Dominion.Domains

Is Dominion Having Trouble Selling Their New Alternative Dots?

Labeled as new gtlds in Domain Industry News started by clasione, Apr 8, 2018.

Replies:
11
Views:
483

  1. clasione

    clasione Active Member ICA Member ★★★★★★★★★★

    Posts:
    526
    Likes Received:
    152
    "NEW YORK – According to a press release by Dominion Registries, a division of Dominion Enterprises, the company is removing a long list of previously implemented registrant eligibility verification restrictions for its new gTLD industry-specific domain extensions which consist of .AUTOS, .BOATS, .HOMES, .MOTORCYCLES and .YACHTS."

    Read the entire article at StrategicRevenue.com....
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

    Posts:
    19,898
    Likes Received:
    19,373
    Predictable.
    Old TLDs like .pro or .travel eventually lifted the legibility requirements.
    Vetted extensions have never performed well. In fact there is little benefit in restricted extensions.
    Because consumers are not familiar with extensions like .boat or .jobs, they have no idea that the registrants had to pass some validation. It's true, those registrations are all very legit. But nobody knows so what's the point. People are in fact less likely to trust an extension they are not familiar with.
    In practice people will pay more attention to the SSL certificate.

    One should read the Icann archives, and review the applications for new extensions back in the early 2000s (some of which were approved). Lots of wishful thinking and foolish market share predictions. When you don't learn the lessons from the past, then... you can fill in the blank for yourself.

    The difference between then and now: back then there was limited supply, and a relative scarcity of alternative extensions. Now there are hundreds. Indeed the demand has not increased at the same pace.

    Hint: lifting eligibility requirements is not going to alleviate the plight very much in the face of zero consumer demand.
     
  3. stub

    stub Top Member VIP ★★★★★★★★★★

    Posts:
    21,775
    Likes Received:
    7,274
    @clasione - What does this mean exactly “generally accepted as legitimate"

    We still need to provide a "use". So is a "Domain Trader" or "Speculation" now an acceptable use?
     
  4. clasione

    clasione Active Member ICA Member ★★★★★★★★★★

    Posts:
    526
    Likes Received:
    152
    I believe that would be determined by the registry, in their sole and final judgement.
     
  5. wwwulff

    wwwulff Active Member VIP

    Posts:
    1,542
    Likes Received:
    4,281
    Having Trouble? I think 6 extensions with a total of 989 registration speak for itself
     
  6. stub

    stub Top Member VIP ★★★★★★★★★★

    Posts:
    21,775
    Likes Received:
    7,274
    Agree. The speed of their decision making is amazing :)
     
  7. xynames

    xynames XYNames.com VIP

    Posts:
    1,881
    Likes Received:
    2,760
    Just so we're all on the same page.

    legibility means [refers to] - being legible, readable (versus, illegible).
    legitimate means - conforming to laws or rules (versus, illegitimate)
    eligibility means - satisfying certain conditions, requirements pre-requisites etc. (versus ineligible)

    So here, in order to be eligible for the domain suffix, must have a legitimate use.

    Phew!
     
  8. mr-x

    mr-x Acme Domains Gold Account VIP ★★★★★★★★★★

    Posts:
    6,184
    Likes Received:
    5,569
    $25K reg fee and $5K renewal fee on anything interesting might keep their sales from improving anytime soon.

    Lower renewal prices and opening to speculators would be good for their business. Volume is where their profit is at.
     
    Last edited: Apr 9, 2018
  9. Rajnish Prasad

    Rajnish Prasad Established Member

    Posts:
    1,799
    Likes Received:
    174
    If u have anything like .car where the reg fee costs almost it costs to initiate a startup business then probably Domaining cant do much but the registrar has to ponder over it..

    Someother Ngtlds have perfomed well, some woke up late like the .ws, some are still struggling to find a space to keep a pace and some have lost in the space of blackhole like .sarl, immobilien etc etc..

    So to nullify, domaining is still intact with the legitimate, legible and meaningful tlds, cctlds & ngtlds, what is missing, is the registrars bent of mend to release unrealistic, illegible and probably overpriced extentions..

    Maybe Dominion is also suffering from any of the above..
     
    Last edited: Apr 10, 2018
  10. jmcc

    jmcc Top Member VIP ★★★★★★★★★★

    Posts:
    1,455
    Likes Received:
    946
    It is a classic example of a business model developed in one set of market conditions (artificial scarcity caused by large scale Domain Tasting) having to be dropped when another completely different set of market conditions (no large scale Domain Tasting and more competition from ccTLDs) applies. Many of the smaller portfolio or individual gTLD operators have had to change their business model (Unireg being the main example with dumping the withheld premiums and changing pricing structures) to cope with lower sales than expected.

    Regards...jmcc
     
    Last edited: Apr 10, 2018
  11. Dom.Domains

    Dom.Domains Member VIP

    Posts:
    1
    Likes Received:
    1
    Thank you for this important conversation about the future of Dominion Registries. As Kate pointed out in this thread, it is important to learn lessons from the past. Our recent removal of restrictions on .boats is our attempt to do just that, and we have seen some exciting progress since we embraced our new business model. We have revised our RRAs based on industry feedback, and we now have over 30 registrars onboarded. We have doubled our workforce since last summer, and we just hired our first full-time marketing team this year. Since we removed restrictions in February, we have seen a 64% increase in .boats domains under management. Our work to become a driver of success for the new domain industry is just beginning, and we look forward to sharing our continued progress.
     
  12. namemarket

    namemarket Established Member ★★★★★★★★★★

    Posts:
    516
    Likes Received:
    109
    That may be so with some vetted extensions but others appears to be doing well. For example, in my personal experience based on churches and banks the dot-bank and dot-church seem to be in good use. In fact at least 3 large churches in my geo area have switched to dot-church. Also lost an exact match acronym sale in dot-com when the mid-size bank who inquired decided to go with .bank instead of my .com even though .bank cost was more than my dot-com price after a high reg fee and few years of renewals. I believe dot-health was also doing well which I understand is also vetted at least to a degree. dot-bank is heavily vetted and a selling point.
     
    Last edited: Apr 16, 2018

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!

Share This Page

Lysted
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...