I have gotten a lot of questions from readers on how .Co dropping domains are going to be handled.
.CO’s first year anniversary is coming up on July 19th (expiration date for 1st day registered .Co domains) and domain names will be coming up for their 1st renewals.
So I reached out to the .Co registry who gave me the run down for the process they will be implementing to handle .Co domains that are not renewed by their current owners, otherwise known as dropping .Co domain names.
.CO once again is going to be taking a whole new approach to handling of dropping domain names, by allowing Back-Order Reservations for Domain Names Before they Drop.
You can read the details below, but under this system there will only be one backorder allowed, so first come first served, with no auctions.
My understanding is that when a .CO domain name expires, the Restore Grace Period (RGP) kicks in from the date of expiration for a period of 20 days before the domain is dropped.
During the first 15 days of the RGP domain names are Restorable by the registrant.
As with .com domains there will be a redemption fee.
Each registrar sets their own price for the redemption service just as they do to redeem a .com domain during the redemption period.
Based on what registrars charge to redeem a .com, I believe the fee may range anywhere from $90 – $200 per domain for redemption.
If the domain is not redeemed by the registrant during the 15 day period, then in the Last 5 days of the RGP the domain name becomes Non-Restorable.
During the last 5 days of this RGP period, anyone can make a reservation for a particular .CO domain that is about to drop through a .CO accredited registrar.
Once again the fee to back order a .Co dropping domain will be set by each registrar.
It’s going to be a one time fee plus the normal cost of registration.
Since the domain at this point will be in non-restorable status the person who back-ordered the domain will get it.
This Reservation fee is separate from the normal Registration cost and is not refundable given that if a Reservation is accepted and charged then it means the domain will be awarded.
The .CO Registry will launch this backorder process on Wednesday, August 3rd, which is 15 days after the 1st .Co domain expire.
Reservations (Backorders) will be made on a first-come, first-served basis, and only one backorder reservation will be allowed per domain.
If you plan to play in the .CO drop market, check with your .CO accredited registrar of choice from now to make sure they will be offering this option.
Since participation is optional for accredited registrars you need to make sure your registrar is on that list!
I have also heard that some registrars might start this backorder process sooner, making an early order option available to their customers so the process depending on the registrar may begin before August 3rd.
Remember its 1 backorder per domain period, not one backorder per registrar.
Of course if no one places a backorder on a .CO domain name in that 5 day period the domain name will drop and will be available to be registered by anyone on a first come, first serve basis for normal registrations fees any time after they drop.
For .CO investors, this is great news.
It means you can place back orders on the very valuable first round of .CO drops without domains going into drop auctions.
For the specific details about how the .CO back order process will work, check with your registrar, each registrar probably has its own unique policies, prices and processes to consider and we will keep you updated as more information is made available from registrars.
That’s great news.
These Colombians are clever.
.co Drops? No! Really? Gee; guess that means the .co folks believe that everyone’s NOT gonna hold on to .co fools gold? Gee; now won’t that be a surprise.
In fact; over these next few months; we’re about to be witness to the largest percentage-of-currently-registered-domains drop of any tld in history.
The .mobi drop was only a precursor to the deluge which will be .co.
@Steve
…because other extensions never drop. (sarcasm)
I agree the Clines of the world bought up crap which will drop. That does not devalue quality .co domains and only financed marketing of the extension.
.com is king, .co is working fine.
@Steve
Quite an assertion. I guess we’ll see.
Going be a blood bath imo.
Renewals and speculation imo.
It’s a matter of scale. For those that registered 500 .co’s and had no sales the last year (very likely), they’re looking at $10-15k. Even if they can afford it they’ll be going deeper into the hole and will need to cut their losses at some point.
Guys like me picked up 5 LLL.co just for kicks. It was no big deal to renew for less than $150.
So the question is were the bulk of the registrations by mass speculators, or folks that just grabbed 5-10? My guess is that it’s the former and therefore it will be a bloodbath.
But maybe not, are there any public stats on this?
COInternet has really revolutionized the launching of a new TLD, from the marketing to the dropping process.
Btw, NetSol started renewing .co’s that were on autorenew (by default) a month or two ago. So for those not paying attention they got dinged for $40 per domain. Don’t know how many were registered there but it will certainly push the renewal rate up a bit.
@SL – perfectly said. I was thinking same lines. I only have 4 .co domains.
It’s not really a back order process as such if it has a finite 5 day window- they’ve just moved registration up 5 days. Instead of “catching” a pending delete dropping you’re “catching” a domain going to pending delete.
It’s obviously going to limit the number of registrars participating – is it financially worth creating this back-order registration change – to pre-register with the registry but not receive the name for 5 days? Will Snap be bothered to implement a pre-drop registration? Pool.com? Namejet? I wouldn’t be sure that it would be worth their time. I’m not sure they’re even bothered to catch .co if it followed “standard” procedure.
Maybe a couple of their preferred resellers – Register/GoDaddy – will implement something but the “valuable” names will already be picked off for auction and not dropped anyway.
The only reason this makes sense to me is to try and encourage aftermarket purchases before what is being called a blood bath. It’s really more of a blood letting imho. Most of what I’m reading is people renewing 30-60% of their portfolio of between 1-30 names.
