The domain name extension .Party has been losing thousands of domain name registrations a day over the last few weeks.
The new gTLD domain extension .party launched in February 2015.
However in May 2015, after just 5,600 domain names had been registered, Alpnames.com offered free .party domain name registrations, then offered deeply discounted .$49 registrations, taking the domain name extension close to 250,000 registrations.
However those free and deeply discounted registrations have been coming up for their first renewals, and the number of .party domain names have dropped from close to 250,000 to just over 107,000.
The extension lost almost another 5,000 domain registrations yesterday. Last week I saw some daily registration net losses in the five figures.
Here is the chart of .party from RegistrarStats.com:
In similar fashion, but with a less drastic loss, .Science which passed it’s first anniversary since launch, which also offered free domain names and then deeply discounted domain names, lost over 100,000 domain registrations in the past weeks.
Again according to RegistrarStats.com, .science which had almost 350,000 domain name registrations at its peak now has 232K registrations, however its daily loss has slowed to just 232 yesterday.
Both .party and .science are owned and operated by Famous Four Media.
Schocking! NOT
I thought this article was about the Republican party.
Oh Mike, please tell us again about the great success that the new gTLDs will be. Yes, tell us how the domain moguls are providing a needed product for the world’s businesses and consumers. Tell us how well that is being received. Please tell us, once again, how you know what is best for the world. Thank you for your years of wisdom, Mikey.
ManPiss Shelley,
I am usually a fan of sarcasm but yours is overcooked, melodramatic, and devoid of cleverness. Mike has always been clear about his interests in the gTLDs and he has always been careful to keep his posts measured and balanced on the topic. Moreover, from the beginning he criticized several issues about them (e.g., too many extensions, duplicative ones, etc.). Alternative points of view are beneficial but maybe have someone more clever ghostwrite yours. “Bye Felicia”.
The renewal rate for freebie and discounted domain names, even in the new gTLDs, is in the region of 5%. Those registries using freebies as a means to grow the extension run the risk of locking their gTLDs into a boom and bust cycle that has to keep offering freebies and discounted registrations to keep the new registrations ahead of the deletions. Some of the renewal charts by hoster are don’t bode well for a few new gTLDs.
Memphis Shelley
Maybe you should have bought shares of Rightside, which hit an all time high today, instead of being a wise ass.
Mr. Berkins makes a great point. There is no doubt there is money to be made at the registry level. I think the real debate is if there is money to be made at the domain level. .com’s continue to rise in value b/c they are the gold standard and b/c of scarcity. No gTLD can ever come close to having the dominance .com has had.
See my posts. I called it already. The answer is: only a bit, along with some end user publishing success here and there.
How will the following do:
.xyz
.porn
.company
I don’t think they will do very well on renewals. We shall see..
Memphis Shelley AKA “WISE ASS”
Maybe you should have bought shares of Rightside, which hit an all time high today, instead of being a wise ass.
LOL get em Mike
And I’m sure trump university was profitable for the donald…doesn’t make it any less of a scam.
I think this article from yesterday says it well:
“Who Really Cares About New gTLDs?”
circleid . com/posts/20160629_who_really_cares_about_new_gtlds/
And on that note, it’s just like I called it already as a “failed experiment”:
domaininvesting . com/sunday-thoughts-updates-anniversary-edition/#comment-742654
But it’s no surprise if some of the registries and their share price do okay, as I suggested some will, and more power to them.
.VOTING can be added to the list of big drop in renewals
No way, that even exists!? LOL. Unreal…
Sitting on 900 registrations and still around.
But seeing as it dropped from 12,000 not looking good
That one definitely falls into the “what were people thinking” category fo me re spending the time and $185k-plus of money involved to even bring it about.
The .party is not over as there was no party to begin with.
There would be a party IF they were making money.
Between the $0.25 ICANN fee and the backend provider fee they were actually loosing money just like .xyz does.
That does bring up the rather uncomfortable issue of registrars self-dealing. Some of the registries have registrations directly or via a closely associated company in their gTLDs. While these registrations tend to be sticky in terms of renewals, they do serve to keep the registration volume up. It is debatable as to whether this is a vote of confidence in their gTLDs or hoping against hope.
The renewal rates in some new gTLDs have been relatively good. However those with discounting and freebie offers have followed the industry norm. The real crunch time for new TLDs often occurs on the second anniversary when the registrant has to make their Hold ’em or Fold ’em decision. There are some new gTLDs that appear to be developing zombie TLD characteristics.
Precisely my point. Mr. Beckins is making a great deal of money by selling snake oil to both businesses and consumers. The product that Mr. Beckins sells has no value. Yes, he feins opposition to implementation details, but he has been one of the biggest proponents of this trash–all for his own profit.
You have no point you are a troll. New Tulsa are not going away no matter who likes it and Berkens can register whatever he likes. He doesn’t do outbound sales so people come to him.
