Showing posts with label website. Show all posts
Showing posts with label website. Show all posts

Saturday, August 4, 2018

Which Extensions Are Growing in Actual Use?

 Ultimately a domain extension will only be successful it it gains, and maintains, actual real world use.  Yes, an extension can get attention through land rush adoptions and early registration momentum, but if a significant  fraction of those domain names don't actually get used, the extension will lose value.  In this post I take a look at both levels of use and trends for different top level domain (TLD) extensions.

The Data


For this analysis I used data from W3Techs.  If you have not used their site, I urge you to give it a try. They provide a wealth of frequently updated statistical data. In our case we are going to look at their data regarding use of different extensions in actual websites - the direct link to the TLD annual table I used for this post is here.  I outline their methodology in the next paragraph.

They start with the top 10 M websites using Alexa data. The Alexa database has critics, but is probably the most widely used source for site popularity.  The W3Techs.com site aggregates any subdomains into a single combined number (e.g. all of the Blogger sites would be added to have one large use number for blogger.com, and would count as a single website).  As a result, they actually start with a number of sites somewhat less than ten million. W3Techs.com do not include redirected traffic in their data. The analysts at W3Tech compute a three month rolling average for the numbers that are reported here, although the data is updated daily. You can read about their methodology at this link.  One final point with respect to their methodology, prior to 2013 they used the Alexa 1M rather than the Alexa 10M as their starting point.  This may cause some bias when comparing statistics over the years.

COM is King (but trending down)


The first thing obvious from the data is the huge dominance of one extension, .com. It accounts for roughly half of all significant websites. The table below shows percentages for the main extensions, .com, .net, .org, .info, a few other global extensions, including some of the more popular country codes.  To a large degree, any particular other extension is almost lost in the noise.

Website use by different extensions.  Data from W3Techs.com. Consult website for up to date data.


While the data clearly shows that while .com remains dominant, the trend is definitely downward.  Website use of .com peaked in 2011 at about 55.2% of websites. As I write this in early August 2018 it is at about 46.5% use.  While the new global top level domain (ngTLD) introductions may have hastened the decline, it clearly started prior to the new extension introductions.

Challenging Times for NET and INFO 


There has been frequent discussion on NamePros forums about .net and .info struggling in sales numbers and price levels. NameBio data support this, although the change is not dramatic as some domain investors believe.  The extensions .net and.info are also struggling in web use. The .info extension actually peaked in web use in 2011 at about 2.0%. It is currently at 0.9% use.

For .net it was highest in the first year shown in the W3Techs data table, 2010, when it had 6.8% use.  Now it is down to just 3.9% use. It is interesting that the decline of both .net and .info preceded the introduction of the ngTLDs. The introduction of the ngTLDs may well have weakened the use of .net and.info, but they did not start the decline in either extension.

Things Are Good in ORG


The one major global extension that is doing well over the 8 year period is .org, which went from 4.6% in 2010 to 5.1% use currently. The extension has recently got a lot of use by blockchain and cryptocurrency related companies and organizations, but it is not just that factor that has sparked the increase in use of .org, as the extension has increased fairly consistently over the whole period.

Not Great for BIZ


The one extension that seemed most directly impacted by the ngTLD introductions was .biz. Use of the domain name extension peaked around the time of the first big ngTLD introductions and has continued to drop in use since then including during the past year.  At time of writing it represented about 0.27% of web use, still more than even the highest of the new extensions covered in the next section. However, the trend for .biz is definitely negative, and it was at almost 0.40% in global use just a year ago.

New Extensions Well Down List


Even the highest of the ngTLDs are well down the list, with .xyz having about 0.18% use. The trend for .xyz is largely constant since shortly after introduction. Other extensions including .club (0.15%), .online (0.12%), .site (0.07%),  .top (0.08%), and .win (0.05%) make the list but again with modest website use. Most are, however, showing an upward trend (e.g., the .win extension has grown by almost a factor of 4x in website use during the last year - see the graph below).
Data provided  by W3Techs.com. Consult their website for most current data.