People with 15K renewals? I’d be worried if that 15K came was coming from my 401K.
I will renew all my .CO
but I’ve just a few of them
—
do you know at what price mexi.CO has been sold?
Any way to know what is being dropped or do we just backorder everything we wanted and hope we catch something? I’m new to the backorder/dropping thing.
Haha, if anyone actually backorders a .co …. LOL
I renewed all of my 50 .cos that I had bought on July 19th 2010 already. I believe most people will renew their .co’s.
David
Well I will go on record to say that 70% of all dropped domains will be picked up and a lot of people will use the backorder service.
In life you bet on winners.
The .Co people know what they are doing and I would bet on continued success from them.
.mobi is just a bad example.
It was a technology based extension that was simply killed by the iPhone.
.co has money to advertise. Then you have the names that they have not even released yet that will produce millions. They have the best chance and I doubt any new ext in the next 3 or 4 years will do any better.
I believe the same way that a lot of investors will use the backorder system.
What i don’t understand is if .co domains are available at GD for $15 now,then why don’t they drop the price now to their renewls to $15.More .co owners will renew at $15 then $26.99.Any way the .co registry will get their money one way or the other.Why let the domain expire?
my only concern is that Juan, Lori, and team do not drop the .CO ball.
.CO is plenty enough for any team to make it a life long work.
I know that other extensions have been inviting them to join their team and help promote their extension
and I think this would be the biggest mistake.
On the surface it may seem tempting but no one has unlimited time plus there would be conflict of interest issues.
and I and others would be much less enthusiastic of .CO if they go off and start promoting someone else’s extension.
This would be the surest way to kill .CO and any other extension will mean really nothing.
So you can have 10 of nothing or .CO which will be better than .com
Do not be tempted by other extensions and lose focus and lose something great that they have.
“Once again the fee to back order a .Co dropping domain will be set by each registrar.”
Do you know if the fee is payable upfront or is that also Registrar dependent?
@MHB
70% ??? Is that a joke ?
“In life you bet on winners.
The .co people know what they are doing and I would bet on continued success from them.”
The success of .CO has nothing to do with DROPS and BACKORDERS … domainers are the only ones that are involved in picking up expired domains. That would mean domainers are the ones registering .co. Is that what you are saying ?
Question: so I imagine that a large part of that 70% will be yourself. No one would say such a ridiculously high # unless they planned on going full-court-press themselves on it ?
.CO represents a multi-billion dollar gold mine stream find for everyone involved.
It is just there to be mined and picked up.
Now if Juan, Lori, and team get distracted by others saying they also might have a gold stream over here or over there,
that’s when they are going to drop the ball and take their eye off the single hugest gold find this decade.
So don’t do it.
All they need to do is ramp up advertising and just keep doing what they have done in the past year.
Just imagine 100 million .CO registrations means $2,500,000,000 in revenue for Juan, Lori, and team. That’s what they are striving for.
I see dead CO lying around on the streets -awash by the rain…
We will be renewing dropping.co!
Great Job Juan/Lori!
E
@ pt
I am sure MHB heard that 12 years ago about .com’s. I am not saying .co is the next .com but many believe it has a runway and I look forward to picking up quality .co on the cheap. One word generics, GEO, LLL. They have sold well and there is no proof they will not continue to sell.
I got the one I wanted for a client campaign. Knowing the holder had thousands and no funds to renew, I had a lawyer friend call from Columbia asking what his intentions were because they held the trademark knew they could win based on the case record but thought it would would save everyone time and aggravation if we just cut you a wire for $500 right now. The accent must have helped because without any research into the claims, he bit.
I will be bidding on several of these drops – many gems will be available for low, low prices.
They have sold well and there is no proof they will not continue to sell.
—
That’s not how logic works.
You don’t prove what things “don’t do” or what they “aren’t”.
That’s called ‘proving a negative’.
THERE IS NO PROOF THAT .CO WILL NOT ATTAIN 1,000,000,000 REGISTRIES IN THE NEXT 1 YEAR!
THERE IS NO PROOF THAT THIS *ISN’T* TRUE!
You guys are whacked. Especially the guy on the other thread who shared his strategy as copying frank schillings dotcom list and adding an s before or after a word.
DotCO is NOT a speculators domain- they made that clear
It exists to serve businesses who couldn’t afford the prices and games of the aftermarket
TM issues will be tough
Businesses who bought these so far came for very specific needs speculators wouldn’t consider
2-3 letter/no yes a sure bet due to finite supply
numbers that are addresses, phone#, product codes- sure bet
Personal names or surnames- again finite supply high demand
Names for blogs
Any name where an Epik site exists to be put over it instantly
Any name that can be expressed in world recognized symbol (chop sticks, lipstick, grizzly, non trademark celeb face)
Hack co.co
But buying 15,000 names with no prospect or income?
.CO domains are being build at an unprecedented rate.
everyday I type on google search: site:.co
The numbers have been going up everyday my 1,000,000 or more.
There is a place for .co – below .com and above .net.
