new gtlds Mike Mann: “Read my lips gTLDs are D*E*A*D, absolutely no demand!”

disaac81 said:

Finally this trademark abuser says something that makes sense...well done Mann for stating the obvious. Think that makes you a guru? No sadly not.

I sold 2 names yesterday from my website, yet I have less than 200 names on there. Do I shout from the rooftops? No. It is business.

Mann has 300,000+ names and still feels the need to abuse trademarks. Desperate. Unprofessional. Lame.

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yes this guy is really unprofessional



[{sarcasm}]

frank-germany said:

yes this guy is really unprofessional



[{sarcasm}]

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Indeed.

If you have spent 2 decades acquiring real estate of a particular flavour and hold as much stock as Mike does, you are hardly going to start telling everyone there is value anywhere else other than what you hold.

There is/will be value in gTLD's, maybe or maybe not on such a significant price structure but time will tell.....Individuals have plenty of room for making cash with them while the big boys like Mike are promoting what they have most of. It's not always about the domain, there are domains Mike has sold which everyone here would have given $50 valuation for, if you can sell Ice to Eskimo's then you will make money regardless.

Mikes banging of the drum has business interests in promoting his large stock-pile, there is no denying he's done amazing and has a world of knowledge and contacts in the business. But IMO his word advising the industry which direction it's heading should be taken with a pinch of salt.

.com is king don't get me wrong, but there is good money to be made elsewhere.

66% of new domains are Operating at LOSS.

+12% from 2016.

http://dottba.com/new-gtld-infographic-2016-year-in-review/

Adam27 said:

66% of new domains are Operating at LOSS.

+12% from 2016.

http://dottba.com/new-gtld-infographic-2016-year-in-review/

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I am actually a little shocked that the number is not higher

Big companies can afford to brand themselves with fancy tlds. An average domainer cannot, especially if he/she intends to resell in the aftermarket.

What is with Mike Mann on Facebook ?! i miss him and his comments ....
He delete his Account ?

I think if you have sold a boatload of domains for big bucks, then he is probably not much concerned about what others think about him on this forum. Just my take on it.

Domainhans said:

What is with Mike Mann on Facebook ?! i miss him and his comments ....
He delete his Account ?

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https://www.facebook.com/mike.mann.564

F00lu said:

I think if you have sold a boatload of domains for big bucks, then he is probably not much concerned about what others think about him on this forum. Just my take on it.

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don't think
do due dilligence

Oh I do think Filter. Like I said, just my take on it. If you are successful, others will take notice. I checked your link also. Have a good day.

"Keep in mind there was nothing wrong with New Coke at all, tasted fine, and new gTLDs are awesome also, it's just that nobody will use them."

{Mike Mann}

Mike Mann attacks New gTLDs again

Mike Mann has been attacking New gTLDs again in the past few days with posts on Facebook and some tweets. He ended by posting one *******club.com sale.

I will start with what he said yesterday: “Before you blame me for taking out the new gTLD snake oil scammers, keep in mind they started it; its like a Trump thing with Rosie O’Donnell.”

Mike said in November that New gTLDs are dead.

Here is what he has said over the past few days:

“Super premium .Com domains will keep going up in value due to scarcity (flight to quality) and the expansion of the global internet, and the companies requiring great branding; the values of those fluctuate a lot due to a variety of conditions, and are not liquid. Ones beneath those best are super risky, bad investments, like all the gTLDs or any crappy .Com”

“New gTLD domains are good for owners of .Com, but bad for owners of gTLDs themselves”

“Super premium .Com domains, which predominate in DomainMarket.com’s 250,000 domain portfolio, will keep going up in value due to scarcity (flight to quality), the expansion of the global internet, and millions of global companies, people and projects requiring great branding perpetually. Ones lower in branding quality than the Super Premium .Com level DomainMarket.com specializes in are too risky for investment, like all the new “gTLD” domains, or very low level .Coms.”

“The reason I can potentially predict the domains your companies will want in the future is because people are creatures of habit and nostalgic and want things with the same characteristics that they have enjoyed all along. Serious companies wont be using crappy new domain ideas, just super premium .Com”

“The People spoke: Said no New Coke, No New Domains”

“Keep in mind there was nothing wrong with New Coke at all, tasted fine, and new gTLDs are awesome also, it’s just that nobody will use them.”

“$100M+ spent mktg. new GTLDs; Ask your neighbors if they have any idea what’s up?”

And finished today with:

• “Which is a better investment “Solitaire.Club” domain or SolitaireClub.com?”
• “this was once a serious debate, now just a joke”
• “You are kidding right, sold SolitaireClub.com $7000. Purchased 8/29/12 $8”
• “Nobody will ever give a rat’s ass about the other except the investors losing money on it.”

