So Rick Schwartz made the following tweet a couple days ago:
It isn’t just gTLD’s that are stalled. ALL extensions are stalling. The demand by END USERS in 2017 is not what it was years ago. #Domains
— Rick Schwartz (@DomainKing) March 1, 2017
This sparked a thread on Namepros where some questioned Rick and if there was a motive behind the post.
The person who started the thread I thought made a very good point, “While end user demand is decreasing, according to Rick, reseller prices at platforms like GoDaddy, NameJet and DropCatch are certainly not. “
It’s true that many have expressed an opinion that wholesale prices have been going nuts. There are many that do not understand how people bid up so-so names on GoDaddy to prices that sometimes rival end user pricing.
TheDot.Shop posted:
Amazon (for example) just invested in 52 new TLD’s, if anyone thinks they did that, just for tax purposes, your sadly mistaken. The bottom line is this…with all of the new gTLD’s and the abundance of short memorable domain names in new extension’s, to think that .COM is not going to take a sales hit, both in the numbers of domains sold on the secondary market and their overall sales prices is really not paying attention to the overall market and the market trends that are developing. There are only so many end users at any one time, although more will enter the market each day. eCommerce is growing by leaps and bounds, but so has the choices provided to end users by the introduction of a ludicrous amount of new TLD’s at one time! So it’s only economic law of supply and demand that maybe has some heavy .com holders feeling the pinch of less demand and lower resale prices at this time. It’s interesting times in this business and I feel you’re going to see many new trends develop, both bad and good, in 2017!
Doromai posted:
not sure but Rick stated he is buying more domains than at any point in the last decade.. perhaps he believes the market will go up?
To which member 168 posted:
Nice catch Dordomai,
Bought more domains last 12 months than anytime in a decade. Underwater domain investors FORCED to sell cheap. #Domains #domainsforsale
Pushing his own agenda looking for (or trying to create) good buys.
I found the tweet interesting because I have been pondering where is the future for the small to mid size domainer, will it still be a viable opportunity to make money ?
So with all these questions and certain people trying to understand what Rick meant, I emailed him at 3 am since I have been up all night. Rick was kind enough to reply with the following:
User demand is getting very close to peaking all over the Internet. Growth can not continue as it has. Can Facebook add more users now then early on? I doubt it. At some point there will be a wall and I think that point is quickly approaching. The domain game is evolving. Brandable domains are in vogue right now. But the brandable domain game is a very hard game to play and win. Talk about a lottery ticket.
You have to figure that 100% of educated people with money are online today in some form. There are probably 2-3 billion people not online and may never be. And even if they are, they have NO buying power. But in my eyes, we have hit critical mass.The net has hit critical mass. Twitter has hit a home run in 2016 and still losing money. Snapchat may be another Twitter. I got to hand it to them. They made billions with nothing but eyeballs.
Now with this said I do see a very strong and positive wave coming later this year and into 2018 and maybe a bit longer. But overall, I think we are at a peak that could expose itself at anytime.
My horizon is not days. I look in terms of years. Just like gTLD’s. I knew in about 3 years that would be when the rubber met the road. Over 90% of all gTLD’s sold are being registered by domainers and most of them are parked. They are losing steam and losing steam fast. When you look deeper you will see that the registries themselves are holding millions of these names just to pump up the numbers. So between registries and domainers, they have all been smothered. Normal everyday people have never even heard of these extensions and may never. Go ask folks. Keep asking. NEVER be scared to find out the reality as many do.
Amazon may keep growing but Facebook will find it more difficult. Amazon has a LOT of business still to take from Main Street. Sears is on Death Watch. Target may not be far behind. Much of that business is being taken by Amazon and there is NO CHANCE these stores will ever recover. They will have mass closing just to survive. It’s coming.
So domains are an important part of the Internet. Growth can not be expected to continue at the same rate as in the past. Look at all the crap that is being registered. Those are not domains, those are future drops looking for a sucker dumber than the original buyer.
