.co .CO - The Discussion, Showcase and Sales Report Thread

[TOXX]

Well, it seems like Colombia will be releasing .CO to the internet market:
...
http://www.mincomunicaciones.gov.co...ge=./mods/contenido/noticia_user_view&id=1043
...
This could truly be a big competitor to .COM (especially being a "typo").
I would say with proper guidance .CO could REALLY have a bright future!
...
Let me know your thoughts please.

 

[freedom30]

Is that really a realistic choice?

A great term in an average extension is always better than an awful term in .COM

I would take Flowers.cc over JoesFlowerShopInChicago.com, but it is a false comparison.

Brad

...no...it's not.

 

[emjohn]

First, I am not responsible for interpretation of what I say, nor am I responsible for the misconstruings of others. If people want to act before they learn, what can I do? I'm not in control of this and please don't push that duty on me. If you have read my posts all along, you'd see that I see endusers as the main alternative for selling. That's just how it is.

To say that enduser sales for good LLL.co are around $2000 is hardly pumping. It is a fact. So if I say the "sweet spot" for a good LLL.com is $20000, well, is that pumping .com? No, it isn't. It's a fact. Low end LLL.com go for $4000.

If you are naive enough to believe that every LLL.co will go for $2000, well, let's hope it's one time a mistake and second time not a habit.

At the end of the day, it's not up to me to exhaustively qualify all my statements.

Flippers for small profit DO bring the industry down. Holding a .co domain you bought for $25 in order to get a $15 profit, well, you might as well let it drop. Why not buy a name and create something on it or try to sell to an enduser or at least a reasonable reseller? Peddling LLL.co for $30 on a forum ....well, might as well just drop it and let a more caring individual pick it up. Just shows you (meaning that arbitrary person) have no interest in the extension nor establishing market prices. Might as well go on to something else.

I don't want to search the past posts, but if memory serves me correctly, you said something along the lines of "$2000 seems to be the sweet spot for nice LLL.co". I don't recall you including in that statement that this was for higher end LLL.co and a newbie reading this thread, as most do at the beginning, thinking that he can go get some "nice" LLL.co and flip for $2000 as that is the "sweet spot". They don't know what nice is, and "premium" seems to include every letter in the alphabet lately. That exact statement you made is called pumping an extension



WWHHHAATT?? How do members of Namepros who flip names on a forum bring down the industry?? Surely you don't think end-users come to these forums and see that "Namepros member A" sold a domain to "Namepros member B" for "$30" therefore the market must consider those sales, therefore bringing down the industry. Your statements are just not making any sense whatsoever to me.

I am a supporter of .co and would like to see it flourish. I also understand the boundaries and big challenges ahead for it to be successful.

One problem with .co I see happened to me very recently. I decided to create a running blog for a running group my wife and I currently have. I enthusiastically decided to find a .co I could use for it, wanting it to be a somewhat decent keyword or keyword phrase relating to running in the .co extension, not really caring if traffic bled into the .com. I couldn't find anything decent available as everthing was either registered and pointing to a parked page or/and someone wanting way too much. I eventually gave up on finding one in a .co and am going with a good .com brandable I already have. Too bad because I really wanted to develop my blog on a .co.

 

[Kate]

Flippers for small profit DO bring the industry down. Holding a .co domain you bought for $25 in order to get a $15 profit, well, you might as well let it drop. Why not buy a name and create something on it or try to sell to an enduser or at least a reasonable reseller?

Seriously, do you think it's always a matter of choice ? People flip at reseller pricing because the odds of an end user sale are considered remote at best.
I see people struggling to sell their LLL.co for little more than regfee, why do you want them to hold and continue sustaining losses.
Let's be realistic, raising the bar will do no good if there are no buyers in the first place.
As you put it, not every LLL.co will go for $2000.

 

[JoeBiz]

Flippers for small profit DO bring the industry down. Holding a .co domain you bought for $25 in order to get a $15 profit, well, you might as well let it drop. Why not buy a name and create something on it or try to sell to an enduser or at least a reasonable reseller? Peddling LLL.co for $30 on a forum ....well, might as well just drop it and let a more caring individual pick it up. Just shows you (meaning that arbitrary person) have no interest in the extension nor establishing market prices. Might as well go on to something else.

Flipping is the basis for millions of free market businesses from one-man domainers to realtors to car dealers to Wal-Mart. Holding for the big kill is generally the exception. Move the volume, MOVE IT MOVE IT MOVE IT. I want to see things going OUT of the door, not coming in. High volume, low profits makes heap big money.

I don't want to insult you or start a debate. You've had your business experience as have I. More than likely they were very different. Everyone would love for everything to be Black or White ... but it almost never is. Damn grays everywhere. And if you challenge me on anything I've said I'll delete it and deny it.


