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/

 

[Recons.Com]

The intolerant's don't know or don't like to include facts about .com

Let's not point out the .com 99cent sales/freebies, just the New "G" 99 cent sales/freebies.
Let's not remember the days .com was 100 reg fee per year, then 70, then 50, then 35 etc. and now 8.99
Let's not point out the days when you could renew unlimited .com's for 1.29 Yes folks there was a time.

Yes indeed. Just how did .com become king of monopoly ?

This is not politics. It is business. And it is not about fairness and if .com had first mover advantage, that is a fact and it would take billions of $ to try to put a dent in that, just like trying to overtake .pdf or making a cola more popular than Pepsi or Coke, even though both of those are crap and it is easy to make better product.

Now .com, differing from Pepsi or Coke, has quality advantages too, even if it were to start today.

1. Looks (visually pleasing, differing from .xyz, for example)
2. Letters (c, o, m are used in any Latin letters based system, differing from, web, for example)
3. Meaning. Can stand for .Com/mercial, .Com/pany, .Com/munnication
4. Pronounceability (differing from xyz, gdn etc.)
5. Shortness. Minimum length of 3 letters, differing from .blog, .club, .news
6. No confusion with plurals, differing from the likes of .review, .reviews

I can't recall any of the ngtlds that could provide the .com/plete package of the above...

 

[168]

In these forums it is politics. It's about buy American ".com" and the rest of the world doesn't matter. The arrogance is appalling.
History matters. Business cycles matter and most aren't aware nothing "reigns king" forever.
Coke was once the only choice, now there are several hundred choices of "soda" all doing just fine and consumers accepting many different choices over just one. The Car industry is a better example. "Ford" "the only choice" now there is hundreds of choices and Ford still exists.

New "G" supporters understand the "dent" in .com will be minimal, still promote .com AND also understand New Demand will continue to increase as more of the world conducts business/recreation/personal interests/shopping/education etc. online.
The "G" stands for growth. New "G"s are going after the GROWTH MARKET NOT the .com/erce/pany market.
This isn't about a takeover or attack. It's about offering relevance for the entire global market with several verticals that didn't even exist before now.
if it were to start today....

Is the whole point in mentioning how it started with high costs, cheap promos (just like the NAYSAYERS complaints of today )
AND promoted as "the only choice"

New "G"s have quality advantages too , 1-5 applies to New "G"s too . 6. Completely agree plurals will be messy. Same applies to .com's

It's unlikely .com would be preferred in today's choices especially with the shorter .country hack choices by the way.

No Sh*t your a commercial company trying to communicate via the internet. that's quite "generic" and not very "relevant"
given the many reasons people are online today."recreation/personal interests/clubs/shopping/education/media/entertainment etc" There are several polls out about "relevance" .club if that's what your looking for is much more "relevant" than .com and shorter than adding club to a .com xyz, .wang, .top has "relevance" in the Asian markets but not in English markets.
The Asian markets are creating their own "relevance" and it doesn't matter if it is "relevant" in English.

There is a big difference between "the only choice" and many "relevant choices" of interest globally, available at a reasonable cost.
Mann's "declarations" are about ignorance of a global perspective from a myopic point of view. A Hitler of domains. History matters.

 

[ezcoms]

In a business standpoint unless you have a pretty popular keyword like "sex" .whatever the you may have something worth while. You can make money by developing it or selling it to a person in the adult business that knows what he's doing.

If you think people are going to buy: virtualsceniccartours.club for $1000.00 then you're wasting your time and effort.

I see work trucks driving around. They usually have the business name .com. Or even mom and pop's business Larrythehandyman.com or .net. The smart ones do that. They wouldn't have .club, .ninja. Imagine yourself as a working man putting mikesplumbing.ninja or Erictheroofman.online or .rocks .... I've watched these domain millionaires strategize and make videos promoting the new life of the new extensions. Just another way of selling ice to an Eskimo.

I've always been gold with .com, .net, .org and even a .co --

Save your money and buy a good domain.

 

[ezcoms]

And relevant to .com is why are my emails blowing up for people wanting to buy my LLLL.coms and the emails have mandarin and broken English?

.Com and .Net no matter how much domain Sherpas and people turn you into over night domain scholars, your vintagescholaticboooks.today domain isn't going to sell. Even a drunk domainer will register a nonsense .com before that.

 

[frank-germany]

guys we are discussing a future scenario

nobody
nobody knows the future

so actually we all will see what will happen

no need to become upset
if you don't like the scenario
relax
maybe it takes a different road

who knows

 

[AuctionBio]

As of current scenario,
I do agree what Mike Mann is saying,
we are trying to analysis him on as an domain investor, but if we see his statements in view of an end user, than it really does have good value IMO.
Most of the end users even have no idea about the other gTLDs. and they don't give a dime to it.
com is staying there and not loosing its value, gTLDs will come and go. New gTLDs will also keep on coming.
I have read some of the comments that he being having a huge portfolio that why he is underrated gTLDs. I would tell these views as lame and I already given reason above.