The domain market is largely incestuous. The gTLD market is almost 100% incestuous. Meaning most business is domainer to domainer and not domainer to end user. Turnover on a portfolio is generally less than 1% a year. That means you will die before you sell all your domains. At some point liquidity inside can dry up.
Now domains are not going anywhere. But to not see the coming evolution can be costly. Nothing can grow at the same huge rates as early on and that includes domains. Lastly, just look at all the stalled and decreasing registrations for the majority of gTLD’s. After 3 years this is when they should be HOT and they are NOT!
End users have a need and demand for ONE domain at a time if that. Talk to end users. Ask them questions. Ask them about domains. I do that ALL the time. Whenever I travel and wherever I go. EVERY SINGLE DAY! And most will say “I already have a domain name that I registered at Godaddy.” They have more interest in asking me if Godaddy is good than about their domain name.
They all have a .com or a .net. or a cctld. PERIOD!
As I have stated, domainers are so concerned about their needs, wants and desires that they are BLIND to the needs wants and desires of the end users.They only see things thru THEIR eyes. Fpr over 20 years I have been targeting end users whether at TRAFFIC or on TWITTER. My goal is to have an end user have an aha moment. NOT EASY!
I know many great domainers with fantastic portfolios that are having a hard time paying the mortgage and making ends meet. So if these guys are struggling, what about all the Pigeon Shit farmers? They just quietly disappear.
I remain bullish on meaningful and great domains to a point. I remain bullish that those with inferior extensions want to have success and be able to afford a great .com domain. .Com is an upgrade and that won’t be changing.
If I had porno.com in 1000 other extensions, the total value of those other extensions would not equal one .com.
There is no question that the rate of growth of domain registrations is slowing down. It may even decrease at some point and that would not surprise me. If it surprises you, then the point of business is not be surprised but be PREPARED!
John M. says
I think there are two points here. 1) Mr Schwarz is probably correct and understands that mobile voice changes everything. 2) all the more reason to look towards China and great “pinyin” names.
Raymond Hackney says
Congrats John you are approved comment number 100,000.
I will email you to get your contact details as you have won $25 and a $100 donation in your name for Elliot Silvers Pan Mass Challenge http://www.domaininvesting.com/2017-pan-mass-challenge/
John M. says
Raymond thank you so much I didn’t really know you had a contest going . I appreciate it but please give the $25 to Elliot’s Pan Mass Challenge along with the $100. I read his blog all the time and again thank you. Best , John M.
Raymond Hackney says
No contest, it was just something I was going to do for the person who hit 100,000, just like when someone hears a bell go off at a grocery store for being the ***** customer.
Very generous of you to add the $25, it will be done later today.
John M. says
Thank you-great idea, great cause .
www.ʍʍʍ.com says
Woaahhh – the chance to write the 100,000th comment without knowing it, is veryyy small – in fact is lays at 1 : 99,999 – so, many congrats!
www.ʍʍʍ.com says
Woaahhh – the chance to write the 100,000th comment without knowing it, is veryyy small – in fact is lays at 1 : 99,999 – so, many congrats!
jose says
i agree with Rick
Richard says
I’m missing real blockbuster sales like Business.com during the .com bubble and big brands buying generics like Vodka.com, but overall end user demand is still strong. How many startups are founded daily in China alone? They compete for the best brands and domains. They get it, companies in the US and Europe not so much. They rather have a nice FB page… Snap made a great move buying Snap.com. Their market value rose 10 billion on the day of the IPO alone! What is $5 million compared to that? Man up and spend real money for a great domain. The Snapchat – Snap rebrand should be a lesson to everyone. Stop talking about your charity or “blog project” when you inquire about a great domain. Pathetic.
