advice What's New Trend in Chinese Domain Buyers ?

[vikas123]

Please advice if you are aware, Rumors are they have started investing in NNLL and Chinese number with numeric number , is this true

 

[baseballworld]

Guess that phase everyone chased didn't last long after all. Stick around this crap happens all the time.

 

[vikas123]

Guess that phase everyone chased didn't last long after all. Stick around this crap happens all the time.

i agree with you - things will not remain same

 

[nsquare]

New trend is DO Not Buy! Someone got lot of money when .Coms were registered last year.
Verizon is buying Yahoo btw!

 

[bludex]

The trend is looking for short domains that are acronyms in pinyin. http://domainnamewire.com/2016/07/25/james-booth-went-zero-5-million-6-months-dnw-podcast-94/

 

[bobbarato]

I see this advice a lot on this forum, and I think it needs to stop. The problem isn't the fact that it's a hand reg. You could apply this logic to any domain purchase: "Why am I the only one in the world willing to spend $XXX on this domain?" Invariably, the answer is the same with hand reg names as it is with any other purchase: "Because I believe I can make money from it."

The real issue is alluded to in your last sentence: new domainers need to learn why they are buying a domain, and how they are going to make money from it.

Let's stop dissuading people from hand registering names across the board, and instead start helping them understand the process of choosing a good name.

Such as? Please list these "how to choose" steps as clearly and compactly as dordomai's advice. What is not true about anything dordomai wrote below? Handreg nowadays is still valid for developing a domain or for a multi-year long term hold to resell but otherwise it's a long shot for a quick flip.

Your sentiment is nice but dordomai's statements are quite true, especially when addressed to a newbie:

dordomai said: ↑
"Another thing: What is available to handregister is usually not worth anything. That is why it is available!

You have to ask yourself why you are the only person in the person in the world having the idea to register this one.

If you can not come up with a good reason you are probably wasting your money."

 

[Joe N]

What is not true about anything dordomai wrote below?

This part is not true:

You have to ask yourself why you are the only person in the person in the world having the idea to register this one.

The other two points were fine, but it was wrong to single out hand registered names. Those points could be applied to any available name, hand registered or not.

 

[bobbarato]

"You have to ask yourself why you are the only person in the person in the world having the idea to register this one."

How can this statement apply to anything but a handreg? A dropping domain is still regged by someone. Still waiting to see your guidelines on choosing a good domain...

 

[Joe N]

Each domain is a unique commodity. Therefore in any domain transaction, the buyer is technically the "only person in the world" willing to pay the purchase price for the domain in question. So for any domain purchase, you could ask yourself, "why am I the only one willing to pay $XX for this name?"

I believe the reasoning is faulty. A hand reg isn't without value just because it's a hand reg. It's only without value if you have no way to make money from the purchase.

I don't like the tendency to scare newbies away from hand regging names. Much better to understand when/why/how it can be beneficial, and how you can lose money doing it improperly.

 

[bobbarato]

but it was wrong to single out hand registered names

Do you own a domain name registrar?

 

[bobbarato]

Each domain is a unique commodity. Therefore in any domain transaction, the buyer is technically the "only person in the world" willing to pay the purchase price for the domain in question. So for any domain purchase, you could ask yourself, "why am I the only one willing to pay $XX for this name?"

I believe the reasoning is faulty. A hand reg isn't without value just because it's a hand reg. It's only without value if you have no way to make money from the purchase.

I don't like the tendency to scare newbies away from hand regging names. Much better to understand when/why/how it can be beneficial, and how you can lose money doing it improperly.

Still waiting to see your guidelines on how to choose good domain names.

Why did you quote this? "why am I the only one willing to pay $XX for this name?" You're restating what dordomai originally wrote and you said it needs to stop.

Being the top buyer (or bidder) is different than being the only buyer. <cough> auction <cough>

Hand regging to flip is the #1 newbie mistake.


