discuss Is .IN taking off? Cycle.in sold for $16,500

[Arpit131]

I came across this sale of Cycle.in for $16,500 on Sedo.
That is a great price for a ccTLD.

I wonder if .IN is taking off slowly. I spoke to some of the biggest .IN investors at DomainX conference and they said that big things are going to happen in .IN and that it's going to be one of the most popular ccTLD in the coming time.

What are your views?

 

[domainpundit]

Completely agree with you UniflexDomains, the .in extension is always an excellent one for domain hacks and is used a lot in that manner both inside and outside of India too. The .in extension is global extension that is already being utilised in a variety of ways and interest is now growing further.

.IN names are registered by residents of 228 countries plus territories

 

[168]

Strong .IN and .CO.IN keywords are going to be valued and don't think you need to be a rocket scientist for that. Is the .IN domain market going to go straight up, probably not , but tough to deny that it wont be in the same league as .co.uk or .de or even higher in a few years. Just got back from India, from my little world could see ecommerce is just beginning to take off and many large corporations with much larger stake than domainers are driving the growth. And oh by the way, those of us have been in this since the early .com days, we have been through the ups and downs of many new extensions and "experts" , cctlds tied to strong economies and growing economies are in it for the long haul.

LeDomain,
GREAT POINTS, all of them. I especially appreciate your sharing ground zero in India insights. The interesting difference in growth projections for India vs China is bypassing hard wired access, and less governmental interference. A much more agile position to be in for growth. The India attendees at namesCon all said the same thing, the old business in India will not change, but the new generation of business - completely on board.

Domainpundit,
You make GREAT POINTS I encourage "investors" to focus on

"perhaps you are missing important data."
"IMO, do not form your investment opinions based on past experience... past experiences gives the wisdom and learnings, however the future need to be looked into."
"there is no magic wand it will change over night... if you put the dots together and look at the future ".
"more users and more content are related to with each other..more content making opportunities attract more youngsters to start"

Kate,
"There is no correlation between the number of Internet user and domain sales"
perhaps you are missing important data.
If there were no "internet users" there would be no need for "domains". HIstorical fact. Future fact.

If there were no "shoppers" there would be no need for "stores", each of which have an "address"
If humans didn't need shelters there would be no need for housing, each of which have an "address"

The very core use for a domain is the "Digital Address" it represents

The internet may be "a majority about COMmerce" for now, but that is changing.

 

[168]

I haven't completely read this thread so sorry if someone else has already mentioned this but you have to take into account that this extension is a usable word in itself for hacks. For instance cycle.in can be used for cycle.in/France or cycle.in/London .

Great observation! One of the best examples of a hack I've seen. better than cycle.com/France, cycle.com/London
instantly gives the potential user what the site is offering - what users want relevance. vs vague. I hope this site gets developed soon. It will be interesting to watch.

 

[Samujjal]

..am from India and yeah I can say that...in is rising and will rise...

i ain't creating any Hype around it..but its happening here slowly and steadily

most of the mundane people here buy .in instead of .com for there work...partly its Nationalistic..partly cz they are cheap and short than .coms (remember that we Indians loves great Bargains..or we buy untill and unless we find a reasonable price for it..for anything)


...its in vogue..with the common day to day people..so the big companies in turn also buys the .in as well as .co.in domains for there companies...all the major sites have .in/.co.in domains..and it will be a tremendous loss for them and their business if they don't have them


am not preaching .in or .co.in...but as a locale..just telling you all the scene around our gullies

...sAm

 

[Michael R.]

I would like to point out that .in has been made available to the public in 2005.

If we compare this date to the introduction date of .co.uk (1985) or .de (1986), we can say that .in is late of 20 years. This also mean that .in is very very young. Adoption in India will continue for the next decades.

.de is 30 years old and .in 11 years old... Where .in will be in 19 years? I think this is the question investors must try to answer.

I bet for a continuous growth over the years, more or less correlated to the Indian economic evolution.

 

[Ritesh Chauhan]

23 reported sales as per name bio in this year whole 8 months. Numbers speaks for themselves

the reason is ,
.in sales are more private then public.

.in auctions are not allowed on godaddy and many other platforms..(due to registry restrictions)
thats why you will never see data on namebio, untill they are reported by seller....


namebio report doesn't means only 23 domains are sold in last 8 months


check the site the.in more sales are reported for .in domains.
you will find many xxx and xxxx sales which are not reported on namebio.

 

[kemjika11]

Endusers outside India now have a tons of alternatives...
So their demand on .in dropped significantly except defensive purchases...

Even with less "outside" end user demand, there is going to be enough demand from inside India. Do foreigners need .cn more than chinese residents? offcourse not so this point is not strong. Every extension has many factors affecting it, but whats the net result? for .in, still good!