John M says
Nobody pays like the Chinese. ?
brian says
we are all getting more inquiries for dot com these days – especially from those who wake up with a great idea – and not the customary $100 offer – but a whopping $25 – $50 offer.
we I do respond – I just tell them to save all their money and but one of over 2,000 non dot coms for $20.
what else can you say.
very narrow market for decent prices – and its only getting worse –
Jane Doe says
Had someone offer me $70 for a domain because she believed that was sufficient profit based on the cost for that extension being $35
Rich says
Funny, I see Rick buying more .com domains than he ever has in the past, retirement blues, or just grabbing ideas in the aftermarket?
Things that bring on domain sales is a healthy startup market, M&A, and economic, and global shifts where emerging countries go online.
Yes, we hear India is going online quickly, but they cannot compete as all their offers are under $100 for the most part. Nobody is going to put all that work in for that. China is interesting, aside from their chip hype, they have some serious investor, and a trickly of users trying to gain access to western markets with a good english domain from time to time.
European markets have been weaker overall past few years, North America has been strong, even though Canada, has .ca, many Canadian companies still like .com, Sorry Adam Dicker
Anon says
Adam Dicker should be sorry!
Paul says
The interent and online businesses are only starting.
Maybe million dollars .coms sales are stalling.
We are in the beginning of this internet thing.
@domains says
In 1899 the US patent office almost shut down because they thought everything had pretty much been invented already. Seems like a ridiculous thought now. Sure its different today than 20 years ago when no one had a domain, but there will always be some level of demand for various reasons, some that might not even exist yet.
R P says
The King is more often right than wrong. And he has taken a lot of swings. When he misses seems like its executing a new business like jointventures.com.
Big picture Rick theory is almost always right. Because he sees through the eyes of the layman and not through his own, biased eyes. That’s what makes his vision successful.
He was never interested in profiting off of the pupils he preached to. He only cared about educating and it was up to the pupil to take their due course, without him involved or getting a cut.
Thanks for sharing his comments always great to hear from him.
kemji says
the supply of great and good domain names has also kind of remained constant. But if u believe that any domain = good domain then yes, the supply is abundant. Resellers understand and move faster than end users thats why GD and NJ and other reseller markets seem “hot”. ntlDs still wont have value or acceptance close to most estblished ccTLDs. when will u all realize .in is untouchable in the long run? ahh…
Shiva says
It is a big myth that Indian’s wont spend money – India has rich and poor like any other country. so offers like 10 USD is quite common at the same time there are people who can spend a million on a single domain name.. . who want to ignore the the future 1 billion internet users market ?? 20% of the world’s internet population will be from India in few years time..
Its not just Indians but most western, chinese , japanese. almost all major mncs want to enter India some form or shape.. What will make them more local than owning a .IN Domain Name?. My research over last few years proven .IN Is “The Most Under Valued” extension , what it means It gives huge opportunities for the investment.
ow many here know the premium .IN Domain names are all moving to china from last few months?
Any one wanna explore the investment opportunities , feel free to contact me privately for additional information.
Hemant says
Come on…don’t give a bad name to Indians by promoting like this.
Kevin says
Selling domains with big price tags has always been and will always be a lot of hard hard work period! It’s an intangible asset.
High price domains are my special area of focus and I will tell you it doesn’t matter if you’re selling a .com or a .whatever, at the end of the day, you need to know how to find prospective qualified buyers, and then how to pitch, how to negotiate, and how to close the deal above all else.
When you are a grand master salesman the product is irrelevant. As DJT has shown the whole world, it’s all about The Art of The Deal.
Xavier.xyz says
I just sold 3 domains in 30 days on Brandbucket + 1 on afternic.
…
Michael Anthony Castello says
I sold a 5 word .com last week. I’ve gotten a lot of offers the last few weeks. I have to post this one though. Its pretty funny:
==============================
Hello,
I am making a film entitled VIRTUE where I interview 30 celebrities and there charities and discuss why they do what they do. I hopes to send a message to the world. I am doing this entire project for zero money. All people that are being part of this are doing this for the cause. Would you be willing to donate virtue.com for the cause?
