NameSilo

Why 2020 is going to be huge for Domains

Labeled as discuss in General Domain Discussion, started by Woke Monkey, May 16, 2020

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  1. Woke Monkey

    Woke Monkey Established Member

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    This graph will go down in history.

    We're on the precipice of a financial revolution

    FF41643B-8DD7-47B1-AD7E-66AF510235E7.jpeg
     
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  2. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO VIP Gold Account

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    Exactly. It is happening.

    The whole world is going Digital.

    Great chart.
     
  3. Jurgen Wolf

    Jurgen Wolf Top Contributor VIP ★★★★★★★★★★

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    Never had so many lowball inquiries like this year.
    A few times increase.

    Regarding serious buyers - I don't see any positive changes in 2020.
     
  4. Samer

    Samer Top Contributor VIP Blue Account

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  5. Domain Monk

    Domain Monk Mindful Domaining VIP Gold Account

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    By far 2020 for me Feb to may has been hmm "no comments" ,let's hope for good.
     
    Last edited: May 17, 2020
  6. Woke Monkey

    Woke Monkey Established Member

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    These figures are the tip of the iceberg.

    A good friend of mine who is the Manager of well known Superstore chain told me that last week, online grocery shopping Doubled.

    They can’t expand fast enough to meet the demand.
     
    Last edited: May 18, 2020
  7. TheBaldOne

    TheBaldOne Top Contributor VIP ★★★★★★★★★★

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    I agree, the present situation has developed an almost sudden realisation of the actual digital commercial world. This is not just with traditional retailers though, many of whom have of course used the internet to keep selling in these periods of lockdowns, but also to wide areas of the personal service industries as well, included here are areas such as education, fitness, medicine, etc., in fact the list is almost endless. Indeed it might well be postulated with some assurance that it will be these fields that will see the biggest change and most profound long lasting change of digital uptake.

    I would also predict a large uptick in Chinese domainer investment as their economy is affected and the Chinese entrepreneurs look again at domains as an investment opportunity.
     
  8. Jimmysun

    Jimmysun Established Member

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  9. Zenger

    Zenger New Member

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    For sure! I myself started to order more online for sure
     
  10. ecalc

    ecalc Top Contributor VIP ★★★★★★★★★★

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    I’ll stick my neck out and predict that full year 2020 reported aftermarket sales (USD) will lag the trailing 5-year average. YTD reported sales are underwhelming and the global economy is in shambles. I’ll eat my red hat at year end if 2020 reported sales top $128M.

    time periodreported sales
    2018$110M
    2019$150M
    2020 ytd$44M
    trailing 5 yrs$642M ($128M/yr)
    data source: namebio
     
  11. Jimmysun

    Jimmysun Established Member

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    I predict something big will happen next year, something revolutional.
     
  12. Mytz.com

    Mytz.com Upgraded Member Gold Account

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    What be planted is real economy, what do domain name investment have no effect
     
  13. Woke Monkey

    Woke Monkey Established Member

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    It may not necessarily be the biggest year for sales, but there’s a significant shift to e-commerce happening right now from which Domain names will benefit.
     
  14. ecalc

    ecalc Top Contributor VIP ★★★★★★★★★★

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    Agreed -- an ecommerce spike is good for the domain business -- but not ‘huge’ for the aftermarket. An inflection point is ‘huge’. The last one was the Y2K bubble pop when good names rained down on scavengers and the next one will be the end of DNS. In between we have a mature market with opportunity here and there, like a used car lot the size of Delaware.
     
  15. NickB

    NickB Aka MrAcidic VIP Gold Account

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    Found this an interesting read - we will see if it continues once things quieten down.....probably not at the same pace

    How Coronavirus lockdown made a 'Zoom boom' generation
    https://www.bbc.co.uk/news/technology-52772428

    "Microsoft's Satya Nadella says digital transformation has advanced two years in two months"
     
    Last edited: May 25, 2020 at 6:53 PM
  16. HotKey

    HotKey Made in Canada VIP

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    It's only natural given the circumstances. We seek the safety haven of Le Grande E from the comfort of our homes.

    What of after we are unleashed to prowl out n' about again? Don't be surprised to see the same spikes and dips that we see in Bitcoin when it comes to consumerism. People are drawn to the sun, and social animals. We need real touch, real connections. Face to face, not Facetime.

    Given the over-population issue though, on a limited terrestrial sphere, tis' true that e-commerce, whether it be through our current method of Internet or some futuristic method that is yet implemented, is here to stay in some form or other. Generally, leaving your home sucks nowadays. Whether it be a pandemic, traffic or construction or self-absorbed coffee-drinking Gen-Whatev's, there are hindrances all over the place impeding our destination.

    Communications infrastructure are the new dependency.
     
    Last edited: May 25, 2020 at 7:10 PM

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