Calm down everybody, you will see more of this coming in different ways. however this is nothing compared to my shocking experience 2 days go, here is what happened:
2 days ago, i wanted to register 1 word .shop, it was available at normal reg $6.99 - $7.99 with standard renewal around $30 as shown on a few different registrars. i put the name in cart and the price was right. BUT before i buy it, i decided to check the same 1 word on .club, also available at standard price for reg and renewal.
Fantastic, i can get both with discount around $10-$12 WOWWWW
Before i make my order i kept on searching for the same keyword on different extensions within different registrars like namesilo.com name.com uniregistry.com and dynadot.com etc, well 10 minutes passed and i could not find a better keyword extension for my 1 word rather than the 2 i got .shop and .club
So i decided to place my order for these 2 domains, here is a big WOWWWWWWWWW,
The .shop went from normal reg price to $11,000-$13,000 registration same goes for renewal at different registrars, the price jumped so high just when i wanted to go ahead with the order. what a shock, just 10 minutes ago i could buy it for $7 now it is $11,000 ? and renewal is also $11,000 ? not even standard renewal ? huh ? how stupid they are ? no one will pay such renewals, yes you can set a premium price for it and keep renewal in standard or acceptance level. that what happens with .club >
Ok faster go get the .club , another big WOWWWWWWWWWWWW, price is not $1,500+ to $1,700+ with standard renewal ! lol , i could have got it for $4 just 10 minutes ago !!!!!
And it was put on sedo for $2,000 with the same B.S message:
"About This Listing , This is a Registry owned Premium Name. The purchase price listed is a one-time amount and .Club renewal fees are LOW! ".
That is not the first time. there are some people in the registry sitting there just to check on your searches and if they find something interesting, they change prices immediately so take it or leave it.
For me, i left both for sure. only a millionaire will pay $11,000 a year for a domain.
.club might still be smart as someone might be willing to pay high reg as long as renewal is standard. but i see .shop as ridiculous and beyond stupidity for such a move.