new gtlds Mike Mann: “Read my lips gTLDs are D*E*A*D, absolutely no demand!”

[lennco]

Mike Mann shared on Facebook my article about the bad landrush phase that .Blog domains had last week and also shared his views on the New gTLDs in general:

Read my lips gTLDs are D*E*A*D, absolutely no demand! This was the best out of thousands, along with .web and .app Better luck with other snake oil. .Com stays king. If you also voted for Hillary, rough week. TYVMI.

He also made several other comments about new extensions such as:

How about don’t but them at all, they serve no purpose and cause many problems, and waste a lot of time and money.

Now that everyone knows gTLDs are dead, please Google “Mike Mann gTLDs” and you will see I hit the predictions spot on.

He continued by quoting my article:

Ruggh ruoggh, too many scooby snacks: “So the .blog registry made more than $150,000 from the landrush phase. That doesn’t seem bad but the registry spent $19 million to get rights for the .blog new extension.” Not counting millions per year of overhead. Lesson learned, listen to the mann next time and stick with .Com

He then made more comments like:

“Don't renew your fancy new gtld domains. The experiment is over. No material resale market will take root.”

Mike replied to a comment made by Phil Harris

26 million registered and new sites being launched daily .. X.company being used by Google , Rightside stock just raised to buy status by zachs investment firm .. Awareness growing , secondary 6 figure sales being made , Mike I would say you should watch the movie God is not dead ..

by saying

sure sounds like a bubble

Mike today talked about Google and .soy:

Google spent some energy telling me how ".soy" domain extension was going to be the next big thing a while back, I tried to splain what was up….. Not to discount the fine folks, fancy offices, and great buffet. Googs, gimme a buzz, I’m still a know it all.

Drinking own Koolaid instead of listening to grassroots in the streets

Technically I havent checked the sales numbers but lets take a wild guess, dramatically lower than their expenses…….. like I told them nicely before they invested

Konstantinos Zournas November 14, 2016
http://onlinedomain.com/2016/11/14/...nn-read-lips-gtlds-dead-absolutely-no-demand/

 

[JB Lions]

Is it hard for you to accept the reality?

Let me telll you this, you will never be succesful disparage others or you will never be succesful to sell your dot coms with disparaging new gTLDs.

Instead work on your portfolio

I'm not disparaging. I find it interesting that somebody that's not getting sales, to tell somebody who is to work on their portfolio, especially when they said they liked it.

 

[JB Lions]

Do you have any kind of real estate?

Can you compare the prices from the past 10 years?

You win while buying in the business.

That`s what he means

We'll see how buying things with not much demand/market works out.

 

[JB Lions]

Let me telll you this, you will never be succesful disparage others or you will never be succesful to sell your dot coms with disparaging new gTLDs.

This takes how many of hours of yours in a month demarketing new gTLDs?

You can`t make sales like this.

This is what I mean.

My selling of domains has zero to do with my opinions on new gltds. This is a discussion forum, that's what's happening. You're just not bringing much factual stuff to the conversation. It's mostly hope, let's wait x number of years and ridiculous comparisons.

 

[JB Lions]

You talk like you made millions on domains, how many of them are you holding on hope to sell in your portfolio?

You are a full time domainer, I wouldn`t suprise if you make few sales, for me it is not like that, it is a side job since I have to run businesses.

What`s happening is you are loosing money right now wasting your time with your non-sense.

I'm not losing money because I discuss domaining topics on a domaining forum. Yes, I know you don't do this for a living. That's obvious. If anybody is wasting time, wouldn't that be you, since you could be using it for your real business? And not something you do on the side? It's funny in one post you talk about disparaging, then next post talk about losing money, wasting time, non-sense in my direction. When it's none of the three, well maybe the wasting time when I've read some of the stuff being posted.

 

[4pm]

I had 2 $XXX offers last year when I had 10 good domains, and one $XXX sale this year when I have 20 good domains.

offers matter not, sales do...

$xxx can be $100 or $999 - can you post exact figure less marketplace commissions?

how much have you spent on renewals/regs for the mentioned time period on your all (not only "good") nTLD names? are you in the black yet?


*i'm not a nTLD hater, just curious..

 

[Jv1999]

wow u guys have really opened my eyes.

I think I will renew my .xyz for 10 years when these tlds will be as good as .coms

 

[dordomai]

That`s the cycle of life, the general rule of life that no one can change.

Every living organism, every business, every country or kingdom has it is

Born
Raise
and
Fall

this is a truism.