Still waiting to see your guidelines on how to choose good domain names.

 

[WhoaDomain.com]

金沙.com $45,000. sold just 3 months ago, and there are a more but few and far between.

And I personally sold more than $20,000 of .中国 but more than 3 years ago.

Hold up! Hold up! Say what what???? Lol ummm just stumbled in here out of curiousity. So Chinese idn.voms are selling? I bought some awhile back. And then feeling really stupid.

Got suckered by one of those interviews over at domainsherpa with Simon Cousins from allegravita. I reg a couple of single character Chinese idn.com and .china and others

I have stuff like

Mandarin.com
Vehicle.com
888999.com
999888.com

Where where everything to the right of the dot is in chinese characters . Are you saying it's time to unload?

Shoot!! God knows I need me some $45g's

 

[bobbarato]

Perfect timing Avtar629

 

[dordomai]

I believe the reasoning is faulty. A hand reg isn't without value just because it's a hand reg. It's only without value if you have no way to make money from the purchase.

IMO making money from handregs is harder than buying dropping or expiring domains. There are still domains dropping that you can get for regfee.

 

[WhoaDomain.com]

Perfect timing Avtar629

Really? Why do you think that?

When I was registering .coms with Chinese number idns I thought if Chinese are fond of numbers then why wouldn't they appreciate numbers in their own language??

It's basic marketing to use what is familiar to your target market. In this case China. Where the people read and speak what? English? French? Spanish?

No! Chinese! And that means Chinese idn.

I've heard from actual Chinese domain brokers telling me that Chinese idns are crap so where are these Chinese idn sales coming from? Or happening ?at the auctions perhaps the yearly one in Beijing or Macau?

And perhaps only super hot keywords like bitcoin or jobs. Or business?

Can someone give the best 411 on what's going on with this?

I think I even have yacht and private jet in idn and .com in my account over at Gandi.net

And real estate and property.

With both .com and .chinese website and .online

The left of the dot in chinese on the last two.

 

[Joe N]

Why did you quote this? "why am I the only one willing to pay $XX for this name?" You're restating what dordomai originally wrote and you said it needs to stop.

No I'm not. You'll have to go back and re-read the whole exchange.

Being the top buyer (or bidder) is different than being the only buyer. <cough> auction <cough>

How so? Does buying a domain at auction mean that you'll definitely be able to make money from it?

Hand regging to flip is the #1 newbie mistake.

I think being uninformed before buying is the #1 mistake.

Still waiting to see your guidelines on how to choose good domain names.

I don't have guidelines. Just opinions. I share them when I genuinely think they'll help someone who is seeking help. You can review my post history if you're interested in seeing them. Or read my blog post about my first-hand account of my newbie mistakes from several months ago. I'm not going to list off my opinions here just because you want to get into a pissing match.

 

[dordomai]

IMO one can make money with handregging when you are experienced and disciplined.

It's not a good strategy if you are just getting started. Looking back I regret most of my handregs. There is not one single one that was really great. Mostly worthless crap. Also very costly.

Frank Schilling said some years back that he didn't handregister a single domain in many years.

 

[Joe N]

Oh, I totally agree with you. I just didn't like the blanket statement because it's misleading for beginners and it diverts their attention from the real issue:

You should know what you're doing before you buy any domain.

Hand registering domains is not a mistake in itself. Doing it without knowing how to do it properly is the mistake.

I've seen many others on here say, "No one else has registered it, so it must be worthless," in reference to hand reg names. I just wanted to comment that, at best, that is incomplete advice.

 

[JayT]

When I was registering .coms with Chinese number idns I thought if Chinese are fond of numbers then why wouldn't they appreciate numbers in their own language??

Can someone give the best 411 on what's going on with this?

