domain SUITSFOR.MEN (AN NGTLD THAT WORKS)

[slader23]

Non-Premium Renewals.

I currently own it until 2023, with the added coupons I've paid about $6.50 for 6 years of ownership and I'll be maxing it out for the full 10 years after I complete a quick $4 sale of one of my .coms, just waiting for the paypal payment.

The best .com domain for suits other than suit.com or suits.com is 100% MensSuits.com(There is no NGTLD equivalent). I am trying to create price competition for my name as the 4th best due to the fact that it is the emd competitor of the .com SuitsForMen.com.

I have the advantage of locked in renewals for the next 10 years for the domain and renewal at a price below .COM renewal fees.

Here is the Important Data

Source: Domain Index

For an EndUser this could be a great name for an online store selling Men's suits. .Men is imho a pretty weak ngtld but this is probably one of the best uses of the tld on the entire internet. Any end user buying into the name now would be saving years of renewal fees ( which rocket back up soon) and be able to focus mainly on marketing and advertising the name as the .com doesn't even rank for its own keyword (original owner is end user), just check out the domain now www.suitsformen.com, not much done at all in terms of development.

Since I'll be locking this up for a few years I'm interesting in leaving this thread open and seeing how peoples opinions vary over the years. It'll be fun.

 

[slader23]

Don't fall for the ngtld domainer hype, it will end up costing you money in wasted renewals.

Most companies don't even know they exist, so unless you plan on developing it, I would let this one go.

1 reported .men sale

indoset.men 210 USD 2016-03-29 Uniregistry

Good luck in whatever you decide

Thanks for your opinion Giles, I really appreciate it. I'm not letting it go...I have my own set timeline for when I will market this name and that is not any time soon. Probably in 2021.

 

[ecalc]

Thanks for your opinion. None of those were previously held or dropped premiums by the registry and quite francly pantsfor.men, shirtsfor.men and tuxedosfor.men are all low level emds for this tld.
w
Weak Market for "for men"? I don't thinks so. All the sales you have mentioned are emds that are not within the top 5 names in that niche

SuitsForMen
ShoesForMen
WatchesForMen
ClothesForMen

All of these have yet to sell in the aftermarket, and all would likely go for high 5 to low 6 figures. So your analysis of the market does not take into account the fact that the top names in the niche, which are relative to my name have not sold, and their value to an end user because that would be a better comparison. Regardless I appreciate your opinion, this isn't a game to me, You may think I've struck out, but I think I view things with a much further outlook than you legacy domainers. I can sit on this name for 5 years and still be in my 20's, so lets see what happens. I'm in no need to sell or auction this name until at least 2021, I've got other emd ngtlds like Fishing.Tools that will go up for sale in 2020. This isn't baseball, this is chess, and I'm thinking several years ahead.

Registry labels/markups such as ‘premium’ carry no weight in my price model. I agree that pantsfor.men, shirtsfor.men & tuxedosfor.men are low level as are all two word .men domains.

Market strength is determined by completed sales volume and realized price, not perceived quality or asking price. If no homes sold in a zip code during the most recent quarter then that market is weak/cold/illiquid/[insert derogatory term here]. The market for .com clothing domains with the phrase ‘for men’ is indeed weak. Six figure .com hypotheticals serve no purpose. The appropriate comps for your name are the available .men hand regs noted in my previous post.

Honest appraisals aren’t sugar coated. When you buy a used car, you or your mechanic go over the vehicle with a fine tooth comb to find any problems. The same when buying a house. Home inspectors aren’t paid for compliments, they just identify defects. Car and house problems are usually repairable. Not so with domains. Thus the two strike rule. One strike is bad. Two strikes are deadly to the wallet. Discriminate harshly when picking names. Five years is the blink of an eye. Prepare to hold for ten years minimum before retail sale and keep one eye on the fire exit.

 

[slader23]

Registry labels/markups such as ‘premium’ carry no weight in my price model. I agree that pantsfor.men, shirtsfor.men & tuxedosfor.men are low level as are all two word .men domains.

Market strength is determined by completed sales volume and realized price, not perceived quality or asking price. If no homes sold in a zip code during the most recent quarter then that market is weak/cold/illiquid/[insert derogatory term here]. The market for .com clothing domains with the phrase ‘for men’ is indeed weak. Six figure .com hypotheticals serve no purpose. The appropriate comps for your name are the available .men hand regs noted in my previous post.

