Your opinions? Are you renewing your names years in advance as well? Do you believe in your names, be it .com or new gTLDs? If so, share some exaples.
As a
domainer, I can see why people like gTLDs and I'll keep my 10 favorite gTLDs. As a
domain investor, I don't like them.
Here's why:
As described in my last post, I lost over $7,000 in gTLD investments with $0 in sales. In opportunity cost, I lost close to $28,000.
https://www.namepros.com/threads/calling-all-com-owners-do-you-dabble.1130640/#post-7232875
If you are making money with gTLDs, with multiple sales, then you are a domain genius and should be selling .coms as well because you'd honestly be a millionaire by now. Because if my .com sales are close to $150k per year, but I can't make even 1 gTLD sale, then the sky is the limit for you successful gTLD investors out there.
Why? Because the average buyer has better odds buying a lottery ticket. Seriously.
There are 342,796 .live domains registered. But only 12 sales over $500 reported EVER and no sale over $500 reported since 2017. But even worse, you can't use the 342,796 number to determine your probability, you need to count the renewals each year, so it is really closer to 572,000 registrations and renewals. So 12 sales out of 572,000 gives you a 1 in 48,000 chance of selling a domain for over $500.
For $1, my local lottery gives a
1 in 10,000 chance of winning $4,500+, rather than
$19 for a
1 in 48,000 chance of winning.
If I apply the same calculation to .com it is about a 1 in 13,000 chance if you just thew a dart at a board of 150,000,000 ".com" domains (3,000,000,000 registrations and renewals with 240,842 sales over $500). If it was limited to only semi-premium .com domains, say the top 20,000,000 .com domains, which is more realistic, the
chance would be 1 in 1,665 for $8.50. Have you seen expired domain lists? Calculating this on the top 20 million is extremely conservative.
For me with .com, it is around a 1 in 100 chance or better, every year since 2004 for me. There is no comparison. Even if you know nothing about domains, go to the auctions and buy domains with bids on them already, and you'll probably sell 1 in 200 or more every year right from the start. Even with that, you'll statistically have 480 times more success than with this gTLD, and every other gTLD that I've seen so far.
The only viable option with .live, from a statistics perspective is if we were in 2016 and you were hitting a homerun with a $100k+ domain. But, we are not and there are no reported sales in 2 years. If you are successful with gTLD, you should also be heavily in .com because you'd be ultra successful.
Rick describes it simply in the videos below. For me, implementing daily knowledge like this has increased my profitability and will help take you to the next levels.
https://twitter.com/DomainKing/status/1125703196377276416
https://twitter.com/DomainKing/status/1128254907318964224
https://twitter.com/DomainKing/status/1128325687784484866