@coSPORTS.co
I think once .CO goes above 5 – 6 million registrations
people will start to see .CO as the successor to the longer and more outdated .com
@LS Morgan
I should have said evidence, my apologies. Logic? It’s legalized gambling, speculation or investing-call it what you will. That discussion happened last week. I would love to buy a LLL.com, but I am not that patient.
Can anyone answer my question? Are there going to be droplists or do we just backorder hundreds of domains we want and hope we get some?
Thanks,
Chris
@Christopher
“backorder hundreds of domains we want”
@”Robet Cline”
Allow me to let you in on a little secret and do you a favor. One of the powers that be at dotCO told me personally that they absolutely detest when this “Robert Cline idiot” continuously makes comments like: “… .CO which will be better than .com.”
Got it, big guy?
@David J Castello
I only speak the truth.
nothing more, nothing less
and
.CO is the new King
@”Robet Cline”
Go eat your own stinkin BS and register ”Robet Cline dot co
@BullS
I am doing better
I am dropping virtually all my .com s. Already dropped 600 .com s in the last 2 months.
@”Robet Cline”
why is”Robet Cline” pointing to some cheap e-commerce site…
should be pointing to your own dot co site
Robert nothing is bigger or better it’s not a contest
I liken it to 212 area code in ny. When they ran out companies got 946 but they still work the same way and serve the purpose. But ny will always be known as 212 because that branding is engrained
And when a company gives out a card with their 212number there is a brand perception that enhances no other area code can contribute to
With 20 new Registrars coming up this year for .CO who signed to push .CO i think we will see some more .CO hype to continue.
This is a domainer TLD for sure and it shows if it’s hyped there is money tobe made. With the introduction of new gTLD’s i can only imagine more hype.. Sounds like a bubble.. What happens to bubbles.. oh yeah… Make sure you get out till it bursts….
The .co is currently a heavily speculated pre-Landrush Anniversary ccTLD. The numbers of genuinely developed .co websites is a fraction of the number of the “active” website figures that .co registry quoted. This highly speculative registrations element will take a few years to wash out of the .co ccTLD and the biggest challenge for the .co registry and for .co domain registrants will be to get development going in the ccTLD. At the moment, .co websites will have all the characteristics of a gTLD (relatively high PPC percentage, high holding pages percentage, domains for sale, high redirection percentages). It will not be until year 3 or so before PPC and holding page percentages begin to drop and, if everything goes well for .co ccTLD, the percentage of developed websites begins to rise.
The problem for a lot of domainers and speculators in .co ccTLD is that they mainly have second or third tier domains. The high value keyword domains have been hoovered up and ordinary domainers never really had a chance.
What will happen in the next few months is that many of these registrations will drop. It could be 20% or more. Some will be reregistered by domainers hoping to make a quick sale where others failed. And by the second Landrush Anniversary, these domains may be dropped again. Sometimes the optimism of domainers triumphs over their experience and a smaller number will be reregistered.
Most of the new domains in .co would be registered through GoDaddy and they may be on GoDaddy’s PPC parking page while they are being developed into websites. However most domains are never developed into active websites and the PPC parking figure for .co ccTLD will consequently be higher (perhaps double or more) than some other new TLDs as registrar PPC parking is now more common than generic holding pages. The other factor is that brand protection registrations are important with .co ccTLD and many of these will redirect to the brand owner’s main site if they are even set up. These brand protection registrations tend to be remarkably sticky in terms of renewals.
@Owen Frager “DotCO is NOT a speculators domain- they made that clear” What the registry intends and what the market decides are often two different things. At the moment, .co has a long way to go to general acceptance as an alternative to .com. This might change but such change will take time. What isn’t apparent to marketers and promoters is the fact that the market in many countries is crystalising around a ccTLD/com axis with other TLDs occupying far smaller shares of these markets. The .co ccTLD’s primary market is the US and Canada. In Canada, there is an established ccTLD (.ca) but in the USA, the .com is the defacto ccTLD. The numbers of .co domains registered in countries other than the US compared to the numbers of local ccTLD/com footprint domains in those countries’ markets is very low.
Interesting interview of their CEO – apparently not concerned about drops for the first few months. I suppose it has to do with this backorder system. The good ones get backordered … Will those count as dropped ?
http://www.domainsherpa.com/juan-calle-dotco-interview/
I should think that for the longterm prospects of .co this initial drop period couldnt come around quick enough. The .co team seem intelligent enough to me to know that the bigger this drop is, the better. Its like a big crowdsourced filter of names. The .co namespace has more chance of being developed one day because of such shakeup. Serious institutional investors and the occasional end-user will scoop anything remotely of value, leaving last year’s jokers badly burned.
.co is the new king, .com is dead, yah really, any moment now, just round the corner, are we there yet?
“…people will start to see .CO as the successor to the longer and more outdated .com…”
Sounds like .com is Old Tech
.CO is New Tech
It could be a “new trend” now…where new tech sweeping the world in new gTLD and new .CO…
@ Rich
The registry I’m told will not be running any sort of discounted renewal prices promotions. Of course retail prices are once again set by each registrar like Godaddy and they are free to charge whatever the want.