An optimist would point to a slight increase in ngTLD use in actual websites, at least taken as a group. A pessimist would say many of the new extensions have now been around for three years and  in total or individually they are still down around the noise in actual website use.

Incidentally, one nice feature of the W3Techs is that you can get additional data on any particular extension. For example, at this link for .xyz you see a temporal plot of its use. Another plot shows how it compares to some other extensions in amount of use and in how popular the sites are that do use the extension.   It also gives you the names of some of the more popular sites using the extension, as well as a random selection of other active sites using the extension.

What about IO?


You can use the W3Techs.com site to study other TLDs.  For example, .io has shown steady growth over the last year, although it still only accounts for about 0.28% of web use in significant sites. The .io extension is much more important in domain name sales than it is, yet, in actual website use.  It is significant, though, that while total use of .io is fairly low compared to the legacy extensions, when it is used, the websites tend  to have higher traffic sites than .net, .com or .org.
The .io TLD is used in fewer websites than the legacy extensions, but when it is used the site tends to be more popular. Consult W3Techs.com for most recent data. 

The Long Term View


At current trends, I project that by about the year 2290 .com and .xyz (and actually a number of other new extensions) will have approximately equal website use! We ngTLD investors better take a long term view or find a profitable niche!

Conclusions


I summarize what I regard as the key takeaways from this analysis below. Keep in mind that the reference set is the 10 million most popular websites in the world (from a total of about 1.9 billion global websites currently). This is a snapshot in time, and you should consult W3Techs.com for the for the most current statistics.

  1. The .com TLD dominates actual web use, with about 46.5% of total use.
  2. While remaining dominant, the percentage of websites that use .com has been trending downward since 2011, with a decline of about 0.17% per year on average.
  3. The .net and .info extensions have been falling in use for a number of years.  In both cases the decline began prior to the ngTLD introductions.
  4. The .org TLD has been growing in popularity over the past decade in website use, and is now at about 5% of global website use. 
  5. The .biz extension seems most strongly hurt by the ngTLD introductions, with a drop from about 0.9% in 2014 to less than 0.3% currently. Several of the ngTLDs will probably pass it in use during the coming 12 months.  
  6. Most of the other places in the top 25 TLDs by use is taken by country code extensions, some of which are trending up and some down.
  7. The new extensions are all well down the list in website use, although most are trending upward. For example use of .win has grown 4x during the past year, well above its growth in registration numbers over the same period.
  8. The most used of the ngTLDs are currently .xyz (0.18%), .club (0.15%), .online (0.12%), .site (0.07%),  .top (0.08%), and .win (0.05%). 
Some domain name investors argue that sales data is all that matters.  I respectfully disagree.  Good prices will not be established or maintained if there is not significant use of a domain extension.  By looking at the trends in TLD use in actual websites, it may be be possible to predict which domains will increase in value, and therefore which warrant maintaining. This analysis suggests that .io and .org both fall in this category.   

Original post Aug 4, 2018.
Minor edit Aug 4, 2018. Missing .xyz data added in point 8 of conclusions.

Links:

Fine Print

This post is offered for informational and educational purposes only, and should not be considered domain name investment advice. While an attempt has been made to be accurate, there is no implied or explicit warranty, and you are responsible for verifying any information of importance to you.

In a few cases there may be affiliate links will on this blog. This means I receive a small amount if users visit or make purchases via the link. You do not pay any additional charge due to using an affiliate link, and in some cases below the normal price. I receive no identifying information about who clicks, or does not click, any link. I never accept compensation to provide favourable review of any particular service or product.

I try to be fair, balanced and objective in my analysis.  If you feel this post does not meet that standard, please express your concerns to me.  As disclosure, I do have a domain portfolio that is predominantly ngTLD domain names, although I do also own a number of .com, .ca, .co and a few other country code extension domains..

