dot.com crisis became a household word, after the popular .com extension. But there have always been others like .net, .org and .biz and that´s without counting the more than hundred country specific names.
These last one could be used in a creative way like fun.at (Austria) , fix.it (italy) and of course YouTu.Be (Belgium). However there was still a limited set which made good domain names valuable as it was easy and affordable to buy the alternatives as well to protect the main domain.
This year we will see hundreds of new so called tld´s. The list is almost endless and the expectation is that geographical names like .amazon will just be bought by the company with that name.
However Sex.com sold for over 10 million dollar while sex.io (one of the more recent extensions) never got popular. So will ´classic´ domain names lose their value or will the public treat new domains just like they always did with .biz: ignore them or at least consider them to be low quality sites? #Tech
‘I have a domain name to sell you’ is a terrible business proposition
In the future, sitting on domain names just won’t be that profitable.
I don't think .com domains will ever lose their priority position over any other TLD…
+Max Huijgen, I'm glad you posted about this. I have been paying attention to these new TLDs that are to launch, for the past year. Domain name hacks will always be the most valuable. Certain TLDs will be more valuable than others. All I know is I will be investing in some *.nyc, *.shop, *.web, and possibly some sports or horse or oneword.EVERYNEWTLD if the word is good enough.
.co never became the success GoDaddy predicted +Filip H.F. Slagter so I´m with you.
I think custom domains will remain too costly for some time and will create a huge assymmetry in the business environment, between the Haves and Have-nots [paraphrasing something I read about, will create jobs – for lawyers, marketers and others – but little extra value, since content is key]
.mobi has never been successful and I don't understand why.
+Jean-Marc Luna .mobi was based on the idea that there would be an alternate reality where normal sites would have equivalents made by others for mobile users.
Responsive design killed that idea.
Plus, .mobi sounds horrible. Furthermore, subdomains like m.domain.com or mobile.domain.com make much more sense since people don't have to remember yet another domain and website owners don't need to purchase another domain just for a mobile version.
+Max Huijgen, you are right, our life is full mobile but mobi is dead. I looks forward to a breakdown of G+ (eater of time) to re-built my site in responsive design 😉
Can't see the traditional tld's loosing value or the new ones ever really gaining value. If you're going to guess at a domain you're always going to go for .com or the country of origin such as .co.uk. The new ones will probably for the most part just add some fun or make it a bit more personal for the owner. Afaik for business all its really going to do is drive costs up as they buy all the different ones trying to protect their brand, even if they are only a few euros each.
+Mark McKinlay perfectly said. Not even old ones such as .net are that popular these days.
Domain name investment is no longer financially viable.
Domain name investment is absolutely financially viable. The orders of magnitude of monies earned is smaller.