Honest appraisals aren’t sugar coated. When you buy a used car, you or your mechanic go over the vehicle with a fine tooth comb to find any problems. The same when buying a house. Home inspectors aren’t paid for compliments, they just identify defects. Car and house problems are usually repairable. Not so with domains. Thus the two strike rule. One strike is bad. Two strikes are deadly to the wallet. Discriminate harshly when picking names. Five years is the blink of an eye. Prepare to hold for ten years minimum before retail sale and keep one eye on the fire exit.

As I said before I appreciate your opinion. But I domain by my own rules and my opinion of market trends are dissimilar to yours. There is a reason why registries hold domains as premiums, it is not my main motivation for getting this name only a small part in the overall factors considered for me to execute the acquisition. Your right 5 years went in a flash, and so did this registry going from 25 to 100k registered names, which happened in slightly under 2 months. Time will tell whether or not I've made the right decision, but my gut tells me I did and so does my research into ngtlds. The growth is there and the comps will soon follow, there is no stopping them.

I have my own rules with domains and I'll stick to them as I progress in this industry, I don't have a strike system. I look for development potential, search volume, market trends, probability of obsoletion, competition, average monthly ad budgets spent within the top ranking advertisers, the overall size of the client pool/market, developed ngtlds in my target market, tlds taken, trademark risk, trademark availability, brandability. Comps are not really a good indicator of value to me because I look at many other variables and I won't use them alone as guidance when pricing my name because in the end it comes down to the flexibility of the buyer and the amount of "want" they have for the name.


The market is not mature enough for me to market this name effectively, I'll have this name for 10+ years, and I strongly believe that its value will be very clear within 5. This name provided no pain to my wallet, for $10 bucks I now own it for what should normally cost $100+. I make more than I spent on this name in less than hour. I've now got 10 years to make a return on $10, which I am confident I'll will.



No one liked electric cars at first, but look at Tesla now. All in good time.

Thanks for your opinion.

 

[Traveler]

I prefer a single word with a new extension, the perfect match to the left and the right of the dot. I think those will be the ones with the most value. Once you put two words in front of the dot, there are so many combinations available, I think the value drops.

For $10, suitsfor.men is not a bad name and even with 10 years of renewals you will probably make a profit. Personally I would not load up on those names, spend a bit more now when the market is weak and grab the names that are a perfect match. That is my two cents anyway.

 

[slader23]

I prefer a single word with a new extension, the perfect match to the left and the right of the dot. I think those will be the ones with the most value. Once you put two words in front of the dot, there are so many combinations available, I think the value drops.

For $10, suitsfor.men is not a bad name and even with 10 years of renewals you will probably make a profit. Personally I would not load up on those names, spend a bit more now when the market is weak and grab the names that are a perfect match. That is my two cents anyway.

Thats thing though people don't seem to understand. I'm not paying anymore renewals... for $10 I got the name and 10 years of renewals, in other words I spent 10$ for the name until 2027, its a 3 word emd ngtld, I'm not taking to much risk with this because there is a difference between a domainer and end users preference.


This isn't even my best ngtld, in terms of emds I've also got Fishing.Tools, a name that I won't be letting go for a while...its not fishing.equipment but, the next best emd ngtld that matches the left and right of the dot. It would take an extremely good offer for me to consider selling that in this market.

 

[Traveler]

Thats thing though people don't seem to understand. I'm not paying anymore renewals... for $10 I got the name and 10 years of renewals.

Sorry, I missed that somehow.

 

[slader23]

Sorry, I missed that somehow.

I think most people have, .MEN has a renewal of $.99 at alpnames and a reg of $.69, so I locked this in for a very cheap price. IMHO the ROI potential is excellent and that is part of the reasons why I bought the name. People may not like it aesthetically today or in terms of having the ability to sell it fast....but given the time horizon I've given myself through the incredibly favorable pricing of the tld... I have several years to wait, watch and take action and even park it to see if it can make the investment back in traffic.

Being able to hand reg an emd ngtld with 60k+ monthly searches for 10 years and at a price of $10, including the price of registration isn't something that happens every day. NGTLDs will be almost 20 years old by the time this name expires and I expect the market to have developed significantly. So like I said earlier it will be interesting to come back to this thread in a few years and see how peoples views have changed. Regardless of peoples opinions there is a significant amount of money spent on these keywords per month as a phrase, thats not something that can be said for most names on this forum because most names here do not equate to money spent by businesses advertising in real time. Anyways thanks for your opinion, appreciate it.