 

[decode]

Just got a 2 word .com for one of my new projects. Hand Registration. Plenty of .com left.
Best use for nGTLD are people in geo sales jobs like insurance, real estate, etc. that want to stand out and need lots of marketing spokes. These should always be complimentary sites in addition to a .com.
And yes, I employ this strategy myself.
Clearly nGTLD with big premium renewal fees are a complete disgrace. Totally unfair and no one should buy them.
A better way is what .club is doing. You may pay a premium price but it renews at a normalized rate.
They also offer 0% over 5 years on premiums.
Anyone (not domainers) in business for themselves should register a few or buy a few on the secondary market as a nGTLD hedge. A budget of $300 - $500 for some category killer .club or .xyz would be a good long term hedge and could compliment any sales driven business with lots of competition.

 

[frank-germany]

Dinosaurs ruled the earth at one time as well. But then, so did the romans, and persia. Legacy domains are the industries dinosaurs and the progress in today's technology is starting to shift. History unquestionably shows that change is inevitable in all markets (even with the Amish) and no one thing will dominate a market forever without change of some kind.

Not every change is a good move
Think of CDs versus vinyl

Or kodakchrome versus digital photos

I deleted my personalname.tel

This change was not needed

 

[Lox]

if NP members aren't buying it, the domains are useless.

it's a different feeling buying here and chasing backorders, jet or at any other more exciting place.

 

[JB Lions]

The flood of the market (speculations or not) opens up vast new doorways for businesses/products/services/personalities/etc. for a fraction of reseller pricing (Affordability for start-ups).

You just basically gave a reason why these are bad for domainers. There are a flood of options for people/businesses in these settle for extensions, you don't have much negotiating leverage in trying to sell them.

You also skipped the question about stocks.

 

[frank-germany]

Steve Jones - @Domainate.com answered this on Quora:

Steve Jones, Domainate.com COO, a domain industry professional for 7 years, offers consulting and training on acquisitio...
Answered 24 Mar 2011
Believe it or not, until 1995, domain registration was free. Network Solutions was granted the authority to start charging for them in 1995, at which point cost of domain registration was $100 for 2 years of registration, which dropped to $70 for 2 years in 1997. Bear in mind they were the sole source of domain registrations until 1998 when ICANN was formed and forced Network Solutions to split its registry and registrar sides and allow other registrars to resell domains from the registry.

--> for 2 years of registration, which dropped to $70 for 2 years in 1997.

that was 2 times $70

Steve Jones - @Domainate.com answered this on Quora:

Steve Jones, Domainate.com COO, a domain industry professional for 7 years, offers consulting and training on acquisitio...
Answered 24 Mar 2011
Believe it or not, until 1995, domain registration was free. Network Solutions was granted the authority to start charging for them in 1995, at which point cost of domain registration was $100 for 2 years of registration, which dropped to $70 for 2 years in 1997. Bear in mind they were the sole source of domain registrations until 1998 when ICANN was formed and forced Network Solutions to split its registry and registrar sides and allow other registrars to resell domains from the registry.

maybe I remember wrongly
maybe i can find can invoice of 1998

 

[deez007]

Warren Buffet has repeatedly said Bitcoins are a horrible investment and people should not waste their time investing in Bitcoins...

Interesting isn't it.... One of the most notable investors in the word told people not to invest in probably one of the best investments in our lifetime. Chances are he repeatedly wanted people to steer clear of Bitcoin because it made a mockery of the traditional investments, the investment model that he spent decades mastering. Now when Bitcoin came about, it provided the opportunity for new kids on the block to make rake in returns on investments that Warren Buffet couldn't dream of achieving with the traditional investment platforms (I'm not talking about the monetary value, I'm referring the the % return on investment... nothing in Warrens portfolio could generate 2000% return on investment in a few years)

Same principle here... not saying we can expect insane 2000% return on investment but the point I'm making is that even industry leaders can get it wrong... OR have ulterior motives. If this can apply to Warren Buffet you can bet your sheeple @ss it applies to Mike M as well.

 

[sarahsdomains]

Everyone has an opinion, and if they were always right they wouldn't be arguing their case repeatedly.

The truth is, trends on the WWW are changing on a daily basis and anyone who discourages it's advancing opportunities or belittles others who are trying their own strategies of entrepreneurism deserves to be told to shut up.

GTLD'S MIGHT BE THE NEXT DOT COM
AND YOU CAN NOT DEFINITIVELY DISPROVE IT.

SO DONT TRY IT MANN

 

[frank-germany]

--> for 2 years of registration, which dropped to $70 for 2 years in 1997.

that was 2 times $70



maybe I remember wrongly
maybe i can find can invoice of 1998

Show attachment 59180

wrong image

 

[frank-germany]

Everyone has an opinion, and if they were always right they wouldn't be arguing their case repeatedly.

The truth is, trends on the WWW are changing on a daily basis and anyone who discourages it's advancing opportunities or belittles others who are trying their own strategies of entrepreneurism deserves to be told to shut up.