The text of this posting is ©R.L. Hawkes, all rights reserved. However, you may, without permission, use reasonable length portions of the post as long as a link to this post is also provided. If you wish to use the complete contents of a post, please request permission. I am normally open to reprinting, but will consider each request individually. 

The images used are either those associated with a product or service, or Pixabay images believed to be available for use without attribution. If you see any image that you believe is problematic, please let us know and we will immediately correct the situation.

Friday, July 27, 2018

Take A Look At ICU

Introduction


For some time I have planned to do a series with each post taking a deep dive into a single domain extension. I decided to start that with a recent extension that is still unfamiliar to many, ICU. When I first heard about the new global top level domain (ngTLD) ICU ("I see you"), I thought the extension was too gimmicky. However, upon a closer look, I changed my mind on the prospects for the extension. Let me share with you why I might see an ICU domain name in your future, whether you are a domain name investor or an end user.

What Does It Mean?


Officially the name stands for "I See You", although as many in the domain investing community have pointed out, ICU is the standard acronym for Intensive Care Unit, and I think the domain will see use with both meanings, and perhaps others. The domain name is meant to be location agnostic, use in any region, and while it is better suited to some potential applications than others, the extension is intended for a broad set of applications for businesses, organizations and individuals.

Some Stats


The ICU extension came into general availability on May 29, 2018. As I update this (Sept 11, 2018), the number of registrations is just over 75,000 (you can get up to date statistics from the nTLDStats site. Although the initial growth of ICU registrations has been slower than the runaway success of the APP extension, ICU has nevertheless grown at an impressive rate over the first two months and ICU is already into the top 50 of all ngTLDs. Registrations are an important, but alone not sufficient, requirement for familiarity with the domain name to grow.

Whether you are a domain investor or an end user, it is important to have registrar choices. This is convenient in consolidating your domain portfolio to just a few registrars. Also, registrar competition helps keep registration and renewal costs competitive. Registrars are still being added, but as I write this 42 registrars handle the ICU extension. This includes a number of the most commonly used registrars such as Alpnames, Dynadot, Gandi, Namecheap, Namesilo, Porkbun, Uniregistry, Webnames, and many others.

While there are ICU extension domain owners from 87 countries, the global distribution is far from uniform. The largest number of registrations come from the United States, followed by the United Kingdom, Seychelles, Spain, China and Russia.  Familiarity with the new extension will probably grow fastest in these regions, although it also means that more terms related to these regions will already be registered and therefore not available. The graph below (from NameStat) shows the global distribution and numbers.
Image courtesy of NameStat.org. Check website for most recent data. 


Pricing


The majority of ngTLDs (there are exceptions, of course) have not handled pricing well in my opinion. Generally initial bargain basement prices (often around $1.00 or less) followed by renewal costs of $30.00 or more per year. However, the registry reserved many of the best names as premium offerings at much higher prices, often thousands of dollars. Confusion reigned as some of these premium offerings renew at standard rates, while others renew also at premium rates. This resulted in many of the best names never getting used, and domain name investors were shut out of the most desirable part of the market in the extension. Fortunately, ICU seems to have learned from these errors in previous ngTLD introductions, providing more transparent and reasonable premium pricing and clarity with renewal pricing.

In my opinion the ICU extension has done the right thing with respect to pricing, and I will call their system smart graduated premium initial pricing. Initial pricing in the majority of domain names in ICU is modest - with promotions sometimes as little as $1.50 or even less. For more desired premium domain names, ICU uses a graduated system of pricing with four different levels, but 85% of the premium domains are at the first level that is not much different than the cost to register many standard domains in other extensions (it is about $16 at Namecheap). A small number of premium domain names are at the three higher levels. The exact values vary with registrar, but currently at Namecheap they are $78, $780 and $7800. To give a sense of the names in each category, words like chemistry, HDTV and trend were all available at the $16 level when I checked. Especially HDTV strikes me as a great bargain and I suspect one of my readers may pick it up soon. At the $78 level were colours such as blue and high traffic keywords like trips. When one goes to $780 some highly desired words that have sold for high amounts in other extensions are available such as cruise and matrix. At the highest level I could only find a few words, including some of the world's great cities such as the word Toronto.

