1. Welcome to DNTrade. If you want to find out about the latest domain name industry news or talk, share, learn, buy, sell, trade or develop domain names - then you've come to the right place. It's a diverse and active community, with domain investors, web developers and online marketers - and it's free! Click here to join now.
    Dismiss Notice

200k is a bargain. Does this make geos overpriced

Discussion in 'General Chat' started by Billy01, Mar 9, 2012.

  1. Billy01

    Billy01 Membership: Community

    Joined:
    Sep 10, 2009
    Messages:
    485
    Likes Received:
    1
  2. DavidL

    DavidL Membership: VIP

    Joined:
    Jun 18, 2008
    Messages:
    2,613
    Likes Received:
    19
    auDA Member:
    Yes
    Why geo's particularly?
     
  3. Billy01

    Billy01 Membership: Community

    Joined:
    Sep 10, 2009
    Messages:
    485
    Likes Received:
    1
    Capital cities

    For example London buys .London as the city would have claim to it and that becomes the default that a generation know
     
  4. acheeva

    acheeva Membership: VIP

    Joined:
    Aug 2, 2011
    Messages:
    327
    Likes Received:
    29
    Local Council Bonanza

    Yes; you could imagine local councils around the world "commercializing" the name and $200K is nothing more than the cost of a good party
     
  5. snoopy

    snoopy Membership: VIP

    Joined:
    Jul 14, 2010
    Messages:
    4,361
    Likes Received:
    1,629
    Not sure I see how 200k is a bargain, I'd call it "overpriced" for something nobody understands.
     
  6. snoopy

    snoopy Membership: VIP

    Joined:
    Jul 14, 2010
    Messages:
    4,361
    Likes Received:
    1,629
    I can imagine some councils signing up, only because councils tend to be keen to waste money and often aren't fully aware of what they are getting into.

    Private business some will, personally I think it will be a .co like situation. .google might be cool, but it isn't logical.

    iinet will have worse problems in my view compared to an american company. iinet.com.au, .iinet.au, www.iinet, iinet.iinet, .iinet? How the heck are people supposed to find their site with that extension?
     
  7. Billy01

    Billy01 Membership: Community

    Joined:
    Sep 10, 2009
    Messages:
    485
    Likes Received:
    1
    What u think Snoopy

    With so many bankrupt councils and cities across the globe ask a kid in 2 years about .Paris

    Tablets werent around 24 months ago

    I think they might have caught on
     
  8. payattention

    payattention Archived Member

    Joined:
    Feb 26, 2011
    Messages:
    689
    Likes Received:
    20
    Most people still default to .com - even if a website is .net .org or .info, it's not surprising to hear people add on a .com instead.. adding .london is only going to add more confusion and gives people more reason to stick with .com when visiting websites.

    People talk about new generations but they're even stupider than the one that come before it and won't use .london or similar extensions. The path of least resistance is .com and that's not going to change no matter how fancy your extension is.
     
    Last edited: Mar 9, 2012
  9. Billy01

    Billy01 Membership: Community

    Joined:
    Sep 10, 2009
    Messages:
    485
    Likes Received:
    1
    I agree on one thing for sure they are dumber

    I've had interns working for me that use Google to get to Facebook
    You just have to shake your head and walk away
     
  10. snoopy

    snoopy Membership: VIP

    Joined:
    Jul 14, 2010
    Messages:
    4,361
    Likes Received:
    1,629
    Personally use search engines a fair bit to find websites I know the domain for, not sure it is any slower really.
     
  11. johno69

    johno69 Membership: VIP

    Joined:
    Nov 29, 2008
    Messages:
    2,663
    Likes Received:
    422
    auDA Member:
    Yes
    I agree. Especially Google's "I'm feeling lucky".
     
  12. Billy01

    Billy01 Membership: Community

    Joined:
    Sep 10, 2009
    Messages:
    485
    Likes Received:
    1
    Either way they win

    They have received 200k in PR
    They aren't silly
     
  13. DavidL

    DavidL Membership: VIP

    Joined:
    Jun 18, 2008
    Messages:
    2,613
    Likes Received:
    19
    auDA Member:
    Yes
    More reason that what? The current status quo?

    The argument (I'm not saying this is what you mean, Jonathan) that these new TLDs will make .com stronger doesn't make any sense at all.

    Oh and FWIW, .com is only the default for America and a few other countries. In general the local ccTLD is the 'default' extension.

    PS - iinet should have bought i.net.au and rebranded years ago. Instead they tried to threaten the bloke into giving it up who rightly resisted. Being the only business in Australia with a single character domain name would have been a nice branding exercise for an internet company IMO
     
  14. payattention

    payattention Archived Member

    Joined:
    Feb 26, 2011
    Messages:
    689
    Likes Received:
    20
    It's continued to maintain the status quo even with the addition of new extensions, why would .london or any other change it? If people see olympics.london advertised, I think it's pretty likely they'll just append .com to the end of it, browser will return an error and they'll get the SERPS instead if their ISP is dns hijacking (Bigpond for example).

    If such extensions won't work for type in traffic (which is likely), why bother using them at all? People couldn't even get oo.co right and went to oo.com instead and that's only 2 letters. Your average surfer doesn't know or understand anything else than the top tier extensions anyway. That lack of understanding transcends all age barriers, it isn't just an old person thing, young people do the exact same thing.
     
  15. DavidL

    DavidL Membership: VIP

    Joined:
    Jun 18, 2008
    Messages:
    2,613
    Likes Received:
    19
    auDA Member:
    Yes
    Don't disagree at all. I think the nTLDs will be a complete confused failure from a usage POV. An expense for many businesses (through defensive registrations) and will burn a heap of domainer's cash. The registrars and particularly the registries will clean up though.

    My point was they won't actually strengthen the value of the current dominant TLDs as some people argue
     
  16. payattention

    payattention Archived Member

    Joined:
    Feb 26, 2011
    Messages:
    689
    Likes Received:
    20
    I think it's failure strengthens .com because it reinforces the idea that .com is king. If I owned london.com, my asking price would increase if I knew potential bidders just dropped 200k on .london.
     
  17. snoopy

    snoopy Membership: VIP

    Joined:
    Jul 14, 2010
    Messages:
    4,361
    Likes Received:
    1,629
    Why would a small news story in the marketing section of the paper be worth 200k?
     
  18. snoopy

    snoopy Membership: VIP

    Joined:
    Jul 14, 2010
    Messages:
    4,361
    Likes Received:
    1,629
    i.net.au? not sure how that makes sense for them. Wrong tld, wrong keyword, unless they want to be called "i". o.co all over again in my view if they'd decided to use that.

    They've got the right domains now I would say.
     
  19. snoopy

    snoopy Membership: VIP

    Joined:
    Jul 14, 2010
    Messages:
    4,361
    Likes Received:
    1,629
    I don't think it would translate into increased demand. Personally I think new tlds will have a minor negative effect on dominant tlds and a huge negative effect on the other new and rebranded tlds.
     
  20. DavidL

    DavidL Membership: VIP

    Joined:
    Jun 18, 2008
    Messages:
    2,613
    Likes Received:
    19
    auDA Member:
    Yes
    Agree

    Disagree - too late now but it would have made a great unique brand 5-10 years ago when they looked into it.

    Agree


    2 out of 3 aint bad.

    Don't see the logic- you've just admitted that your biggest and best most likely buyer who presumably has known that the domain london.com has existed for 20 years has just committed to something else.

    Surely this translates drop in demand for the domain doesn't it?

    And if .london ends up being a nightmare for them, they will be totally burnt by the idea of a new domain and revert back to their london.gov.uk or whatever they used before.