 

[Jurgen Wolf]

I never saw .in-bidders from India above $400... so for me these foreigners which are able to pay $x,xxx - very important factor.

 

[domainpundit]

I never saw .in-bidders from India above $400... so for me these foreigners which are able to pay $x,xxx - very important factor.

Its just your experience not everyone else...I also believe you sold most of your. IN portfolio a year before or something....so obviously your opinion is also based on earlier times...am I correct?

 

[domainpundit]

I never saw .in-bidders from India above $400... so for me these foreigners which are able to pay $x,xxx - very important factor.

Svt.in and ica.in are sold to Indian end users for 2500 usd each this year only.. around mid xxxx usd sales reported for azad.in, Ananda.in.. These are just few examples from this year sales...many more such sales happening from India...I respect your opinion, but others experiences are different from yours...just a point i am trying to highlight...

 

[Jurgen Wolf]

Ananda, Azad - are brands...
I'm talking about generics...

Regarding SVT - I don't see any Indian enduser there... it is parked on Voodoo and for sale...

 

[domainpundit]

Ananda, Azad - are brands...
I'm talking about generics...

Regarding SVT - I don't see any Indian enduser there... it is parked on Voodoo and for sale...

Its purchased by special vehicle technology making company.. They have not changed name servers, they will launch site when their product is ready... I was the seller, if you are not trusting I can email you the escrow Screenshot to you ... I have sold 10 names this year..none on sales reports..because I don't like to pay the unwanted sedo commission fees... Why to spend loads in commission fees when it can be handled outside??? ...Ananda.in and azad.in are not brands.. They are pure generic names..you can ask any of your Indian friends. They can confirm the same...

 

[Jurgen Wolf]

I see many registered TMs for Ananda and Azad when searching them on https://www.registrationwala.com/trademark-search

What are your results with English-generics?

 

[Jurgen Wolf]

Regarding Sedo...
They can be used as Escrow only... in this case: 3% or min. $60

 

[domainpundit]

I see many registered TMs for Ananda and Azad when searching them on https://www.registrationwala.com/trademark-search

What are your results with English-generics?

Almost all fruit names are trade marked.. Even almost all lll names are trademarked too...it doesn't mean they cant be registered and sold....trade marks can be in 44 classes...no one has exclusivity in all classes...

Regarding generic English words...many sold privately with in my circle up to mid xxxxx usd...example near.in... My best sale is almonds.in for 5000 usd to a agency guy who in turn sold for profits... I also heard few 6 digits sales like hosting.in.. Not verified by sales reports...dont go by sedo sales reports...those not applicable for. IN

I have less generic keywords... I am more focused on short names like lll.in, nnn.in and also has mid xxx keywords and product names too..my results are quite good so far.. I have few names reserved for low to mid xxxxx usd sales. I am confidently rejecting mid xxxx sales for the names I spent low xxx usd in reseller market... kindly note that these are early times.. Long way to go...just sharing my experience

 

[domainpundit]

Regarding Sedo...
They can be used as Escrow only... in this case: 3% or min. $60

Thx, will try...

 

[Jurgen Wolf]

My best sale is almonds.in for 5000 usd

California...
I have asked you about English-generics and buyers from India...

 

[domainpundit]

California...
I have asked you about English-generics and buyers from India...

Oh ok...I have sold few at low xxxx.. Near.in is sold by an Indian to an Indian company....it's sold by a friend of mine... Approximately to mid xxxxx usd... Later near.in company acquired for multi million usd...

Also you are missing one important fact...companies outside also buy. IN names as they don't want to miss Indian market.. Almonds.in is a classic example.same way HPE.in is purchased by HP. Amz.in is purchased by Amazon...

 

[Jurgen Wolf]

Endusers outside India now have a tons of alternatives...
So their demand on .in dropped significantly except defensive purchases...

I didn't miss anything. Quoted again and bolded.

 

[domainpundit]

Then everything purchased by outside companies can be classified as defensive.... Why do they need almonds.in if they don't have business interests with that name..agency could have easily charged low xxxxx usd... Why anyone wasting xxxxx usd??

India is a huge country no one want to miss the market.. Pcs.in purchased by Pcs.co.uk.. It's a small company.. It's for much higher than almonds price. This year only... I can give hundreds of such examples... Only 17500 plus lll.in names are.possible...already 6% are in use...almost 5% in end users hands and un developed...

India itself has millions of businesses...world.wide companies want defensive purchases...how many lll.in are needed... How many premium keywords are required... Global ceos are must need to focus on India...the growing. Market...
Doesn't matter Defensive or non defensive purchase... We are hear to make profits...