ICU on their website makes it absolutely clear that renewals even of premium names will be at standard rates. I wish this simple approach applied throughout the ngTLD space! The announced renewal rates for ICU are also modest - for example at NameCheap, one of my favourite registrars, the renewal price is $7.88, less than regular prices for .com, .net or .org.

You can find who has the least expensive current prices to register, transfer or renew any domain extension at sites such as TLD LIST. The data are updated every few hours, so check just before you make a registration or transfer.

Promotion


The co-founder of ICU, Kevin Kopas, is well known in the domain name industry. Read Ron Jackson's excellent story on Kevin and the ICU extension on DNJournal. Early indications are that the management of ICU will be proactive and smart in promotion and supervision of the extension, and Kevin's expertise will no doubt play a large part of that. While their Twitter feed does not yet have many followers, ICU are doing a good job highlighting both available domain names and newly registered names and websites, and milestones reached by the extension.

The ICU management are not alone among ngTLDs in highlighting some of the sites using the extension, but I think their pioneer program where you can apply to have your ICU website promoted is a good idea. Visit https://nic.icu/ to learn about the program and apply to have your site featured. In Kevin Kopas' words (from the interview with Ron Jackson) the  pioneer program "provides media expertise to new and evolving businesses who are looking to create, expand, or improve their online marketing strategies. The program includes exclusive access to a digital co-working space with help from others and learning resources like a  21-module online media program aimed at bringing businesses closer to their customers by driving strategic and consistent message delivery across online platforms."


Resale Market


It is too early to have much in the way statistics on after market sales at this time. My expectation is that we will see resales, perhaps many, in the extension, but that the prices will be moderate. I think the initial pricing structure from the registry will tend to, at least for the first few years, keep prices in the range from $100 to $300 for most domain names. That is not to say that a few prime names will not go for much more, or that prices for a longer time frame may well be significantly more if the extension comes into widespread respected use. One positive sign for those investing in the extension is that it is already possible to list ICU domain names at Sedo, the world's largest domain market. I notice that a number of premium ICU domain names are listed on Undeveloped as well. Added note: there are as of now (Sept 2, 2018) three NameBio recorded resales of ICU, the first being SwimmingPool at $199.

Abuse


In this series I plan to briefly look at abuse statistics for each domain name. I find that some legacy domain name investors repeat claims that new extensions are disproportionately associated with malware. These claims are not supported by evidence. Among the new extensions some are better and some are worse than extensions such as .com and .net for spam. The vast majority of phishing attempts come from .com and a handful of country code extensions (this is not surprising since in phishing they are trying to emulate an established country, most of which use .com). In terms of spam, the professionals at Spamhaus are the world experts, protecting billions of individual email accounts from spam. They define a badness index which is based on a ratio of the number of sites associated with spam to the total number of active sites in that domain extension. It is scaled by a logarithmic measure of the total number of domains, since the same percentage in a heavily used domain name poses more of a problem.

You can use a form at this link to look up the badness index for any domain extension. Use the pull down box at the top left to select the extension (or type it in) and it will give you the badness index. These values change continuously with new data. As a new extension the long term abuse characteristics are difficult to know for ICU. On the day I updated this (Aug 27, 2018), the badness index for ICU was 1.4. This made it slight worse (lower is better) than com (0.62), xyz (0.71) and online (0.47), similar to net (0.90) and info (0.98), and much better than club (2.83),  biz (3.43) and top (5.56), and hugely better than the worst extensions that are the 'free' country code extensions. Note that these values change somewhat daily, so check at link for the most up to date values if important. Over the month or so I have been tracking the ICU value has been pretty consistent, slightly going down (i.e. better).


