Domains may see a boom soon due to Covid causing online retail boom so some budgets to spend. This may not include second choice names it will still be best names selling. If the public don't have money to spend this retail boom will not continue to last if all are broke low value names may be not worth holding. Everyone now is waiting things out so is quiet. Elections in USA don't help.
Well I hope you're right about this new boom, but I have serious doubts about it.
An the reason is, it should have happened already. At least in part. SMBs who could, should have reacted already, and they really didn't.
First, let's think about what businesses were shut down by Covid. Many can't do online, like bars, restaurants, barbers, high street shops (high price), whatever, you name it. It's only product sales that CAN move online. But most such on-street services and even some shops, can't. It simply doesn't work.
Let's suppose out of 10 existing businesses, 4 have been terminated by covid. Now looking to do something.
Most will not have cash to do it. Nor the trust to do it.
Many will not have the skills and/or support to go online. Lots of brick and mortars don't even handle email. Who is going to do their marketing? And for what fees? They can't do that themselves. Opening a street shop is something that folks can easily gauge, by looking at the passing traffic. But online, that's a completely different animal.
Not to mention competition from basically everyone else in the same niche, in the country. And prices. And already optimized businesses staying on top with ads.
No, they're dead already.
Only a few portion will be able to adapt. And I've already met some of these folks. And from what I can tell you, they are ready to pay - about 50 bucks. Say 100. No cash to spend, no willing to spend, no understanding of domains prices and value. But mostly, no cash to spend. They have already lost about everything trying to save the business.
And state-based grants already dried up. Anyone who knows a bit of economy, knows this was not meant to be a solution. It only saved a very small number of SMBs, and most cash went elsewhere or it was simply sucked out by ongoing costs on a firm dead already.
These folks will simply go in the job market, trying to find a job to survive.
I know this is painting a dark picture, and I apologize for being somewhat of a depression factor here. but again, these are the signs. It's no wonder that killing a big portion of the businesses can't really push up a field which depends, in essence, on growth and profit. Yes there is already more demand from new businesses going online. No, it can't really compensate the losses. Reasons, see above.
Take a deep look into the Great Depression. While it's not the same situation, it can provide a lot of insight and some things will eventually be found in the current situation which is, in fact, a double whammy. The world economy was already on the brink and in bubbles about to collapse, now it's inevitable.
The good part, domains will still sell, but many will have to adapt to new situation. And as usual, I'm afraid this will affect the lower end of things most.