.tv Got off the phone with Enom and Verisign

[equity78]

First I called Enom and asked about why Tea.tv was $250 and the new premium are non premium pricing.

Spoke to a customer service rep, who said "Its not us, its Verisign."

So then I called Verisign HQ and finally got a customer service rep for domains. Henry. He said absolutely old premiums would keep the premium renewal and he said that was coming from Verisign, not ENOM.

So Verisign is where to put your effort in getting things done.

 

[MillersCrossing]

First I called Enom and asked about why Tea.tv was $250 and the new premium are non premium pricing.

Spoke to a customer service rep, who said "Its not us, its Verisign."

So then I called Verisign HQ and finally got a customer service rep for domains. Henry. He said absolutely old premiums would keep the premium renewal and he said that was coming from Verisign, not ENOM.

So Verisign is where to put your effort in getting things done.

Ray - this does suck for premium holders with names with xxxx renewals. Not so much because of the holding costs, but because of the phone going dead when you start to explain the premium pricing to a potential end user...

However, if some of these premiums are bought to develop at some point down the line, then alot of people have amazing deals, particularly those from the August 2006 -December 2006 goldrush - where names were 70% off and the prices were at 1/10 the prices they are now.

So, if I may point out one name that will always come to mind. LV.TV owned by SKG - I believe it is 70% of $750 which was the cost then of any LL.TV with a few exceptions (DE,IT,RE,DR etc).

Imagine trying to buy that name now. No way for under 20k IMO. So it needs renewing at around $175 a year - so bloody what!!

The same with your tea.tv Ray. At $250 renewal fee - it will take 10 years before you start paying out more for your name than Richard did for Coffee.

Its a great name and should be developed.If you dont have time or funds, put it away for a rainy day or sell if someone is mad about the name and offers end user pricing...

As for those of us with 1k++ premiums - it looks like so far this is going to be a big problem. Even worse would be if Verisign singles out certain premium owners for special deals like the Frank Schilling debacle.Then no one will ever truly know what names are premium and what ones are not and the market will collapse for premium renewals.

My advice for what its worth is drop and buy back or just drop (its a mind set you will have to get ready for at some stage)

If you can sell your xxxx names at a big profit now (like Jim says with England.Tv) - IMHO sell it, cause if the premium renewals are here to stay- they will over time become more and more of a paraiah name.....

If you have enough money to buy the entire.tv extension I would advise to hold till old age, and see which fully matures first - you or the name...

Development is an option but is an extremely tough nut to crack...very tough.

Gamble that at some point Verisign will get rid of legacy renewals altogether and keep paying renewals until they do.

 

[RogueWriter]

Maybe they just need to hear from more people. I haven't started calling yet, I only have 1 $500 premium, afterall, but if every premium owner called once a day, every single day, eventually someone with decision making power will be made aware of the issue.

 

[freedom30]

Maybe they just need to hear from more people. I haven't started calling yet, I only have 1 $500 premium, afterall, but if every premium owner called once a day, every single day, eventually someone with decision making power will be made aware of the issue.

gee, I dunno, rogue. I really think that someone with decision making power is aware of the situation...

 

[DU]

How many old premiums that are questionable drop/holds are there from a risk/reward standpoint?

If it's not questionable - then risk the drop / pickup.

How many of those questionable are held by end users with developed sites?
How many of those questionable are held by domainers?

This is where the question really bears weight and consideration. I feel sorry for anyone who has a business end developed site - but it could be argued that their business plan should have incorporated the renewals. I doubt anyone with a 1K renewal on a real business is overly concerned with margins that small (that's what, one copy of an Adobe suite?)

If you're a domainer. It's too bad. I don't think anyone cares. It was an investment that didn't work out. Why would Verisign do anything? If you think that they "CARE" about the extension.. then they would force people to do more than just hold premiums, in fact, they just threw 30,000 of them to be parked ... so I don't think they care that much.

At the end of the day... you all talk about "long term commitment to the extension".... buying a premium and holding it hoping that someone wants to buy it at a huge EXTRA premium to them.

Way to go! That surely deserves consideration.

Some people invested in Enron. Some people invested in Sun - some of them sold 8 years ago.

I think it's time you all got over it. Either they will do it or they won't. It won't be because they care about you. It's a business. You add up what it costs, you offset that against potential gains. You keep or you drop. History is irrelevant. Sunk costs are sunk costs.

I'm not trying to be hateful, just realistic

---------- Post added at 02:48 PM ---------- Previous post was at 02:02 PM ----------

I think a one time buy out option would be fair even though this doesn't help those who already pre-paid. It would be a kind of win win.