What have you done in domaining ?
Crickets
WTF are you talking about? MB doesn’t have anything to do with the registries selling this gTLD crap – he simply reports it…you dipsh*t.
An interesting poll would be which of the following GTLD extensions will exist by the Year 2020:
.app
.store
.club
.cloud
.xyz
.bank
a) .only .app
b) at least 3
c) at least 4
d) only one
e) all of the above
f) none of the above
g) all gtld extensions, except for brands and .app, will no longer exist by 2020
.
Even I wouldn’t say that, and I’ve already called the current implementation a failed experiment…
So this post was about the .party gTLD extension which by the way lost another 7K registrations yesterday and is now down to under 100K
Now Feel free to show me a post where i told anyone to buy a .party domain
I don’t think I ever registered a .party domain, not even one for free.
Steve
.Bank is doing very well, remember its a very expensive extension and only opened to financial institutions
facepalm
again this post is about a domain extension .party not about the election, I leave the election crap for twitter and FB.
However if you want to talk politics and want to bring up Trump U then lets bring up Bill Clinton’s $16.5 Million haul as the honorary chancellor of Laureate Education which got over $55 million back from Hillary’s state department.
http://www.breitbart.com/2016-presidential-race/2016/06/02/hillary-university-bill-clinton-bagged-16-46-million-from-for-profit-college-as-state-dept-funneled-55-million-back/
http://www.breitbart.com/2016-presidential-race/2016/06/02/hillary-university-bill-clinton-bagged-16-46-million-from-for-profit-college-as-state-dept-funneled-55-million-back/
Omg, that’s about as blatant of an example of self-dealing as I’ve ever seen. Absolutely inexcusable.
Are you serious trying to tell me that Michael Berkins doesn’t sell this crap?
Have you noticed Mike provides an open forum on this blog where many of us openly post hatemail about the new gTLDs? Oppositional opinions are not censored, including your low-grade retard takes on the issue.
Really? Why is is that you think this is a safe space in which to insult the mentally disabled. “i.e. retards”?
How politically incorrect of you to make such an association — the mentally disabled prefer the term “Special Needs”.
Trying to hard to compensate for your own inadequacies there Shelley.
Some stand up for the winners. Some stand up for the losers. Some have no clue what they stand for other than to ruin it for the winners and ridicule the losers, they are vandals. Any society improves when it rids itself of it’s vandals first.
Enjoy a Fine 4th of JULY.
How exactly does a society “rid itself of its vandals?”
Someone crashed the VIP party saying everyone lost money. Not true. The domains
appreciated this month.
My brother Bobby is psychologically hooked on Ferrari’s and Maserati’s, spends 21 hours a day staring in the mirror on FerrariChat. Since 2010, he has 18,000 posts on FerrariChat. It’s Excessive. You know what that’s about, appalling depreciation. In July of 2013, he caved one hot summer Saturday, went to Maserati of Washington in Sterling, VA and paid $140,000 for a new 2013 Granturismo. You know what that car is worth today, nothing. He got bored and sold it 6 months later for $80,000. The depreciation is APPALLING. He should have just bought a used Vette for 15 grand and ragged the hell out of it.
Many make the mistake of ordering a new Ferrari for $400,000 in Yellow.
Nothing wrong with yellow, but they order it with the red interior. THEN!!! They pay $3000 extra for yellow seat belts and upgraded yellow contrast stitching over red leather. Then they paid another $5000 extra for the RED brake calipers on the YELLOW car. Upon Delivery, they realize they paid half a million for the Ronald McDonald mobile.
Many people who invested in .Party domains will do better.
The Masuer is a loser. No racing heritage, no scarcity, no resale. Aside from during major market crashes the F-car is a winner. If you can get an early copy of a new model (like the 488
today) you can drive it for a year or two and “flip” it for 10 to 20K over what you paid.
I bought a 360 five years after they were out. I paid $180K which is basically what the car sold for new – this at five years old. That was during the dot com boom and free money for all. After the 2008 market and real estate crash it went to $90K and never recovered. Any financial market disruption and F-cars plummet. When I bought, you could not get in line to buy a new one unless you had bought a used one from that dealer. Taking delivery of a new one during boom times meant driving for free for years and selling at a profit. My seller offered me an interest only loan with a balloon payment at the end for the entire purchase price of the car. The lender fully expected the car to be worth the same after I used it for three years.
Michael,
I like the .bank extension.
I also like .club, .app, .store, .shop, .cloud, .insurance.
I’m sure I’ve missed a few others.
I read that over 50% of the GTLD extensions are owned by persons in China. if over 75% of these purchases were speculative, in conjunction with regulations about to be enforced in China, things don’t bode well for these millions of registrations (I would short .win, .wang, .xyz, ,,,,(
Happy 4th of July to all my fellow Americans on this blog.
.country
Can be added.
From around 9,000 it dropped to mid 2,000s