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TheDomains.com

Conference Attendees Will Be Able to Ask that Man “Why are you dropping 70,000 .cc domains ?”

August 28, 2016 by Raymond Hackney

Y U no like .cc anymore ?

One of the hot stories last week was that a Chinese investor known as “Booksir” was dropping 70,000 .cc domains that he paid 120 CNY per .cc for. This works out to approximately $1.25 in domain spend. He announced this on WeChat.

Booksir’s real name is Liangji Zhuang and he has a lot more on his plate. According to the recent DN.com newsletter, “Booksir has been one of the first domain veterans in China, he owns massive premium domain names and he is also the CEO of 258.com Group and the video auction site chuizi.com.”

He will also be a speaker at The Domain Conference in September. Ron Jackson announced this news back in July.

So Mr. Zhuang may have a lot of people asking about his .cc investments and why he decided to get out.

Filed Under: .cc, China

About Raymond Hackney

Raymond is a writer, domain trader and consultant based in Pennsylvania. Raymond is the founder of 3Character.com and TLDInvestors.com.

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Comments

  1. DomainManage.com says

    August 28, 2016 at 7:59 pm

    Never been that fond of .cc – it’s short and pretty easy to remember, so I suppose this is the main value.

    • Amazing Domains says

      August 29, 2016 at 12:00 pm

      economy crisis? money shortage? no market for .cc domains?

  2. thelegendaryjp says

    August 28, 2016 at 8:08 pm

    So the question we ask the Asian guy is ” Why you ? ” no do in between just why you? Not sure if I am comfortable with that question lol

    • Raymond Hackney says

      August 28, 2016 at 8:39 pm

      It was a play on the popular meme, nothing else. But I get where you coming from JP

      • thelegendaryjp says

        August 28, 2016 at 10:00 pm

        I know Ray 😉

  3. Xavier.xyz says

    August 28, 2016 at 8:28 pm

    Last time I remember seeing a company using a .cc was in 2004 ish…. They were advertising their site at radio and tv. Now the domain name has been dropped and they are using .com.

    .CC is odd just like .net. It makes your site look outdated.

    Just my opinion…

    • Joseph Peterson says

      August 28, 2016 at 9:01 pm

      Nothing out of date about PHP.net. People who build the web write in PHP and consult that .NET site regularly. They just released PHP 7.1.0 Beta 3 last week, as a matter of fact. Frequently .NET has associations with IT.

      I think the primary reason .NET feels “old fashioned” to domainers is because the discussion for 3 years now has been dominated by .COM versus the nTLDs. Domainers haven’t been paying enough attention to legacy Not-COM TLDs that sit in the middle like .NET. They’re not in the news. As a result, domainers assume they’re old-fashioned.

      But there’s still broad consumer demand for .NET. Europe takes it rather seriously. Within the past 6 months, I’ve seen 2-word English .NETs sell as high as $25k. LungCancer.net has no IT associations. Yesterday, I said No to $3,500 for a 2-word .NET via Sedo.

      .CC is a whole other ball game. There’s no appeal that I can see where Western branding is concerned. But I’ve visited Chinese sites built on .CC. And we all know how China likes brevity and repetition. So my impression has always been that .CC is viable inside China if nowhere else. Maybe a bad investment for domainers (based on Booksir dropping 70,000 of them). But branding and usage are a separate question from ROI.

      • Snoopy says

        August 29, 2016 at 1:30 am

        It is a dated tld with recollection issues. The situation is getting far worse for tlds like this will the flood of lots of other 2nd rate tld coming onto the market. Think prices are already way down.

        • Joseph Peterson says

          August 29, 2016 at 3:08 am

          “Think prices are already way down.”

          People have hunches. But a gut feeling is often wrong. Until someone analyzes the facts, nobody knows whether prices are going up or down.

          Last week, the top 10 Not-.COM sales at DNJournal were:

          4 .NETs
          3 .CLUBs
          2 .ORGs
          1 .PRO

          .CLUB is overrepresented because the registry just released its list of monthly sales.

          I looked back at the same week in August 2013 to see how many .NETs sold then. It was about the same. 5 out of the top 10. But during that week in 2013, the highest .NET sale was $4,388; and this past week we had 2 above that – HotDeals.net ($5,000) and Equals.net ($8,800). Keep in mind, we now have FEWER sales reported, since Afternic was reporting back in 2013. And back in 2013 there were fewer TLDs competing for these top spots. So, based on this quick comparison, it looks like .NET’s share of sales is similar now to what it was 3 years ago; and prices are even higher.

          People tend to think whatever is in the news is on the rise. And whatever isn’t in the news is in decline. That’s why Americans think crime rates are going up even though they’re in decline – because they see shootings on TV. Hunches don’t matter. Data does.

    • Andrea Paladini says

      August 30, 2016 at 4:56 pm

      Totally disagree with your comparison …
      .cc is more similar to .xyz … same junk … and used by scammers …
      On the other hand premium keywords on .Net are very valuable.
      And, most importantly, many end corporate users around the world use .Net, while .cc and .xyz have no corporate end users.
      Plus . Net is still a trusted extension.
      The rest is just hot air and domainers speculation … many of which are still making pump and dump on the new Gtlds … sorry guys but the party is over …

  4. brian says

    August 28, 2016 at 10:38 pm

    TV / Radio –
    Clear Channel – i.e. “.cc”
    that is all I could fugure

  5. noob says

    August 29, 2016 at 12:25 am

    i don’t think .cc has any value outside of china, i’ve never used a .cc website in my life and i’m only aware of the existence of dict.cc

    loan.cc (+loans.cc) has just reached $400 from 6 bidders on flippa and finished unsold … that has to say something about .cc value

  6. Ryan says

    August 29, 2016 at 1:02 am

    All speculation, and hype, same reason why everyone jumped on .cloud with numerics, they will all drop worthless.

    .cloud has seen no aftermarket activity, yet it was highly touted, and it cost the owners a lot of money to acquire.

    Chinese are clueless, I do not understand why we waste time trying to figure out their strategy, as they have none, other than buy, and try to find a sucker to pay more quickly.

    Let’s not forget not to long ago, people were paying thousands of dollars to acquire .ws, who cares now, what a difference a few months can make.

  7. Supratik.Basu says

    August 29, 2016 at 5:00 am

    Invest only on

    .com hold time 3 yrs
    .net hold time 5 yrs
    .de hold time 5 yrs.
    .co.uk hold time 6 yrs.
    .us hold time 7 yrs

  8. Steve says

    August 29, 2016 at 1:53 pm

    50 any lll.cc
    50 any nnn.cc
    100 any ll or nn
    Send them over.

  9. Carl says

    August 29, 2016 at 5:30 pm

    .CC is a great shortener for “Country Club” and “Christian Church” etc. NorthpointChristianChurch.com shortens to Northpoint.cc and FlatironsCountryClub.com shortens to Flatirons.cc. Alot of community churches and country clubs seem to be doing this, for example: https://newspring.cc/

    • Joseph Peterson says

      August 29, 2016 at 7:53 pm

      That’s interesting.


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