STATE OF THE NEW G'S

[Internet.Domains]

The current STATE OF THE NEW G'S is good!...or is it?

After nearly 3 years into the introduction of New G's there remains:
* Very low 'End User' usage
* Very little aftermarket activity
* Declining inquiries
* Inconsistent registry changes affecting drops, renewals and pricing
* Little to none public awareness

In conclusion, the current STATE OF THE NEW G'S is not good.

(Disclaimer: I am a proponent and investor of New G's, but I tend to have a REALIST view of things)

 

[slader23]

Make an offer for https://blockchain.link

Growth of open GA gtlds in 2016---->+65%

 

[slader23]

Make an offer for https://blockchain.link

I like it a lot ...I think you should onto it for at least 3 years but then again...it depends on your risk appetite.

 

[168]

Well lets look at it like this.

Business.com vs Business.global

Business.com - purchase price: $150 000 (that was back in 1997) + 10 years renewal ( $100) that = $150 100 for total cost of ownership over 10 years.

Business.global - purchase price: $25 000 (in 2016) + 10 years renewal (.Global uses normal renewal even for premium domains - $60 on average) thats $600 = $25 600 for total cost of ownership for 10 years.

Business.com = $150 100
Business.global = $25 600

Awe, common now, Facts that make perfect business logic ? That's INSANE

SIDE NOTE: In the late nineties .com reg fees were 35/yr Hmmmm. quite similar to today's New "G"s
Cheers

 

[168]

and business.global sucks while business.com is a stellar domain name.

Dordomai, You have work to do. How could you allow business.com, a "stellar domain" be used as an affiliate site ?
Dropped twice ! Stellar.
Business.Global, much more Noble
Cheers

 

[168]

there would be 50/50 people preferring nGTLDs vs .com or even the majority preferring nGTLDs over .com because they are cheaper.

in reality, at least for startups it is something like 97% non-nGTLD vs 3% nGTLD.

The crowd decides that they don't like them. Despite nGTLDs costing much less.

I know why the crowd don't like them:

Word.Word is NOT better than WordWord.com
Text.Brand is NOT better than brand.com
Text.Word is NOT better than word.com
You can't advertise them in the real world. A large percentage will not get word.word while everyone gets Word.com
Unpredictable renewal prices, you don't know who is behind the extension. Will they still be around a few years from now?
Everyone is either under .com or ccTLD making a business under word.word seem like a pink zebra.

Nailed it.
The market is sayin ".coms are over priced!
Startups are sayin "something else will do.! 68%
Investors are sayin " Yahoo, more inventory that's actually relevant!
There are provisions for extensions that fail.
First, all registrars are required to post bond money to operate 3+ years after fail
Second, in some cases they will be absorbed by bigger players.
The true failures, there is not a person on this planet that doesn't understand there will be, and innocent people will loose.
Just business, just life.

"Can't advertise them' ? That's just lame.

"The crowd decides that they don't like them".
How can they when you have declared they don't even know about them?
Pulp Fiction
Happy Hunting

 

[168]

Why would you want to even compare Business.com to Business.global???
I would compare BusinessGlobal.com to Business.global

BusinessGlobal.com - 10x$15=$150 per decade
Business.Global - 10x$60=$600 per decade.

Hope you see my point

Nice try.
It's absurd to ignore acquisition costs.
Business 101
Cheers

 

[168]

.Net beats any nGTLD by a long shot IMO, and that's simply fell of a cliff. Logic would suggest that if nGTLD's were getting mind share with end users .Net would be rising instead of falling .

nGTLD's won't effect the ccTLD market whatsoever at any time in the future because they can never be clearer and more trustworthy than an extension that says we are from your country and more than likely local.

The other day I got an inbound offer on one of my .CO.UK domains which I countered. The end user rejected the counter so I messaged him back saying sorry I can't go any lower on the price and informed him he could register the .UK version for £1 at fasthosts. A few hours later he messaged me back accepting the counter offer. The .UK is still free to reg £xxx's cheaper. This tells me what I need to know!

I personally don't believe the state of the nGTLD market is good enough to invest in yet, but I hope I'm wrong so all of the folks who have can make good returns.

Agree the country codes have their place.
Agree the legacies have their place.
.Net is showing weakness due to New "G"s, has always been a weak choice and doesn't come close to comparison to extensions
like .Media, .Global etc. Net lacks relevance unless it's a fishing site !
Relevance. Relevance, Relevance.
The profits are made in the Buy not when everybody jumps in
Cheers

 

[168]

History always repeats itself.

