discuss Why new gtld's exist?

[kite26]

My question is simple.Why all these new gtld's like .beer or .top?In other words why to say company.top when you have topcompany.com?Finally, i am the one who hates all these tld's?

 

[Beezy]

Interesting take on this never before discussed topic.

 

[brandnow]

Interesting take on this never before discussed topic.

I LOL'd

 

[RogueWriter]

Interesting take on this never before discussed topic.

Throw the new tld haters a bone, they haven't had a good thread to post their anti-new-tld diatribes in for, like, hours.

 

[kite26]

The main question is: Can really be new tld like .beer an equal substitution of it's relative premium .com?Otherwise, can be all these tld's a real threat to all .com domain names?

 

[RU]

What about top.company?)

 

[kite26]

What about top.company?)

Well, i don't ask about the value of this domain.It is simply an example.By the way, yes top.company is better

 

[brandnow]

or topcompany.tires

 

[kite26]

Although new tld's can be useful at future (personally i find best.beer so useful as bestbeer.com), i 'm thinking that it can be harmful for the domain industry itself & to us the domain investors.The value of a premium domain will be reduced.Premiums will not be premiums and more...

 

[Hypersot]

Although new tld's can be useful at future (personally i find best.beer so useful as bestbeer.com), i 'm thinking that it can be harmful for the domain industry itself & to us the domain investors.The value of a premium domain will be reduced.Premiums will not be premiums and more...

There will always be the 'better' domains and the 'worse' domains

 

[equity78]

You asked why ? ICANN will tell you that they have heard from people for years that they just couldn't get the name they wanted. And by that those people meant, I am pissed that I can't get a short, generic, one word .com that is worth xxx,xxx - x,xxx,xxx for $10. I mean I really have a great idea for Sex.com.

The lightbulb went off at ICANN and they said we can make a lot of money under the auspices of CHOICE. People want choice and we will give it to them. We will make no provisions so companies are not extorted, so give me your .sucks, your .fail and your .gripe. What do the young kids say ? LOL and WTF. Sure why not they shall have it. Parents.WTF should be a great website, a community where spoiled bastards can talk about how their parents only got them a BMW when they really wanted a Ferrari.

Even though we are using the buzzword Choice, we will not stop the registries from thwarting that choice, with restricted lists and ridiculous premium pricing.

So now you don't have choice in 700 extensions as opposed to the 1 people originally cared about.

Now maybe in private communications the reason for the new gtlds was that ICANN wants to buy their own island, because with application fees, last resort auctions, and registration fees, business is good.

 

[alcy]

yes, but isn't the bottom line that you (as in all of you) still do not know if a .xyz you own today may be worth 1million in 10 years.

no more than you knew 10 years ago hotels.com will be worth a lot today.

can someone deny this newbie logic? or better yet, not deny it.

 

[Grego85]

I foresee a day when having a .com at the end of your domain will be considered tacky, much like the old marquee and blink html tags of old. Its a no brainer when you can deliver the same message through a domain name and have it be 3 characters less and look much cleaner and less archaic! The only thing keeping .com and .net going strong is the fact that new tlds just aren't fully established yet. Much like when many designers of the past were somewhat reluctant to convert their nested tables over to css and div tags, I feel some domainers are reluctant to concede to the fact that the future changes every niche... Well were looking at this damn future right now!

 

[equity78]

I foresee a day when having a .com at the end of your domain will be considered tacky, much like the old marquee and blink html tags of old. Its a no brainer when you can deliver the same message through a domain name and have it be 3 characters less and look much cleaner and less archaic! The only thing keeping .com and .net going strong is the fact that new tlds just aren't fully established yet. Much like when many designers of the past were somewhat reluctant to convert their nested tables over to css and div tags, I feel some domainers are reluctant to concede to the fact that the future changes every niche... Well were looking at this damn future right now!

The problem with that analogy Grego not that there is not some truth to it, but design techniques are different. They are done in different ways, sometimes have a difference of quality or appearance depending on device, browser, etc...

A domain name works the same, Grego.com - Grego.xyz - Grego.Ninja. So now we have to look at the fact that businesses did not want new gtlds, and the public didn't know about them and still doesn't to a large degree.

Creative individuals will make some cool sites with new gtlds, I have no doubt, some start ups may even choose them. But value for a domain investor may not increase.

If there is no liquidity, then what are you doing ? No wholesale market to dump a few off and renew your best etc...

I am not anti new gtld, some make great sense intuitively, but most times when you find those names, they are restricted or premium priced, so I may think a name makes a lot of sense, it is intuitive, but for $3,000 a year or $6,000 that goes out the window. In all honesty how many can a domain investor own at $1,000 a year ?

When Donuts had the one letter names in the first few strings, people loved them, but I know some people who got them, no interest for a year and are not going to pay $260 to renew.

ICANN model different than the registry model, which differs from the registrar model, which all have a better model than the domain investor model.

 

[RogueWriter]

Personally I am waiting for the multi-word tlds to arrive. Can't wait for .topfootballwebsite to open up.

I am not anti new gtld, some make great sense intuitively, but most times when you find those names, they are restricted or premium priced, so I may think a name makes a lot of sense, it is intuitive, but for $3,000 a year or $6,000 that goes out the window. In all honesty how many can a domain investor own at $1,000 a year ?