Actual Use


We are not quite two months into general availability of ICU, and normally it takes many months of a new domain extension before we see much in the way of actual use. The early signs are extremely encouraging for the extension, however. For a domain not yet four months in general availability, the number of actually operating websites is more than decent for a ngTLD. It is first in growth trend as I update this (Sept. 11, 2018). As of today ICU has 259 sites in the Alexa 1M, or one per about 300 registrations which is excellent. By comparison the APP extension is 1 in about 2675, TOP is 1 in 2500, the much older XYZ is about 1 in 940, and ONLINE, that promotes being highly used and is much older, is only slightly better at 1 in 580.

While there are critics of how well Alexa 1M (the one million most used websites according to their methodology) represents actual use, the fact that such a new extension already has any sites at all in the top million is impressive. For reference, there are about 1.9 billion websites in the world currently, so getting in the top million is something only 1 website in about 1900 achieves.

I highlight a few websites that are already operational on the ICU extension below. These are chosen not because they necessarily reflect the highest traffic sites, or the most elegant, but as different areas of application. There are also some adult sites making use of the extension which I did not include. I have no association with any of the sites listed below, and listing here should not be considered an endorsement of their products and services.

Rajkumar Agro Engineers

An agro-engineering firm based in India, Rajkumar Agro Engineers Pvt Ltd. uses the extension for their product line, sales and customer service. is a leading manufacturer, exporter and supplier of specialized equipment such as cutters, oil expellers, wood splitters, brick making equipment, small mill equipment, pulverisers, post hole diggers, etc. Their website is fully functional with lots of equipment views, allowing their potential customers to "see" the equipment. If the use of "see you" in the sense of catalog offerings takes off, we could see a lot of demand for the ICU extension.

Hairstyle Gallery

There is already a fair amount of use of ICU in sites promoting fashion, jewelry, etc. Some of these are information aggregator sites seeking ad revenue, while others offer original content. Some use the information to indirectly promote a business. One example is hairstyle.icu site that shows images from a huge array of hairstyles, for both women and men. Literally everything from wedding hairstyles to styles well suited to frizzy hair. It appears that the site was operational for a couple of years, but have now adopted the ICU extension that fits their function perfectly.

UltimateCrypto

Not surprisingly, there are already ICU sites operational in the crypto currencies field. One that I briefly examined is CryptoMarketCap.icu, that provides up to the second valuations on a large number of different cryptocurrencies. On the date I checked there were 2024 different currencies being tracked by the online site. As well as the value, change, volume, etc. for each currency, at the top of the page it provides the total amount of funds in cryptocurrencies.


Travel

A site using the premium name travel.icu offers an easy way to find flight and hotel options in cities around the world. You enter a city, for example I tried Toronto, and it lists both the major and minor airports for the city. Then select one from the list, and,at least for the cities I tried, it goes to another ICU website but this time with the code for that airpor - e.g. Pearson airport in Toronto the site was YYZ.icu. From there you can find flight, or airport, options.



ICU

Of course the ICU people themselves have a great website operating with the extension. On it you can see what is new with respect to the extension, learn about (or apply to) their pioneer program, see some options for available ICU domain names, or find a registrar that handles the extension. Go check them out at nic.icu!

Want to promote some other operational ICU sites? Why not leave a comment on this blog with a link to the site?

Additional Ideas


The sites listed above are all actual in-use websites built on the ICU extension. To complement these I wanted to highlight some other ways I see the extension being used effectively. This is done through some of the domain names I hold personally. All are available for sale currently. Simply enter the domain name in a browser, or click on the link provided, to go to a sales lander with additional information and a purchase option.

ultrasound.icu

Ultrasound is best known as a safe medical imaging technique, but it also finds use in certain therapies, structural testing, quality control, etc. This domain name, with the new ICU extension is a perfect match to an imaging technology, and could be used with a company, distributor, clinic, reference site, etc. This application also works if we regard ICU as an abbreviation for intensive care unit. Get registration dates, price, automated worth estimates and purchase option(s) at the link.  

