As someone who runs a domain sales newsletter, observing the discrepancy between selling new gTLDs and selling dot coms is truly fascinating.
People are, for example, crazy about LLLL dot coms at this point. Extremely easy to sell, ridiculously easy. If someone contacts me via email and asks me to sell some LLLLs at the current market price, I can run the domains in question by a few buyers on Skype and have them sold in minutes. Literally minutes.
On the opposite end of the spectrum, I tried selling Blogging.Services for 50 bucks.
Seems like a decent enough domain, not spectacular by any means but come on, 50 bucks?
No bites.
I then tried selling for 35 dollars.
Nada.
Then 25 bucks.
Crickets.
As someone who runs a popular blog and newsletter, I get to take a look at quite a few portfolios and I’d venture to say that the average new gTLDs owned by most domainers aren’t as good as Blogging.Services. Again, I’ve seen quite a few portfolios, it’s not like I’m talking based on a data set of 10 domains here.
I’m telling you, the numbers just don’t add up for domainers.
There may very well be success stories, I’m not saying doing well with new g’s is impossible but out of all the awesome investment opportunities people currently have, I fail to see why anyone would consider new gTLDs attractive.
October 8th, 2015 at 2:10 pm
Apples and oranges comparing that to an LLLL. bloggingservices.com would sit on the shelf at the same price.
If the name was cleaning.services you’d have wrapped it up in a single cold-call
October 8th, 2015 at 3:32 pm
Sorry, Just to many options out there, I get daily spam from regisration companies saying $1 happy hour registrations, so much crap out there, stick to .com, liquid, in demand, noise does not matter.
October 8th, 2015 at 5:08 pm
I agree with BT. I don’t think the problem is the domain extension. It is not a bad name, but not one that appeals to a lot of business owners. There are not very many companies that offer blogging services that don’t already have a decent .com domain.
October 8th, 2015 at 5:19 pm
End users will often get creative to avoid paying more than reg fee for a .com. they will use hyphens, numbers, abbreviations etc. So nTLDs are going to have to wait a while before every possible reg alternative I hundreds of competing extensions is taken before a meaningful aftermarket will develop. Can you afford to pay renewals without sales until then?
October 9th, 2015 at 12:20 am
Seems like a decent enough domain, not spectacular by any means but come on, 50 bucks?
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The term isn’t great. It would be worth something in .com (couple of hundred dollars), but by no means is this a decent domain.
October 9th, 2015 at 10:03 pm
I can certainly see a ton of drops in probably all the news gtlds after owners hold for just a year and get practically zero traffic let alone offers.
For example sedo has 40,462 dot clubs parked and perhaps only 100 have a bid.
The only ones to make huge $ will be the registrars as usual.
4 l .com will soon disappear then 5 l com & so on as its inevitable that comes will always reign over all the trendy gtlds hoopla!
Mind you I feel Geo tlds like .Miami may have its time, I hope !