8^X

 

[emjohn]

I don't see anyone struggling to sell LLL.co for reg. fee. Hold on? I said to drop it! The $10 profit they are after isn't worth it!

There are buyers. You have to find them. But that takes work...I don't mind the work.

Whenevr someone buys a domain they must have a plan. If you plan is to flip it for $15 profit, be my guest. But it doesn't do the extension any good on the whole.

Endsuers are not remote in .co if the domain is priced properly. But that is an art and not a computer science...

But now that I think about it a little more sinc, I think we're talking about apples and oranges. I think your expectations are different from mine. I'm not going around looking for a $20000 sale. I know where the the .co market is at.

Seriously, do you think it's always a matter of choice ? People flip at reseller pricing because the odds of an end user sale are considered remote at best.
I see people struggling to sell their LLL.co for little more than regfee, why do you want them to hold and continue sustaining losses.
Let's be realistic, raising the bar will do no good if there are no buyers in the first place.
As you put it, not every LLL.co will go for $2000.

---------- Post added at 06:33 AM ---------- Previous post was at 06:29 AM ----------

I see your point and don't disagree. However, the .CO registry has the motto, "buy and create" something. I think it's a pretty good idea. And since we are dealing with domain/business "names", it's a bit different than trying to get rid of extra shoes from the Fall collection, if you know what I mean.

What you are speaking about is just a different business model and I understand that.

Flipping is the basis for millions of free market businesses from one-man domainers to realtors to car dealers to Wal-Mart. Holding for the big kill is generally the exception. Move the volume, MOVE IT MOVE IT MOVE IT. I want to see things going OUT of the door, not coming in. High volume, low profits makes heap big money.

I don't want to insult you or start a debate. You've had your business experience as have I. More than likely they were very different. Everyone would love for everything to be Black or White ... but it almost never is. Damn grays everywhere. And if you challenge me on anything I've said I'll delete it and deny it.


8^X

 

[JoeBiz]

I don't see anyone struggling to sell LLL.co for reg. fee. Hold on? I said to drop it! The $10 profit they are after isn't worth it!

There are buyers. You have to find them. But that takes work...I don't mind the work.

Whenevr someone buys a domain they must have a plan. If you plan is to flip it for $15 profit, be my guest. But it doesn't do the extension any good on the whole.

Endsuers are not remote in .co if the domain is priced properly. But that is an art and not a computer science...

But now that I think about it a little more sinc, I think we're talking about apples and oranges. I think your expectations are different from mine. I'm not going around looking for a $20000 sale. I know where the the .co market is at.



---------- Post added at 06:33 AM ---------- Previous post was at 06:29 AM ----------

I see your point and don't disagree. However, the .CO registry has the motto, "buy and create" something. I think it's a pretty good idea. And since we are dealing with domain/business "names", it's a bit different than trying to get rid of extra shoes from the Fall collection, if you know what I mean.

What you are speaking about is just a different business model and I understand that.

Actually our goals are very much alike overall.

 

[Keith]

The $10 profit they are after isn't worth it!

Why not? If you do it time after time at $10 a pop, that adds up!

Also, who cares about an extentions well being, aside from the registry of course? I don't. I enter an investment to make money for myself and that's where the buck stops. Making sure .co is a success as a whole is the furthest thing from my mind. Profiting from domains on any level is all that matters to investors.

 

[emjohn]

I see your point Keith, but the person who bought the domain from you would prefer that it is a good extension to build on. I know you don't care about the person who bought it from you, but why would a person buy a domain from you if they didn't think they could build on the extension? That would be crazy! If you bought a .co domain for $300 and turned it for $3000, do you consider yourself an "investor"? Someone along the line will try to build on it. If you're selling without standing behind what you sell, well, that's something different...

That's called "making a sucker" out of people. If you're OK with that, fine. No problems. But not everyone is OK with that.

Why not? If you do it time after time at $10 a pop, that adds up!

Also, who cares about an extentions well being, aside from the registry of course? I don't. I enter an investment to make money for myself and that's where the buck stops. Making sure .co is a success as a whole is the furthest thing from my mind. Profiting from domains on any level is all that matters to investors.

 

[Keith]

If you're selling without standing behind what you sell, well, that's something different...

That's called "making a sucker" out of people. If you're OK with that, fine. No problems. But not everyone is OK with that.

You're thinking of domains like they're cars or something like that. Whereby the item has been manufactured to meet certain standards before being sold to the public. Many things even come with a warranty for consumer protection because they are expected to perform in working order for months/years.

Domains have no warranty, no guarantees, and have NOT been created for usage directly out of the box. When I sell a domain, responsability falls on the buyer to make something out of it. The buyer isn't being made a sucker if they fail to do their homework before investing. It's simply poor planning on their part if things don't work out.

Do you offer a money back gaurentee to folks who buy your domains when they fail to turn a profit?