@Chris
There registrars will be getting a drop list, I’m sure some registrar will be making it public.
@Trico
The backorder fee is set by the registrar and as the post says will have to be paid upfront when placed.
Once again there is only one backorder so if placed within that 5 day non-restorable period then you will get the domain.
If a registrar jumps the gun and starts taking reservations early then the question will be is the backorder fee refundable
That would be up to the registrar again and so far no registrar has announced anything on it
@PT
Drops are not new to the domain business, I think 50K .com’s drop every day.
So?
Many are re-registered immediately or in the days after. Some go to auction and sell for hundreds and thousands of dollars.
Of the 75,000 domains i own probably 95% came from drops.
@ Owen
He is right. If you look at the numbers that has been released very few .Co are owned in bulk, unlike .com’s so if all the holders of 1,000 .co or more let them drop the number of .Co’s dropping would not be that big.
@ Robert Cline/David
Robert David is correct, the .Co people are not happy with your over the top chatter about .CO being the new .Com and such nonsense to that effect.
They don’t think of .Co as the next .Com or a replacement for it, or anything like that.
I have explained many times that .Co is not the new .com the new .com is .com
However .Co doesn’t need to be the next .com, its a new extension that has a market and a place in the domain world for the registry and a profitable business and for investors who bought high quality domains.
COInternet has really revolutionized the launching of a new TLD, from the marketing to the dropping process.
///////////////
Same thing was said about .mobi. Each new extension needs to get better because it is a harder sell after the failure of the last and the got the example of the last one to build upon.
Robert Cline PERMALINK
@BullS
I am doing better
I am dropping virtually all my .com s. Already dropped 600 .com s in the last 2 months.
///////////////////
That is because you had no sales in .com, hence the decision that .com was therefore not very good for speculation and .co would make up for it. Of course the logical thing would be to realize the names you picked up were the problem, not the extension. Now you are desperately seeking .co renewal coupons because obviously you are losing money with that as well.
Snoopy
Again .mobi is a bad example as the whole extension had one purpose, to make your existing website look good on your mobile device.
It was a technology based extension and like all tech it becomes obsolete after some time, for mobi it wasn’t long because of the iphone.
So in my life I have seen records (vinyl) , cassette tapes, 8 track, Cd’s, Mp3’s, iTunes
what did you I do with each of these devices when the new tech came out, threw the old one away.
“Again .mobi is a bad example as the whole extension had one purpose, to make your existing website look good on your mobile device.”
///////////
MHB,
There is some reason why every new extension is “bad example”. .cc, .ws, .biz, .info, .tv, .us, .mobi. What extension would you like to use as an example?
use .tv – theres one meaningless obsolete extension with no future if I ever saw one 😉
Snoopy
You can use any example you want except for .mobi and .tel as they are technology based.
Now as for the rest
I never owned more than 10 .biz domains, don’t think I ever owned a .cc.
I don’t think I have owned 10 .US, I pretty sure I have owned less than 5 .ws.
So I’m not going to “defend” extensions I never owned or invested in.
.info I have owned a few and made money with the ones I owned.
The registry is extremely profitable.
I think there are 7 million .info registered and the registry just increased their price to over $7 a year wholesale. So lets call it $50M gross
a year
We all should own such a loser
))):::
.TV
Pretty active market, get inquiries all the time on these, 3 this weekend alone.
Brokered the sale of a 2 letter .tv in the mid five figures just a couple of months ago. (under NDA)
I know of six figure .TV sales all under NDA.
Personally I still like and am buying the extension
There are plenty of end users, have no idea of why you consider the extension to be some type of failure.
.tv no nothing to see here, move along everyone 😉
How are those typo TM names in .tv doing?
@MHB One of the reasons that the bulk ownership is so comparatively low in .co ccTLD is due to the small number of registrars. With some of the previous TLD launches, some registrars were set up by investors to specifically target keyword domains. This resulted in a highly skewed profile for these TLDs that damaged natural growth and development in these TLDs. In having GoDaddy as the premium registrar, the .co registry made one of its smartest moves. Any new TLD targeting the North American market *has* to have GoDaddy onside if it is to gain market share. The high (compared to .com) registration price also reduced some of the speculative activity. Its limited registrars strategy seems to be a way of targeting key registrars in each target market rather than creating a free for all. There is an element of “bulk” (>50) ownership but it is nowhere near the industrial scale of .com or some of the more mature TLDs.
The definition of what makes a TLD a success varies according to whomever you ask. Some domainers have emotionally invested in .co domains. Registries might consider usage to be the key metric. (The actively developed websites percentage for a new gTLD at .co’s pre-Landrush Anniversary stage would be between 9% and 20%.) Some less emotionally invested domainers might consider it to be the secondary market. For the general public, the marketing might be there but they will have to get used to using .co websites and thinking “.co” – that requires developed websites. A lot of the highly speculative domains will be dropped in the first or second Landrush Anniversary Junk Dump but nobody apart from the registrant and the PPC company will even notice as these domains are typically parked on the registrars’ PPC parking pages and drop without ever being developed.
