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new domain extensions.

Discussion in 'Domain Names' started by NikolaVesic, Apr 9, 2014.

?

Can we profit big time of them or no?

  1. yes

    42.9%
  2. no

    57.1%
Multiple votes are allowed.
  1. #1
    What do you thing about new domain extensions (medicine, photography, ninja, solutions, ...) ?
    Can we profit big time of them or no?
     
    NikolaVesic, Apr 9, 2014 IP
  2. sweetpea69

    sweetpea69 Active Member

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    #2
    the problem with profiting "big", for any extension new and old, is that we are after the end user, and not just another domain investor. Unfortunately, the new gtld's just don't have that end user market yet, and it's to anyone's best guess whether or not they will ever. And any knowledgeable domain investor knows not to sink a small fortune in an extension, that does not have enough reported sales to substantiate that they can get a return on their investment (or they are incredibly forward thinking ;) ) There has been a lot of marketing for these new gtlds, but whether that translates into more exposure for "up and coming" end users, is again anyone's best guess. We could be seeing the rise of something big, with that said...

    The majority of top dollar sales have been from buyers (end users) with deep pockets and already have the knowledge of what they are getting themselves into with these extensions (feel free to fact check, cause i didnt lol). They are comfortable spending the premium price.

    I'm relatively new to the world of domaining and even websites, so a lot of what I learn is from those vets who have been doing it for 15 or so years. There was actually a funny post I read the other week, some domainer said he got an offer of 80k for one of this new domains. What came after that post, was a huge backlash from other investors saying that's complete bull shit, there's no possible way (of course the one who said it had nothing to back up his claim). So what does that tell us? That even the vets that hold a high # of these new extensions are not getting those big offers that they are looking for.

    Any honest (vet) domain investor, will tell you the majority of offers they have received are not grossly over the preregistration price they paid. And at a price that was frankly not worth the work that went into acquiring that domain. Couple that, with the fact that donuts has withheld quite a lot of the more premium domains with the extension, equals bad press for Donuts. Who's going to want to support them, if they are going to be so grimy (lol) with the new extensions (IMO), granted that's not really an isolated occurrence.

    I think the real test of whether these are here to stay...how many people actually end up renewing those domains. I use http://registrarstats.com/TLDDomainCounts.aspx which will show the count for each. Also a good "signifier" for the extensions that have a more bullish following. After all, less supply = more demand...hopefully ;)

    I actually wrote a bit more about why I think they are largely stupid lol...http://domainual.com/the-new-domain-extensions-stupid/ . it's a quick read ;) Damn... this was a long post hahaha
     
    sweetpea69, Apr 9, 2014 IP
  3. winnerdomains

    winnerdomains Active Member

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    #3
    The quick answer is no, there is no established market for them, it is that simple. They are cool to look at though. But, if you plan on selling there are a million of other places to invest your cash. You would be better off buying penny stocks or going to Vegas. :)
     
    winnerdomains, Apr 9, 2014 IP
  4. gigalicious

    gigalicious Greenhorn

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    #4
    Your question remind me the old essay that the only certain winner in a casino is the owner. In other words registry will make money (at least more than domainers, if we don't include their costs of course) but domainers/investors to new gTLDs is like investing to piece of land with the hope it has gold
     
    gigalicious, Apr 19, 2014 IP
  5. Ankit406090

    Ankit406090 Member

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    #5
    TLD Domains Registered so far in 2014

    .guru 12,394
    .bike 3,727
    .clothing 2,856
    .singles 2,071
    .ventures 1,669
    .plumbing 1,081
    .holdings 963
    .شبكة. (.xn--ngbc5azd) 814
    .equipment 137
    .lighting 137
    .estate 85
    .photography 73
    .graphics 68
    .camera 62
    .gallery 62

    .guru is fastest growing domain Extension. i guess in the end of April .Guru domain Extension will crossed 50,000.

    New gTLD's Rock's

    All The Best.. !!!
     
    Ankit406090, Apr 22, 2014 IP
  6. H0stZealot

    H0stZealot Active Member

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    #6
    This problem ahs 2 major parts:

    1) The pool of available and decent .com names depletes fast.

    Godaddy registered ans stocked most of 4,5,6-digit-long names for all extensions, except for obviously crappy things like ghdfk.com (for example). These names form a huge piece of their 40+ millions of served names and bring them no profit - though they make Godaddy the biggest Registrar worldwide, no doubt.
    You will have no issues registering things like mbwahahahaha.com, but short and decent names are rare now. Yet some awesome ones may still be available, good luck in finding these.