This time history is just on a larger scale....

It's right in front of your face.

You just have to open your eyes to see it.

Nailed it.
Businesses must expand, upgrade/add products, gain a wider audience.
No business has ever thrived offering just the original product it started with.
Happy Hunting

 

[168]

BramC,
If you consider both to be 2 word domains why would you leave out the third word "com" ?
By your logic your comparing a 3 word to a two word. In that case, yes, the 3 word would be worth much less.
If your going to use the extension as a word then use the other extension too.
Pizza.Global for a "Local" business ? Seriously ? examples like these are so far off the charts.

BusinessGlobal Commerce is also redundant in meaning like BusinessGlobal Business

Business.Global is beautifully succinct, relevant, simple, short.
The advantage New "G"s will always have.
Happy Hunting

 

[deez007]

BusinessGlobal.com is a 2 word domain.
I consider Business.Global a 2 word domain as well.

BusinessGlobal.com and Business.global use the exact same keywords after all. The only "advantage" Business.global may have over BusinessGlobal.com is that its 3 characters shorter. But if almost nobody knows it's a real URL then what do these 3 characters matter? I wonder what would happen if you would ask 100 random people in the street to go to the website "business dot global"? I have a feeling many of those will end up at either businessglobal.com or business.global.com.

Besides isn't that the whole point of most new gTLDs to start with? To find some keyword combination before and after the dot that makes sense? But in your example the right of the dot is conveniently left out so you can come to the conclusion that the one-word domain business.com will be more expensive.

The way I see it: Business.com is a truly premium domain, business.global however is as "premium" as BusinessGlobal.com would be. Anyone could have told you that an ultra premium domain such as business.com will always be more expensive (and valuable) compared to a domain such as Business.global, and this without looking at any sales data.

Imo Business.global should be compared to BusinessGlobal.com, and not Business.com. It would for example make little sense for a pizzeria business serving pizzas in a local town area to use a domain like Pizza.global.

So let's do the math using some actual namebio sales data:

BusinessGlobal.com vs Business.global

BusinessGlobal.com - purchase price: $3,688 (Sold in 2008) + 10 years renewal ( $90) = $3,778 for total cost of ownership for 10 years.

Business.global - purchase price: $25 000 (in 2016) + 10 years renewal (.Global uses normal renewal even for premium domains - $60 on average) thats $600 = $25 600 for total cost of ownership for 10 years.

BusinessGlobal.com = $3,778 (and with $9 yearly renewals from that point on)
Business.global = $25,600 (and with $60 yearly renewals from that point on)

If I was an end user I would know what domain I would take.

.com = short for commerce - you can not simply ignore these "3 characters" as you put it. They dont magically disappear.

I don't agree at all that BusinessGlobal.com is anywhere as close to Business.global - They are miles apart.

Was me comparing business.com to business.global a bit of a stretch? Maybe...but no more of a stretch than you comparing BusinessGlobal.com to Business.global.

If you were an end user you would likely go for BusinessGlobal.com - If I was an end user I would hands down go for business.global - Again, this goes back to my point... human nature, personal preference and different tastes. Every single industry in the world thrives on the fact that human beings have different tastes and preferences, this is what creates the market. If it was not the case then we would all be driving white toyota's. Domain names are no different, different stroke for different folks.

My point can be proved with the data available to us:
Somone paid $3666 for BusinesGlobal.com
Someone also paid $25000 for Business.global.com

So it's does not matter if you may think the domain is worthless, thats you personal prefference. Someone else out there disagrees and they paid $25 000 - That was their personal prefference, this is what creates a markplace. It is how every single industry has created a market place.

 

[168]

nTLDs offer more options for low-budget buyers who do not want to pay for an aftermarket domain.
They also offer newbies more ways to spend money on domains. Most domain buyers do not want to spend serious money on a domain name. Until that changes, the .COM vs nTLD discussion is irrelevant. What will it take for end users to take domain names seriously? They spend thousands of dollars on all kinds of normal business expenditures. What gives? Typical portfolio turn is in the low single digits - often less than 1% annually. How is that sustainable ?

