What am I missing???

[Premium gTLD]

Okay, so I know I'm a "newbie" with "no experience" but I gotta ask, what am I missing?

For the price of a single, random NLLLL.com (in this case P3798.com), I instead purchased the following premium .guide domains:

• Truck.guide
• Drone.guide
• SUV.guide
• ATV.guide
• Art.guide

Can anyone honestly say with a straight face that a random LNNNN.com would be a better investment than a single one of the .guide domains above, let alone all five of them?

 

[gilescoley]

you seriously bringing Apple into this new extension thread...not really relevant I dont think..one will be around forever and the other wont..

 

[Premium gTLD]

So you're either suggesting that ICANN is going to eliminate all TLD's except the .com extension or Apple is going bankrupt. Which one is it?

 

[Kate]

It's a poor comparison, new extensions are not new technology, they work exactly like the 'old' ones.

 

[Premium gTLD]

Okay, so let's use the comparison of 1950's Television channels. Anybody think that having three channels was going to last forever? Oh yeah, some people did (mostly the owners of the Networks and TV stations).

Then came CNN, MTV, ESPN, HGTV, Travel Channel, Food Network, Weather Channel, etc. etc. Why would anybody ever watch a 24 Hour News channel, or sit down for an episode of something called "Sports Center"?

If anything the Internet naming structure is finally catching up to the rest of media.

P.S. Watch a young Ted Turner on that CNN link talk about offering "choice" to consumers. Good stuff!

 

[Fancy.domains]

Your offers will be from other new domainers though..thats not really showing the potential or future of an extension..its just showing there are plenty of new domainers on NP

If you were getting getting x,xxx offers and there were were constant end user sales with these extensions, I would certainly reconsider my standpoint on this...but its not happening

You are still guessing. At least 60% (probably about 75%) of my sales are to end-users (small and middle-sized companies). I have even been writing about it in another thread a few months ago. Even small businesses sometimes buy domains for $500. I am still happy to sell a less than a year old 15-dollar domain for that.

 

[gilescoley]

So you're either suggesting that ICANN is going to eliminate all TLD's except the .com extension or Apple is going bankrupt. Which one is it?

ICANN doesnt have to decide that, the market will, like it always does.. and Apple is isnt going anywhere!!

 

[Kate]

Okay, so let's use the comparison of 1950's Television channels. Anybody think that having three channels was going to last forever? Oh yeah, some people did (mostly the owners of the Networks and TV stations).

Then came CNN, MTV, ESPN, HGTV, Travel Channel, Food Network, Weather Channel, etc. etc.
...

Sure, we can even have TV shows about the sex life of ants but how many people are going to watch them ? Choice is good, but products for which there is no consumer demand will not make it on the market.

 

[WeGotNames]

I've got to agree with gilescoley if you just look at the statistics... But hey who wld have guessed LLLL.com
was going to be that big 2 years ago ??
I know its a "wait n see" but i've registered a few gtlds. No sale yet.
Loan.study
bjx.io
shz.io

 

[disaac81]

Think of it this way...

Sticking a dot in the middle of your brand name really dot sucks

 

[Premium gTLD]

I've got to agree with gilescoley if you just look at the statistics... But hey who wld have guessed LLLL.com
was going to be that big 2 years ago ??
I know its a "wait n see" but i've registered a few gtlds. No sale yet.
Loan.study
bjx.io
shz.io

Loan.study is not a particularly relevant or brandable domain.
On the other hand those words work with other extensions:

Study.Guide is a good name.
Car.Loan is an AMAZING name!

Speculation on nonsense domain names is a bad idea whether they are .com or gTLD's.

 

[thetruman]

ok premiumgTLD make me a good offer on dangerous.video... it fits well and I promise I will sell

 

[gilescoley]

Study.Guide is a good name.
Car.Loan is an AMAZING name!

I agree, it looks and sounds really nice and the keywords are great and make sense, but it it really comes down to end-users and they are just not interested in names like this, mainly because 99% have never heard of them and dont know they exist, and even if they did, they would much rather brand their business on a 2nd rate .COM rather than one of these new extension

 

[james haw]

but it it really comes down to end-users and they are just not interested in names like this, mainly because 99% have never heard of them and dont know they exist

This idea is true (although "99%" is pure speculation), however it's the domain name market which dictates that .com is "king", and in many other aspects it doesn't matter - such as the technical side, all domain names work the same, and can be branded and marketed the same. And if people saw more newgTLDs on bigger name sites, then many would have no problem using them.