GTLD'S MIGHT BE THE NEXT DOT COM
AND YOU CAN NOT DEFINITIVELY DISPROVE IT.

SO DONT TRY IT MANN

and really there is no need to

but if you ask yourself what is the better investment
its always the .de

oops no the .com ....

 

[deez007]

Why do people always bring up examples that have nothing to do with domaining? As if I couldn't find examples of the opposite happening. So and so said something totally unrelated to domaining would fail and it did, therefore it's true of new gtlds?

Pick some data points you want to use for evaluating extensions. Reg numbers, sales, whatever and apply that equally across the board and let's take a look.

Clearly, you failed to understand the point of my comparison. No one is comparing Bitcoins to domains....

"the point I'm making is that even industry leaders can get it wrong... OR have ulterior motives. If this can apply to Warren Buffet you can bet your sheeple @ss it applies to Mike M as well"

 

[JB Lions]

Clearly, you failed to understand the point of my comparison. No one is comparing Bitcoins to domains....

"the point I'm making is that even industry leaders can get it wrong... OR have ulterior motives. If this can apply to Warren Buffet you can bet your sheeple @ss it applies to Mike M as well"

I understand, the people that are fluffing new gtlds are invested in them somehow. Before you say .com, .com doesn't need help. It's not up for debate.

 

[Lox]

The irony is domainers registering names in nTLDs while the matching .com is unregistered

This is absolutely true!

reg fee - waiting
planets.observer
planetsobserver.com

 

[JB Lions]

You assume the ones investing in nGTLD are also not heavily invested in .com's as well.... yeah, newsflash..most of us who invest in nGTLD are not anti .com it's just that we see the potential in nGTLD's and choose to invest in some of the good ones.

Where do you see me talking about any of that? I know it runs the board. People invest in all kinds of extensions, some do just invest in new gtlds.

But show me something real. You can pick the data points you want to use and let's actually look. Give me something deeper than fluff.

You said you see the potential, based on.........?

 

[deez007]

Where do you see me talking about any of that? I know it runs the board. People invest in all kinds of extensions, some do just invest in new gtlds.

But show me something real. You can pick the data points you want to use and let's actually look. Give me something deeper than fluff.

All the data is out there and there is no need to fluff anything. I have spent hours on multiple threads raising various valid points.... I have said over and over again... I'm really not going to go into all again...

I am not here to try and convince anyone of anything... all I know is my reality. My reality will not be the same as your reality. My reality is: I invest in nGTLD's because I have been getting offers on a few of the nGTLD's that I have already invested in...not on all of them but decent offers on some them, offers in the low $xxxx even and I have turned them down. Should I have accepted them...maybe OR maybe I did the right thing by hanging on and playing the long game. Is it a guaranteed investment? Of course not... no such thing.

 

[JB Lions]

All the data is out there and there is no need to fluff anything. I have spent hours on multiple threads raising various valid points.... I have said over and over again... I'm really not going to go into all again...

I am not here to try and convince anyone of anything... all I know is my reality. My reality will not be the same as your reality. My reality is: I invest in nGTLD's because I have been getting offers on a few of the nGTLD's that I have already invested in...not on all of them but decent offers on some them, offers in the low $xxxx even and I have turned them down. Should I have accepted them...maybe OR maybe I did the right thing by hanging on and playing the long game. Is it a guaranteed investment? Of course not... no such thing.

So you come with no data whatsoever and talk about offers and not sales. You won't even tell me the data points you like to use, which can be done in a 1 sentence reply.

I know it can't be overall reg numbers right? Because if we use this - https://ntldstats.com/tld

We notice a drop of about 2.1 million in the last 5 weeks or so, with upcoming deletes of almost 1.8 million. But there is demand they say.

 

[frank-germany]

Konstantinos Zournas‏ @onlinedomaincom 6h6 hours ago
Just dropped 198 New gTLD domains and saved $45,000 https://onlinedomain.com/2017/05/22/opinions/just-dropped-198-new-gtld-domains-saved-45000/ … #domains

 

[garptrader]

The NTLDStats chart over the last couple years reminds me of the tech bubble of the late 90s which popped in spring of 2000. Wikipedia reports the Nasdaq dropped more than 75% from its peak over the ensuing two and a half years. Has the new TLD bubble already peaked? How far till we hit bottom? 20 million registrations? 10 million? Or less than that? How many registries go under? What happens to pricing of remaining extensions to support a dwindling registration base? If end users have their websites wiped out by a registry going belly up, will they relaunch on another new TLD ? Will new TLD holders shift their domain acquisitions to .COM rather than risky nTLDs? We are already seeing experienced domainers with nTLD holdings announce they are dropping most of their new TLDs. Am I the only one who has not bought even one new TLD?

 

[domain hacks]

Am I the only one who has not bought even one new TLD?

No, you are not the only one. There is at least one more, me