- Impact
- 4,523
There are only 456,976 4L combinations... How many new "domainers" do you think entered the industry in 2015?... The answer is way way way more than ever before.
Get ready for a serious price hike in 2016. Especially on the western premium letters. ( people are forgetting that they have value as well)
I would expect that by June/July 2016 you'll see a floor price of $1,000 for any LLLL.com.
There's currently a temporary charade on all of these new gTLD's, but it will not last for long... There's a bunch of sales techniques and marketing strategies going into the promotion of these new gTLD's from some of the big names in this industry... Unfortunately the average domain investor/newbie will get dragged into the big charade and will ultimately lose a lot of money.
There will also be the odd startup company that tries their luck with one of the new extensions.... Startups like EatClub.com quickly realized that the .com was absolutely crucial and the .club gTLD would simply not work. Why do you think larger company's like LendingClub.com don't owner Lending.Club?.. It's simply a waste of money.....
.XYZ registry owns XYZ.com... I wonder why? ... .oh yea, com is king.
Don't be fooled. These registries are making an absurd amount of money on all these registrations and renewals, and I don't blame them for reporting the odd sale for large amounts of money and heavily promoting these gTLD's at events like Namescon. It's normal. It's an absolute gold mine for them!
Anyone who's new to the industry and feels the urge to get sucked into this money making charade, feel free to shoot me a PM or talk with other members on the forum. There are plenty of people here who are constantly helping the newer crowd... (I'm not getting paid to promote gTLD's, so I'll tell you the truth)
There are those that will disagree, but the future remains in the .com extension. Invest in short generic names and ideally keep your portfolio below 100 domains. Focus on quality rather than quantity.
With the Chinese entry in its infancy, you'll start to see a huge rise in demand for the short .com domains.
Happy Monday,
Axorees
Get ready for a serious price hike in 2016. Especially on the western premium letters. ( people are forgetting that they have value as well)
I would expect that by June/July 2016 you'll see a floor price of $1,000 for any LLLL.com.
There's currently a temporary charade on all of these new gTLD's, but it will not last for long... There's a bunch of sales techniques and marketing strategies going into the promotion of these new gTLD's from some of the big names in this industry... Unfortunately the average domain investor/newbie will get dragged into the big charade and will ultimately lose a lot of money.
There will also be the odd startup company that tries their luck with one of the new extensions.... Startups like EatClub.com quickly realized that the .com was absolutely crucial and the .club gTLD would simply not work. Why do you think larger company's like LendingClub.com don't owner Lending.Club?.. It's simply a waste of money.....
.XYZ registry owns XYZ.com... I wonder why? ... .oh yea, com is king.
Don't be fooled. These registries are making an absurd amount of money on all these registrations and renewals, and I don't blame them for reporting the odd sale for large amounts of money and heavily promoting these gTLD's at events like Namescon. It's normal. It's an absolute gold mine for them!
Anyone who's new to the industry and feels the urge to get sucked into this money making charade, feel free to shoot me a PM or talk with other members on the forum. There are plenty of people here who are constantly helping the newer crowd... (I'm not getting paid to promote gTLD's, so I'll tell you the truth)
There are those that will disagree, but the future remains in the .com extension. Invest in short generic names and ideally keep your portfolio below 100 domains. Focus on quality rather than quantity.
With the Chinese entry in its infancy, you'll start to see a huge rise in demand for the short .com domains.
Happy Monday,
Axorees