The shrinking domain industry (1.Viewing)

In my humble opinion they are finally starting to price themselves out of business, I have dropped and am continuing to drop domains I would probably have kept years previous. I now look at renewal costs and am constantly thinking where can I cut to drive my portfolio costs down a bit.

Yep, same here. I mentioned not long ago how I'm cutting back on my portfolio, in recent years I have been adding a lot less names through hand regs and TBR's than I used to. Especially with sales having slowed or inquirers having too low a budget. Not sure what my target is, but somewhere in the area of +/- 500 domains or so.

MapleDots said:

In my humble opinion they are finally starting to price themselves out of business, I have dropped and am continuing to drop domains I would probably have kept years previous. I now look at renewal costs and am constantly thinking where can I cut to drive my portfolio costs down a bit.

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We are all in that same big boat @MapleDots . There could be exceptions.

You know, if you're looking to cut down on your portfolios, there's a certain gullible newbie lurking around eager to snatch even mediocre names...

I'm still surprised more of the guys knee deep in NFTs didn't jump over to domains.

mcm said:

I'm still surprised more of the guys knee deep in NFTs didn't jump over to domains.

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Once burned, twice shy

Except the stupid ones, thrice burned, let's try collecting beanie boos.

Everything related to domains is a big cash grab right now.

Companies that control the domains, or control access to domains, see all the big sales and smell money, so are consistently cranking up prices. But what they don't see (or choose not to see) are the millions upon millions of unsold domains that are a sunk cost + renewals.

There is no question that there will be an economic reckoning that ends up hurting many of these domain-controlling leeches. Just look at Verisign, who increased .COM renewal prices to the tune of 10% a year, and is now complaining that revenues are down and is madly searching for other factors to blame the downturn on.