Chinese understand Arabic numbers as much as you or I (see their license plates). I don't think Chinese scripted numbers will ever be popular, especially in .com

IDN.COM has been around for a long time (10 years as a guess)! It never took off. I don't think it ever will. IDN.COM is ugly and cumbersome

I do think IDN.IDN will become popular though! There are a lot of indications leading to that already too. ntldstats.com shows .网址 is #11, and over 99% of those are registered to Chinese. The reg fee on these Mandarin extensions is quite expensive compared to the extensions above it too. .中国 is not even displayed on ntldstats!

These .IDN that are popular are ones owned by Chinese register. You could take even more risk and bet on some of the lesser used ones (owned by US based company), like the .mobile and .agency types, I have about 15 good ones in these small extensions, with a few thousand or less regs, they are very easy to get premium terms.

I look at https://www.101domain.com/chinese-simplified_idn_domains.htm to see all the Chinese extensions. You will notice, at the bottom, many big company have their .IDN too!

IDN.COM = WASTING MONEY / IDN.IDN = OPPORTUNITY

 

[WhoaDomain.com]

Chinese understand Arabic numbers as much as you or I (see their license plates). I don't think Chinese scripted numbers will ever be popular, especially in .com

IDN.COM has been around for a long time (10 years as a guess)! It never took off. I don't think it ever will. IDN.COM is ugly and cumbersome

I do think IDN.IDN will become popular though! There are a lot of indications leading to that already too. ntldstats.com shows .网址 is #11, and over 99% of those are registered to Chinese. The reg fee on these Mandarin extensions is quite expensive compared to the extensions above it too. .中国 is not even displayed on ntldstats!

These .IDN that are popular are ones owned by Chinese register. You could take even more risk and bet on some of the lesser used ones (owned by US based company), like the .mobile and .agency types, I have about 15 good ones in these small extensions, with a few thousand or less regs, they are very easy to get premium terms.

I look at https://www.101domain.com/chinese-simplified_idn_domains.htm to see all the Chinese extensions. You will notice, at the bottom, many big company have their .IDN too!

IDN.COM = WASTING MONEY / IDN.IDN = OPPORTUNITY

No worries when I registered idn.coms I did the smart thing and registered in .cn and .com and .china and .chinese website and .chinese online

The one I have high hopes for are the single Chinese character domains.

But also I have Chinese character idn.coms for Geo's like

Palo Alto and Arcadia and also California in one of the chinese extensions not .com

Seems as though on Juwai.com it says that Palo Alto was the third USA city that Chinese real estate investors buy property the most. Because of its close proximity to Silicon Valley.

Arcadia and Vancouver too.

New York City and San Francisco were in the top two spots.

Just seemed like a good bet.

Thanks for the info.

As for what you said about idn.com

How do you explain the idn.com historical sale of $45k mentioned in this there? Not being sarcastic. I really want to know for my own purposes. Was that a fluke?

Maybe I should add to this thread.

What other big sales of idn.com are there? Please mention here to help this thread be more productive .thanks.

 

[dordomai]

I do think IDN.IDN will become popular though! There are a lot of indications leading to that already too. ntldstats.com shows .网址 is #11, and over 99% of those are registered to Chinese.

These are not real regs BTW. They did something similar to .xyz and gave their customers domains without asking them

That's why I said handregs are bad. They are simply too easy and too addictive and domainers get to register domains without doing basic research first. Now how many domainers handregged..网址 domains thinking they were buying into a popular extension?

Four Million Domains Registered In New gTLDs In Under 12 Months
网址 (website) gTLD which rocketed into second place on the chart for most registrations and now has passed 354,400 domains under management (DUM). However 354,414 of these domains to date are registered through one registrar - Internet Domain Name System Beijing Engineering Research Center LLC (ZDNS) and the remaining four to the registry operator. So it's not likely the public has been registering these domains....

"The company has simply grandfathered its keyword customers into .网址

http://news.domfinder.com/pages/41666878-four-million-domains-registered-in-new-gtlds-in-under-12

 

[JayT]

No worries when I registered idn.coms I did the smart thing and registered in .cn and .com and .china and .chinese website and .chinese online

The one I have high hopes for are the single Chinese character domains.