“Allow me to let you in on a little secret and do you a favor. One of the powers that be at dotCO told me personally that they absolutely detest when this “Robert Cline idiot” continuously makes comments like: “… .CO which will be better than .com.”
Got it, big guy?”
They say what they think of me?
Because I only tell TRUTH, sir.
.co HOT HOT HOT!
Soon to replace .GOV and .MIL!
I get rid of air conditioning where Ilive and now cool apartment with .co domain name! But I still have fan. And ping pong table.
Fan, ping pong table, .co domain name.
THE FUTURE! HOT HOT!
MUST ACT FAST! SOON, NO MORE! ALL GONE!
I almost lost
AdvanceCloud.com
I had 25 minutes to spare and got it reregistered.
with all the hoopla surrounding Cloud.com
AdvanceCloud.com
has got to be worth something right ?
What do you think ?
AdvanceCloud.com–yea it is worth 6 figures.
Don’t forget to reg the dot co too.
Check in the mail….
.info I have owned a few and made money with the ones I owned.
The registry is extremely profitable.
I think there are 7 million .info registered and the registry just increased their price to over $7 a year wholesale. So lets call it $50M gross
a year
We all should own such a loser
))):::
.TV
Pretty active market, get inquiries all the time on these, 3 this weekend alone.
Brokered the sale of a 2 letter .tv in the mid five figures just a couple of months ago. (under NDA)
I know of six figure .TV sales all under NDA.
Personally I still like and am buying the extension
There are plenty of end users, have no idea of why you consider the extension to be some type of failure.
////////////////////////
MHB,
With regarding to registries I will agree with you on that, there is a lot of smaller registries that should be making good money.
Having said that that the registry is on the opposite side of the equation to the domainer, their revenue is our expense so for a registry to be making alot says nothing for how domineers are going.
You cited .info, .tv is probably another good example; the registry has charged premium renewals sometimes into 5 figures annually (now largely scrapped except legacy names) and has had higher than normal renewals, great business for them while people will pay but not necessarily a good deal for domainers. The highest sale ever reported in the extension was business.tv for 100k and that was during the relaunch (the market has come off a lot since then in my view). Not saying there isn’t other high sales but there obviously isn’t many of them when 100k is the highest reported sale ever. Even with that one it was the registry making the money, not a domainer. Many of the other high sales are in the bracket as well.
When you say you’ve got a few .info’s, if these are an example of a good investment how come someone with tens of thousands of domains would choose to only own a “few” .info’s? Personally I have owned maybe a dozen info’s and made maybe 2k profit after reg fees, but the ROI was poor compared to major extensions.
To put this whole debate another way, do you know of anyone who has made substantial money in .info or .tv or .us speculation? Do you see people at conferences bragging about their .tv profits? The people who were big on .info for example in the early-mid 2000s seemed to have moved on or gone very quiet and good sales are rarely seen. .tv came back into vogue for a few months with the premium auctions but now is back where it was with dnjournal reporting maybe 1-2 sales a week. You can also see it in forum activity, go to the Namepros tv subforum or other dedicated .tv forums and see how dead interest in the extension has become over the last 12 months.
One of most well known .tv speculators claimed he had 35k in sales in the last 6 months. That is always how it has been, the very best make an average living (ie a few people), the “Frank Schilling’s” of the alt extensions. Whilst the rest make very little or lose money.
The point is not that nobody is making millions from them, the point it is is extremely rare for anyone to even make modest amounts from them, so why focus on an extension where it is an uphill battle to make money? I’m sure you aren’t focused on .tv or .info or .co, so is it wise for other people to be focused on trying to make money speculating on these when the upside is so limited?
Personally I think.co is on the way down, I don’t think everyone is seeing it but I think it peaked interest wise probably 6 months ago and is headed the same way as .mobi for much the same reasons. If it does go that way though MHB, Rick Schwartz etc will still be having lobster bisque for dinner, that isn’t true about most speculating in this extension.
Snoopy
Interesting points let me deal with them:
“”Having said that that the registry is on the opposite side of the equation to the domainer, their revenue is our expense so for a registry to be making alot says nothing for how domineers are going.””
A registry is a different business than that of being a domainer.
I think I have explained that many times especially in posts about RIGHT OF THE DOT.
However having said that I don’t think its accurate to say a registry is on the opposite side of domainers.
For example the .Co registry has thousands of reserved domains which of course at some point they will be looking to sell at premium prices, so like a domainer they will want to get as much as possible for those domains.
A lot of the value of the registry is in these reserved domains and to that extent the registry has a vested interest in domainers succeeding.
If domainer make money reselling domains it makes the registry owned reserved domains that much more valuable.
Of course aftermarket sales also fuel more registrations.
This is really what RIGHT OF THE DOT is about, increasing the profitability of the registry but not at the expense of domainers, make money with domainers.
A win-win.
To your next point:
” To put this whole debate another way, do you know of anyone who has made substantial money in .info or .tv or .us speculation? ”
Yes I know a few people that are making a good living on .tv domains.
“”One of most well known .tv speculators claimed he had 35k in sales in the last 6 months. That is always how it has been, the very best make an average living (ie a few people)””
“The point is not that nobody is making millions from them, the point it is is extremely rare for anyone to even make modest amounts from them, so why focus on an extension where it is an uphill battle to make money?”
