discuss Pricey .com or NextGenTLD

[NameLlama]

If we view some recent Five Figures sales from Namebio .com
internationaldesigngroup.com 10,000 USD 2019-03-07 Sedo
upholdings.com 15,000 USD 2019-01-29 Sedo
ezbet.com 22,501 USD 2019-01-15 GoDaddy
topcars.com 14,588 USD 2018-11-07 Flippa
twcapital.com 10,000 USD 2018-07-03 Sedo
umedia.com 21,250 USD 2018-04-18 GoDaddy
viaone.com 45,000 USD 2018-04-15 Afternic
europewatch.com 25,000 USD 2018-03-02 Uniregistry
arizonasurgery.com 10,000 USD 2018-02-28 Uniregistry
hoststorage.com 10,000 USD 2018-02-22 Uniregistry
localfoodtours.com 19,000 USD 2018-02-18 DomainMarket
betterlove.com 22,500 USD 2018-02-16 Uniregistry
videodesign.com 50,000 USD 2018-02-14 Sedo
hostcloud.com 10,000 USD 2018-02-13 Sedo

By the way, who sold VIAONE.com? Crazy ROI, if they bought for 110 USD
viaone.com 110 USD 2016-02-08 NameJet
viaone.com 45,000 USD 2018-04-15 Afternic
And who sold it for 110, hahahaha

Why they did not buy the NextGenTLD?

Renewal of 600 for better.love will take 37 years to catch .COM price of 22,500
Video.design 2400 renewal will take 21 years to reach 50,000

 

[barman]

Because dot com is king

 

[NameLlama]

This may be devastating news for holders of .whatevers

 

[gtldomainer]

Human nature.

One is hot and happening; other is in who-that stage. At least at the moment. Not many interested to invest in the latter.

 

[DomainRecap]

The only reason not to buy the .COM is if a) it's not available or b) you can't afford it, and the domains were open for sale and these guys could obviously afford them.

 

[BRANDERX]

One major issue new gtlds & even .net face & will face for a long time is : Global Recognition .

The struggle will continue.

I actually think the more new gtlds are released, the more .com will dominate. Seeing them sitting there cheapens the whole concept. Be it regular renewals or 4-5 figure outrageous renewals.

 

[WillW]

It's true. Global recognition is lacking.


I tried telling a friend the other day that there's a .kiwi and .horse extension..

...they laughed and said, "yeah, good one."

 

[DomainRecap]

I actually think the more new gtlds are released, the more .com will dominate. Seeing them sitting there cheapens the whole concept. Be it regular renewals or 4-5 figure outrageous renewals.

Exactly, it's like the "bargain bin" at retail stores - once your product has that kind of reputation, there is no coming back from it.

 

[Bob Hawkes]

I think the OP and responders have pointed out several important realities about the challenges for new domain extensions.

I would point out a couple of things.

First there seemed to be the assumption that the corresponding ngTLDs did not sell or not for much, but that is not true for all of your examples. For example TopCars(.)com did sell for $14,588 as you say, but cars(.)top sold in 2017 (NameBio listed) for $15,038, a similar price. I am not sure where your asking price in the list came from, but if you simply enter the domain name it goes to an Undeveloped lander where the current owner is asking high 6 figures for it.

Secondly, re economics, most business owners look at most assets in terms of the cost of money tied up in them. Let's take one of yours, video(.)design. You report that VideoDesign(.)com sold for $50,000. At 4.5% (a typical figures organizations use as the effective cost of money) that investment represents an annual cost of $2250. Now if we compare that to the direct name video(.)design that can be purchased (presume from registry) right now for $2390 with an annual cost also of $2390. It seems to me it is priced approximately right. Some would for various reasons prefer the .com and go that route, but a firm that liked the elegance or newness of the .design can pay essentially the same annual cost without a one time large expenditure of scarce startup funds.

Now this way of looking at things does not take into account what the domain name in .com would resell for after x years of use, which is difficult to predict. If one bought today the .com at that price on a standard .lease agreement almost certainly the annual costs would be higher for the .com. Perhaps justifiably so.

Bob

 

[JayT]

It would be nice if someone found 100 instance of 5fig .com sales having developed websites and alert the owners to the nTLD exact matches, then see how many buy it. I believe few know the options exist. How many care?

 

[NameLlama]

It would be nice if someone found 100 instance of 5fig .com sales having developed websites and alert the owners to the nTLD exact matches, then see how many buy it. I believe few know the options exist. How many care?

Even 6 figure sale they fail

Dream.life struggling while Dreamlife.com six figure sale in 2007
https://www.namepros.com/threads/dreamlife-com-just-sold-for-171-750-00.342311/
dream.life 251 USD 2017-04-27 Flippa

usedcars.forsale 1,800 to register and renew
usedcarsforsale.com 100,000 USD 2017-06-07 Uniregistry

aero.space 6,000 to register and renew
aerospace.com 160,200 USD 2011-07-27 NameJet

web.city 3,600 to register and renew
webcity.com 150,000 USD 2003-02-01 Private
webcity.com 15,050 USD 2017-03-08 DropCatch

Of course those TLDs not released at the time, 2003, 2007
But they are not selling even when .com was selling for SIX FIGURES