Wow, this could be interesting!
140 kph
$200K Domain Suffixes
See Anick Jesdanum's MSNBC article on the ICANN's plans to start accepting bids for new suffixes. I have heard many of you lament that all the good .coms are taken, so why not buy .porn or .awesome or something. They may well be marketable, but at $200K, the ROI better be great!
50 kph
Wow, this could be interesting!
140 kph
Apparently just to the two of us...
50 kph
haha!
70 kph
I personally hate to see the domain name space junked up even more, but from a business perspective this looks like a once in a lifetime opportunity.
One opportunity is registering .awesome (or whatever you think would be in high demand) and then selling domains under .awesome (like JohnIs.awesome).
Another big opportunity that ICANN may or may not block is typos. Imagine if you controlled *.con or *.vom and could redirect all mistyped .com queries to a page full of ads. It's already being done with .cm (the country extension for Cameroon) and they must be making a killing!
Personally, I think that people who do things like this are junking up the internet and I don't' like it. However, you can't argue with the business case for it.
140 kph
I totally agree with your argument about web-clutter. I read about a term for unwanted or abandoned stuff online -- it's called "dotsam and netsam." Clever, eh?
the more junk, the more valuable .coms will be.
Seeing these new extensions makes me all that more certain that buying quality .coms is the way to go.
140 kph
Why is that a reasonable assumption? .Com is the standard, only because it was first. There is no reason some other suffix can't zoom past .com with the right marketing and timing.
Wasn't there talk of a mandatory .xxx for porn a while back? What ever happened to that?
Branding is about owning the real estate inside people's heads. Being first is often a very strong determining factor. McDonald's owned a lion's share of "fast food" because they were first.
.com domains own the brand "website" inside the vast majority of people's heads. The more of these crappy .blah domains there are, the more and more people get confused and retreat back to .com.
.net and .org are much less prominent these days than they were 3 or 4 years ago precisely because of the dilution of the market in extensions. The more dilution, the more flight to safety or stability, which will be .coms.
Of course that's true, but so is saying that another search engine could take over Google's market share. Once a brand becomes synonymous to it's market or service (Google = search), it takes a massive effort to displace it.
Last edited by Jonleehacker; Oct 31st, 2008 at 07:39 PM. Reason: added more brilliant wisdom :)
140 kph
^Superb retorts. I totally agree with you.
...except, it sounds a bit like an old Englishman in the 1600s saying, "Bah, America will never amount to anything. Why would you want to own land over there?"
There WILL come a time when every .com that can be remembered without writing it down will be taken. At some point, we'll have to move off the mainland.
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