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There has been a lot of hype lately for .xyz because of a small number of big sales. I see a lot of people overextending themselves and pouring a lot of their budget in this extension. Personally, I believe .xyz is doomed to fail. Maybe I'll eat my words, maybe I won't. Here is my case for why I think .xyz will fail:
1) Low number of sales
According to Namebio.com, in the last two years there have been only 867 sales. Only 359 of those have been over $1,000. Yes, these are only reported sales, but unimpressive none the less. Now, compare this with the number of .xyz registered in the past two years, and this number will seem even more minuscule. Most of the names that sold were also premium one word names.
2) No space for innovation
Which brings me to my next point. Because domainers are rushing to register every single available .xyz domain that is decent, it leaves little space for businesses to set up under the extension and promote the extension. This exposure is crucial in order for the TLD to grow. It's getting to the point where you can't find a decent two word .xyz and that's not because they are taken by businesses. Which will certainly stunt its growth.
3) It's ugly
Aesthetically and phonetically .xyz is ugly. It's three syllables, unlike .com, .me, .net, .co... Which makes it harder to say. It looks horrible when it's part of a design or even just typing it. It feels cheap.
4) People don't trust it
Because of all the reasons above and the cheap initial registration costs, there aren't enough legitimate businesses using the extension and there are lot of spammy sites. Starting to type in Google "is .xyz" gives a first suggestion of "is .xyz safe". Same goes for ".xyz domain" (third suggestion).
5) It's not early
I know many of you will say that it's still early for .xyz. But it isn't. It has been around since 2014. It had some initial hype because of Google using it and that hype hasn't materialized. I don't think it ever will.
That's just my two cents. What do you guys think?
1) Low number of sales
According to Namebio.com, in the last two years there have been only 867 sales. Only 359 of those have been over $1,000. Yes, these are only reported sales, but unimpressive none the less. Now, compare this with the number of .xyz registered in the past two years, and this number will seem even more minuscule. Most of the names that sold were also premium one word names.
2) No space for innovation
Which brings me to my next point. Because domainers are rushing to register every single available .xyz domain that is decent, it leaves little space for businesses to set up under the extension and promote the extension. This exposure is crucial in order for the TLD to grow. It's getting to the point where you can't find a decent two word .xyz and that's not because they are taken by businesses. Which will certainly stunt its growth.
3) It's ugly
Aesthetically and phonetically .xyz is ugly. It's three syllables, unlike .com, .me, .net, .co... Which makes it harder to say. It looks horrible when it's part of a design or even just typing it. It feels cheap.
4) People don't trust it
Because of all the reasons above and the cheap initial registration costs, there aren't enough legitimate businesses using the extension and there are lot of spammy sites. Starting to type in Google "is .xyz" gives a first suggestion of "is .xyz safe". Same goes for ".xyz domain" (third suggestion).
5) It's not early
I know many of you will say that it's still early for .xyz. But it isn't. It has been around since 2014. It had some initial hype because of Google using it and that hype hasn't materialized. I don't think it ever will.
That's just my two cents. What do you guys think?
like most of americans except only people or companies use a .US & people who promote .US