Should the film make money we will give $10,000 for your domain to the charity of your choice. But no one on this project is to receive a single cent as that is not the point of this.
The Universe works in mysterious ways.
Jayson
Mo says
@Rick- I have been following your words of wisdom for quite a few years. You have always been spot on.
I am worried and somewhat perplexed.
On the one hand you said that you bought this year more names than in the past. However, if you think the market is getting to its peak, then why do that?
Obviously I know buying names is habit that is hard to break 🙂
Nonetheless, since you already have lots of great names that can still be sold why buy others even if they are at such a great discount?
Also you mentioned not long ago, that only now slowly companies are getting smarter about domains and their value and that you see at least another five years if not longer. I realize that you are entitled to change your perspective…but nonetheless, would appreciate it if you could elaborate some more.
I also used to believe in Franks saying that as long as email exists so will domains be needed. Do you think that is going to change?
Would love to hear your thoughts.
Best,
Mo
Josh says
So he continues to buy names at a good pace/tells everyone end users drying up LOL
He is literally running out of stuff to say… or at the least had a bad day.
No real news here at all from him because he contradicts himself.
Rick Schwartz says
@Mo
There is a difference between domain registrations peaking and existing domain names. It could benefit domain investors if the secondary market eventually overtakes the primary market at least in $$ volume. That still may be many years from now, but within sight. Akin to selling new homes vs existing homes in the real estate market.
As far a s registering new domains. I am a domain name addict. I can’t stop myself. I like meaningful domains that are cheap. The market is soft. I see that as a buying opportunity. I do better buying domains than any other investment. So I decided to put $$$ into domains instead of more stocks. I still believe at some point there will be an awakening for the power a great .COM domain name can bring. Plus the market changes and I want to make sure my portfolio is well balanced and well rounded.
@Xavier, your post would mean something if you listed the domains with or without prices. Posts like that don’t have any value and they really don’t move the ball forward or help your cause. That is why I have always been very public about my sales. To establish value. To demonstrate to those that still don’t understand the power of a domain.
John says
Here is part of the problem now:
THE COUNTRY HAS BEEN DUMBED DOWN ABOUT DOMAIN NAMES SINCE THE 1990’s, NOT THE OPPOSITE.
GOOGLE IS THE BIGGEST REASON FOR THIS. AND THEN THERE’S MOBILE.
It’s easy to think people have been more “educated” all these years and all these Super Bowl commercials later. But no, things have gone in the opposite direction despite all that time and advertising.
ONCE UPON A TIME, people knew about domain names and typed them into their browser. Now they think about domain names even less than they did in previous years, to the point of virtually forgetting or in some cases definitely forgetting how to even use them at the most basic level.
I could elaborate further, but it seems there would be no need here.
Josh says
What?
Honestly so bewildered at this I am nearly pissing myself laughing.
Kevin says
60% of Internet engagement is done on Mobile platforms now, and mostly through APPS. Then you have monster eyeball consumption sites like Facebook consuming the bulk of the desktop/laptop/pad platforms.
And those too have started to be consumed by APPS.
Also the advance of Intelligent Assistants has reached the point where you don’t need to type-in anything to get to or get info. You just ask Siri, or Cortana, or Alexa and they talk the information to you. No need to even go to a website anymore in most cases.
Computer Engineering Scientists have already developed the working hardware to insert a computer device directly into the human mind which means within the next 10 to 20 years you won’t need a physical phone, laptop, etc anymore. Your brain will always be connected to the Net and the keyboard and mouse will be things of the past.
Domain names are only needed for easy to remember website brand label recognition purposes. The reality websites are connected to via their numeric IP address. Once people have a powerful computer operating along side their brains, domain names will become a thing of the past.
John M says
Interesting post. We own Internet of Brains.com for this exact reason. There’s a great white paper written by an Australian PHD on this exact subject. In it he feels that IoB will exceed the size and scoop of IoT.
