NameSilo

.Online Domains - why 3,634 and counting☺

Labeled as discuss in gTLD Discussion, started by ThatNameGuy, Jun 14, 2021

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  1. Silentptnr

    Silentptnr Domains88.com VIP

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    We're talking about a $4200 investment. It's not much at all imo.

    However, think about this..

    3600 Domains

    3 sales p/mo = 100 years to sell all
    10 sales p/mo = 30 years to sell all
    30 sales p/mo = 10 years to sell all

    Now factor in renewals for those periods and consider how holding costs might affect potential profitability.

    I'd say turn that $4200 into as much as you can and drop the rest.

    I like .online though it's a bit on the longer side.

    Anyway, I'm just reiterating what I said earlier in the thread. It's a lot of names and the holding costs are on the higher end. Of course, I wish you the best of luck. Ideally you might get a 10x+ return on your investment.
     
    Last edited: Jun 16, 2021
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  2. Grego85

    Grego85 Fire.Horse VIP

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    So are you going to be renewing these domains? .Online isn't really very cheap, even amongst many other new gtlds when you factor in multi year renewals. Godaddy too, yikes! That's alot of transferring.
     
    Last edited: Jun 16, 2021
  3. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Spoken like a traditional domainer....shorter is better "if" it fits the narrative. That said however, there are tens of thousands of .com domains less than 15 characters that have "keywords", are easy to remember, and make for perfect business names.

    Remember I told you I really don't care what you or other domainers think:xf.rolleyes: i only care what an "end user" thinks. I know a lot of successful business people from the finance industry, the tech industry, the real estate industry, the legal profession, and the healthcare industry to name a few. I've started and named dozens of my own businesses, and I think I know a little better than most domainers what makes for a good business name.

    The real question for me is.....what are you afraid of:xf.wink:....there's a chance I might be right?
     
  4. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Have you been paying attention? Renewals are negotiable (at least for me), and that's the last time I'm telling you.
     
  5. DirkS

    DirkS Dutchman.info VIP

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    Sorry for the late reply. Life got in the way. appreciate the share. Ignoring some things posted, my thoughts:

    Thanks for the post Rich. I think it's a ballsy move to go this big, this fast on an extension like .online, hence my interest in your reasons, though process etc.

    For those who missed it, we've been discussing .xyz sales here, resulting in my request to Rich to elaborate a bit on his visions for .online.

    Although I still have some questions I think you outlined your vision pretty well. Please don't mind me addressing a couple of things:

    Might be a bit beyond the scope of this thread but do you really think that's the case? In my experience there are plenty of good 2 word .coms available for reasonable pricing when you take some time to research. Don't you think the bigger issue is that business owners become emotionally attached to the business name they think up, find out it's not that unique but don't want to settle for an 'inferior' option? You know the saying 'kill your darlings' used in writing? Don't get attached to your branding, don't get attached to a domain/tld. Treat it like a business. In business data/numbers don't lie.

    I get your reasoning. I just think it's flawed. Namescon is an existing brand. A meeting intended to take place offline. They had to pivot to an online auction, hence the .online extension makes perfect sense, but solely temporarily. Once the end of the pandemic is in sight, it might still continue to be online but the .online extension will become obsolete and they will simple revert back to the .com.

    I guess it depends where you're from and how you value your time but flipping burgers would definitely make me way more than $20K for 1000 hours worked. And that's a sure return/profit/income.

    Even if you're looking at a $10/piece renewal odds are not in your favour. One of the basic errors new domainers make is not taking into consideration renewal costs. If you renew none, you're done after a year. You'd need to sell at least 45 (roughly) at $500 a pop within the year to make this just as profitable as flipping burgers. That's quite the gamble considering .online's track record. After a year you can continue to work at
    the burgers inn just the same and make a profit. If you need to renew 3K domains that would set you back 30K each year, leaving you with about $10K in the red, each year.

    Not even taking into account taxes to be payed, payment processing fees, you name it.

    Who's going to pay them? And why? .online is already available and affordable.

    Look, I'm not a particular fan of .online but I don't hate it either. I wish you best of luck with this and hope you will share some numbers again once a year has past to see if this has been profitable for you.

    I see .web getting mentioned a lot for some reason so I'm gonna address that as well. They missed the momentum. The .web extension is just as obsolete as .online following some member's reasoning. It's meaningless albeit shorter than .online. How often do you use the word web vs online? Might be commonly used in the us but over here only diehard .net lovers (read old people and geeks) are still referencing to the internet as 'the web' and we all know what happened to .net (from a domainers perspective).

    Sums it up I think. Numbers used are sheer estimates and guesses but should be sufficiently close enough to be used in a workable model, too tired at the moment to do some 100% accurate calculations :)
     
  6. karamakate

    karamakate Restricted (15-30%)

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    I think we are facing a situation similar to the .top case.

    I'm sorry for your loss @ThatNameGuy

    Good luck.
     
