So Jason Thompson who I like and respect took umbrage with something Toronto Domainer wrote with regards to new gtlds. I read Jason’s article and where I agree with him that new gtlds can certainly be a part of a portfolio, I am not going to say should because I don’t know the risk tolerance and investment goals of each domainer out there.
There was one line Jason wrote that I actually read three times, because I was not sure my eyes were working. “What some are referring to as dot crap can also be looked as being a huge opportunity. If you don’t see the huge opportunity, then you just might miss the next wave which has crippled the so called .com industry to its knees. Even Toronto Domainer sees the impact that the new gTLDs are having.”
.Com is on its knees ? I mean there is hyperbole and then there is a conversation jumping the shark. First off if .com was on its knees every other extension better reach for depends adult diapers because they are going to poop their pants.
The majority of all sales reported retail and wholesale are .com. People are regging 6 and 7 number .coms in big numbers. There are alt extension like Jim Holleran who posted they went out and registered 1700 six number.coms.
There is money to be made with great new gtlds, but it is tricky as you need to buy right and not get caught into overpaying a premium to a registry where guess what ? YOU are the end user, there is only an outlier chance of reselling for profit. You need to be in strings where you can get the good stuff cheap to reasonably cheap. I own some new gtlds, I have made money selling them, one sale covered all my new gtld exposure, but they are high risk and everyone should understand all the market dynamics in play.
99% of what you read on every blog is opinion and not fact, in my opinion .com is certainly not on it’s knees.