 

[snoop]

However, if some of these premiums are bought to develop at some point down the line, then alot of people have amazing deals, particularly those from the August 2006 -December 2006 goldrush - where names were 70% off and the prices were at 1/10 the prices they are now.

The people who bought names 4 years ago and are sitting on them are never going to develop those names, despite what they say.

The same with your tea.tv Ray. At $250 renewal fee - it will take 10 years before you start paying out more for your name than Richard did for Coffee.

The difference is one name is an asset, the other name is closer to a liability. I really doubt tea.tv is worth much. In 10 years it will have the same issues as today.

Its a great name and should be developed.If you dont have time or funds, put it away for a rainy day or sell if someone is mad about the name and offers end user pricing...

Yes...put it away for that rainy day....on the "never never".

Then no one will ever truly know what names are premium and what ones are not and the market will collapse for premium renewals.

Personally I would have said the market collapsed a couple of years ago. There is still the occasional sale but not much, and usually at very distressed prices.

My advice for what its worth is drop and buy back or just drop (its a mind set you will have to get ready for at some stage)

Agree.

Gamble that at some point Verisign will get rid of legacy renewals altogether and keep paying renewals until they do.

People are better of facing reality in my view.

 

[equity78]

I agree James good post, and to Tea.tv, I have not had one three month period since I owned Tea where it has not gotten at least one offer. And if I decided to develop it, the name would make a lot more than $250 a year. Again stick to topics you know and are passionate about.

James to your point about dropping the x,xxx and above I agree take the chance and drop the name. Maybe you can buy it back for a lot less. Some names will have competition, like Orlando.tv. Again IMO

 

[snoop]

I agree James good post, and to Tea.tv, I have not had one three month period since I owned Tea where it has not gotten at least one offer. And if I decided to develop it, the name would make a lot more than $250 a year. Again stick to topics you know and are passionate about.

Let see action rather than words. At the moment it is a park park, and I doubt it is earning anything.

 

[freedom30]

The difference is one name is an asset, the other name is closer to a liability. I really doubt tea.tv is worth much. In 10 years it will have the same issues as today.




People are better of facing reality in my view.

I like tea. I am drinking tea as I sit here right now. It's YOGI Royal Vitality tea.

There are literally thousands of types of tea, from herbal to green and white to orange pekoe to black and everything in between. It was discovered that you can drink tea thousands of years ago and now is more than likely the drink of choice by as many if not more people that drinks coffee.

Lest anyone here who peruses my post begins to wig out regarding the "relevancy" of my statement, the opinion I am presenting is that we have to look at the whole picture, not just the one that is in front of us.

As I looked at the potentialities of coffee.tv, I also realized at the same time that tea has a worldwide appeal that a lot of us here(evidently by reading the post)are just plain ignorant of. Now ignorant in this case only means not aware of, nothing offensive and nothing to be ashamed of.

I'm aware of it, and it is just as valuable as coffee to me, which I also drink, by the way. All one has to do is sell the sizzle and this domain name is sold.

What a beautiful three letter drink!​

As for your other statement...of course you should!

 

[snoop]

All one has to do is sell the sizzle and this domain name is sold.

I see we haven't come far in the last few years.

Who is likely to buy this name?
What would they do with it?
Why would they want it in .tv? (where is the fit?)
Are they really going to pay a premium for it and be willing to cough up $250 per year?

I don't see how the name any different to all the other much lauded but loose fitting premiums of the past which ended up being dropped or resold for peanuts. Those names supposedly had offers aswell, with talk of development. England.tv, Bird.tv anyone?

Even the com/net/org are park pages which should say something for the potential in .tv.

 

[Vito]

Snoop,

I understand your arguement on the yearly fees, and that money could go to something which does not cost a yearly fee anymore, but the logic here is...
First off Equitys plans and/or passion with tea, and of course his finances...
Second is what is the value of a 3-L.tv, 2-$500-ish...
Make that 3-L an actual word,
Make that word that actually is a HOT product name,
See where the market is at currently,
(RPK grabbed coffee, for I think about 2.5 - 3k)
which was a steal! that should have been in the big auction,
and if it was, there is no doubt in my mind it woulda been at LEAST low $xx,xxx.

Product .tv's do sell well and that is a super hot product and a short domain.

It may very well be worth the risk to him.

Now, Lets talk about EndUsers...How about Lipton, or better yet Snapple???

It may be worth holding on to.

No, Let me phrase it this way, If it were mine for only $250 a year, I would definitely hold on to it because I know I would make 10x $250 easy on that domain one day.

 

[freedom30]

I see we haven't come far in the last few years.

