Unstoppable Domain Industry Growth!

[Sameh]

From DomainNews.com

Those of you who have been reading DomainNews faithfully, it comes to no surprise when we tell you that these are booming times in an estimated $2 billion domain name industry.

The buying and selling of domain names and pay-per-click advertising revenue for the owners of premium domain names has been growing like wildfire. Verisign claims that worldwide, an estimated that 90,000 new domain names are being registered every day.

According to industry experts, the domain industry’s market value could reach $4 billion by 2010.

At least 128 million domain names had been registered worldwide by March 2007, a 31 percent increase over the previous year, according to VeriSign.

Jerry Nolte, managing partner of Domainer’s Magazine said it best, “This industry is like the wild, wild west right now and people have no idea how fast it’s growing.”

Article Link

 

[Smiler]

I'm not saying 3rd world countries have no access to computers or internet. Only those people who are well off and privileged have access to these luxuries. What I'm saying is that not everyone in the 3rd world country have access to computers like we do and take them for granted. Many of them live below the poverty line that makes it hard for them to access the internet or even use a descent computer. So when these group of population starts using the internet, the first TLD extension that they will most likely to learn is the dot com extension. What do you think?

 

[DomainMayhem.com]

I'm not saying 3rd world countries have no access to computers or internet. Only those people who are well off and privileged have access to these luxuries. What I'm saying is that not everyone in the 3rd world country have access to computers like we do and take them for granted. Many of them live below the poverty line that makes it hard for them to access the internet or even use a descent computer. So when these group of population starts using the internet, the first TLD extension that they will most likely to learn is the dot com extension. What do you think?

I agree with most of your points here, except the dotcom one. Most likely the extension learned about first will be the one that is used predominantly in that area. They will learn by doing, and it will depend on what ext. that country/area uses most as to what they will see first.

 

[cache]

some one need to come out and predicate the next bubble burst +

 

[accent]

The next domain price drop (bubble or not) will be .....

When the global economy has it's next recession.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

A bubble means a period of uninformed, excessive speculation. I have heard that before the dot com bust domain names were roughly at the prices they are today. Add in the 30% growth per year that the internet has enjoyed since that time and it would seem that the domain industry is currently on pretty secure footing. The US stock market is in record territory - granted only recently having passed the markers of the last boom - so it appears to be about the same place in the cycle as the domain industry.

When droves of people show up here with piles of money wanting domains, any domains --- it is bubble time.

 

[Peter]

A bubble means a period of uninformed, excessive speculation. I have heard that before the dot com bust domain names were roughly at the prices they are today. Add in the 30% growth per year that the internet has enjoyed since that time and it would seem that the domain industry is currently on pretty secure footing. The US stock market is in record territory - granted only recently having passed the markers of the last boom - so it appears to be about the same place in the cycle as the domain industry.

When droves of people show up here with piles of money wanting domains, any domains --- it is bubble time.

1 of the causes of the dotcom boom/bust was the fact that companies were funnelling millions of $ unfounded into online business that had little chance of succeeding or making money. There were many business from that time that never made a profit (such as BOL.com).

We have a situation similar at the moment although on a slightly lesser scale. Sites such as youtube.com being bought from google for instance. Google paid $1.6 Billion (i think it was something like that). Any idea how much youtube has made in profits? If you guessed over $1 you would be wrong, they were operating at a loss, and not slight losses at that, they were losing millions.

1 of the few success stories of the dotcom bust was amazon. They did not actually turn it's first profit in a single quarter until 2001, they had been founded in 1995

http://news.bbc.co.uk/1/hi/business/1775294.stm

As you can see from the article they lost $545 million the year before that first profit. They must have had backers with very deep pockets, they lost Billions of $ before 2001.

 

[MadAboutDomains]

All the more reason for me to hold on to my KJU.net and M8.eu

 

[accent]

.....
Sites such as youtube.com being bought from google for instance. Google paid $1.6 Billion (i think it was something like that). Any idea how much youtube has made in profits? If you guessed over $1 you would be wrong, they were operating at a loss, and not slight losses at that, they were losing millions.
.....

I have heard the YouTube buy before referred to as a hot-air, gotta-get-in-now kind of thing. I am not willing to go there. Google knows the internet, they know it well. YouTube has tons of users, it has established it's niche and is likely to stay on top there, continuing to grow. YouTube has content, tons of it, and more every day. Google is all about content.

I am willing to bet that Google knows how to blend YouTube into its' business and make it profitable. I notice that YouTube posts are showing up in Google search a lot now and they get to have pictures.

In a true bubble we would have General Electric buying YouTube and putting the CEO's son-in law in charge of it - that kind of thing happening every few days.