But also I have Chinese character idn.coms for Geo's like

Palo Alto and Arcadia and also California in one of the chinese extensions not .com

Seems as though on Juwai.com it says that Palo Alto was the third USA city that Chinese real estate investors buy property the most. Because of its close proximity to Silicon Valley.

Arcadia and Vancouver too.

New York City and San Francisco were in the top two spots.

Just seemed like a good bet.

Thanks for the info.

As for what you said about idn.com

How do you explain the idn.com historical sale of $45k mentioned in this there? Not being sarcastic. I really want to know for my own purposes. Was that a fluke?

Maybe I should add to this thread.

What other big sales of idn.com are there? Please mention here to help this thread be more productive .thanks.

I register mostly 1 character too. I get commonly used ones. Ones that don't have multiple meanings: 元 (money) 龙 (dragon) 梦 (dream) etc. Sometimes I will put 2 characters together if it's a strong and exacting term...

The 45k one was a fluke it its for sands casino, I think it was trademarked to begin with.

金 (gold) is one of the best characters you can use. It is extremely common, and does prefix a lot of phrases in Chinese.

 

[JayT]

These are not real regs BTW. They did something similar to .xyz and gave their customers domains without asking them

That's why I said handregs are bad. They are simply too easy and too addictive and domainers get to register domains without doing basic research first. Now how many domainers handregged..网址 domains thinking they were buying into a popular extension?




http://news.domfinder.com/pages/41666878-four-million-domains-registered-in-new-gtlds-in-under-12

I don't have any in that extension, but I bet they did give some away! I still feel IDN.IDN is most powerful to promote though media in China. Time will tell though.

 

[WhoaDomain.com]

These are not real regs BTW. They did something similar to .xyz and gave their customers domains without asking them

That's why I said handregs are bad. They are simply too easy and too addictive and domainers get to register domains without doing basic research first. Now how many domainers handregged..网址 domains thinking they were buying into a popular extension?




http://news.domfinder.com/pages/41666878-four-million-domains-registered-in-new-gtlds-in-under-12

Thanks for that info but what about those extensions that translates to ......

Dot Chinese website
And
Dot Chinese Online

Do these still have value or none?

Has this new Chinese .website beaten them both ?

And what about .china in .idn?

I see 4.cn has at least 1 bid for pretty much every listed idn domain in all the choice extensions.

Does this indicate that finally these domains can be unloaded or maybe those bids were simply lowball bottomfeeder offers?

 

[JayT]

There is some risk to invest on it. It is not 100% they will drive the value up of IDN.IDN real high. It doesn't hurt to get a few of the best names you can and wait, the risk to reward is very good, I think. I get the pinyin.cn too. I don't go crazy on Chinese domains, but diversify where I am conferable waiting possibly 5 years for things to develop. The real key is get the best word possible to match extension and be patient.

Don't get so much that can't afford at renewal then have to drop domains...that's a good sign that you are failing. Come up with a plan and stick to it, leave yourself enough room to switch gears down the road if need be.

 

[dordomai]

Thanks for that info but what about those extensions that translates to ......

Dot Chinese website
And
Dot Chinese Online

Do these still have value or none?

Has this new Chinese .website beaten them both ?

And what about .china in .idn?

I see 4.cn has at least 1 bid for pretty much every listed idn domain in all the choice extensions.

Does this indicate that finally these domains can be unloaded or maybe those bids were simply lowball bottomfeeder offers?

why not check trends on namebio? If there are sales they will show up... If there are no sales-- it's not selling

Does this indicate that finally these domains can be unloaded or maybe those bids were simply lowball bottomfeeder offers?

Use some common sense: If you have names like real estate and the extension is hot. don't you think you would get a lot of spam and offers`?

Do you get inquiries?