NameLot

Are you investing in new gTLDs in 2020?

Labeled as question in gTLD Discussion, started by Brands.International, Jul 26, 2020

Replies:
53
Views:
2,817

  1. mpls

    mpls Top Contributor VIP

    Posts:
    837
    Likes Received:
    1,300
    Absolutely not. It is a complete waste of money in my opinion.
    Yes they're "appealing", "cool", "modern" but people DON'T need them.
    I've owned only 1 word domains such absolute club, everything club, replay club, leo one, ok network and many other.
    Never receive a single offer/made a sale at sedo.
    3 sales in 6 years via afternic ($5k in total and for me is nothing).
    I've earned 1 month salary in 6 years with newGTLD.
    Look at namebio, dnjournal, the ratio is 99% .com, maybe 1% newGTLD.
    Sometimes several weeks passes before we see a newGTLD sale (most of time registry sale, not domainers).
    My next step in domain industry is to take $10k and invest ALL in quality com.
    Look at @AbdulBasit.com or @TERADOMAIN , they have success but they invest only in quality com.
    And I want to do the same.
    PS: I could have made more money if I had bought lottery tickets instead of newG. In the worst case scenario, I would have lost 60% of the invested capital, perhaps I would have gone in balance but I would have hardly lost 90% as happened with newG. Stay away from them.
    PS2: I am still waiting for the newGTLD succesfull domainer, and I am not talking about selling newGTLD for $500k and have 50k to renew to renew (NET after renewal, commissions and taxes at the end of the year $12k aka $1k per month).
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,973
    Likes Received:
    10,872
    Never invested and don't plan to invest in the future as well.
    Totally agree with what @mpls said.
     
  3. Brands.International

    Brands.International formerly lolwarrior VIP

    Posts:
    6,142
    Likes Received:
    8,494
    Thanks for sharing your personal experience with new gTLDs, it is much appreciated!
    And I hope the .com investment will work nicely for you :)
     
  4. Brands.International

    Brands.International formerly lolwarrior VIP

    Posts:
    6,142
    Likes Received:
    8,494
    I am 100% sure you are doing very well with your current investment strategy, reading about many of your very nice sales. And if that works well for you, no need to change that. IMO. Thanks for sharing :)
     
  5. BrandCollectors.com

    BrandCollectors.com Restricted (DM)

    Posts:
    1,449
    Likes Received:
    1,192
    new gtlds is not new. anymore. and i am not investing in them
     
  6. lotk

    lotk Top Contributor VIP Blue Account ★★★★★★★★★★

    Posts:
    1,255
    Likes Received:
    600
    I am not buying any more "new" gtlds anymore (as I buy sorority.shop for $2) but I am getting some 4 figure sales along with several under $1k.

    In case someone is still buying, here are some decent ones available (imo).
    robotics.camp
    snipe.auction
    auction.guide
     
  7. TERADOMAIN

    TERADOMAIN QualityNames.com VIP

    Posts:
    4,687
    Likes Received:
    11,151

    Everyone has their own strategy. Data is very important behind any strategy.


    Agree with my dear friend @AbdulBasit.com . NGTLD is not part of my current plan and most probably won't be in near future. Will stick to quality .com . Try to keep drilling that area to keep improving with time.

    Thanks
     
  8. garptrader

    garptrader Top Contributor VIP ★★★★★★★★★★

    Posts:
    3,146
    Likes Received:
    3,527
    Every year tens of thousands of high school athletes aspire to one day play professional sports. 99.99% of them will never make it the professional leagues and even the rare exception will only last a few years before injury or the annual new crop of competitors will retire them. A similar fate falls those who aspire to be actors or professional musicians. In any field there are those who will perform better than average but why enter a field with a high failure rate. Domains are speculative to begin with and while most forum members believe in the branding power of domains, the reality is the vast majority of domains used by business were acquired for under $100 - not the five figure sales that attract newbies into domaining. Alternative extensions have a poor track record and the addition of hundreds of competing alternatives does not create scarcity for the domain seller. When an end user can easily find an alternative to an aftermarket domain for under $50, there is no reason to pay a premium price to acquire one. Of course there will be the Michael Jordan and LeBron James of new TLD investing but the majority of such investors will not fare so well.
     
  9. HotKey

    HotKey Made in Canada VIP

    Posts:
    2,808
    Likes Received:
    6,794
    Short answer; Yeppers!

    Nice to see you pop in lolwarrior. Do so more often.
     
  10. Brands.International

    Brands.International formerly lolwarrior VIP

    Posts:
    6,142
    Likes Received:
    8,494
    Thank you @HotKey , I definitely will do :)
     
  11. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

    Posts:
    15,458
    Likes Received:
    19,438
    Just turned $30,000 on another .media. buyer came up from $12,500 but Mike was not interested, now of course when you are worth tens of millions $30,000 is a rounding error.
     
