dave321
Established Member
- Impact
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Just interested in people's perspective on this. I realize it's a broad question.
More TLDs means more supply. More supply result in value dilution resulting in market collapse.
- The value of domains will continue to rise, .coms, .cos etc, as more and more individuals will come online to make money online.
- More businesses will see the value of domains, so this will also push the demand of domains higher
- There will be more domainers in the industry, as that is increasing every year.
- Possibly more TLDs will emerge.
- .Namepros might be one such new TLD in 5 years
China is becoming the most powerful country in the long term. Because people buy Chinese products. Success of Chinese products with weak or no branding, even without websites and domains names is a good proof how my points are valid in the real life.
Once China becomes most powerful country, they can potentially change many things on the internet, including domain names, ICAAN, domain names, trade marks, etc. So after 5 years domain names will likely less valuable IMO. Also new developments can potentially remove the technical need for domain names. Websites could be browsed without domain names by non-technical people with search engines or compatible browsers/devices. In short, I am pessimist for the future of domain names.
Their will be a transition from IPV4 to IPV6, meaning VPN by default, which is necessary for IOT infrastructure to strive.
Want to change the world? Register a sweet domain.
Domains are the original digital store of value.
Startups don’t need capital or experience, they just need sweet domains. I’m setting up a fund that focuses on a domain first strategy. And don’t tell me they don’t matter because of apps... don’t believe the hype!
All we prefer mybrandeddomain dot com instead of something that we don't own. The question is how much we want this, how much we are willing to pay for this. You will determine price of your brand based on the extra profit generated purely by your brand. I say, brand is not a great profit generator. This also explains the reason of why most domains are sold for less than $1k and most of them are dropped. You can build a powerful new brand on anybrandeddomain dot com. So, the domain or brand which will be choosen is not really important. As you say, only promotion efforts or promotion budget matters. But even if you build a powerful brand it may not repay your investment. In the end, buyers pay for products. Powerful brand can't help a poor quality product. Brand is overvalued, especially in domainers World.
They are on top of it already, called "branded" extensions. Though, the professional sports area hasn't been tapped into yet, and I think you might be on to something. Especially we're looking at 3 character extensions there, which always seem favorable.What I am waiting for is the corporate adoption of extensions. That might be a way to move away from .com to a degree. For example, a ".NFL" extension owned by the nfl would create a standardized structure for each team, where they could build their brand in a thousand different ways, so players could have their own page manning.colts.nfl or whatever. They would not have to worry about someone beating them to the dot com for a new player, etc. It would be a private extension, open only to teams, players, maybe some media, etc. .NFL, .NBA, .MLB, etc., could change perception a lot.
Something to watch out for. Only the strong names will survive, in terms of investing. And if registry's keep trying to be domainers, they will end up shutting out a large part of their business base.More TLDs means more supply. More supply result in value dilution resulting in market collapse.
This is an argument you should have with a branding expert. All I can say is when I want to go Amazon to order something or to eBay, Uber, Walmart, etc., I don't use Google. But that is just me.
People sort products based on price, specs and #of comments on online shopping websites. Only brand-loyal buyers search based on a particular brand. But most of those people don't make a decision on merely brand.
Amazon, uber, ebay, walmart, etc are functioning like search engines. When you don't use google, you use just another search engine in a way without domain names and websites of the sellers. In fact each product page on those online shopping websites as well as personal pages on social media websites, even our profile pages and posts on forum websites like here at NP forums are functioning like individual websites without domain names of the owner.