SeeMe.icu

This domain name would be a great fit for an app, website, club, career coach, therapist, or a plethora of other potential uses that encompass the idea of "seeing me". Use the link or enter the name in a browser to get more information or to see purchase options.

happiness.icu

While not as direct, perhaps, as the other examples in this section, I think one really powerful use of the ICU extension is in senses such as "I see you" happiness. The highly desired word happiness is taken in most popular extensions. Coupled with the new ICU extension, various uses are possible for this memorable domain name. The domain name would be ideal for a therapist, psychologist, researcher, business, or organization that worked in the field of positive psychology. It also is a perfect fir for sites that more generally promote a happy life, for children or adults. The name happiness is high searched on Google (more than 600 million searches!). Why not be one of the first to put this new extension to work in promoting a healthy, happy lifestyle?

patterns.icu

Whether it is quilt or craft patterns, or patterns in big data, this domain name is short and memorable. It couples really well with the ICU (I see you) domain extension. Get registration dates, price, automated worth estimates and purchase option(s) at the domain name link.


macro.icu

The short, memorable, high value versatile word macro coupled with the ICU extension makes a great domain name. The word macro can refer to macro photography, macro economics, macro management, as well as other technical terms. The 'I see you' works especially well with macro photography. The name macro is high searched on Google (more than 16 million SERP SLD). We are offering great value in this valuable (domains including 'macro' have sold37 times) keyword - why not pick it up today? Enter the domain name in a browser, or use the link, to obtain additional information, price and purchase links.

Closing Thoughts


Whether an end user looking for an innovative domain name for a new website, a company looking to rebrand, or a domain name investor, you should consider ICU as an option. It is cost efficient both to register and to renew, and early indications are that the domain extension will be effectively promoted and based on early trends may well find wide adoption. Costs are very reasonable to pick up a highly desired single word domain in the extension. An extension worth considering? I see you!


Original post July 28, 2018

Minor format changes Aug 3, 2018
Registration data, Alexa, abuse data, resales info updated Aug 27, 2018
Data and associated text updated, one example removed as now sold. Last update Sept. 11, 2018

Some Links:




This is the first in a series of posts each taking a deep dive into a single domain extensions. Stay tuned to the blog for others in the series (you can sign up to receive all new posts by email if you prefer - see box in the right hand column). I will also announce them on my Twitter account. The next in the series will be on the SPACE domain extension.

Fine Print
This post is offered for informational and educational purposes only, and should not be considered domain name investment advice. While an attempt has been made to be accurate, there is no implied or explicit warranty, and you are responsible for verifying any information of importance to you.

In a few cases there will be affiliate links will on this blog. This means I receive a small amount if users visit or make purchases via the link. You do not pay any additional charge due to using an affiliate link, and in some cases below the normal price. I receive no identifying information about who clicks, or does not click, any link. I never accept compensation to provide favourable coverage of any particular service or product.

In the case of ICU I have no formal affiliation with the owners, registry or anyone else associated with the extension, and obviously do not speak for them. I do own a modest number of ICU extension domains, some of which were covered in this article. I have sold one of the three publicly reported .icu resales.

The text of this posting is ©R.L. Hawkes, rights reserved. However, you may, without permission, use reasonable length portions of the post as long as a link to this post is also provided. If you wish to use the complete contents, please request permission. I am normally open to reprinting, but will consider each request individually. The images used are either those associated with a product or service, or Pixabay images believed to be available for use without attribution. If you see any image that you believe is problematic, please let us know and we will immediately correct the situation.


Sunday, May 13, 2018

Namecheap Marketplace for Domain Sellers

I recently noticed that the Namecheap (NC) Marketplace (NCM) now allow BIN as low as $1 (used to be $5, the maximum remains at $1000).  I have found the NCM a good place to sell value domains at low prices, and this change makes it even more flexible in trying to get a few dollars for domains about to expire (or otherwise). I thought this might be a good time to explain the main features, and to give some tips for domain name sellers.