  7. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Dutchman....thanks for a well thought out and heartfelt response. Despite what some of my critics think, I'm a balsy:xf.wink: sort of guy. You wished me luck in the golf tournament I played in this weekend and I appreciate it, but I think for the most part it's up to me to create my own luck. I don't know if you know what a calcutta is, but it's the means to bet on any team in the field or to bet on your own team. Well my partner and I bet $350 on our own team meaning if we didn't come in first or second in a two day tournament with just six teams playing, we'd lose our money. The money was divided between the two days meaning there was potential to win as much as $800 each day "if" you came in first. The first day we came in dead last out of six teams, but we started out with a clean slate the second day and low and behold we won the $800 the second day. I share this because life, sports and even domaining is all about taking risk.

    As soon as I finish responding I intend to risk $15 purchasing the following .online domains;

    TourCanada.online
    TourScotland.online
    TourAfrica.online
    TourRome.onlne
    TourItaly.online
    TourAmerica.online
    TourAlaska.online
    TourIreland.online
    TourJapan.online
    TourVegas.online
    TourChina.online
    TourIndia.online
    TourAsia.online
    TourHawaii.online
    TourEurope.online

    Dirk....tourism is a big deal the world over, and while the .com for all these names is already registered, to be able to tour these places "online" is absolutely incredible(y) Left of the dot these are great names especially considering "tour" is a keyword.

    So who might want these names? I don't know, but for starters any of the thousands of business's that are already in the tourism business, or maybe an entrepreneur like Nick from Wales? Ironically living in the largest resort city in the world i think I may register TourVirginiaBeach.online, and maybe the city of Virginia Beach may want it. We'll see.

    As for "plenty of good two word .coms", i've discovered only a few while researching the 3,600 .online domains i registered. Guess what? I've picked them up as well, and I may have about a dozen of them.

    Also Dirk, online learning is here to say regardless if the pandemic. My Kiwanis club that had zoom meetings for about a year is now back to meeting in person. Guess what though, we now have an option to go to the meeting virtually and I suppose that will continue ad infinitum.online:xf.wink: Same thing goes for jobs, healhcare, real estate and most of the tech industry.....virtual and online is here to stay.

    With regards to renewals, honestly I'm not concerned....that's the mindset of a true entrepreneur. The fact that none of them have to be renewed is very consoling. Make sense?

    Finally, regardless of the time spent creating this portfolio, i've loved every minute of it. It's been more fun than any of my startups, and I've had quite a few over the last 50 years.

    Thanks again Dirk....you're a gentleman and a friend. I hope to meetyou.offline someday:xf.smile:
     
    Last edited: Jun 17, 2021
  8. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    It was .realty before it was .online...

    :xf.laugh:
     
  9. Compassion

    Compassion Celebrate Life PRO

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    A simple one year investment to see if profits can be made on the initial sum.
    Nothing outlandish.

    No need for the melodrama.



    Two or three good end user sales makes a one year strategy work.
    Not impossible.
    Loading up on super cheap one year reg deals and playing a large field is nothing new.
    A lot of ways to angle domains - why not buy one great name for the same amount?
    or with the same est $4k - buy a few pronounceable and short names and see how that plays out over a year +

    There are no shortage of ways to throw money at domains...

    Always the question:
    Is the juice worth the squeeze?
     
    Last edited: Jun 17, 2021
  10. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Here's some more help for you Brad.....when your client's business name already has a .com associated with it, contact me and I'll help you find an alternative extension. I won't charge you a penny, but if I can be of help I'm here for you.
     
  11. Mary Muse

    Mary Muse Restricted (85-100%)

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    After listening to this clown bat away every other investors logical takes on this, you deserve to lose every penny that you will ended up pissing away on these terrible domains.

    Zero sympathy.
     
  12. Grego85

    Grego85 Fire.Horse VIP

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    dude,
    no one needs any help typing progressively lower quality names into a registrar until finding one that is available to settle for. It is the laziest way of getting domains. Your addiction to instant gratification is costing you.
     
    Last edited: Jun 17, 2021
  13. Charybdis

    Charybdis Established Member

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    Exactly, there are a lot of quality, brandable .com domains available for 2000 - 3000 USD if you browse marketplaces such as BrandBucket, Squadhelp or Alter. 2-word .com domains or 5L-6L quality brandable .com domains.

    This pricing is affordable for a lot of businesses registered in the US, UK, Canada, Australia, Germany, France etc.
     
  14. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Trust me....i've taken time to research and you're wrong about there being plenty of good 2-word .com domains available for a new business start up. As I told the Dutchman, less than 1% of the 2-word .online domains I've registered have an affordable equivalent .com. Here are the last three 2-word domains I registered a few hours ago, and you tell me an equivalent .com? I think you'll find they don't exist;

    VideoHealth.online - for a medical/doctor group who see's patients "online"
    VideoSpy.online - for investigative surveillance
    VideoGuard.online - for security, protection and surveillance
     
  15. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Costing me? Dude, it's costing you wasting your time way more than the .online discovery is costing me:xf.wink:
     
  16. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Hey I'm not looking for sympathy....just the fact they you're commenting adds value:xf.wink:....thanks.
     