I would imagine that over time some form of auction is going to pop up for a lot of these, or prices dropped, or the one off registrations like what happened with .tv. It might take a few years, but as more and more extensions go live, it will become a buyers market, not just a registrar's market.

 

[equity78]

Personally I am waiting for the multi-word tlds to arrive. Can't wait for .topfootballwebsite to open up.



I would imagine that over time some form of auction is going to pop up for a lot of these, or prices dropped, or the one off registrations like what happened with .tv. It might take a few years, but as more and more extensions go live, it will become a buyers market, not just a registrar's market.

Tom I believe many will drop prices too, but at what point. People don't like paying $250 a year for 5 years and then see someone else get names they dropped for only $25, you may lose that customer forever.

The notion that any tld should have been priced higher than com/net/org/co.uk/.de is where the nonsense started. Why are they more ? Because like some registries have said, to get back our initial investment. Well domain investors really don't care about that and they shouldn't care about it to pay 10 times a .com for an average extension where the great names are held back.

 

[JB Lions]

I foresee a day when having a .com at the end of your domain will be considered tacky, much like the old marquee and blink html tags of old. Its a no brainer when you can deliver the same message through a domain name and have it be 3 characters less and look much cleaner and less archaic! The only thing keeping .com and .net going strong is the fact that new tlds just aren't fully established yet. Much like when many designers of the past were somewhat reluctant to convert their nested tables over to css and div tags, I feel some domainers are reluctant to concede to the fact that the future changes every niche... Well were looking at this damn future right now!

.com is like sex, pizza, beer etc. It's not going anywhere, will always be dominant. To think that .com with almost 117 million regs, millions of sites is somehow going to take second place to any of these is delusional.

This is what real businesses know. This is why paying a little bit more now, makes financial sense long term.

 

[Grego85]

^ this is all total now now now vision... nice

 

[vivaldi]

.com is like sex, pizza, beer etc. It's not going anywhere, will always be dominant. To think that .com with almost 117 million regs, millions of sites is somehow going to take second place to any of these is delusional.

This is what real businesses know. This is why paying a little bit more now, makes financial sense long term.

So a study done by an unknown source at Q4 2014 limited to U.S. online shoppers should point out the future of new gTLD's or what?

 

[NameYourself]

Why? Here is the short answer. It makes ICANN money!

It makes ICANN money whether they succeed or fail, on the basis that..
It will make registries money, on the basis that..
It will make registrars money, on the basis that..
It will make registrants money, on the basis that..
Someone someday will buy it at a premium OR an end-user will pay the already premium renewal fees.

Either way, ICANN still makes money, a lot of it, and so will most registries.

What's next?

Once they've made the money from the initial intro you will see price wars and registry auctions.

 

[Kate]

...
no more than you knew 10 years ago hotels.com will be worth a lot today.

can someone deny this newbie logic? or better yet, not deny it.

Yes I can. To put it very shortly, there is little demand for new extensions. So they are not going to command high prices on the aftermarket. In fact there is virtually no aftermarket at all.
The new extensions are also supposed to alleviate the pressure on .com and established extensions. Most of the time, they will not be the first choice, but rather the fifth or the tenth, or the hundredth...

People will pay a premium for good names in established extensions, while alternate extensions are a more natural choice when they don't want to pay more than regfee.

The only thing keeping .com and .net going strong is the fact that new tlds just aren't fully established yet.

Unfortunately the new extensions are experiencing growth rates that are extremely low.
Two reasons: low demand, and the registrations are spread across a lot of new extensions.

In the meantime .com and ccTLDs are still growing at a brisk pace.

The gap is widening every day, new extensions are not picking up. Sure you can use a .whatever for your website, but today people will look at it like an oddity. Consumers are not familiar with new extensions, and there has to be critical mass for awareness to come. It's not really happening...

In my opinion, we already had too much choice before the new TLDs were even rolled out.

 

[DomainGist]

Finally, i am the one who hates all these tld's?

Nope. I also hate them, and think most will fail.

Can't believe I'm seeing people spend thousands on them, a pure gamble.

I wonder if these people know that new tld's have happened before and failed before.....

Ever heard of .museum? Been around since 2001, there are just 600 domains registered at a cost of $100 per year, and almost every single one simply forwards to a .com, lol. I expect the same to happen to some/many of these new tld's.

.ws and .mobi are all very old too....... the only example of a semi-successful new gtld has been .info? Many many more have simply failed?

.biz was launched to "provide relief" to the .com, didn't work out too well did it?

Honestly think that rather than spending $60 on mediocre.crap, people would be better off collecting 5 & 6 letter pronounceable .com's.

 

[DomainGist]

So a study done by an unknown source at Q4 2014 limited to U.S. online shoppers should point out the future of new gTLD's or what?

In order to predict the future you just need to look at the past, new gTLD's are not a new thing and history tells us that they often fail and seldom succeed.

 

[vivaldi]

In order to predict the future you just need to look at the past, new gTLD's are not a new thing and history tells us that they often fail and seldom succeed.

It's not that simple. The current scenario is new.

 

[DomainGist]

It's not that simple. The current scenario is new.

I'd be willing to bet every penny I own that the domain hotels.com will be worth at least 150 times the value of hotels.xyz in 10 years time.

Replace casino.com with casino.xyz, or loans.com with loans.xyz, or sex.com with sex.xyz if you wish.

Anybody wish to bet against that? Nope..... see, it is that simple.