 

[frank-germany]

Mike Mann shared Logan Flatt's post.
11 hrs ·



Logan Flatt
16 hrs · Addison, TX, United States ·
In investment terms, .com is midtown Manhattan. ICANN's newly approved extensions (e.g., .tattoo, .reviews, .auction, .map, etc.) are northern Alaska without any mineral rights.

 

[dordomai]

In investment terms, .com is midtown Manhattan. ICANN's newly approved extensions (e.g., .tattoo, .reviews, .auction, .map, etc.) are northern Alaska without any mineral rights.

Alaska can be beautiful. Problem is, few people live there.

 

[frank-germany]

Alaska can be beautiful. Problem is, few people live there.

due to global warming plan for buying land in alaska now

 

[Apprich]

Small percentage of .gTLDs are used for startups.. This could be evidence of how they will be consumed.
So, It's not completely DEAD but there is less significantly demand than it's expectation.. On the contrary ccTLDs are doing far better than gTLDs ... It's not worth to invest on gTLDs at the moment..But difficult to guess in 5 years from now..

 

[kemjika11]

Wise domainers are probably cautious of general gTLDs, and at worst invest in a few, proven ones, like .xyz, .club. No smart domainer investor will jump into gTLDs like they would the main extensions we are all used to seeing/trading in, unless they are ready for the long haul, have strong insights/confidence, or have cash to waste/risk. We all agree the registrars are the big winners, but at whose expense did they win?yup...its not a very rosy story.

 

[Recons.Com]

Small percentage of .gTLDs are used for startups.. This could be evidence of how they will be consumed.
So, It's not completely DEAD but there is less significantly demand than it's expectation.. On the contrary ccTLDs are doing far better than gTLDs ... It's not worth to invest on gTLDs at the moment..But difficult to guess in 5 years from now..

Thanks for the illustration.

You can invest in .com and compete for a sale to a startup out of 818 in next period or you can invest in ALL gtlds to compete for a sale to a startup out of 25 in the same period.

And, of course, it is not about exact numbers of 818 and 25 and it is not about funded startups only, it is about ratios. For every .gtld sale there are 33 .com sales.

Now add on top that a .gtld normally has to be an exceptional quality one, differing from just made up .com very often, and those exceptional quality ones require exceptional renewal fees.

So what you are left with as a gtld investor? 33 times less chance of a sale with renewal costs that can be 10 times or more higher. And now also remember that chance of sale for .com is not very high either (0.5%-2% for most) and renewal costs add up to tens of thousands for portfolios of x,xxx size and you can see that, with the exception of handful, you are setting up yourself for a loss bigly.

 

[Enwych]

Well, I'll be renewing ElizabethWarren.rocks until 2020. Just saying.

 

[decode]

@Adam27 with over 70% of new domains parked that's likely a standard shared through all domain ext.

How many .com's are parked, or on sales pages or don't resolve?

I love .com but more than 70% are not in use.

Choice is good for everyone. No domains will go up like the initial free registrations of .coms in the early days. That ship sailed. These new gTLDs are a nice opportunity. Just like there are still excellent .coms available. But no one word .coms are available without a big budget and many people are enjoying getting one word or short gTLDs.

More money has been lost investing in .coms that never sell than any other ext. it is what it is.

It's super cool to be able to get some nice short one word domains and new gTLDs allow for that.

These new gTLD help .com value and help the overall domain business.

Cheers

 

[Helloeveryone]

Some of them is perfect for some reasons
The ones i like is meby.email mevia.email
Contact@ meby.email Contact@ mevia.email are perfect to me

 

[GoKaizen]

Where did you link to .com usage stats? Oh, you didn't.

NtldStats.COM is showing 71% parked, going up each day.

 

[Addison]

Read my lips gTLDs are D*E*A*D, absolutely no demand!

I'll read your fingers instead since your lips are hidden behind a screen.

 

[dordomai]

In these forums it is politics. It's about buy American ".com" and the rest of the world doesn't matter. The arrogance is appalling.
History matters. Business cycles matter and most aren't aware nothing "reigns king" forever.
Coke was once the only choice, now there are several hundred choices of "soda" all doing just fine and consumers accepting many different choices over just one. The Car industry is a better example. "Ford" "the only choice" now there is hundreds of choices and Ford still exists.

.com is not american. It is THE global standard. It is where the Internet is. It is where we are at the moment and where we are most of the time when we are online.

There is no other standard besides ccTLDs in some countries.

Porno.com sold for $9 million to a company in Europe. Z.com sold for $8 million to a Japanese company.

