as it's primary web address. I have the singular and the plural in the new extension. I'm thrilled to have the opportunity to build on the name and I think other end users are going to welcome the opportunity to build on monster names in the new g's too.

 

[William V]

If you can't see the parallels in just about every facet, then you my friend have earned yourself a nice shiny hat with the word 'dunce' on it.

'new' members swearing .MOBI was the next big thing; experienced domainers sticking with .COM... conjecture of great speculative earnings, massive .MOBI sales.

Same script... different cast...

Just because I am new to namepros doesn't mean I was born yesterday. I'm not primarily a domain investor, I'm an end user. About 20% of the names I purchased are relevant to my market and I will keep them to use as opportunity arises. The other 80% are excellent names and my cost basis is very low.

 

[DomainVP]

My current projects will be built on .club, .xyz and .capital names. I think the benefit of getting an exact match domain outweighs the downside of not building on a .com. For one of my favorite generic names, the .com is owned by a billion dollar corporation as it's primary web address. I have the singular and the plural in the new extension. I'm thrilled to have the opportunity to build on the name and I think other end users are going to welcome the opportunity to build on monster names in the new g's too.

Thats the thing William... nobody is discounting the fact that there are some really good new gTLDs, because there are. However think about just how many 'exact match' domains can be made...

Thats where the failure arises

Not nearly as many as it would take to justify opening an entire registry of a name.

Now consider that the registries know just how many can be made as well and are selling them at premium renewal.

It's a domain hack shakedown.

 

[DomainVP]

Just because I am new to namepros doesn't mean I was born yesterday. I'm not primarily a domain investor, I'm an end user. About 20% of the names I purchased are relevant to my market and I will keep them to use as opportunity arises. The other 80% are excellent names and my cost basis is very low.

Read that link I posted a few posts up... There are posts nearly identical to yours.

I can't speak for everyone, but most decent domain investors are also 'end users'. Sales are a fraction of money to be made from development.

Good luck in your ventures. Cheers.

 

[Jasonn]

.club 3) is probably the real top of the new gtlds for registrations with .xyz 1) ,.berlin 2), .realtor 4) based on giveaways.

It is looking precarious already for about 95% of the new gtlds.
What happens to the "end user" who has based their business on a new gtld that in most cases is unlikely to be around in a couple of years.

And .club is one of the better ones, along with perhaps .NYC?

.club is good...for clubs. not much else. its very restrictive as are many of the gtlds. they have a number of uses but other than generic ones like (ugh) .xyz or .web their scope is limited, if making sense matters to people.

 

[McDuke]

@ Grace Delete, you make me laugh, keep fighting :D

 

[DU]

My current projects will be built on .club, .xyz and .capital names. I think the benefit of getting an exact match domain outweighs the downside of not building on a .com.

I note that you call them "projects". That's not the same level of buy in as "business".
A lot of lead generation sites - especially those that can be labeled as projects - can be built out on anything. Some require a more solid name than others depending on means of driving leads, obviously.

There are opportunities for end users but they far outweigh opportunities for investors.

For one of my favorite generic names, the .com is owned by a billion dollar corporation as it's primary web address. I have the singular and the plural in the new extension. I'm thrilled to have the opportunity to build on the name and I think other end users are going to welcome the opportunity to build on monster names in the new g's too.

Something might look like a monster name but it isn't. I think people should stop spending money on Ferraris because you can make anything look like a Ferrari... what's the difference? Sure it's cheaper but most people would love the opportunity to pretend they owned something better.

 

[William V]

There are opportunities for end users but they far outweigh opportunities for investors.

The opportunities for end users are what makes the gtld's a good investment. Not sure I follow the logic of your statement.

As far as projects vs business, that's a distinction without a difference.

Something might look like a monster name but it isn't. I think people should stop spending money on Ferraris because you can make anything look like a Ferrari... what's the difference? Sure it's cheaper but most people would love the opportunity to pretend they owned something better.

This is where .comers get tripped up. What is the difference between a Ferrari and an imitation? Engineering, quality of materials, performance and safety. There are real, substantial differences.

What is the difference between .com and .xyz? They are both made of letters. They will both resolve to an ip of your choosing. Both operate at the same speed. Both work with email. The only difference is that people are familiar with .com and are just learning about .xyz.

If you don't like the gtld's, don't buy any. No one is forcing them on you.

 

[DU]

The opportunities for end users are what makes the gtld's a good investment. Not sure I follow the logic of your statement.

These stamps are good for an end user:

This stamp is good for an investor:

You're talking to people that are in the second group and not the first.