  17. Mary Muse

    Mary Muse Restricted (85-100%)

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    Zero sales and zero potential sales

    That's the metric that matters.
     
  18. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    You're absolutely right....there are just as many ways to make money in this industry as there are to lose money. Having started and named many businesses serving multiple industries I know what I'm doing, and I'm aware of the risk.

    Thanks for the endorsement:xf.wink:
     
  19. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Thanks...."Idealy you might get a 10X+ return on your investment"....If that were to happen...it's off to the races. Just the fact you've been at this game and are well respected similar to my friend Bob Hawkes speaks volumes.

    videospy.online .ONLINE Domain Registration
    1 Year
    Renews June 2022 for $29.99 (1-yr term)
    $0.99
    96% off

    Above is a screen print of the 1-yr renewal term of a domain I bought this am. I'm sharing this because there seems to be some confusion surrounding renewals for .online domains.

    One final note, and this is typical of the .online domains I own. VideoSpy.com is for sale at Go Daddy for $6,999, and I plan on using this sort of information to help sell my .online domains to end users.

    Thanks again for commenting.

    ;
     
  20. CraigD

    CraigD Top Contributor VIP

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    I suggest you look at transferring your best to IONOS as they have a $1.00 transfer deal.

    That will at least give you another 12 months.

    From thereon however, the transfer and renewal fees look prohibitively expensive almost everywhere else.
     
    Last edited: Jun 18, 2021
  21. 88.88

    88.88 Established Member

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    i had some (may be) good .online but drop them for the expensive renewal fee. I suffer when need to drop domains so I decided not to register anymore .online and other expensive similar ones.
    Bur when I saw that casino.online is the most expensive sale of all I couldn't resist so now I've got only two.
    One is e-casino .online and the other is e-bet .online.
    Among other things, I saw later that previously they were from a member of namepros.
    e-poker .online (not mine) is already taken and developed.
    I think suggestion from CraigD is very useful. To move domains following transfer deals from time to time when available.
     
  22. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Thanks Craig. Question? Since all my domains are registered for $1 for a year, should I wait and transfer them close to the time when my year is up? I've not done this before, but is it time consuming and could you do this in bulk? Do you remember what I said about registrations possibly being negotiable? I only share that because I've personally been told by a registry they are. Thanks again.
     
  23. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    88.88....yes, I've known since I first started accumulating .online domains that Casino.Online sold for 200K thus i own a dozen or so names like;

    CasinoRoulette .online
    eRoulette .online
    CasinoCraps .online
    CasinoDealer .online
    VegasDealer .online

    Could it be that you and I are the only ones who know about gambling.online:xf.rolleyes: Thanks for your input(y)
     
  24. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    ooops Ms. Muse....wrong on both counts:xf.grin:......just had a lawyer/investor invest 20K plus for 20% of my .online portfolio. He's a sports guy, and when he learned GD is asking ten million dollars for the domain LocalSports.com and I own the "Local Sports Online", he decided to risk a few dollars.

    Anything else I can aMuse you with Ms. Muse:xf.rolleyes:
     
  25. DirkS

    DirkS Dutchman.info VIP

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    Thank you for the kind words Richard. Like I said, we may disagree on some things but skipping the noise, focussing on domaining by numbers I don't see why this endeavour couldn't be profitable. It's not for everyone, you would need to have money to burn, which you obviously have. You wouldn't even have to like the extension. Like I said, numbers don't lie.

    Well, that would be a major thing we disagree on. As an entrepreneur recurring costs is one of the most important things to take into consideration. Gotta pay my mortgage each month, gotta pay my renewals each year. I don't worry about it but it has to be part of the Masterplan. Can't leave things up to luck :).

    Good for you ;)

    Agreed. I don't shy away from opportunities. Did a similar thing on .shop domains back in 2019 I think. Just 400 or so names. Wasn't worth the squeeze but did leave me with additional profit to reinvest in some aftermarket purchases to hold. So yeah, not for everyone.

    Spot on. You'll notice how well buydomains is doing. I don't know about their cost but a lot of 'ok' domains are sold on a daily basis within that range. If you don't limit yourself to direct venue purchases but get involved in auctions, private sales and some negotiation a suitable .com for the smaller businesses is something that's attainable... For now.

    Well, video is a nice keyword although it would limit the use a bit in my opinion. I actually did find some that would could be a nice fit (depending on a more detailed businessmodel) within the $200-$3K range. Exact matches... All 6K+. That's a bin... Open to negotiate. Just saying.

    Circling back, you have a big enough number to make some 'lucky' sales, you may be able to offset your costs by getting some investors involved. You're enjoying it, have money to spend. Why not?. Wouldn't recommend it to most with limited funds to use though. Do keep us posted and like @CraigD mentioned, a $1 transfer deal might give you just the chance to broaden the experiment. Good luck and do keep us posted.
     

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