Main Points:
For those unfamiliar with the NC Marketplace;
  1. The NCM is only for domains registered with NC.
  2. Listing process on NCM is easy (can list price, term, categories, text description). To list a domain log into your account, select Domain List and then Manage (for the domain you want to list).  Then scroll to near the bottom, and click on the Sell Domain. Fill in the information, and your domain is up and for sale immediately.
  3. They charge 10% commission with no minimum or other charges.
  4. NC act as effective escrow on NCM transactions, taking buyer payment, then automatically transferring the name and changing contact information (purchaser must have NC account but they are free).
  5. NC essentially push the domain to new owner, so there is not an automatic need to add a year registration.
  6. You accumulate funds in your account, which you can transfer in any amount to be used to purchase NC domains (or I presume other services like web hosting).  If you want to withdraw them to your PayPal as money, need to have $100 minimum. Although NC do not add any fees for a PayPal payout, depending on your country, PayPal may add 0.5 to 2.0% fees on the money transfer.
  7. Purchasers can buy you domain by putting it in the NC cart and use any of their standard payment options that include credit cards, Paypal and Bitcoin (as well as others).
  8. You do NOT need to wait for the 60 day ICANN period, since the sale is essentially a push to the new owner.
  9. It is not an auction site - you set a BIN price and the purchaser has only that option.  Also, there is no direct route for potential purchasers to interact with you.
  10. When you click on the name of a domain name for sale on NCM it will show you both the day the current for sale listing expires, and the expiration date for the registration of the domain name.  Don't confuse the two!
    I have both bought and sold domains there, and have found the process smooth and fast (longest wait was a few hours). I have found NC support very responsive, when it is needed.

Search Notes:
One important point to note is that in general domains registered on the NC Marketplace do NOT show up in the general NC domain search (the one used for hand registrations).  To see listings on the NC marketplace you need to go to Domains tab, and then down to Marketplace.  The search is slow though.  You can turn off options by price or category on the left but response is slow. 
     Some names on NCM DO show up in the general NC search.  I have not figured out which ones get there, but I think that the name must be listed for some small multiple (or more) of registration cost for that extension, and be listed, and not expired for an extended period.  If anyone knows more precisely, please add in comments.

Tips:
A few tips for those selling domain names through the NCM:
  • Although you can list up to 5 categories for each domain (e.g. technology, business, advertising, computers, etc.), only the first two alphabetically get listed beside the domain name.
  • You can re-list a domain name that has not sold.  I sometimes use longer periods (simpler), but I sometimes use the shorter duration listing and re-list, since many of the sales seem to come when the domain listing is about to end when the name will be near the top of their list.
  • I find that to be very successful you need your own website or social media presence to post to your listings.  People will in general not find your domains through the NCM.
  • I find some who list on NCM do not realize how easy it is to have a single link which always shows your updated NCM listings.  Simply find one of your listings, then click on your username (in blue on left - mine is fundybob), and then get the URL from that page.  As an example, here is mine:  https://www.namecheap.com/store/domains/marketplace/buy-domains?seller=fundybob 
  • If desired, you can also link to any particular domain name.  To do that find the domain name in NCM, then copy the URL.  Note that when the listing period expires and you re-list you will need to change the link.  An example: https://www.namecheap.com/store/domains/marketplace/listing/56000093
  • You can use that along with a DNS redirect to make the NCM listing a landing page. For example, if you click the link expertise.space you will see this set up for one of my domain names.  One advantage of using NCM as your lander, is that the potential purchaser is immediately in an environment where they can instantly purchase the domain name and implement it with a hosting package.
  • I use both types of links on my website.  On my main page https://NamesThat.win/ (see second line of icons), I link to all my NCM listings, while on the following page you will see links to individual NCM entries (these I need to update by hand). https://namesthat.win/domains.html
  • While you can't change a price once the domain name is listed, you can delete it and then re-list it right away, so that is how to edit the NCM price if you made a mistake or have second thoughts. To delete your listing, log in to NC, go to Domain List, select the name, then click on Manage.  At the bottom right, where it tells you it is for sale, click on Cancel and enter your password again.   
Final Thoughts
     The NCM can be one option to easily and inexpensively sell domain names.  Because there is no minimum commission, it is particularly good for low cost domain names (I recently sold one for just $2.00 there, and the commission charged was only $0.20).  While most of my buyers seem to first find my domain names through my website (or social media, perhaps), many prefer to purchase them through NCM.  
     One big advantage of the NCM in my opinion is that NC generally have cost competitive renewal rates for most  extensions, and also excellent value in shared web hosting.  The new Stellar Plus shared hosting with unlimited domains and storage is an especially good deal. Therefore, if your end user has plans to use the domain they are buying to set up a first website, it is fast and easy.  The new owner can literally have their website up the day they purchase the domain from you.  
     While other registrar marketplaces exist and are great (Namesilo comes to mind), I like NCM a lot.  If you decide to list there, I wish you all the best.