What I have decided to do this year is offer payment plans for the higher priced premiums. Still thinking about leasing option.
Businesses may spend thousands on normal business expenses but in general large ticket items are not paid upfront unless there is plenty of seed money which is usually not the case.
On forums outside this industry the question always comes up " if I can get a domain at wholesale why would I buy at retail?
Very few industries cater to both wholesale and retail.
They often have an issue with charging 1000x cost. Very few understand the inherent marketing value. the word "Premium" is so misused it's almost a worthless descriptive.
Makes me cringe when people on this forum openly talk about charging more just because it's a big fish like end users don't come here. They read about how the "community" can't agree on value or worthiness and don't know what to think. So why would they
risk big bucks ? IMHO this industry has a long way to go in establishing stable pricing levels. To few sellers willing/able to hold firm on pricing. Large outlets under pressure to churn. I don't see average domain pricing increasing anytime soon. We all see average wholesale pricing going off the charts. These days if you don't have sales skill you will just have to accept lower and lower ROI's.
Happy Hunting

 

[Bram C.]

BramC,
If you consider both to be 2 word domains why would you leave out the third word "com" ?
By your logic your comparing a 3 word to a two word. In that case, yes, the 3 word would be worth much less.

By your logic ride.horse should be comparable to ride.com and car.racing to car.com. They are all one word domains right? lol

If your going to use the extension as a word then use the other extension too.

It's funny how most new gTLD lovers always use the example of the keyword after the dot and say you need to look at the domain as a whole to understand its value. But when they compare it with a .com they conveniently ignore what is after the dot . You can't have both A .com on the other hand is (and always has been) valued on what's left of the dot. You keep saying gTLDs are so different to .com yet whenever it's convenient to you you say they should be compared to .com the exact same way lol

 

[Bram C.]

.com = short for commerce - you can not simply ignore these "3 characters" as you put it. They dont magically disappear.

They actually do magically disappear. That's the power of .com. People type it automatically, without thinking about it. With the new gTLDs however you always have to say what's after the dot.

I don't agree at all that BusinessGlobal.com is anywhere as close to Business.global - They are miles apart.
Was me comparing business.com to business.global a bit of a stretch? Maybe...but no more of a stretch than you comparing BusinessGlobal.com to Business.global.

I disagree. I think BusinessGlobal.com is arguably the better domain. (and based on the price that was paid for both it is definitely the better domain).

If you were an end user you would likely go for BusinessGlobal.com - If I was an end user I would hands down go for business.global - Again, this goes back to my point... human nature, personal preference and different tastes. Every single industry in the world thrives on the fact that human beings have different tastes and preferences, this is what creates the market.

I agree. Right now though most people greatly prefer a .com or ccTLD over any other extension. Time will tell if that will ever change in the future.

 

[deez007]

I disagree. I think BusinessGlobal.com is arguably the better domain. (and based on the price that was paid for both it is definitely the better domain).

You are allowed to disagree. We don't have to agree - this is how marketplaces work and how competition is created, which is what creates and builds an industry. By people not agreeing and not having the same preferences.

Huh? hmmm BusinessGlobal.com was sold for $3666 - Business.global was sold for $25 000
You do know that $25 000 is more than $3666, right?

 

[slader23]

By your logic ride.horse should be comparable to ride.com and car.racing to car.com. They are all one word domains right? lol

Please explain how his logic magically creates a tangible comparision between Ride.Horse and ride.com. They both describe an action but the ngtlds specifies that action into a niche while the .com doesn't because its a one word generic premium, let me emphasize again ONE WORD. Your trying to make it seem like his logic is flawed but in the end you've created an argument that doesn't even assess the point @deez007 was trying to make in the first place. Ride.Horse is read as a two word emd by google and by anyone else while ride.com is read as a generic one word emd, so how on earth are they comparable? At least try and make some sense in your arguments.

 

[Bram C.]

Huh? hmmm BusinessGlobal.com was sold for $3666 - Business.global was sold for $25 000
You do know that $25 000 is more than $3666, right?

The buyer of BusinessGlobal.com got a better deal obviously and the buyer of Business.global overpaid.
There's deals to be found in any extension if you look hard enough. And sometimes people sadly overpay.

 

[deez007]

The buyer of BusinessGlobal.com got a better deal obviously and the buyer of Business.global overpaid.
There's deals to be found in any extension if you look hard enough. And sometimes people sadly overpay.

Now you are making assumptions based on who YOU think got a better deal based on your own personal preferences. After initially saying that BusinessGlobal.com was obviously the better domain because it SOLD for more. When I pointed out that you are incorrect and the data shows that Business.global sold for way way way more then you say it was not a good deal?

Come dude, we both know that's clutching at straws...

Let say it was the other way around.. and BusinessGlobal.com sold for $25k and Business.Global sold for $3.6k - and I used that argument, that BusinessGlobal.com was a bad deal and the buyer overpaid..... would you have accepted that as valid point? Hell nooooo!

