Are .in/.co.in domains really selling?

[fojames]

There has been a lot of hype about .in and .co.in domains, but the question is, are they really selling, there seem to be too many being registered vs those being sold.

 

[HappyBunny]

Very true, Frank (and ekal too!)

"Business purpose."

I think I have learned my lesson now.

Especially for some extensions that are not mature yet...
That business purpose is really important.

- Will there be demand for such names? Now? In one year? Two years?
- Renewal fees vs Sale prices -- still profitable?
- How do I contact the potential buyers?

It is just common business sense really, something I am lacking, especially when .in was hyped much in the forums...

 

[James]

I don't get any offers.
I had faith in the extension but now I am doubting it...

:td: Same boat buddy.

I think we've just got to give it time.

 

[godolphin]

I have successfully sold many .in and .co.in domains.

Pricing should be right. Take decent profits and sell them. If prices are too much chances are that they won't sell.

Sales also depend on the quality of the name on offer. Their demand vs. supply.

 

[DomainLobe]

.IN is still 'hyped' but as an investment (long-term) not as short-term speculation.
You could likely make a 25%-100% return on recent LLL regs!

Think of the people who regret dropping generics and LLL.COM in the mid-late 90's or even during the 'dot com bubble burst'.

Patience and Foresight.

Good Luck

 

[mwzd]

HappyBunny, James... here's a suggestion -
$13 x 5 = $65, spend that on renewing the domain.

Within 5 yrs I guarantee you you'll sell it for more than $300, even dictionary words without apparent 'business' purpose. Today there is a glut in the market. Basic economic principles of demand and supply apply everywhere.

I'm unable to sell great cvcv.mobi today for 2x, I'm sure if I renew for a few years I'll be rejecting offers at what LLL.mobi is today.

I have successfully sold many .in and .co.in domains.

I know I've bought a few from you and ekal.

Pricing should be right. Take decent profits and sell them.

Correct, concentrate on ROI and you can't loose. I've sold domains worth much more at 3x... just to maintain a positive cash flow.

 

[Alan Glennon]

Concerning the LLL.in aftermarket:
I have observed just over 40 LLL.in sales completed in the last five days. This number is also reflected in whois registrant changes.

 

[thebigmoney]

hi guys i just reg

indiantea.co.in
everythingindia.in
budgetairline.in

now wad do i do

 

[dnk]

There are very few sales for .in domains. I feel a lot of .in domains will drop at this time next year.
If you are willing to pay a $13-$14 renewal for 4-5 years , .in may be a good investment.
Last year I could get common (.)in, useful(.)in and a lot of other .in domains at reg fee the investor who purchased dropped them because there was no demand.

 

[rodash]

long term investments mostly end user.

I think you are way off the mark and I'll tell you why.

India has one of the fastest growing economies in the world and a new level of prosperity is coming to India. It is making a huge imprint in IT services, both locally and internationally. The movie industry is booming and Bollywood is one of the giants of the movie industry worldwide. India, along with China, is one of the two economic superpowers of Asia (and arguably the world now that the U.S. is going into recession.)

India has a population of 1 billion people and although the vast majority of those people are in the poor to poorer classes the rate of affluency across all classes is increasing at a fast rate. Expect big growth in India's middle classes and the band of Internet users in the next five to 10 years.

India arguably has potentially the biggest population of Internet users of any English-language speaking country - that observation is based on English being the most important language for national, political, and commercial communication (Hindi is the official language but only the native tongue of 30% of the people).

The rise and importance of the Indian ".co.in" names will parallel that of the .com extension. In 1992 generic dot com names were worth nothing and people didn't know what they were and weren't interested. That same phenomena exists now with Indian ".co.in" names. Remarkably there is an incredible opportunity to buy key single-word names and key generic names. That's because domainers are not seeing the opportunity. I put that down to them not being around in the days when .com names meant little.

The only thing I can't work out is the significance (and monetary value) of .IN names in the long term. I have no doubt that .co.in names will soar in value and importance but I'm still not convinced about .in. I suspect India will follow the .com convention and the .co.in names will become the ones people want. (If in doubt, people can always buy both extensions, if they are available.)

Premium .co.in Indian names will not exhibit their peak value for some time (possibly up to 10 years from now) but the point is in 12 months from now you will not have the opportunity to buy these same names at the ridiculous prices we are now seeing. Also, the names will appreciate in value each year so it's not as though they are going to continue to be reg fee names for years and years to come. If you buy a premium Indian name today for $60-100 then next year it should be worth $xxx. The following year, possibly $x,xxx. In five years time, perhaps $xx,xxx. In 10 years from now, I would say almost certainly $xxx,xxx.

My advice to people in this forum is to buy good premium Indian names now while the opportunity exists. Buy .co.in names primarily but if both .co.in and .in are available, buy both.