Chinese are buying .com because in their mind it is the first extension and the one that you need if you want to do serious business.

Show me any of these cute nGTLDs that can do that. Some claim .xyz will do that but it is just a weird hyped extension that will be the future spam filter food.

How many .com's are parked, or on sales pages or don't resolve?

I love .com but more than 70% are not in use.

most .com don't resolve as in any other extension. Most .com are not parked however.

Parked often means, owned by speculators. If the majority of an extension is owned by speculators that isn't a healthy sign. It can mean the demand isn't there and you need to get gamblers in, buying on hope to boost reg numbers. If the sales don't happen, speculators give up and the extension collapses.

listen to the mann next time and stick with .Com

 

[Melinda Cohea]

I think Mike Mann as much as he does have crazy skills with getting premium prices for domains that appear not to be superbly valuable, also needs to openly slate nGTLD's ... it's in his best interest to do so. He owns a massive portfolio of .com domains and he needs to make sure people don't start to consider the alternatives. I'm not saying that nGTLD's are worth more than .coms BUT they do offer alternatives and open up a few more options that people didn't have before. Like in the past if ShoesOnline.com/net/org/info was taken then thats it, if you really wanted that name you had to fork out whatever price the people selling it wanted....now you have the option of grabbing shoes.online or shoesonline.shop or whatever..... so Mike Man has to shout out from the rooftops that nGTLD's are useless waste of time and money in order to try and protect his inventory...... from a purely domaining perspective yes the .com does remain king and likely will not change...however from a business perspective (which is what most end users will be looking at) investing $150 000 on shoesonline.com might not be a better move than spending $10 000 on shoes.online - it comes down to return on investment and from a business perspective... $10k on shoes.online and spending the remaining $140k on marketing the business makes way more sense than dropping $150k on the stand alone .com domain,

Also, Google is obviously pro nGTLD's and they making a point of using them... they are pushing for people to become more comfortable with seeing nGTLD's ...now obviously we all know that Big G practically owns the Internet, if they want to promote something then you can sure as well bet it's going to get promoted to a level that would make the Oprah effect look like kindergarten.

Exactly. As a domainer, 90% of my portfolio is dot com BUT had it not been for the the new gTLD boom, I would have
never been able to acquire a good 3-letter domain like owe.tax
I've only been investing in domains for a couple years, and on a waitressing income at that. Of course all the good short dot com's we're taken light years ago... I would have had to have 6 figures to even get involved with any good short domains... So it gave new domainers like me great opportunity. Another good example: SelfPromo.com was taken 14+ Years ago, so I jumped at the opportunity for "self.promo", its shorter anyways. Any two words that go together well, especially when they are a frequently queried search phrase, separated by one simple dot are beautiful web addresses, that are being sold in mid 5-figures currently, so I agree with you, good gTLDs are by no means dead. To the contrary, they are the wave of the future. Dot com's will always be the wave of the future, that goes without saying. But new gTLDs are as well, when purchased carefully.

The possibilities in longer phrases is cool too, if you can find really good ones. While CyberRealEstate.com was taken 13+ years ago, a small town waitress such as myself can find and invest in something even shorter that displays very nicely: CyberReal.estate

While InternetSecuritySystems.com was taken 16+ years ago, I was able to acquire InternetSecurity.systems

I think the bottom line is, whether we're talking about dot com's or "everything else", only buy domains that make sense. Even dot com's are no good if the domain doesn't make sense.

 

[deez007]

Exactly. As a domainer, 90% of my portfolio is dot com BUT had it not been for the the new gTLD boom, I would have
never been able to acquire a good 3-letter domain like owe.tax
I've only been investing in domains for a couple years, and on a waitressing income at that. Of course all the good short dot com's we're taken light years ago... I would have had to have 6 figures to even get involved with any good short domains... So it gave new domainers like me great opportunity. Another good example: SelfPromo.com was taken 14+ Years ago, so I jumped at the opportunity for "self.promo", its shorter anyways. Any two words that go together well, especially when they are a frequently queried search phrase, separated by one simple dot are beautiful web addresses, that are being sold in mid 5-figures currently, so I agree with you, good gTLDs are by no means dead. To the contrary, they are the wave of the future. Dot com's will always be the wave of the future, that goes without saying. But new gTLDs are as well, when purchased carefully.

The possibilities in longer phrases is cool too, if you can find really good ones. While CyberRealEstate.com was taken 13+ years ago, a small town waitress such as myself can find and invest in something even shorter that displays very nicely: CyberReal.estate

While InternetSecuritySystems.com was taken 16+ years ago, I was able to acquire InternetSecurity.systems

I think the bottom line is, whether we're talking about dot com's or "everything else", only buy domains that make sense. Even dot com's are no good if the domain doesn't make sense.

Absolutely!...I think you've nailed it here.