- Impact
- 47,110
I think there is progress!
Couple of large sales suggest that people may be getting used to the new gTLD's.
Do you agree?
Couple of large sales suggest that people may be getting used to the new gTLD's.
Do you agree?
youtu.be/2UpXCQDMno0?t=44sOne of the other issues with gTLDs is that most are in English. The world does not speak just english.
Domainers chose to drop these new gTLDs. Not the end-users. The drop represents the power behind the scenes (domainers and investors).
b.t.w. This is my last post. I like 836 number
I wish you all The Best!
I think the gTLD marketing machine will probably keep going for another couple of years and there will be some massive sales to keep people hoping for a big sale so that they renew their domains but ultimately the truth will come out and people will lose hope. I remember paying a lot of money for some LLL.biz about 10 years and had to sell them half price to just get rid of them a few years later, still good considering the current prices. Prime example is a gTLD like .travel which has been around for a while, how many websites or companies with .travel do you know? I personally know of none.
Companies use .com because it offers security and customers are educated about .com. I use a .net address for my business (I couldn't acquire the .com or the cctld when it started out, have them now though) and when i give out my email and say .net, a lot of people say dot what? They want me to repeat it. Now .net has been around for a very long time and is a good TLD imagine if I was using .life, I would probably have explain myself every single time and I don't have time for that because I don't sell domains to my customers. I would have to get paid an annual fee by the people that own .life to use it because I would be advertising their tld. People do not like change and most people do not like to learn new things, this is normal human nature.
Using a gTLD would just confuse 95% of the population, why would anyone want to confuse their customers when they can stick to .com or the country cctld? I don't want to spoil anyones dreams but I would be very careful because I have lost money in the past taking chances with random tlds. My advise is if you don't have the money to buy 10 quality .coms then buy 1 or invest your money in quality cctld depending on the local market.
If you do decide to deal in the gTLD market then flip them fast and keep doing that, you will sell a lot to confused people who think they are getting a good deal or getting a premium domain until the music stops.
Anyway, this is just my opinion and I may be proven wrong however I will stick to this for now.
You have to define "mainstream" then. If 97% of businesses are still using .com, .net, .org, .io, .co, .tv, .me, .cctld, then the remaining 3% cannot be "mainstream" regardless of how many Kerala and few others sell.
Can we have a definition of 'mainstream' ? For me they are anecdotal but maybe I should define anecdotal ?
depends what you are looking for, if you a business with advertising spending you can easily afford a good+short .com domain.
Even the business that already has the best of and most expensive .com domains buying new gTLDs.
The Founder and CEO of Houses.com, Property.com and Condo.com
just bought one of my .Life domain.
https://www.namepros.com/threads/so...om-my-new-gtld-with-bin.1063365/#post-6553121
800 for .xyz its fortuneI am in the process of closing a sale on one of my "first name"(dot)XYZ domains. I agreed to $800.00 for it. I know that's not a fortune, but still pretty good for a new extension. He works for google and wants to use it to test some apps on. It reinforces my feeling that I had when I bought my xyz's that younger and innovative type people would be the ones who want a "different" presence on the web.
Even the business that already has the best of and most expensive .com domains buying new gTLDs.
The Founder and CEO of Houses.com, Property.com and Condo.com
just bought one of my .Life domain.
https://www.namepros.com/threads/so...om-my-new-gtld-with-bin.1063365/#post-6553121
when someone registers or buys a .biz or an .info no one cares or notices, when someone buys an ngTLD it is newsworthy. The question is why is it such big news that an ngTLD sells ?
IMO these domains should not even be registered much less be priced for sale at a premium price.
Remember the guy who sold Work.space for like $50 thousand but then a year later there is no development there. Until this domain is used for a real business you just got lucky.
when someone registers or buys a .biz or an .info then you don't come to these threads and don't say that they are sucks! You just ignore them!
But you come to every new threads about new gTLDs, and start talking bad things about them starting in your first message! ..."they are not needed by anyone" and "nobody buys them..."
As for hype, I do not see any. I wish registries made much more PR everywhere. Until know, we see usually only comments by new gTLD investors, which are private entities - this is as far from hype as I can imagine...maybe we have very different definition of HYPE
you are right but keep in mind that no one creates threads hyping .biz or making unrealistic projections about the future of the extension. Why do you think people being skeptical about new extensions jump on these threads?
Somehow some of the nGTLD guys convinced themselves that must be because they are afraid that their .com investments will decline in value or that they hate them because they envy everyone holding these great new domains.
Truth is that after several years of not seeing any adoption of .brand domans, I do not think that .whatever is threatening to older extensions. I see them more as an alternative than a replacement.
Sure I would say many do not like them and they probably do not help legacy domain business but I think what people do really hate is the constant hype from the registries, the greedy business models and other domainers drinking the kool aid creating their own alternate reality.
It is just a response to the hype that people find frustrating and the lies and half-truths in this business.
A lot of sales in this business simply do not happen, does not matter if .com or any other extensions. A lot is fake in this industry.
Also I do not come to every thread but when I see one I do comment of course. i do not comment on .biz threads because there is no .biz hype.
if we had a daily thread talking about the great future of .biz or how .us will replace .com including ads, sales reports and "excited" bloggers, think I would start disliking these extensions too and start commenting.
If it werent for the hype I probably would not even care.
All those up and coming crypto companies will drop soon, and their names will follow.Recently I studied which names are choosen by new crypto companies/exchanges - it is almost unbelievable how many of them go for short, nice and clear word1.word2 gTLD combo name.
Why, because they are 22-30 ?And I honestly do not think that after some of them become more prominent in future they will rebrand to word1word2.legacyextension form...when you see founders of those companies, in many case 22-30 age range...this is not going to happen, in most cases.
Recently I studied which names are choosen by new crypto companies/exchanges - it is almost unbelievable how many of them go for short, nice and clear word1.word2 gTLD combo name.
And I honestly do not think that after some of them become more prominent in future they will rebrand to word1word2.legacyextension form...when you see founders of those companies, in many case 22-30 age range...this is not going to happen, in most cases.
Nothing agaist legacy extensions, full respect, but they are just another investment tool, and new G's are investment tool which can nicely exists in parallel. Some of the businesses will choose new G's, while others will go for legacy extensions. That's all.
As for hype, I do not see any. I wish registries made much more PR everywhere. Until know, we see usually only comments by new gTLD investors, which are private entities - this is as far from hype as I can imagine...maybe we have very different definition of HYPE