Who is likely to buy this name?
What would they do with it?
Why would they want it in .tv? (where is the fit?)
Are they really going to pay a premium for it and be willing to cough up $250 per year?

I don't see how the name any different to all the other much lauded but loose fitting premiums of the past which ended up being dropped or resold for peanuts. Those names supposedly had offers aswell, with talk of development. England.tv, Bird.tv anyone?

Even the com/net/org are park pages which should say something for the potential in .tv.

I see we haven't come far in the last few years.
No, it doesn't look like you have. But at least you admit it.

Who is likely to buy this name?
Tea company?

What would they do with it?
Market their product?


Why would they want it in .tv? (where is the fit?)
Don't have to fit - don't you know that by now?


Are they really going to pay a premium for it and be willing to cough up $250 per year?

No reason why they wouldn't, is there? It's not like it's all the tea in China.

I'm not interested in all that old time stuff, Snoop...times are different now. You do know that, don't you?

Even the com/net/org are park pages which should say something for the potential in .tv.

The price of .tv is more accomodating than the left lung that the .com more than likely wants. net and org not as good as .tv

I like tea and so do I would guess BILLIONS of people. The buyer for the name is there, alright.

Yes, indeed. What a lovely marketable three letter .TV word!

I see goods things happening with the extension overall.

 

[snoop]

Snoop...times are different now. You do know that, don't you?

Exactly, and I think that is why most domaienrs would realise that a somewhat weak keyword, with a poor fit at a premium renewal doesn't cut it anymore. The chance of any enduser coming forward for this name is very remote in my view.

 

[equity78]

First off I don't have to show anyone action, secondly I am not looking to develop tea.tv right now. More than likely the name will be sold as the name has had 3 offers in the last 6 weeks. I need to decide whether I want to sell but have had more important things on my plate than Tea.tv which is the one name I don't care how long I own and I did not say I had a problem with the $250. Thirdly this thread was not about tea.tv. And last but not least I don't remember asking for your opinion on Tea.tv snoop, there are some here that value your opinion, I do not value it in the least and could care less what you think about anything.

 

[snoop]

And last but not least I don't remember asking for your opinion on Tea.tv snoop, there are some here that value your opinion, I do not value it in the least and could care less what you think about anything.

Funny stuff, both you are Miller's were talking about the name before I commented. Maybe don't post discussion of it on a public forum if you only want certain people commenting.

 

[equity78]

Wrong, I did not post about tea.tv learn how to read. I made a call and mentioned TEA.tv to both ENOM and Verisign because it is the only premium .tv I own. So that's why I mentioned tea. James then referenced tea.tv and gave his opinion. I did not discuss the merits of tea.tv. It is the name that is the least on my mind. Other names I care to sell because I bought them for one thing, to sell. Tea is an interest, besides being the beverage of choice, I read, follow and have knowledge on the topic. So it would be the name that if it never sold I would not care because I have an interest. Now it is not a high paying keyword but certainly not a weak keyword, as it is the second most popular beverage on the planet behind water. As a matter of fact 4 members here have inquired or made an offer on tea alone. Again thread is about clarification finally that its Verisign keeping the premium renewal.

 

[snoop]

James then referenced tea.tv and gave his opinion.

If there was any validity to your claims then at that point you would have told James to stop, instead of now arguing with me. Clearly the issue is inability to handle a negative opinions on the name.

 

[freedom30]

Exactly, and I think that is why most domaienrs would realise that a somewhat weak keyword, with a poor fit at a premium renewal doesn't cut it anymore. The chance of any enduser coming forward for this name is very remote in my view.

Not at all Snoop. I admit tea can be weak but I make mine stronger as a rule.

What poor fit are you hawking here? I don't see a poor fit. Your not selling me, Snoop and NO enduser has to come forward. We deliver!

I have to tell you, Snoop. This is not your best night tonight. You appear a little "fuzzy" with your simple questions you handed me and your references to what I consider in today's times irrelevant and definitely obsolete objections.

I do like the word remote that you use however as it carries also the meaning of area, like "in the remote Indian subcontinent" or "in the remote villages of China". You see wehere I'm getting with this, right?

Yes, I like the prospects of this "keyword". It ain't a keyword after all, Snoop. It's TEA!

TEA.TV to be exact. and yes, I see the potential that you...I don't want to say "cannot" so I'll just say "fail to recognize thus far" and leave it at that.

Enjoy your rest, Snoop.

 

[snoop]

What poor fit are you hawking here?

Tea has no obvious fit with video.

 

[freedom30]

Tea has no obvious fit with video.

Again...who said it has to fit? You? Wake up and smell the coffee!(Did I just say that?)
That's old stuff, man. You looking for a tv series called TEA? Forget it, Snoop.