Sorry, but you're going to have to pay me to take this domain name (1.Viewing)

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  • Topic Starter Topic Starter LovelyLynda
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LovelyLynda said:
These premium renewals are insane
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These greedy registries are literally pissing in the pool and killing the domain business. I can't count the number of times a potential buyer has inquired on a .COM/.CA/ORG/etc. and their first question is "what is the renewal rate?".

In a logical world run by normal humans, that shouldn't even be a question.
 
I don't get it, why not charge a reasonable price and keep the customer for years instead of big renewals that just makes people look for alternatives...or disable auto-renew

I mean, .COM is king at $10 per year, what makes the new kids on the block think they can play this game?
 
Spex said:
I don't get it, why not charge a reasonable price and keep the customer for years instead of big renewals that just makes people look for alternatives...or disable auto-renew

I mean, .COM is king at $10 per year, what makes the new kids on the block think they can play this game?
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Greed
 
Spex said:
I don't get it, why not charge a reasonable price and keep the customer for years instead of big renewals that just makes people look for alternatives...or disable auto-renew
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Maybe because their customer base isn't increasing, so this is their bizarre method of creating a short-term spike in profits? After all, they are clearly hoping registrants don't notice the price increase and then enable auto-renew from habit.

None of these new-gTLD registries are doing very well and most are bleeding money like mad. I guess this way, there is a short infusion of cash so all the execs get their bonus this year. But it definitely comes with a long-term cost and a lot of these 'premium renewal' nitwit-registries won't last long.
 
silentg said:
Greed
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No one could have possibly seen this coming... 🤣

Back from 2012 -

interviews - Interview with Brad Mugford - owner of DataCube.com

4. The new gtld's have been pushed back even further into mid 2013 and possibly 2014. Do you feel they will saturate the market driving values of other extensions down or do you feel current extensions will retain or increase in value, and if so why?

The program was not passed by popular demand, or for the greater good, it was passed to make money. I see the entire program as a solution to a problem that does not exist.

Some entities will make a lot of money: registries, registrars, consultants. There will only be confusion for the average person. When people are confused they go back to what is known.

There could be potentially thousands of extensions fighting for the same 10-15% of the total market. Most of the extensions will be a ghost town without end user development. Even an extension like .co that had every advantage has very limited awareness and usage with the general public despite a massive marketing campaign.

It is not like people will be able to hand register Chicago.Homes, Web.Site, Car.Insurance, etc. The registries exist to make money. Premium keywords will be reserved and sold for premium prices. At that point a potential buyer will have a choice between investing in an unknown or a known asset.

For that reason I don't believe the new extensions will lower the value of my big 3. If anything it might increase the value of .com.
 

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