Biff Cantrell says
So all I have to do is look in my bathroom, have a thought, and BATHFITTER.COM will arrive to install a new liner over my existing tub…
Josh says
Yep no eye balls required, just a thought, forget speech even, mind you questions still require blinking 3 times with right eye and once with left.
Domain says
Good one JP, What drugs were some people doing before they commented here.
Kevin says
One day it will be like Matrix. You’ll have instant access to all the world’s knowledge.
Assuming of course, the human like Robots and incredibly powerful computer networks controlling everything don’t decide there is no longer a need for Human Beings on this planet.
LOL. Sadly with the plans ahead for robotics that day will come too.
Josh says
Heck at this point why not just say Elon Musk is right and we are all in just a simulator or in someone’s game, nothing is real man so no need for dot com LOL
Our brains will talk to the web
The web users today no longer knows what a domain is any way
yada yada yada
This thread made me laugh today because even when the wacko’s got a “real” domainer someone with real assets to start to agree with domains are dead even that “real” domainer started talking out of both sides of his mouth because after all he doesn’t truly believe domains are dead or will ever be in their life time. Actions speak louder than words and it is no coincidence the wackos own some really crappy domains for future tech and the guys/gals with solid assets are being nice but still not 100% on board with their actions.
Rich says
half the time, the app is not functional, I have to go to the actual web page to complete my request via my mobile if using one. Still using laptop for functional requests beats a tablet.
Michael Anthony Castello says
You are correct John. The foundation for domain names would need a fundamental shift in moving the power from the top, back to individuals. Currently domain names are seen as just another form of marketing and not instrumental to future success. There is a lot of power in those domain names but the monopolies have worked hard to cull the consumer herd over the last decade. They can not stop it’s importance to the one’s future, they can only slow it down. Somehow we need to personalize domain names; whereas domain names are people.
Mark Thorpe says
The problem is that some parts of the global domain Industry are starting to mature, while others are not.
China and India still have lots or room to grow in regards to new domain puchases by end-users.
Startups in the US, Canada and Europe will continue to upgrade to .Com from .Co or from another domain extensions as well.
As for domain resellers, there are a lot more domainers now than there used to be, like it or not.
Resellers are buying .com names from other domainers now, for prices that end-users usually buy them at.
So this has increased prices on the aftermarket and is creating a new floor and making .com domains more liquid than before. So in a way it’s a bad thing, but also a good thing.
Domaining has truly gone global in a big way.
It’s almost like we are in a second leg in a stock bull market.
Emerging countries and startups are getting on the domain bandwagon and pushing domains higher.
I also think the 2008 Global Financial Crisis has something to do with it, especially with FinTech, Bitcoin and Blockchain.
People are fed up with corporate greed and are taking their lives into their own hands, instead of being told what to do with it.
The 2008 crisis created a generation of people who are creating their own business and wealth, instead of trusting Wall Street to do it for them.
I personally think the stock markets could be a lot higher than they are right now, if not for all the venture capital being poured into startups, Bitcoin, Cannabis etc.
It’s like a reboot of the mid 90’s all over again, just in a more modern way and with different ideas and expectations.
Mark Thorpe says
People are also trading domains like stocks and creating domain markets as some of you already know.
With owning domains, you are the only owner, when buying stocks, you are not the only owner of the security.
It’s one of the main reasons why I prefer owning domains over stocks. Been burned too many times with stocks and mutual funds.
I am in complete control when owning domains, as i am the buyer and seller, not just the buyer like stocks.
Michael Anthony Castello says
Simply true Mark, but complex to many others. The logic of the internet is built on IPs/domain names. We think in words but domain names ignite that thought into a defined creation that others can immerse into. It matters because we need, as individuals, to own or grow our virtual future into something we can control. Otherwise we give away, that which was the greatest advancement to humankind, to corporate and state-run agencies for what they consider “our betterment”.
