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TheDomains.com

Inc and the Los Angeles Times weigh in on the new gtlds

January 24, 2014 by Raymond Hackney

newgtlds2

More and more non domaining publications continue to come out with stories about the new gtlds.  As we get closer to new strings being available to register many want to cover the upcoming release.

Inc Magazine came out with an article, Carolyn Cutrone took this approach when it came to Start ups,

From the article:

Critics argue that the added gTLDs could spur mass confusion, while supporters suggest it could help small businesses stand out without having to wield inanely long Web addresses or gobeldygook names. Just think of the potential for startups, alone.

If you wanted to launch a site called NYCBrickOvenPizza.pizza or JerseyShoreBeachRental.beach you can.

There were attempts to widen the landscape in the past, but for the most part they didn’t stick. Domain names like .biz, and .mobi, for instance, barely took off–usually because marketers weren’t interested. But the need and argument to create more gTLDs gained steam in recent years, as the push to launch added sites has intensified.

They also got some misperceptions writing the following, If however you’re unwilling to pay the piper for customization, you will be able to purchase second-level domains, at a price of less than $10 each.

There are going to be many extensions that cost much more than $10, the public cannot be reading stories that all these new extensions are going to be less than $10. Handbags.Luxury for example will be somewhere in the $799.

From 101 Domain.com

Price and Requirements for .luxury Domains

  • 1 Year Registration780.00 USD
  • 2 Years Registration1,528.80 USD
  • 3 Years Registration2,269.80 USD
  • 4 Years Registration2,995.20 USD
  • 5 Years Registration3,705.00 USD
  • 6 Years Registration4,399.20 USD
  • 7 Years Registration5,077.80 USD
  • 8 Years Registration5,740.80 USD
  • 9 Years Registration6,388.20 USD
  • 10 Years Registration7,020.00 USD

The Los Angeles Times is also out with a story on the new gtlds, they got some quotes from Mike Mc Laughlin from Go Daddy.

The vast majority will sell for $10 to $40 a year, although there will be some that command a premium price such as those containing .luxury, which will cost at least $800 when it becomes available this year, said Mike McLaughlin, vice president and general manager of domains at GoDaddy.

Others will start off in the thousands of dollars to take advantage of initial demand before being lowered in price.

GoDaddy is expecting a rush of buyers and already has 25 extensions available for preregistration. So far, “thousands and thousands” of people have preregistered, with .guru and .photography endings being the most popular, McLaughlin said.

“Domain names are real estate of the Internet, and new land has just been opened up. So getting to stake your claim early is obviously better,” he said. The influx of domains will “fundamentally change how people navigate the Internet, with names that are much more meaningful and targeted.”

http://www.latimes.com/business/la-fi-new-internet-addresses-20140124,0,1802905.story#ixzz2rLYHi2rH

Filed Under: New gTLD's

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Comments

  1. Owen Frager says

    January 24, 2014 at 3:10 pm

    “More and more non domaining publications continue to come out with stories about the new gtlds. ”

    nope
    They are being spoon fed this spin by the g-pr cabal. Every publication has the same message and success examples. With lots of money being thrown at PR the word will get out. But from my experience few have or take the time to consume all the news that’s out there and like with the domaining feed, they read whatever they happen upon that’s come up top of queue. So if Howard and Rick take their cameras again to the man on the street, like in Jay Lenos headlines where they can’t identify a photo of Joe Biden, there’s no way they will know anything about domains. Of course their audience could be the registries and investors in which case it won’t matter which way the real-world winds blow.

  2. :::::: StartYourSmall.Biz :::::: says

    January 24, 2014 at 3:21 pm

    I own the fantastic BreakingNews domain with .LA (Los Angeles) TLD and I’ve sent a mail to the Los Angeles Times to propose it, but they haven’t sent any answer to me 🙁

    however, it’s not so bad, since, if I’ll have the opportunity to build a LA news site, it might be sold at a very high price 🙂


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