 

[Traveler]

I think most people have, .MEN has a renewal of $.99 at alpnames and a reg of $.69, so I locked this in for a very cheap price.

Not a bad move, maybe pick up a few at that price.

 

[slader23]

Not a bad move, maybe pick up a few at that price.

I can't lol all the good ones are taken. I made a list of all the best possible one and two word emd combos that make sense and this one was the only one available. Earlier in the thread I mentioned that GiftsFor.Men and a few others are marked as registry premiums with a minimum price/offer of $3k. NGTLD domainers like me wait for the guys with short term views drop their premiums and then lock them in for as long as possible, its the wild west right now for the NGTLD market and its best to buy and hold your deck of cards until the market is ripe. The other names that were said Shirtsfor.men and tuxedosfor.men, do not meet my criteria, not enough search volume and can't be sold as stand alone products. Shirts can be bought at clothesfor.men if developed but not suits and tuxedos would be bought at suitsfor.men if developed, I always account for the posibility of obseletion by another name in the same namespace...so those names aren't worth the hassle.

I hope you can understand my logic now.

 

[Kate]

A couple thoughts:

• This one is clumsy, I don't like it visually, for branding purposes it won't work well
• people will always have to remember where to put the dot, is it suitsfor.men, suits.formen, oh not it must be suitsformen.com ?
  
• like Ecalc said, prepositions in domain names tend to diminish value
• like Ecalc said, alternatives exist
  
• plus, four (and two, three) are possibly confusing in domain names
  
• I think new extensions work best with single keyword + TLD, where both left and right and the dot make sense as a combo eg. good.men
  
• in my view it is a domain hack, most names in new extensions qualify as hacks for me. Of course, they are not like bitco.in where the keyword is split in the middle. Here the keywords are separated by the dot. Nonetheless, the left of the dot cannot be dissociated from the TLD itself: 'suitsfor' wouldn't make sense. On the other hand bitcoin.com is a self-contained brand. But we can leave that as a technicality.
  
• the fact that similar domains like GiftsFor.Men are flagged as premium by the registry carries no weight at all, the pricing set by registries doesn't reflect any kind of end user demand. IMO this was just a crumb left by the registry and I don't think it's an oversight on their part.
  
• I don't lend much value to EMDs unless they are .com. Search volume doesn't mean built-in traffic until the name is developed. Any domain can be developed after all.
• More relevant question: how many names sell in new TLDs because they are EMD ?
  
• Is there a pool of possible end users ? I think the most obvious end user would be suitsformen.com but they don't need it
• the fact that is was cheap doesn't mean it's worth considerably more than what you paid for, plenty of names can be had in new extensions for cheap.
• it lacks branding potential overall

In short, if you are waiting for an user he/she will never come IMO. You have better domains than this one.

 

[slader23]

A couple thoughts:

• This one is clumsy, I don't like it visually, for branding purposes it won't work well
• people will always have to remember where to put the dot, is it suitsfor.men, suits.formen, oh not it must be suitsformen.com ?
  
• like Ecalc said, prepositions in domain names tend to diminish value
• like Ecalc said, alternatives exist
  
• plus, four (and two, three) are possibly confusing in domain names
  
• I think new extensions work best with single keyword + TLD, where both left and right and the dot make sense as a combo eg. good.men
  
• in my view it is a domain hack, most names in new extensions qualify as hacks for me. Of course, they are not like bitco.in where the keyword is split in the middle. Here the keywords are separated by the dot. Nonetheless, the left of the dot cannot be dissociated from the TLD itself: 'suitsfor' wouldn't make sense. On the other hand bitcoin.com is a self-contained brand. But we can leave that as a technicality.
  
• the fact that similar domains like GiftsFor.Men are flagged as premium by the registry carries no weight at all, the pricing set by registries doesn't reflect any kind of end user demand. IMO this was just a crumb left by the registry and I don't think it's an oversight on their part.
  
• I don't lend much value to EMDs unless they are .com. Search volume doesn't mean built-in traffic until the name is developed. Any domain can be developed after all.
• More relevant question: how many names sell in new TLDs because they are EMD ?
  
• Is there a pool of possible end users ? I think the most obvious end user would be suitsformen.com but they don't need it
• the fact that is was cheap doesn't mean it's worth considerably more than what you paid for, plenty of names can be had in new extensions for cheap.
• it lacks branding potential overall

In short, if you are waiting for an user he/she will never come IMO. You have better domains than this one.

Thanks for your opinion Kate. We'll see what happens in 10 years.