- Impact
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NamePros member @DirkS has requested that I provide an explanation for why I've registered over 3,600 .online domains in the last six months, so here goes;
First and foremost I'm a visionary. I've started dozens of business in my life. I'm 73 years old, and I started my first business while still in college in 1970. Sure I could just be saying this, but if you have doubts I would strongly suggest that you check me out.
Having learned about this industry just over three years ago I've found the .com extension for most new business names to be both unavailable and unaffordable. I've learned that if I were to start a new business today it's unlikely the name I choose for my business would be available or affordable.
Most important, like zip codes and area codes there are literally hundreds/thousands of alternatives, and .Online just so happens to be one of the alternatives. What initially attracted me to the .Online extension was when NamesCon Online (aka NamesCon.com) made the decision to have Radix (aka Radix.online) be a sponsor. Radix then created the domain NamesCon.online to compliment/match NamesCon.com.
When I realized how the .online extension matched up with names like Reservations.online, Shopping.online, Learning.online and Domains.online, I just knew i was on to something
Note that names like Reservations.com, Shopping.com, Learning.com and Domains.com are not only "unavailable", even if they were available, they'd most likely be "unaffordable"
Ironically about the time I noticed the .online extension, Go Daddy and Radix partnered and made .online domains available for a first time annual registration fee of .99 cents, and an annual re-registration of just 49.99 thereafter.
I've spent over a thousand hours in the last six months buying mostly one and two word .online domains, so if you were to add my time to the approximate $4,200 I've paid Go Daddy, I have over $20,000 invested in my portfolio of 3,634 domains.
My critics will say things like, you'll never be able to afford to renew all your domains at 49.99 each to which I have a twofold answer; #1 i don't need to renew a single domain and #2 whose to say the renewal fee isn't negotiable....as a businessperson I've learned that pretty much everything is negotiable.
Of importance to me is the fact that "if" my .online domains were .com domains my portfolio would be "valued" at over twenty million dollars. Yes, that's $20,000,000 or 20M
Now is where the rubber meets the road meaning, how do I plan to sell these domains? I just started listing them with the likes of Go Daddy where my current pricing ranges from a low of $199 to $999 and I'm looking to have an annual renewal of $99.....remember, everything is negotiable.
I plan to experiment with financing, leasing/renting and licensing my domains. I also plan to form a "users group" where end users actually have an interest in promoting the .online extension to the world.
Few domains and especially .online domains will sell themselves Thus I plan on having an "outbound" sales/marketing team who share my vision to make .online both available and affordable.
Finally, I owe a bit of gratitude to the monopoly Verisign for confirming my suspicions about the nature of the .com beast. While the beast is slowly dying, alternative solutions are ready, willing and able to take over.
Thank you!
First and foremost I'm a visionary. I've started dozens of business in my life. I'm 73 years old, and I started my first business while still in college in 1970. Sure I could just be saying this, but if you have doubts I would strongly suggest that you check me out.
Having learned about this industry just over three years ago I've found the .com extension for most new business names to be both unavailable and unaffordable. I've learned that if I were to start a new business today it's unlikely the name I choose for my business would be available or affordable.
Most important, like zip codes and area codes there are literally hundreds/thousands of alternatives, and .Online just so happens to be one of the alternatives. What initially attracted me to the .Online extension was when NamesCon Online (aka NamesCon.com) made the decision to have Radix (aka Radix.online) be a sponsor. Radix then created the domain NamesCon.online to compliment/match NamesCon.com.
When I realized how the .online extension matched up with names like Reservations.online, Shopping.online, Learning.online and Domains.online, I just knew i was on to something
Note that names like Reservations.com, Shopping.com, Learning.com and Domains.com are not only "unavailable", even if they were available, they'd most likely be "unaffordable"Ironically about the time I noticed the .online extension, Go Daddy and Radix partnered and made .online domains available for a first time annual registration fee of .99 cents, and an annual re-registration of just 49.99 thereafter.
I've spent over a thousand hours in the last six months buying mostly one and two word .online domains, so if you were to add my time to the approximate $4,200 I've paid Go Daddy, I have over $20,000 invested in my portfolio of 3,634 domains.
My critics will say things like, you'll never be able to afford to renew all your domains at 49.99 each to which I have a twofold answer; #1 i don't need to renew a single domain and #2 whose to say the renewal fee isn't negotiable
....as a businessperson I've learned that pretty much everything is negotiable.Of importance to me is the fact that "if" my .online domains were .com domains my portfolio would be "valued" at over twenty million dollars. Yes, that's $20,000,000 or 20M
Now is where the rubber meets the road meaning, how do I plan to sell these domains? I just started listing them with the likes of Go Daddy where my current pricing ranges from a low of $199 to $999 and I'm looking to have an annual renewal of $99.....remember, everything is negotiable.
I plan to experiment with financing, leasing/renting and licensing my domains. I also plan to form a "users group" where end users actually have an interest in promoting the .online extension to the world.
Few domains and especially .online domains will sell themselves
Thus I plan on having an "outbound" sales/marketing team who share my vision to make .online both available and affordable.Finally, I owe a bit of gratitude to the monopoly Verisign for confirming my suspicions about the nature of the .com beast. While the beast is slowly dying, alternative solutions are ready, willing and able to take over.
Thank you!