Mike Mann is the owner of DomainMarket.com that offers more than 250,000+ premium domain names for sale.

http://onlinedomain.com/2017/01/19/domain-name-news/mike-mann-attacks-new-gtlds/

Kate said:

Wrong assumption. New extensions are not new technology, they work exactly like the 'old' extensions. The only difference is the branding.

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The New "G"s will make search "smarter", connections to relevant content "smarter" just like the "smart phones" did for "old" tech.
Cheers

Adam27 said:

66% of new domains are Operating at LOSS.

+12% from 2016.

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99% of start ups operate at a loss for an average of 5-6 years. There are companies all over the stock market operating at a loss.
so what's your point ?
Would you expect a start up to be as successful as Microsoft or Apple in 3 years.?

With all due respect for the "Aged" "Premium" investors,
The worst thing an investor can do is "become attached" to their investment.
There is no question the Legacies will retain some "Status value"
There is no question all domains will remain high risk. This is just the beginning of part 2 in a 3 part cycle. Domains may not even get to the third cycle.
One has to wonder why the experts aren't beating a path to the doors of companies
that are 100 times more successful to advise them what a big billion dollar mistake they are making.
They are playing a numbers game just like Mann and other high profile investors. He’s a small investor
in comparison. New investors are playing too with smaller numbers.
The only thing dying is legacy investor's myopic views of relevance. .Com is not immune.
The New "Gen" market buyers will decide what is relevant.
This game isn't new, everybody knows there will be investors that succeed and investors that will fail.
Mann is smart enough to know the train is reaching its destination. The final test for an investor is: how close to the top can you walk away? A few of the best have already done that. Kudos.
Which one has the highest ROI? English.Club 17500 (2014) / SolitaireClub.com $7000. (2016)
(best available comp in price and length)
IMHO the experts that shun, create dissension and confusion are doing more harm than good even if the intent is good.
Cheers

lennco said:

Mike Mann has been attacking New gTLDs again in the past few days with posts on Facebook and some tweets.

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Nobody bothers to subminate a thing so aggressively unless he feels threaten by it.

Sounds a bit egoistic, but I enjoy Mann's "attacks" on nTLDs so much. Makes many potential competitors stay away.

If you don't Mikes approach why don't you buy new TLDs?
( or listen to Rick Schwartz )

I have some .mobi and .biz and .tel for sale ..

( no I am joking - I dropped them all .. )

This thread made me take a look at my domain portfolio. (Mind you, I only started doing this in December so there's not much.) Here's the breakdown:

.com = 17
.io = 1
.space = 1
.online = 2
.site = 1
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Total = 22
(This doesn't include the 1 sale I've made... which was a .com)

I think new TLDs can make money, but the domain has to make sense. (You see nonsensical .coms selling for big bucks but I dunno if this is the case with nTLDs.)
Also, what I plan to do is sell my nTLDs within the year. I don't see myself holding on to a new TLD if the renew cost is too high. AS long as I sell it for more than I paid.
I wouldn't focus on nTLDs.... but I wouldn't put it as harsh as MM did.

Landov said:

Nobody bothers to subminate a thing so aggressively unless he feels threaten by it.

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Yeah, fully agree. He has a lot of crap (or not necessarily crap but domains that only work if you have huge amounts of them) in his portfolio. Those kind of domains will take hit going forward IMO. Not that he doesn't know what he's doing...

nomen said:

Yeah, fully agree. He has a lot of crap (or not necessarily crap but domains that only work if you have huge amounts of them) in his portfolio. Those kind of domains will take hit going forward IMO. Not that he doesn't know what he's doing...

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I have a lot of crap too

but I guess those domains that are crap to me
may not be the one you think are crap

(this is my personal opinion) - I have a lot of respect for entrepreneurs that have been in the industry as long as Mike and Rick have. However, as some have pointed out already, they built their empire primarily on .com.

Their public portfolios' confirm that. This means that their primary business model is based on promoting and converting their .com assets, which tends to make their public opinion slightly bias since it would effect their businesses to do otherwise.

It's a smart move on their part. That's in business promotion practices 101. Solid strategy!

New gTLD's may not have much value today, however, the more companies that brand with them and launch mainstream advertising campaigns, the more popular and adaptable they will become.

It's natural to fear change in all aspects of life. Humans get comfortable the way things are and tend to rebel against it.

The realty is that when businesses don't adapt to change, they end up left behind (eventually). Change should be embraced as technology, business platforms, and even domains advance into the future.

Eventually, everything changes and nothing lasts forever. That's a Cold, hard, fact! History proves it through advancements.

At the end of the day, one should keep an open mind and do their own research.

I'm not saying New gTLD's will have more value tomorrow, next year, or even in 5 years, but I am saying that it's inevitable. Eventually, with enough mainstream exposure, they will.

Embrace change!

Happy business building.

I agree 100% with above

A year ago we have heard some of investors say it's time to get rid of the closet space wasters. Watching now Sedo and dnAux-under auctions for .com and thinking out loud again 2007 scenario. Crash, buy cheap, wait, sell.