From a domaining point-of-view, if you want good returns over the next two to three years, then buy LLL .in names as domainers seem to get an erection about LLL .in names

Final point, if you are in any doubt about the potential of Indian domain names, consider this: There are at least 1,000,000,000 Indians living in India (and who knows how many living in other countries) but there can only be one RealEstate.co.in and one cars.co.in and if you've got either of those names (or similar quality premium names) then you are in a very good position. Once names of this uniqueness and importance are bought for commercial purposes they are rarely sold, unless it is for big money.

 

[mwzd]

rodash, you have my vote for the best unofficial .co.in hype post I've read in a loooooong time.

The rise and importance of the Indian ".co.in" names will parallel that of the .com extension.... That same phenomena exists now with Indian ".co.in" names

Interesting observation, when all the evidence points to the contrary. I'm guessing you only have .co.in names?

The only thing I can't work out is the significance (and monetary value) of .IN names in the long term.....
.....Premium .co.in Indian names will not exhibit their peak value for some time (possibly up to 10 years from now)

Thats probably the difference .co.in will take 10 year, .in will take 3

How do you explain this then - 9 of the top 10 sales ever in this namespace have been .in? How many names have you purchased or sold in the $10k range? Do you presume people who buy domains at that level don't know what they're doing? Or do you have some insights into the "Indian Diaspora" that we are missing?

Concerning the LLL.in aftermarket:
I have observed just over 40 LLL.in sales completed in the last five days. This number is also reflected in whois registrant changes.

Aside from the odd vdo co in (no offense wot, great name), how many LLL.co.in sales have you even heard about or seen?

There are very few sales for .in domains.

Just the opposite imo, all my experience is contrary.

Last year I could get common (.)in, useful(.)in and a lot of other .in domains at reg fee the investor who purchased dropped them because there was no demand.

Again did you think why?

 

[dnk]

Of course , unlike the .in experts here, I buy domains for development, not for resale . Some of the first domains I developed were .in domains. I have had .in developed domains which had monthly revenues of $XXX - XXXX , but now I prefer to concentrate on GTLDs, because of the current internet conditions in India.

 

[advaita]

Excellent post rodash except that I believe .in will be rise more than .co.in - it's easier to type and it doesn't necessarily have to associated with India in the minds of the general Internt public (like .tv and tuvalu) .in can mean Internet, Information as well as India

For info. prices of the premium dotcoms rose 43% last year - http://www.netmonetization.com/2008/01/43-rise-in-top-domain-name-prices.html - which is a pretty good return, with poker.in selling for $60,000 I think .in is starting to interest the wider public and with the development of the Internet in India prices can only go up IMHO

 

[mwzd]

I have had .in developed domains which had monthly revenues of $XXX - XXXX

Care to share?

but now I prefer to concentrate on GTLDs, because of the current internet conditions in India.

And to elaborate?

 

[malibumobile]

2 years ago people were talking about .ins being a long term investment, saying that the real value in them is about 2-3 years out.

I registered names like Handbag.co.in, lawyer.net.in, aids.org.in and a few other good ones.

Fast forward a few years, to today, and we're starting to see this market heat up!

 

[tpruby]

India, along with China, is one of the two economic superpowers of Asia (and arguably the world now that the U.S. is going into recession.)

This is my critique - I do not believe there is any evidence that India is an economic superpower on par with the USA. India has a GDP per capita of $3800, the USA is $43,800, Canada is $35,700.

India gdp purchasing power is about 4 trillion.

USA is about 13 trillion.

Canada is just over 1 trillion.

Canada has a population of 32 million, yet has a GDP of over 1 trillion.

India has a population of 1.1 billion +, with a GDP of just over 4 trillion.

You can see right there the massive difference in present economic output capacity in relation to population...

India has lots of potential, but I am sorry, India is not one of two economic world super powers, recession or no recession in the USA. Nor is India even close at the present time, especially with a rate of inflation that is nearly 40 Rupee's to every 1 USD.

The evidence and facts do not support your assertion.

 

[wot]

I have had .in developed domains which had monthly revenues of $XXX - XXXX , but now I prefer to concentrate on GTLDs, because of the current internet conditions in India.

Yes, please share with us.

 

[dnk]

Most of the internet advertising in India is controlled by a few SEM firms who are so good at PPC that the min. revenue is paid to publishers and they get the max. profit.

1-2 years ago revenues were good for developed .in domains, now I find concentrating on GTLD domains is more profitable, you have a bigger global audience and more advertisers competing for visitors.

For .in domains, however much effort you put in , revenues remain static or decline. I have spent many hours reading and building websites, analysing results, anyone running a scan for older .in developed sites will find a few of mine.

 

[ekal]

SEO.co.in sold for $5000: http://www.DNF/f4/search-engine-optimization-co-3-thread-236481.html

 

[malibumobile]

Thats a really nice one

 

[wot]

SEO.co.in sold for $5000: http://www.DNF/f4/search-engine-optimization-co-3-thread-236481.html

About right as it is very net specific and a niche business.