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information Can Domain Registrations Provide An Indication Of A Trend Gone Mainstream?

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Is it possible to study a trend merely by analyzing the number of domain name registrations containing the name of the trend? A recent Verisign blog post points out that the number of newly registered domain names that contain the term 'Bitcoin' directly correlated to its dollar value. The reports says, “domain registrations increased when the price jumped up and slowed down soon after the price fell. There were 4,572 registration in 2011, and only 1,734 registrations in 2012. This seems to be the first time the correlation between Bitcoin price and Bitcoin domain name registration is clearly visible.”
The increase or decrease in the number of domain names registered do not always correlate to the evolution of a product or a trend. Take the example of a B2B product like business internet. The purchasing decisions for a product as this depend more on the annual budget and business needs. AllStream, one of the leading providers of business internet services offers sports sponsorships to reach out to businesses. Their lead generation trend may thus be centered around their marketing initiatives and not completely determined by media coverage of the industry. However, the growth and movement of domain registrations correlate more to media announcements.

So what do we make of this? If you are a marketer who wants a metric to analyze evolving trends and phenomena, studying domain registrations may not prove effective. As the above examples show, the growth in registrations come after a phenomenon has gone mainstream, and not before it. As a result, using these trends to make your business decisions may not help you be an early-adopter of a trend which is key to making your website an authority on an evolving subject.
Full Article: http://www.domaininformer.com/guide...Domain-Registrations-Provide-Indication-Trend
 
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