Well I don’t know how many people are making millions a year in domains in general, but is that the standard we should judge success by?
I mean the economy is still horrible.
Millions of people are out of work for years, lost their homes, their retirement savings, everything, while tens of millions more are living paycheck to paycheck
I’m sure there are millions of people that would jump for joy to make an amount which you quite cavalierly dismiss as minor.
“”why focus on an extension where it is an uphill battle to make money””
Well who said people should focus on .co or .tv or anything other than .com?
I mean I think there are opportunities in these extensions so they should be on your radar.
The one extension you haven’t mentioned is .Me.
There is another extension where the registry has made a lot of money but so have domain investors.
Have .Me domains sold in the six figures
Absolutely.
and higher
So its another opportunity.
A win-win
Looks like Robert Cline is off of his medication again.
Snoop is right some with .tv back in the crazy day.
Its a whole new ball game. More liquidity in .tv marketplace imo. New players joining the party. Domainer to domainer sales have improved and end users are now establishing .tv as well.
I’m making a small living in .tv. I also invest in .com. Great times to be in both imo.
Snoop- we don’t have your portfolio value. We never will. You did it. Great. Congratulations. But I know many people making money in .tv I also fine it a bit bizzare how you have a portfolio that big and Uou spend so much time worrying about .tv. Are you that bored?
Also snoops view of domaining in summary is this
Let’s say this
You sold a name for 1k profit
You sold another name for 500 loss
What’s the focus going be? The loss sell for 500 and say how about a domainer is. You don’t need to bat 1000 to be successful imo.
I’m happy in .tv. Happy in .com. These 2 I’m focusing on.
In regards to .co I’m not convinced but I own 4 of them. I also think its going be ugly with drops. Berkens may disagree. I respect berkens and read his words carefully.
Good points on economic picture. Couldn’t agree more. It sucks. Its depressing. I am trying stay focused. Its hard too at times.
One thing I learned from snoop was drop your shit and junk back in the crazy days.
I also have said this a long time
Everyone is in different stages in domaining
If domainer A made 30k profit in a year and learning each day, learning and trying achieve to The next phase
If domainer B made 500k profit in a year and is happy
If domainer C is new and showing big losses in x, xxx (most new comers do this and call it quits)
Some people are part time, some are full time, some walk away and say fuck it.
I did 6k sales past 7 weeks and been buying a lot. I spent x, xxx for my moms special birthday. I was happy and seeing close friends with my family and be there for my moms special day. I did this from domaining. One of my most rewarding things in domaining and my mom said thankyou. She also said keep up the hard work in domaining. I was almost in tears. Enjoying the memories, seeing people have fun. Drinking. Socializing. Was so rewarding experience for me and domaining. Most domainers would be laughing at this and big guys. But for me it meant something personally.
So the point is this. Expectations. Put your egos aside. Drama. Learn. Keep focused. Different stages everyone is at. Go out and create. Make some calls. Email end users. Learn wordpress. Watch the drops. Whatever.
Just my thoughts.
Don’t we all win if the world gets more involved in buying domains? IMO, diversity in extensions is a great thing, it helps create a market to buy and sell domains.
There are many ways to prosperity…..
-Peter
//I got the one I wanted for a client campaign. Knowing the holder had thousands and no funds to renew, I had a lawyer friend call from Columbia asking what his intentions were because they held the trademark knew they could win based on the case record but thought it would would save everyone time and aggravation if we just cut you a wire for $500 right now. The accent must have helped because without any research into the claims, he bit.//
Assuming this is truly you:
You’re proud of this tactic? At BEST it’s unethical or unscrupulous.
We have words for methods like this and none of them are printable. We have words for people like you and none of them are printable here.
Your name is mud. Karma is a bitch.
You can’t even spell Colombia correctly.
Thanks for the information. I will keep up focusing on it.
“Its a whole new ball game. More liquidity in .tv marketplace imo. New players joining the party. Domainer to domainer sales have improved and end users are now establishing .tv as well.”
///////////////////
I follow .tv sales pretty closely and in my view things are back where the were before the changes, it is back to a trickle of sales, usually a couple reported each week. Nothing like 2010 and everything like 2008-2009. Regarding “new players joining” it is easy to see from .tv discussion that this isn’t really the case, a lot of people are wondering what happened,
eg,
This thread is a good barometer,
http://www.allthings.tv/forum/showthread.php?t=96507
One year ago there was barely a negative word said for this “relaunched” extension, now look at what many long term .tv investors are saying (there is positive comments in that thread aswell but it is a clear change from a year ago), I’ve focued on the comments from people who have been around a while,
//SpiderSpider//
“ZERO END USER ACTIVITY.
Was selling .tvs so much more when they had premiums!!
Not at all happy for .tv future. And i am dropping good names too.
of course – one big sale could change my feelings on .tv…..”
//Ronnie//
Domainer domainer market is not great, mostly because so many of the regular .tv buyers already own many great keyword.tv’s due to GR & LR buys which also meant they spent lots of cash so have little left to buy.
