Is 2017 Crunch Time for the Domain Industry?

Discussion in 'Domain Industry News' started by News, Jan 9, 2017.

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  1. News

    News Hand-picked News VIP

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    The opinions expressed on this page by users and staff are their own, not those of NamePros.
  2. deez007

    deez007 Active Member VIP

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    One of the comments on this article raises a very valid point:

     
  3. stub

    stub Top Member VIP

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    After the Chinese buying frenzy by noobs and speculators has been removed from the total figures, I think the only path is still up for .com. It has so much more prestige, than most every other gtld/ngtld put together, plus a lot of the cctld, outside the local level in their country. Globally speaking. It's still the #1 goto domain to own.

    I think Verisign will also do a great launch of .web.

    I think things are looking good for Verisign. Providing they can weather the storm of dropping revenues in the 4th Qtr 2016. IMHO.

    I was actually shocked to hear nGTLD's registrations had gone up 250% in 1 year. I wonder how many were end users? And that doesn't include the recent antics of Huge Domains, et al, buying domains in the aftermarket at inflated prices. Which is likely to push more end users to consider more nGTLD's.
     
  4. spooksy

    spooksy Established Member

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    The promos that all the nGTLD's have been getting were absurdly good in some cases. Mere cents for a .xyz domain? A couple dimes for .top? Bulk registering any and all keywords en-masse can be covered by a single low xxx sale. I'll be curious to see if renewals for said domains are also up anywhere NEAR 250% come this year. My bets are on no.
     
  5. stub

    stub Top Member VIP

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    Yep. I wonder how much that impacted the increase. Could we see a fall in 2017?
     
  6. dnk

    dnk Established Member

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    Prices in January 2017, are lower compared to January 2016, and many will drop their domain names.
     
  7. stub

    stub Top Member VIP

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    What category of domains are you referring to?
     
  8. dnk

    dnk Established Member

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    Short domains, like llll.com, llll.net, llll.org chips in gtlds
     
  9. stub

    stub Top Member VIP

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    @dnk Yep. January 2016 was the tail-end of the bubble. IIRC.
     
    Last edited: Jan 9, 2017
  10. NamesMax

    NamesMax Business Account Business Account VIP

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    I actually see a resurgence in the LLLL.com arena. Heavy buying in pre-drop auctions and NameJet.

    This week I sold one for $1600 and it was neither a CHIP nor western premium.
     
  11. N-A

    N-A Restricted

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    LLLL.com's don't necessarily have to be either to fetch that price.

    There are end users, you know. Did you negotiate or was this a BIN? I'm suspecting that you may have left money on the table in this one unless it was unwittingly acquired by an investor; then, it's their loss, your gain.

    Congrats anyway, though.
     
  12. NamesMax

    NamesMax Business Account Business Account VIP

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    It was BIN at Go Daddy k/u/x/d

    I don't know end buyer but they seem to be Chinese
     
  13. N-A

    N-A Restricted

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    Looks like it's in GoDaddy's holding account... so that can't be confirmed at the moment unless you had correspondence with them while transferring.

    Either way, good sale. I forgot to up the BINs on some of my non-Chip names (such as the ones you posted) during the craze. One was BIN'ed at $888 while it was still valued at under $200. They went crazy...

    For some reason, I think there's more to this one, though.
     
  14. NamesMax

    NamesMax Business Account Business Account VIP

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    I only say Chinese because the transfer could not go through automatically. My rep said that usually happens when there are non western characters involved. That is why we had to go through the holding account.
     
  15. Sinh

    Sinh Business Account Business Account

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    IZIG.com at $850 BIN on Godaddy.com 2 weeks ago. Somep people saying that there a good future fro LLLL .com in 2017 but I don't see it yet.
     
  16. platey

    platey Established Member

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    domains v fb

    a domain name is a digital address?

    so is a fb profile

    fb is like the game of golf in as much a lot of business is done on the golf course and on fb

    an end user buying a domain name has to drive traffic to a website via website

    but fb already has the traffic just the 1.8 billion users approx and all a potential domain name buyer has to do is create an fb page for free

    so its whether a potential domain name buyer wants to pay a lot for a decent domain name or create an fb page for free
     
  17. deez007

    deez007 Active Member VIP

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    This is true but also keep in mind that building a business using FB as your primary online presence leaves you in their hands. They own all the content you share on their platform and can do whatever they want with it. Should you rub up the wrong way they can shut your account down...if a competitor start constantly flagging your posts as offensive and gets his friends to do the same... boom ur account gets suspended. Basically, you are at liberty to play by their rules and you don't have the freedom to do what you want.

    So the advantage is that it's free but the disadvantage is that you are at their mercy... :)
     
  18. Aaron Allison

    Aaron Allison Established Member

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    Watched this happen to an antique business next door to me. They built up a profile for over a year with a good customer base then fb closed their account because it was in their business name. Took them about six months to recover.

    The more control you have over your own business the better. Fb should only ever be an extension of your company, not the foundation.
     
  19. Kuffy

    Kuffy Established Member

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    I don't have a facebook account, and I don't go to the site. All I ever hear about on there is a bunch of kids sending pictures of themselves, and playing music.

    The verisign price increase for .net has pushed me into selling the few that I have. I might keep FU2 to comment about their pricing policy :) , but the rest can go.

    I like my .gold name, but I reg'd that to use, and not to sell. I hope that the .gold registry is going to stay for a good few years. A price drop would be handy though.

    I've started to register .xyz names as an addition to ( not an alternative to) .com names. I'm hoping that Google will use these to keep price pressure on .coms so that they remain at economic levels.
     
  20. platey

    platey Established Member

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    you have a point

    its cheaper long term to create a word and buy the .com of your made up word and make it a brand

    how long will domains be used?

    technology is almost out of date before it becomes available to buy
     
  21. doubleU

    doubleU Top Member VIP

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    Who here really cares about the numbers ?

    And with all these promos do the numbers really tell us anything about end user adoption ?

    Up 10% - down 15% - Ranked No.2 : So what ? It's meaningless at this stage !

    Have you heard end users saying 'I will chose .xyz because it has more registrations than .club' ?

    Whats relevant to domainer's is the sales statistics and end user adoption, everything else is poppycock !
     
    Last edited: Jan 12, 2017
  22. NamesMax

    NamesMax Business Account Business Account VIP

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  23. decode

    decode Established Member

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    @deez007 100% true. If someone relies totally on a platform they don't own or control they are at mercy to the whims of that co or platform.
    every biz needs a website that they can build up to go along w social, brick and mortar, etc.
     

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