 

[JoeBiz]

Neither the Buyer nor the Seller has a crystal ball. Add to that that each has access to the same research material and each has to use their best judgment regarding the future of the Domain, AND I don't have anything up my sleeve. I think that's a level playing field..:imho:


8^X

 

[freedom30]

...the person who bought the domain from you would prefer that it is a good extension to build on...

...any extension is a good extension to build on. It all depends on the skill and desire and needs of the builder...

"...That's called "making a sucker" out of people..."
...uh, no, it's called doing business. Clean and honest profit (it's not a dirty word)

Selling domain names that carry tm infringements however is making a sucker out of people...

 

[MicroGuy]

...any extension is a good extension to build on. It all depends on the skill and desire and needs of the builder...

This is very true. With the right skills and desire, one can build a magnificent store with fabulous inventory. But if it's out in the middle of the woods (.CO), you are guaranteed to have fewer customers than if the store was on Main Street (.COM). IMO.

 

[freedom30]

This is very true. With the right skills and desire, one can build a magnificent store with fabulous inventory. But if it's out in the middle of the woods (.CO), you are guaranteed to have fewer customers than if the store was on Main Street (.COM). IMO.

...where the long tail is involved distance is of little or no consequence...marketing also being a necessary tool in the builder's toolbox.

 

[the_poet]

It looks like they've somewhat revealed the model who will be starring in the next SuperBowl commercial:

Super Bowl .CO Go Daddy Girl Revealed

http://www.elliotsblog.com/co-go-daddy-super-bowl-girl-revealed-2895

 

[emjohn]

Keith, there is such a thing as ethical business. If it is some people's "thing" to sell something, anything, just to make the buck, I guess it's their thing. To me, it's unethical. And yes, people CAN have ethics, even in the computer age where anyone can hide behind their computer...

As a seller, I don't see any difference between being ethical selling cars or domains. Plus, I don't need a consumer board to tell me how to treat people.

At the end of the day, if you are a motivated seller to an enduser for bigger money, you are going to have to come up with REAL reasons that it's a good buy and to justify your numbers in a negotiation. That's pretty hard when you don't really care about what you are selling. Personally, I wouldn't buy from someone who didn't believe in their products. Maybe I'm a bit old school about that, but I see reason for it.

You're thinking of domains like they're cars or something like that. Whereby the item has been manufactured to meet certain standards before being sold to the public. Many things even come with a warranty for consumer protection because they are expected to perform in working order for months/years.

Domains have no warranty, no guarantees, and have NOT been created for usage directly out of the box. When I sell a domain, responsability falls on the buyer to make something out of it. The buyer isn't being made a sucker if they fail to do their homework before investing. It's simply poor planning on their part if things don't work out.

Do you offer a money back gaurentee to folks who buy your domains when they fail to turn a profit?

---------- Post added at 02:23 AM ---------- Previous post was at 01:37 AM ----------

This is very true. With the right skills and desire, one can build a magnificent store with fabulous inventory. But if it's out in the middle of the woods (.CO), you are guaranteed to have fewer customers than if the store was on Main Street (.COM). IMO.

I can't put my finger on it, but there's just something about that analogy that just doesn't make sense...

 

[freedom30]

... you are going to have to come up with REAL reasons that it's a good buy and to justify your numbers in a negotiation.

...the only, ONLY real reason being that the enduser wants the product, PERIOD!

As I stated in previous post which was either ignored as making too much sense or not read at all, "...any extension is a good extension to build on. It all depends on the skill and desire and needs of the builder..."

and

""...That's called "making a sucker" out of people..."
...uh, no, it's called doing business. Clean and honest profit (it's not a dirty word)

Selling domain names that carry tm infringements however is making a sucker out of people... "

the enduser dictates the price ALWAYS...if you do not like it you are in the wrong business.


You should reserve your thoughtful business manners and etiquette for registrars who sell and people who buy tm's and holds them for ransom, like the recent sale of netflix.tv...

 

[emjohn]

OOh la la. If it is indeed the chosen .co girl, not too bad...

It looks like they've somewhat revealed the model who will be starring in the next SuperBowl commercial:

Super Bowl .CO Go Daddy Girl Revealed

http://www.elliotsblog.com/co-go-daddy-super-bowl-girl-revealed-2895

 

[MicroGuy]

I can't put my finger on it, but there's just something about that analogy that just doesn't make sense...

Well, .CO is the country code TLD (ccTLD) for Columbia. I guess I should have said third-World Country instead of woods. (())

 

[emjohn]

Now you're moving from disparagement to bigotry. Wonderful. Hey Mods, where are you?

Well, .CO is the country code TLD (ccTLD) for Columbia. I guess I should have said third-World Country instead of woods. (())

 

[MicroGuy]

Interested article pertaining to the high-risk game of the ccTLD.

http://www.elliotsblog.com/risks-in-buying-cctld-domains-example-of-ly-domain-name-taken-by-registry