Only bright spot for D2D sales is that many domainers who previously wouldn’t even consider buying .tv’s are NOW actively registering .tv’s & trying to buy on forum, sedo & via whois searches….Enduser activity still feels very strong, lots of offers, lots of new .tv’s being launched, many more companies now own their .tv….etc
//JimboJimbo//
[had some earlier more positive comments]
.TV worries the crap out of me on several levels.
Number ONE – it has NO firm footing and is still seen in some quarters (righty so at times) as the ‘flaky’ extension.
.TV is the CouldHaveBeen extension that should be up there as a ‘contender’ but ended up getting mired in a world of premium, non-premium, registrar-locked, expensive, high renewal, ‘what happens beyond 2016?’ questions. It is ‘niche’ when it should be ‘NOW’.
……..
On the coalface of .tv – down in the dirty and basic world of the domainer to domainer market – we can all see that the card called .tv has been marked.
We see such a glut of high quality names that the prices have gone so far south they are now written in pesos rather than dollars. Some of the auctions have had shameful results – and for every ‘great time to buy’ piece of fluff, we can see that a lot of the d2d market is dying on its feet.
In the past people could always get their money back on a name if they decided to sell at NP, or even SEDO. Now, your NP stuff will be ignored and your SEDO auction will be more than likely an auction of one!
Yes, times have changed. There is a beautiful enduser market where companies are happy to spend at least $750 on a name and can go as high as the $60,000’s and $70,000s dependent on what the name is.
There is also a ‘flat as a kipper’, all the domainers are dead, or have bailed out already, market. What we are left with are domainers who are making a flight to quality (perceived to be .COM) or selling up because of conditions in the real world, bailing out because their dreams failed, dealing in the short change end of the market, or lording it because they have sold high-end names and can easily afford the vastly reduced prices from distressed sellers.
I personally am still playing, and there are times when I enjoy doing so. Only my accountant, the taxman, and my wife, know the real facts – and none have yet asked me to stop.
….although one of the three has asked me to do something more constructive with my life!
………
One final point – if things were good then we would still be hearing on a regular basis from many of the old school .TVers about what’s happening. Now I don’t know the reason, but either they no longer trust the forums as a communications medium or they are no longer interested as they see no ‘action’ left in .tv other than from endusers.
Where have the likes of Michael Bilyk, Antonis, DiscoverNow, Polin, SmashFactory, RL, MillersCrossing, Hulls and the dozens of others all disappeared to? If things were great, we’d know.
The one extension you haven’t mentioned is .Me.
There is another extension where the registry has made a lot of money but so have domain investors.
////////////////
It is an extension with minimal activity in my view, about half the level as .tv. Seems to be maybe 50 reported sales a year.
I think we a lot had decided to keep quiet.
Others quit the game
Others realize forums and debates are useless
I’m not here to say what everyone is doing. To much time and energy focusing on others. Have enough time issues take care of my inventory and end user sales, drops and etc
Plus this ties into your comment. Why announce much? You, taxman and wife know. So a few of us feel same way how you treat things.
Snoop. Yes tons lost there shirt. I lost my shirt. You taught me a thing or 2. Your a big gun. Congrats. But for you to keep reflecting on old days is non sense. What matters is today. I took my hits. I paid my dues. I worked hard. I still have a lot to learn. Just like how you do.
Either way back on topic. Sorry for off topics.
Good Luck to everyone being a domainer.
“Plus this ties into your comment. Why announce much? You, taxman and wife know. So a few of us feel same way how you treat things.”
///////
Note those are comments from other people, 3 people who are among the best known .tv speculators.
“Snoop. Yes tons lost there shirt. I lost my shirt. You taught me a thing or 2. Your a big gun. Congrats. But for you to keep reflecting on old days is non sense. What matters is today. I took my hits. I paid my dues. I worked hard. I still have a lot to learn. Just like how you do.”
////////////////
Is this Jeff Overman…sounds a bit like it?
I guess it comes down to this, you lost your shirt the first time, now things are different, Robert Cline is saying much the same thing. He lost his shirt as well (in .com)…and now things are different (because he is on the fast track with .co).
Hate to be the thread a-hole but lets be realistic here, if people have made bad domain mistakes in the past to the extent of “losing their shirts” what is the chance of their commentary being right now?
So snoop tell me this
If you had 5k invest today and newbie how would you invest your hard earned money.
Buy one .com in aftermarket? Find a name with meaningful direct navigation.
Unfortunately we don’t have the bank role or portfolio you have.
So snoop tell me this
If you had 5k invest today and newbie how would you invest your hard earned money.
//////////////
Jeff,
If it were me I’d buy a handful of popular keyword .com’s, I’d probably focus on auction environments outside of the drops as well as trying to get names cheap from the whois. I would completely avoid new registrations, unpopular tlds, trend names or anything like that. Go for something with fairly certain value if you are starting out.
Ok. Thanks snoop.
Have a good evening everyone. Cheers.
Snoopy.
“Are you upset little friend? Have you been lying awake worrying? Well, don’t worry…I’m here. The flood waters will recede, the famine will end, the sun will shine tomorrow, and I will always be here to take care of you.”