  12. lotk

    lotk Top Contributor VIP Blue Account ★★★★★★★★★★

    Posts:
    1,255
    Likes Received:
    600
    @equity78 You may have already shared but what extensions do you see getting the most offers / sales? And yes, it doesn't matter the extension as long as it is a good combination but just wondering.

    I'll just say my best selling extension is .work
     
  13. Welberch

    Welberch Restricted (50-70%)

    Posts:
    1,790
    Likes Received:
    835
  14. MasterOfMyDomains

    MasterOfMyDomains Top Contributor VIP ★★★★★★★★★★

    Posts:
    4,606
    Likes Received:
    4,716
  15. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

    Posts:
    15,458
    Likes Received:
    19,438
    Lately it has been .media. Mike and I both had have offers coming in the past two weeks.

    Now I will be the first to say I thought .media would have produced more reported sales and it has not. Now I also did not invest a ton so I am up. But it's nothing to jump and down over.

    I only have a small sample size in .life but I had three offers on theater.life.

    I think the overall thing when looking at new gtlds is will the juice be worth the squeeze. I certainly was not willing to get really involved like Mike Berkens or Chad Wright or Marek.

    But look @DNGear that lady is doing really well in an extension I had no interest in, .xyz, she sold Mesh.xyz for $9,888 today. That's a great sale in my opinion.

    If you said to me Exuberance.com will sell on Aug 3 and Mesh.xyz will sell on Aug 4 which will sell higher to an end user. I am pushing all my chips in on Exuberance.com. Mesh.xyz beat it by almost $2,000. DNGear is just on her game.
     
    Last edited: Aug 5, 2020
  16. lotk

    lotk Top Contributor VIP Blue Account ★★★★★★★★★★

    Posts:
    1,255
    Likes Received:
    600
    Thanks for the great reply! I will share one sale I had from 12 months ago but it was on a payment plan that completed this month... we[.]money for $4,888
     
  17. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

    Posts:
    15,458
    Likes Received:
    19,438
    There is an error that I updated my point was I did NOT invest a ton.
     
  18. lotk

    lotk Top Contributor VIP Blue Account ★★★★★★★★★★

    Posts:
    1,255
    Likes Received:
    600
    Sure, but I greatly respect your opinion. I also did not get involved as much as the others you mentioned.
     
  19. Brands.International

    Brands.International formerly lolwarrior VIP

    Posts:
    6,142
    Likes Received:
    8,494
    I totally believe your best selling extension is .work, because you have some very good .work domains afaik :)
     
  20. Brands.International

    Brands.International formerly lolwarrior VIP

    Posts:
    6,142
    Likes Received:
    8,494
  21. Judge9

    Judge9 DigitalNamed.com VIP

    Posts:
    1,048
    Likes Received:
    3,617
    ABE67C37-FCA2-4169-A2DF-3CA727182737.jpeg BF01761C-6751-4053-873C-1AAB1BACD2E7.jpeg
    I only own 2
    NewgTLD.domains
    Fintech.Express
    the rest I own are all .coms
     
  22. ArielT

    ArielT Top Contributor VIP

    Posts:
    1,540
    Likes Received:
    623
    It would be good if registries waive the premium and reserved names
     
    Last edited: Aug 17, 2020
  23. passini

    passini Established Member ★★★★★★★★★★

    Posts:
    177
    Likes Received:
    219
    I was already domaining when .info .biz and .us (yes I know is a cctld) were the new thing. I didn't like any of them so much so I didn't invested a lot, a few thousands in .info that to be honest at the beginning in some niches (geo, med, and few more) were selling in the aftermarket.

    It didn't last long. Many loose a lot of money on these extensions. I was also really lucky to hate .mobi, I didn't really understood this extension, I still had a phone without internet at the time, good for me, lol!

    When all this new gtld were announced to be released I just thought: "ok good the .com will became even more valuable". I wasn't wrong I guess. But I passed on many good .net and .org thinking that the new extensions at least would be able to compete with them. I was wrong, nothing really changed a lot.

    I don't like gtld, too much problems to handle them, is already difficult to sell a .com to the right enduser for the right full price, why invest in something harder to sell?

    Anyway I see here people who buy and probably sell all these new extensions with good results, so as the French people say "chapeau"!
     
    Last edited: Aug 17, 2020
  24. Brands.International

    Brands.International formerly lolwarrior VIP

    Posts:
    6,142
    Likes Received:
    8,494
    It would be good, but we do not live in socialism :)

    They had to pay, in some cases tens of millions of dollars just to get the right to operate just one extension. They also have to pay yearly maintenance fees and they have to pay their employees who are actually operating the extension.

    So to waive premium and reserved names, so we, domainers are happy, sounds good in theory, but registries are private companies, and they are not charities for us :)
     
  25. Brands.International

    Brands.International formerly lolwarrior VIP

    Posts:
    6,142
    Likes Received:
    8,494
    Thanks for sharing your experience!
    And sorry to hear new gTLDs have not delivered better for you.
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
biix
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...