I think a newgTLD which is meaningful and matches their brand or company name is better than a .com which has weak resemblance to their cause.

For example:
London.Plumbers
OR
SmartPlumbersLondon.com

The first is a perfect domain name (current asset value aside), whereas the second is icky. Trouble is, the strength of the .com is unnatural in some ways, as "SmartPlumbersLondon.com" could easily sell to the right end user for $x,xxx, whereas the shorter and more perfect "London.Plumbers" currently is a large gamble as to anyone buying it. And this is dictated by the marketplace, not common sense or which is the better looking and shorter name.


As time goes on they will have to naturally become more popular, because even as it stands now anyone wanting a decent and relevant .com for their business is likely not going to get it unless they pay a decent sum. This will only get harder and so people will have no choice but to turn to something else.

I'm talking about small to medium size businesses etc, not larger ones who want the asset and can afford it.

As happens with a lot of trends, more people will use newgTLD as a cheaper alternative and get an ideal match domain name. Popularity often brings exponential popularity growth, and so newgTLDs will become ok to have and use, and thus ok to buy and sell.

I don't think this will weaken the .com, I think it will strengthen it by making it more exclusive, and sale prices increase due to limited availability.


All that said, all TLDs are different beasts to oneanother, and cannot always be compared the same. For example "London.Builders" is great, "Bingo.Builders" is crap. Whereas .com is generic and so can carry any quality keywords and remain valuable.
So I don't think one single or a few specific newgTLDs will simply "take off", only certain newgTLDs, and where the domain name and TLD match.


Of course this is my theory and I have no facts, only ideas based on similar scenarios in markets, business, and human nature.

 

[JudgeMind]

still best to stick with .com to build up your portfolio, after you have a nice list of .com domains and have made a few sales you can dabble in nGtlds,

 

[Premium gTLD]

still best to stick with .com to build up your portfolio, after you have a nice list of .com domains and have made a few sales you can dabble in nGtlds,

Problem is nearly all the "nice" .com domains are gone or overpriced, which of course is why they released gTLD's to begin with.

Any domainer investing new $ is misguided to ignore land grab opportunity of the premium GTD's

 

[Kate]

still best to stick with .com to build up your portfolio, after you have a nice list of .com domains and have made a few sales you can dabble in nGtlds,

This is very true. The problem is that some domainers who have never sold a .com, are thinking they will have more success with new extensions. That is highly unlikely, because they don't have enough experience to validate their skills. Making repeated sales is the proof of concept

Problem is nearly all the "nice" .com domains are gone or overpriced, which of course is why they released gTLD's to begin with.

Any domainer investing new $ is misguided to ignore land grab opportunity of the premium GTD's

You can still grab some good .com drops for $$. Rather than buy 10 regfee domains, buy just one good drop. New extensions are often more expensive than .com, so the costs quickly add up while the odds of making a sale are very remote.

We often hear from the newcomers that they are buying regfee domains because they can't afford to compete at the auctions. But soon they amass hundreds of names and their renewal bills run in the thousands. But they won't make a lot of sales because their portfolio is low quality. Should have bought fewer domains with the same budget, but been much more selective.
Quality > quantity.

 

[WatchDogue]

Most if not all of the small to modest mid sized business' cannot afford or justify the pricey purchase of their ideal .com domain name or perhaps will ever have the opportunity to even consider its' purchase.

So a smart and ambitious domineer may acquire very specific marketplace domain extensions and offer 'em very reasonably priced to such business' and create their own small domain business sales model for selling select gTLDs.

IMO some of the new gTLDs will find moderate success as quality consolation prizes vs the .com, perhaps as primary names or as likely as secondary, re-direct / point domain names.

 

[Tank]

hmm..

 

[Kate]

Most if not all of the small to modest mid sized business' cannot afford or justify the pricey purchase of their ideal .com domain name or perhaps will ever have the opportunity to even consider its' purchase.

Most sales to end users are in the low-$,$$$ range on average, and there are many in the 3-figure range. End users may still think this is 'pricey', but quality domain are not out of reach. Especially when they pay lots more on advertising, stationery and all kinds of operating expenses.

IMO some of the new gTLDs will find moderate success as quality consolation prizes vs the .com, perhaps as primary names or as likely as secondary, re-direct / point domain names.

People who don't want to pay more than regfee already had plenty of options. Now they have even more, but there are caveats too.