Charlie Brown
Stick to .com and .CO…these 2 extensions will be a lot better than many other thousands of new gTLDs…
Because good generic gTLD such as .sport .business are the long tail word .extension…not sure these new long tail gTLDs will be anything better than the short .CO extension…
Looks like .com and .CO are the best options for all current and future businesses…forget the other gTLDs…
I have made 5 figures on average every year for the last 5 years. About 70% of my portfolio are .tv domains.
There is money to be made with .tv, you just need to know what your doing and not register everything in site just because the name was reged in other main extensions.
Will names like coffee.tv, tea.tv, idea.tv, tablets.tv & Dessert.tv sell for 6 figures? Not sure, but I am willing to hold on to them and find out.
Snoop,
Millerscrossing is SpiderSpider.
With regard to your point above about people’s inactivity…
The lack of active participation by certain people on the .tv forum, doesn’t say much about the extension or how those people feel about it. I personally know why a few of the people you listed are less active today than they were in the past (either b/c I speak or email w/them about .tv), and none of them are active today for any of the reasons you suggest.
Just remember, not everybody has the disposable time to spend hours on the Internet being active on forums and blogs 24/7.
On the one hand, I have to commend you on your persistence, and on the other hand, I have to wonder what motivates you to continue to spend your time campaigning against the extension.
The lack of active participation by certain people on the .tv forum, doesn’t say much about the extension or how those people feel about it
////////////////////
As can be seen from the posts I quoted above even many veteran .tv investors are saying the opposite to this, your entitled to your views but clearly many people disagree,
JimobJimbo’s final comments ring true in my view,
“One final point – if things were good then we would still be hearing on a regular basis from many of the old school .TVers about what’s happening. Now I don’t know the reason, but either they no longer trust the forums as a communications medium or they are no longer interested as they see no ‘action’ left in .tv other than from endusers.”
You are naive if you believe everything you read that is public. It is certainly possible that the elite veterans like the one you mention have no reason to share how they really feel about an extension they continue to buy up. Instead, it is better for business to allow others to share negative views or even promote the negative view.
My point is that you cannot draw a conclusion from statements made by people on a public forum.
@ “Snoopy”,
I have done very well in .tv and just sold a LL.tv for 4000% ROI, it was a NDA and I paid about $1,000 for it, so you can figure out what it sold for. Want about 15 more examples of .tv in the last year. Overall, I am way ahead .tv. I been investing in .com since 1998, and .tv since 2000. I also own maybe the #1 .tv portfolio in the world, according to some. I buy top quality .tv names and flip them, I don’t buy junk. I am not here to brag, but to make a point, that you don’t know what your talking about!!!
Thanks, Jim
Thanks for share! Cheers!
This is a useful information for us
BTW,If someone wants drop his .co domains,Plz let me know,I’ll by some.
Can anyone help me with where I can RESERVE one of these dropping .co domains ?
What registrars are participating ?
Today is August 3rd, so should .CO backorder requests be submitted to the registry by the end of the day?
@ Joe
There is still some confusion about the entire process and the August 3rd deadline. Most of the .CO accredited registrars that are offering backorders say you can submit backorders STARTING today (DomainMonster has accepted them before this).
I’m still not clear on how the premium reservation system works, and when the cut-off deadline is. DomainMonster claims to be using the premium reservation system for its .CO backorders, but when I spoke to 2 customer service reps on the phone this morning, neither of the knew what I was talking about.
Let’s wait for Michael’s reply, maybe he can shed some light on this.
Found this:
assets.cointernet.co/COinternet/Registrars/CO-Reservation-System_080311_FNL3.pdf
Guys I published all the info I was given by the registry about the backorder system.
Personally I haven’t tried to backorder one
I will reach out to the .co folks & see if I can get Addional info or clarification
I tried backordering .co domains at DomainMonster and can see all the top keywords are already backordered and almost nothing is available to backorder with them !!
I got an email from name.com today, part of which said :
“We are now offering .CO backorders through our normal search page. Starting August 3rd, you’ll also be able to place backorders on .CO domains for $84.99 through our Domain Nabber backorder service. ”
Maybe that helps?
@ alltheco
Thanks but I won’t place backorder with Name.com as they are having worst system in grabbing domains. DomainMonster had over 90% success rate in registering domains once the general availability started so I thought to backorder with them…
@Abdul
Name.com also wants backorders to be paid upfront.
@ Joe
Than I would never backorder with them even though I know they will surely grab it for me 😀
I cannot pay upfront a lot of money.
Guys remember one backorder per domain period so it doesn’t matter which registrar you use
100% of the time the holder of the backorder will be awarded the domain
@ MHB
Thanks for the clarification. That’s great.
I wasn;t pushing name.com, I just thought it would be helpful for people who didnt receive that email. FWIW Theyve always been great on my backorders (on other extensions) but like MHB says I dont think there is a ‘dropcatching’ aspect to the .co backorders.
It means you can place back orders on the very valuable first round of .CO drops without domains going into drop auctions.
That is not the case… GoDaddy is making a fortune auctioning .CO domains, name.com, namejet, and snap are all auctioning domains if there’s more than one bidder.