Drexl says
What you’re talking about is brand. Or power of brand specifically, which can be (currently) embellished by an effective domain name. But as search behaviours and technology become more advanced, the physical need for the domain name will diminish. After all, a domain name is only a connection to the brand. An emotional manifestation of numbers and IP addresses is a beautifully romantic notion but it’s the power of the word, brand or name that matters, not whether it’s incorporated into a domain name or not.
Michael Anthony Castello says
Your mindset is exactly what I commented about in the post above this one.
Shiva says
Mark, you are spot on. I am researching about Indian market closely… India has lot of growth potential ahead.. India has just around 7 Million domain names.. India will add at least 25 to 30 million domain names by 2030… India was too slow until 2015, but the momentum kick started in last 1 year and will continue at least for next 15 years or so.. its a growing market, its hard to ignore a growing market..
Rich says
Economies of scale, what does the avg buying power of a educated, employed indian?
We have seen China open up their wallets, India not so much, they love a good bargain, but one word .com’s for $100, I don’t think so.
Shiva says
Is China opened their wallets 4 to 5 years before? India is similar stages , IMO. around 2020 India will produce a massive demand in domain names.
joe says
I find more than 100 domain names every day. COM new that in the period of 9 months with an own advertising and a traffic of own users of less to more would reach each month 1 Milllon of visits and the click that each one wish to make keyword to $ 5 of Average and with strategy well planning and Users can make money every month as if they were editors.
Innovation is what will cause this market to re-emerge and not fall over the years the domain name. COM is always the best there is no past in this extension there is much future and much value.
Today I have let Godaddy expire 4 domain names with gTLD extensions and because easy to understand I have been a year in auction in Flippa and no investor of domains and domainers has wished not to bid for keywords of 3 and 4 characters the problem debio Be they were not XYZ and CLUB, I still have these last and I will let it expire because I prefer to buy domain names. TLD expired with traffic from visits and earn much more money than renewing GTLD.
William says
Weaker new registrations with increasing aftermarket demand for .com’s probably means the premise of gtld’s is correct, all the good .com names are already registered. Now companies need to purchase names from other owners instead of finding a registrar. Since most aftermarket sales aren’t public, we may not be able to tell the full extent of the transition.
Kevin says
Out of the thousand so far, there are a single handful of really meaniful and practical gTLD’s that are going to surprise everyone.
Don’t count out the gTLD’s yet. With the great marketing minds, the large capital guys funding some of these select extensions have in play, and a bit of good luck, great successes an be achieved.
Rich says
The GTLD operators are not putting money into marketing anymore, because it is not yielding anything back, majority of gtlds are at 99 cents now, nobody cares anymore.
Rick Schwartz says
Only the strong gTLD’s can get 99 cents. The rest are or will be down to a penny.
RaTHead says
stop! i am gonna trademark 800king and buy flowers.mobi for $2.99. i’ve be watching you.
franka says
“”That means you will die before you sell all your domains.””
I better hurry up ,being 70 years old with 2000+ domains
John says
Imagine this scenario in 2017. You’re talking to a friend or relative on the phone who is not a domain investor or publisher like you, just a “regular person,” but they know you are into it:
“Bill, I registered this great new domain and put a site up on it. I want you to check it out now.”
“Okay, I’ve got my computer on and am online, what is it?”
“Go to ExampleExample.com.”
“Okay, I’ll do that now…. Okay, I’m seeing adporihjeaioerhnjpe.com, SOIQWE;KLNHAG;D.COM, fRUMPYmUMKINS.COM, ETC. Is one of them it?”
“No, ExampleExample.com.”
“I did that, but I can’t find it.”
“Are you typing it into your address bar?”
“Yes, I’m typing it in.”
“But are you typing “ExampleExample.com” into your address bar? What are you doing?”
“I’m typing it into the bar and then clicking, and those things come up. But I don’t see yours.”
“What are you using Google?”
“Yes”
“Are you typing in the Google search box, or the address bar? Do you know what the address bar is?”