 

[mad409]

That's the power of .com. People type it automatically, without thinking about it. With the new gTLDs however you always have to say what's after the dot.

I agree. Right now though most people greatly prefer a .com or ccTLD over any other extension.

With all the ccTLDs I think your argument is flawed, people don't automatically type in .com anymore, per your own words they prefer .com or ccTLDs.

 

[Bram C.]

Please explain how his logic magically creates a tangible comparision between Ride.Horse and ride.com. They both describe an action but the ngtlds specifies that action into a niche while the .com doesn't because its a one word generic premium, let me emphasize again ONE WORD. Your trying to make it seem like his logic is flawed but in the end you've created an argument that doesn't even assess the point @deez007 was trying to make in the first place. Ride.Horse is read as a two word emd by google and by anyone else while ride.com is read as a generic one word emd, so how on earth are they comparable? At least try and make some sense in your arguments.

I make perfect sense in my arguments. I know your tactics very well, you try to discredit people by saying their arguments don't make sense, as if you claiming that would magically make it so.

The whole point is that a new gTLD (with the exception of gTLDs like .xyz) base all their value on what's left and right of the dot. .Com on the other hand get's its value solely from what is left of the dot. So yes technically ride.horse is a one word domain but realistically it gets its value from the 2 words combined: "ride horse". Same for business.global. So ride.horse should be compared with ridehorse.com and business.global should be compared with businessglobal.com (and not business.com). If that doesn't make sense to you i'm sorry but it makes perfect sense to me.

 

[slader23]

The buyer of BusinessGlobal.com got a better deal obviously and the buyer of Business.global overpaid.
There's deals to be found in any extension if you look hard enough. And sometimes people sadly overpay.

I'd rather have Business.Global on my business card than BusinessGlobal.com, the latter doesn't even really make sense where as in the first one the Dot Global makes me think of the gtld and its purpose on the internet, just like you would when assessing a name like Trade.Global, reading and hearing or "Dot Global" in your head creates a sense of understanding that is far better than reading "Business Global dot Com" which to be honest doesn't really make sense because you have to bunch the keywords together. I'll take"Business.Global" over "Business Global" because the word to the right of the dot has a very specific meaning and purpose on the internet, not to say .com doesn't but in this case the NGTLD alternative is the optimal solution. Switch those words around and you have another killer Global.Business...which is 10x better.

 

[Bram C.]

With all the ccTLDs I think your argument is flawed, people don't automatically type in .com anymore, per your own words they prefer .com or ccTLDs.

In the US most people automatically type .com.
Regarding ccTLDs you're correct. But then those people will type the ccTLDs automatically. I live in Belgium and we have .be here. If someone asks me to go to the website "feest vieren" I will probably go to feestvieren.be. If someone from the US woudl ask me that same question I would go to feestvieren.com.
It's impossible to type a new gTDL automatically obviously. You would always need to say what's after the dot.

 

[slader23]

I make perfect sense in my arguments. I know your tactics very well, you try to discredit people by saying their arguments don't make sense, as if you claiming that would magically make it so.

The whole point is that a new gTLD (with the exception of gTLDs like .xyz) base all their value on what's left and right of the dot. .com on the other hand get's its value solely from what is left of the dot. So yes technically ride.horse is a one word domain but realistically it gets its value from the 2 words combined: "ride horse". Same for business.global. So ride.horse should be compared with ridehorse.com and business.global should be compared with businessglobal.com (and not business.com). If that doesn't make sense to you i'm sory but it makes perfect sense to me.

You did not make that clear in your argument, you said "By your logic ride.horse should be comparable to ride.com", so don't try to twist things. I'm discrediting you because your argument did not make any sense because a fair comparison cannot be be made with word.word compared to word.com. You've only just conceded your failure by trying to explain something that is extremely obvious.

Of course that makes sense, thats the entire value proposition for ngtlds.

 

[Bram C.]

Now you are making assumptions based on who YOU think got a better deal based on your own personal preferences. After initially saying that BusinessGlobal.com was obviously the better domain because it SOLD for more. When I pointed out that you are incorrect and the data shows that Business.global sold for way way way more then you say it was not a good deal?!

You're right, whether or not what is the better deal is not up to me or you to decide. Make a poll and let the majority decide.

 

[mad409]

In the US most people automatically type .com.

Well I'm in the U.S. and you're not therefore I don't see that happening...

 

[slader23]

Well I'm in the U.S. and you're not therefore I don't see that happening...