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new TLD'S "Failing" and drastic price discount

Discussion in 'Domain News' started by DomainNames, Mar 24, 2017.

  1. snoopy

    snoopy Membership: VIP

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    The two state governments would have blown many millions on this. Wouldn't surprised me if it was $5-10million each. Maybe someone can do an FOI request?

    They have spent a lot promoting it, fees to the registry, Icann, staff costs. Imagine Boardman's salary, he was on the staff of .melbourne. The very frequent radio ads alone would have cost a fortune.

    Ausregistry played this one very well indeed.
     
    Last edited: Jul 22, 2017
    DomainNames and neddy like this.
  2. robert

    robert Membership: Community

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    auDA Member:
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    I know this is hard to believe, but I have just had an Australian company ask me to buy them a .Vision domain name.
    Don't worry, I know...
    I contacted the guy in Russia who owns the name and...
    [drumroll]
    He wants $25,000 US for it.
    .Vision appears on https://ntldstats.com/ at Number 255 on the ladder !!!
    It's THAT good...
    My counter offer is $400 US
    I'll let you know what he comes back at...
    I've told my client I think he's better off with a .com.au or even a .com, but . . .
     
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  3. findtim

    findtim Membership: VIP

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    i bet he'll take the $400 but you'll never get the domain LOL.
    tim
    the first .com i ever bought and it was my 2nd domain purchase was from an american, 2001 $700 so that was good money back then i think?
    anyway i paid and then NOTHING, 16 emails later , many promises and NOTHING, finally after 12 months i sent him an email.
    " happy birthday ! , you have now had my money for 12 months but i don't have the domain"

    i got the domain about 2 weeks later :)
    i seriously thought i'd done my money. a few years later and i still didn't know about domaining or drops or dnt/nf/drop the domain dropped because of an email stuff up by me and thus its gone......... ohh well ! live and learn, it wasn't a GREAT domain, just one i liked at the time.

    tim
     
  4. robert

    robert Membership: Community

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    auDA Member:
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    Escrow.com Tim.
     
  5. findtim

    findtim Membership: VIP

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    no, like i said it was my 2nd domain ! i hardly new what paypal was LOL, i think i actually paid him with a bank cheque i posted to him !!!!!!!!!!!!! how stupid !
    tim
     
  6. robert

    robert Membership: Community

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    auDA Member:
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    We all start somewhere :)
     
  7. DomainNames

    DomainNames Membership: Community

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    PLEASE do not buy that .vision name for them even at $400. Get them to invest in a .com.au or .com or as you know they are pis^ing their money and their reputation away. In your position you really would have an obligation to advise them against it and why etc. In many cases they will not know what you know or the failure stats or reputation risk of a crappy extension to a company etc
     
    snoopy likes this.
  8. snoopy

    snoopy Membership: VIP

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    eBranding.com.au and DomainNames like this.
  9. snoopy

    snoopy Membership: VIP

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  10. snoopy

    snoopy Membership: VIP

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    Email I just received. Desperate!

    Screen Shot 2017-09-01 at 12.47.46 pm.png
     
  11. snoopy

    snoopy Membership: VIP

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    By the way, the "sale" price being offered was $6.95, a claimed 90% discount, and still both .melbourne and .sydney are seeing no growth.
     
    DomainNames and eBranding.com.au like this.
  12. Blue Wren

    Blue Wren Membership: VIP

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    ...because they're rubbish.
     
  13. snoopy

    snoopy Membership: VIP

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    yep, no amount of promotion or price discounting looks like it will help.

    Many millions wasted by state governments promoting these two extensions for under 20k in total registrations. At least they have stopped the radio ads.
     
    DomainNames and eBranding.com.au like this.
  14. snoopy

    snoopy Membership: VIP

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    DomainNames, Scott.L and Bacon Farmer like this.
  15. eg73

    eg73 Membership: Community

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    auDA Member:
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    It's an enormous uphill battle for any new extension. They need constant marketing. Think about a .car domain? well you need to think about obtaining .cars .auto & then there's .com or .com.au (& impending .au) typo redirect.

    The more similar extensions that are released to your market segment the harder it is to stand out..
     
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  16. snoopy

    snoopy Membership: VIP

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    Yes, and then some of those are very expensive. Imagine the shock when you learn some are $3500 per year or when your names get repriced by the registry.

    Screen Shot 2017-09-20 at 4.15.08 pm.png
     
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  17. DnEbook

    DnEbook Membership: VIP

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  18. DnEbook

    DnEbook Membership: VIP

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  19. snoopy

    snoopy Membership: VIP

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    Yeah I know someone who can see them a complete (used) Monorail!

    The seller is the same guy who bought the .sydney extension so I can probably put them onto the right people.
     
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  20. eg73

    eg73 Membership: Community

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    DomainNames and DnEbook like this.