…………………………… AND SO ON (WHEW!) …………………………………
Because all these years later, PEOPLE DON’T KNOW THE YOU-KNOW-WHAT-FROM-THEIR-ELBOX anymore about these things, even smart educated people.
At this point in the conversation, there may be some really exasperated begging and pleading on your part just to get the person to comprehend what you are saying and to cooperate – just so they can see your nice new site because it’s not indexed yet, and it’s not going to show up if they do what people do – which is type in the Google search box.
You might try some of this begging and pleading only to get this:
“No, this is how I do it. I’ll do it again now…”
Then finally after a while, unless you give up, you may actually get somewhere and get them to realize what you are talking about. You may even be able to confirm finally that they in fact know what they address bar even is.
————————————————————–
AND THAT IS WHAT IS HAPPENING ALL THESE YEARS AND SUPER BOWL COMMERCIALS LATER.
But what was happening already in the 1990’s?
People were typing domain names into the address bar and visiting them, and they knew to do that.
King Rick was making ~$2,000 a day because so many people were doing that with a domain that you would hardly even ever think of today, which was ebid.com. How do I know that. He was interviewed for a very old book and he said so himself, describing it as an “oil well.”
Now forget it. If you say, “Go to Example.com” now, and it happens to not be listed on page 1 of Google, then say goodbye to your traffic as it goes to the competitors they find when they type it into the search box instead of actually “going to” Example.com.
Rick Schwartz says
Sometimes I am inclined to call an asshole an asshole. But I don’t have to do that much anymore. Assholes stand out on their own. lol They can’t stop themselves. They take every opportunity to be an asshole. Luckily only one asshole on this entire thread. 🙂 I won’t mention his name…..YET!
Rick Schwartz says
@John
The eBid.com success was mainly because of a program called uTrade.com. It was really fantastic. I was the #1 affiliate in the world. They listed affiliate earnings publicly each day. Then Barry Diller bought it because it was a threat to his auction platform. Disconnected and buried! 🙁
John says
Interesting. Thanks for elaborating on that, never knew. Reading about you in a book was one of my earliest experiences in the domain investing world after I joined the party late in 2001.
And the scenario I described above is all too real and shocking now, and taken exactly from what I have encountered with people. In fact my account there is actually tamer than how it has sometimes played out in real life. I think it’s indicative of a very serious problem now. We’re talking people having basic knowledge that they used to have practically burned out of them by the likes of Google and other “anti-domain” phenomena. I don’t care if Google has a seat in that whatever it is domain organization (sorry, I really don’t know it’s name 🙂 ). This is just the reality of it, and a systematic warfare on the domain name sure seems pretty deliberate on their part too. People in the industry also simply seem afraid of them. And they’re just one factor.
Rick Schwartz says
@Kevin,
“Out of the thousand so far, there are a single handful of really meaniful and practical gTLD’s that are going to surprise everyone.”
That is probably true. However MOST domainers will go broke looking for that needle.
Kevin says
Yes that is for sure. I think most go south because the strategy for majority of domainers especially newer domain investors has been to buy and flip. Fewer buyers out there. Too many sellers.
Agree on gTLD’s. Maybe only 1 or 2 will end up with long term viability.
.Coms will always be the best investment. Solid gold. Trillions of $ spent on advertising, marketing, branding .Com over the past 2 decades. No other extension can ever touch that power of capital investment that’s been made in ever form of media imaginable.
John says
And I hate to say it, but from the depths of my “pathogically honest” place, I really feel and believe that .Web is a bit “anti-climactic” and cannot compete with .com.
John says
That’s not to say it’s not good, though.
Joe says
Rick Schwartz writing what he thinks in a tweet about the domain names from Nampros, is to give you a lot of reason after seeing and reading the comments and counter-answers of each other.
It is the best strategy that has been able to use the great pioneer Rick Schwartz to know our reaction to a brief tweet.
I really agree with everything even if we start over again.
Since falling for a tweet like a herd of buffaloes in stampede is what Rick has gotten from us, who wins out on the one who always provokes the truth.