As far as projects vs business, that's a distinction without a difference.

Not really. If your livelihood depends on something it is a business not a project.

The only difference is that people are familiar with .com and are just learning about .xyz.
If you don't like the gtld's, don't buy any. No one is forcing them on you.

That's the only difference? You need to think harder.
I bought two, actually... one for personal use to see how people would react to the name and one more serious.

But again, there's nothing wrong with them for end user imho, it's just investment where it falls apart. If you can't get that distinction this discussion is a lost cause.

 

[mad409]

This stamp is good for an investor:

Thank you for confirming most stuff over time goes up including stamps from the US Postal Service that can't make a dime. I'm good now...

 

[William V]

Not really. If your livelihood depends on something it is a business not a project.

I've been a web development business owner for 10 years. I refer to individual websites as projects.

But again, there's nothing wrong with them for end user imho, it's just investment where it falls apart. If you can't get that distinction this discussion is a lost cause.

End user demand is what drives the value for all domains. Saying there is end user demand but no value is a contradiction.

 

[DomainVP]

Thank you for confirming most stuff over time goes up including stamps from the US Postal Service that can't make a dime. I'm good now...

Terrible dreadful analogy that goes against everything you preach.

The most valuable stamps are errors, mistakes, flukes; and the rest are worth pennies.

Odd that the most valuable nGTLDs are considered 'hacks'; and the rest are worth pennies.

Tiny, tiny pennies my good friend.

 

[mad409]

Oh not you again!

 

[DU]

I've been a web development business owner for 10 years. I refer to individual websites as projects.

I wish you luck in moving your main business website to your monster .xyz domain then.

End user demand is what drives the value for all domains. Saying there is end user demand but no value is a contradiction.

Didn't say anything about demand, just said that some gtlds can successfully be by end users. There's not enough demand to make domain investment worthwhile.

Thank you for confirming most stuff over time goes up including stamps from the US Postal Service that can't make a dime. I'm good now...

Thanks for confirming that you didn't understand the point.

 

[carob]

End user demand is what drives the value for all domains. Saying there is end user demand but no value is a contradiction.

If we are talking about resale value that exceeds the registration fee of a domain, then look again at the link I posted above showing registration levels of domains. At the start of this year mobi showed well over 1m registrations - yet there are almost no aftermarket sales. So as a resale proposition, it has no value.

Whereas .me has way less registrations than .mobi, but sales of .me domains for $1k or more are reported often.

It is possible to have an extension that has registrations, possibly even indexed sites, but no aftermarket. Let's see which new extensions achieve this.

 

[SeriousName.com]

100k for coffee.club? How high was the buyer?

 

[mad409]

100k for coffee.club? How high was the buyer?

Looked to be around 5'8 or 5'9 in the picture.

 

[DnEbook]

Not sure if anyone posted but he does speak of his purchase on http://www.domainsherpa.com

 

[Colin Campbell]

That is correct. We offer StartUp.club on names that are greater than 20,000, category killers and used for a product and service. As part of the StartUp club will also support that purchaser with PR and run ad campaign if the service qualifies feature our StartUp.club customers.

So you are offering this service and 10 year payment option to all .club purchasers?

 

[N-A]

That is correct. We offer StartUp.club on names that are greater than 20,000, category killers and used for a product and service. As part of the StartUp club will also support that purchaser with PR and run ad campaign if the service qualifies feature our StartUp.club customers.

Unique way of obtaining customers; skipping the evil capitalists in between, but there is an unanswered question.

Is this a rent to own whereby when you are unable to pay your rent after $80,000 (assuming a $100k name and interest), it is seized right away? Do you reduce payments or work with the business? In a case where the owner just can't pay the rest, after 80% is paid for, does .club retain ownership and able to sell it again or at that point does the customer have enough in that they are saved for a while?

I see no terms of the lending process, rather what you can lend (how much down, interest below 200k, etc.). Very vague website and should be more transparent of what happens before you even get the name. Also, are there clauses for deflation/inflation or is it a locked in price?

Although, I do like the extra measure you took to make a huge * in order to show that only names above 200k are interest free. Some companies like to stick those markers in there real small.

 

[wot]

That is correct. We offer StartUp.club on names that are greater than 20,000, category killers and used for a product and service. As part of the StartUp club will also support that purchaser with PR and run ad campaign if the service qualifies feature our StartUp.club customers.

20,000 what?

And if it's $'s who determines value?

Can't be per annum reg fee as coffee.club is $ 10K per year?