- Impact
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Danny Aerts has written a reflective, if sobering and somewhat pessimistic, view of what has happened in the domain industry and the prospects for the future. He views the market as mature, and over-sold both in .com and in too many new TLDs, with too much speculation without a solid base of reasonable expectations for profit.
He briefly outlines what drove growth in the past, and doesn't see similar growth happening again soon. Like many, he feels that there are too many new gTLDs, too many registrars, too many middle companies, and too many domain names have been sold. While Chinese domain name purchases continue to prop up the market to some degree, he does not see much growth in that. He concludes "much will decline in the future."
While much of the latter part of the post deals with ICANN specifically, there is lots to consider from the Swedish expert with a long record of domain industry service.
Anyway, it is worthwhile giving it a complete read (a summary was posted a few places, but it is worthwhile to read the original). I can't (as new member) put the link here, but if you Google the title in the heading you should come up with the article.
Bob
ps There is a certain irony in that the original article uses a picture of the Hopewell Rocks (major tourism location in Canada) in winter to illustrate the winter headwinds, when I have tried unsuccessfully to sell domain name Hopewell.rocks, now down to just $10 as it is a few weeks from expiry!
He briefly outlines what drove growth in the past, and doesn't see similar growth happening again soon. Like many, he feels that there are too many new gTLDs, too many registrars, too many middle companies, and too many domain names have been sold. While Chinese domain name purchases continue to prop up the market to some degree, he does not see much growth in that. He concludes "much will decline in the future."
While much of the latter part of the post deals with ICANN specifically, there is lots to consider from the Swedish expert with a long record of domain industry service.
Anyway, it is worthwhile giving it a complete read (a summary was posted a few places, but it is worthwhile to read the original). I can't (as new member) put the link here, but if you Google the title in the heading you should come up with the article.
Bob
ps There is a certain irony in that the original article uses a picture of the Hopewell Rocks (major tourism location in Canada) in winter to illustrate the winter headwinds, when I have tried unsuccessfully to sell domain name Hopewell.rocks, now down to just $10 as it is a few weeks from expiry!