    Therefore, the pool should be increased to prevent domain industry collapse.
    .org, .info, .net and others serve merely for diversifying the pool of names, as abc.com and abc.net are 2 different and independent names. (there are some restrictions for certaing TLDs, of course)

    This leads us to another part of the question:
    2) Are new gTLDs able to compete with .com? Will they ever be able to? In the few next years - most likely not, but these are surely good to have as a back-up. Bud.beer sounds much more appealing to me than Bud.com - and may become much more popular (I actually browsed the site and LOL'd). It seems Budweiser is not paying enough atention to the matter)

    when .com were introduced back in 1990s, nobody could expect the state of events nowadays, when .com is the king of the industry. Domainers who registered a buncg of .com names back then re-sold them later for 10-20-100x times more money. Nowadays, the same people are considering new gTLDs, but they will surely not tell you their conclusions.

    As a result - the choice depends solely on your budget and estimated ROI rate. Are you able to invest into something that may bring profit in 10 years only? Do you have sufficient money and will not go bankrupt if this money are wasted? If so - register now and be among the future leaders of the industry!

    Do you need profit in a year? Or till the end of the year? Go for .com and compete with millions of others.
     
    H0stZealot, Apr 23, 2014 IP
  7. gigalicious

    gigalicious Greenhorn

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    #7
    The gospel of gTLDs is a new religion that churches aka registrars/registries start to become a good business. In the "old" days where you could took just a tiny part from verisign, registrars should have huge portfolios. After that "tasting" helped a lot until they stopped it. Now the new form of "tasting" is the integration of a huge load of gazillion suffixes.

    If there is no saturation to a registry will never be able to raise aftermarket prices. Who can invest in gTLDs when nobody knows what ICANN will decide in the near future. Will they allow a 2nd round of gTLDs with faster / cheaper approval process ?

    If so, saturation will be decrease as more contestants are in the play field.
    Bottom line, COM saturated after 20 years with just few TLD competitors.
    How long gTLDs will need with a thriving .guru which may hit hard from a future .master or a heavy advertised .dominator (i start to feel that .marvel is the biggest player here)
     
    gigalicious, Apr 23, 2014 IP
  8. H0stZealot

    H0stZealot Active Member

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    #8
    I fully agree with you. I tried to say this in a moderate way, yet it seems I have to be crystal clear.

    New gTLDs are toys for millionaires. Registering them now is a risky investment, most likely leading to failure. If a millionaire loses $5,000- he does not bother much. However, if this money will be lost by a start-up company - it will most likely go bankrupt.

    The conclusion is - stop chasing easy money. If you do not have a few million dollars on your banking account - concentrate on earning this money, not on investing into risky business.
     
    H0stZealot, Apr 24, 2014 IP
    hockeystick likes this.
  9. hockeystick

    hockeystick Well-Known Member

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    #9
    Did a Google search after reading an article passed on Linked In about these new gTLDs. Found this topic here. Haha. Mostly a scam. Hundreds of domains pumped and dumped. I keep getting preregistration emails from every registrar I have an account. Preregistration of new gTLDs is a trap for the unwary. H0stZealot is completely right about it being a risky business.
     
    hockeystick, Aug 11, 2014 IP
  10. wiredcom

    wiredcom Active Member

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    #10
    The only thing the new extensions are doing is making the .com's worth more.
     
    wiredcom, Aug 11, 2014 IP
  11. hockeystick

    hockeystick Well-Known Member

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    #11
    And they are making ICANN, a non profit corporation, a TON of freaking money. Hmmmmmmmm
     
    hockeystick, Aug 11, 2014 IP
  12. wiredcom

    wiredcom Active Member

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    #12
    I think people are buying thinking it will help SEO like cheap.domains for example but the search engines are treating the new extensions like red headed step children LOL.
     
    wiredcom, Aug 11, 2014 IP
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  13. hockeystick

    hockeystick Well-Known Member

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    #13
    More like naturally green haired step-children. Red hair is still natural. These domain names (including .co "spell-correct .com") reek of spam from the moment they are spawned. LOL.
     
    hockeystick, Aug 11, 2014 IP
  14. moonlitsaki

    moonlitsaki Member

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    #14
    In my experience a domain name alone doesn't profit just because it's an extension or another. It's true enough that the good old .com is and will always be my first choice, because... well do I really need to go there? But, in the end, it's whoever is behind a domain name who make the difference. With that said, to me all of these new domain extensions look just as another way to make the most common (and famous) extensions look even more appealing. I own a .pink domain and I all I did with it was to have it parked somewhere, with no use (and it didn't show any potential either). As I see it, this extension thing is just a temporary trend. People will soon get bored of it, and in the end, .com always wins! :p
     
    moonlitsaki, Aug 12, 2014 IP