The newgTLDs debate – featuring Rick Schwartz & Michael Berkens!
Don’t know if you’ve been following the back and forth between Rick Schwartz & Michael Berkens about newgTLDS, but it’s been enlightening to say the least.
What I’ve done is taken a few of their quotes that made the most impact and collated them.
So I don’t have all the answers, the consumer and the future does.
True, no one has all the answers, but an educated guess is better than a shot in the dark.
I have worked hard to look at this from all angles.
All investors do, it’s imperative before taking an investment decision.
You can see domain investors are open-minded. 75% believe they will enjoy some degree of success.
They are, no one wants to turn away a profit source.
If you are selling something and you run away from those asking the hardest questions, then you ain’t selling at all. Your job is to overcome obstacles not run and hide from them.
All sales is objection handling, anyone who tells you otherwise is pulling a fast one.
I actually agree with the results.
Yup, Rick is fair, in fact most bloggers are, even those not named specifically by MHB.
In fact the lesser known blogs have even less incentive to promote BS, advertising usually doesn’t even cover hosting costs, assuming they have ads.
If your a domainer, you are going to register a great new gTLD domain name if you can.
The operative word here is ‘great’, anything less will be an exercise in futility.
Great .com’s will go up in value, crappy domains will become worthless.
Great domains in most popular TLDs, including premium ccTLDs like .tv, .co, .in etc.
I know I’m not going to register any premium domains that carry a premium annual renewal price.
Yeah, that particular angle is DOA, at least from an investor perspective.
And even end users will have to take a call whether TCO will be lower or higher.
I think in this race choosing one side and sticking to it is probably a bad idea.
Even Rick has said he’s not averse to investing in newgTLDs provided he can get great domains which will enable him to get good ROI.
What do you think is the best way forward?