NEW YORK, NY - Regardless of what your position is on new gTLD domains "Big Brands" are buying in hook, line and sinker while ICANN is raking in hundreds of millions of dollars on new gTLD fees. Each new application cost its applicant $185,000.00 and with it, an annual maintenance fee of $24,000.00 (yearly recurring). This doesn't include potentially hundreds of generic domains that were applied for and went to auction (I didn't count each one [Full statistics here] … [Read more...]
Show Me The Money: Combined $22M+ in Sales Hiding Behind .com Numeric Domains
I have to admit I know very little about numeric domain names. They never made much sense to me but I know they are very popular in the Chinese market and within the Chinese investment space. The closest I ever came was owning for a short period of time, 7BJ.com which I was able to sell with minimal - minimal effort. What I originally thought was a very unusual domain was desired by many. If I remember correctly I sold it for a few thousand dollars nearly a decade ago. With … [Read more...]