Happy Domain Investing,
Bob

ps While I won't be able to edit this one, I am planning to post a version that I will update on my blog at this link: https://agreatnameforyou.blogspot.ca/

pps Disclosure:  I have no association with NC, other than as a user and an affiliate account, and was not compensated or encouraged to create this post. 

Sunday, February 11, 2018

Thoughts on Domain Market Choices

Introduction

I recently wrote a long post on the Namepros site with my thoughts regarding options for listing and display of domain names.  In particular I look at Afternic, Efty, Namecheap Marketplace and Undeveloped as options, as well as your own web site.  I have slightly refined the post for display on the blog.  You can see the thread with my comments and those of others here.

I have recently listed about 25% of my domain portfolio on Afternic, and about 60% on Undeveloped. For a somewhat longer time had Efty landing/market for the majority of my domains. I have listed a variable number of my domains on Namecheap Marketplace, and I do have all of my domains on a personal website, and most in a catalog there. So far all of my sales (20 low value ones) have been on Namecheap Marketplace, either directly or after making communication via my website. Here are my thoughts on each of the options I have tried (I have not used Sedo or Flippa so they are not covered here, even though popular choices).


Afternic

Afternic is one of the largest networks of domain names for sale (about 13 million domains listed as I write this), and they claim that they reach the largest audience  (25 million or 75 million audience according to whether your domain name qualifies for the premium network).  (to get it need both be registered with one of the fast transfer supported registrars like Namesilo or GoDaddy) AND it be an extension they support (.com .net .info .org .biz .pw and a few others but no new gTLDs) and the price be BIN and within the supported range. Their commissions are (20%), and they have a $15 minimum. I have not had a sale so can't comment on how smoothly payout is via Afternic. 

They seem to have an unusual approval process for adding new domain names - I never handle poor taste, adult themed, drug, political, or get rich quick type domains, or those with obvious trademark issues. When I list at Afternic about 90% get approved instantly, but the other 10% often sit for a week under review. I have given up and listed elsewhere several of these domain names, so I am not sure if they would eventually be approved.  Afternic really need to provide better feedback on why a name is under review and when it is likely to be approved. 

I tried parking a few domain names with Afternic, but I really dislike that even though the domains have a buy it now price, all the person entering the domain name in a web browser first sees is a page telling them to phone Afternic and they will give them the price. I think a lot of potential purchasers would like to see the price, before deciding whether to telephone an agent.  Another issue is that the user does not see any of the description of the domain name even though one is entered (and can be seen if they do a search on the domain name on the Afternic site, rather than entering it exactly in a browser).  So I no longer park with Afternic. 

With Afternic you can readily create a link that will take the purchaser to the domain names you have for sale in your portfolio - e.g. my current Afternic listed domain names are at this link

You don't pay fees with Afternic until your domain name sells, so why not give it a try if you have some domain names to sell?


Efty


Efty is great for handling your portfolio (note that it is not a marketplace in the sense of the others, although you can make your own personal Efty marketplace).  When you add domains to your Efty portfolio they automatically use Whois to fill in the details of your registration settings such as where registered and expiration date.  Efty is a great way to keep track of a large domain portfolio, and as such has no real competitors.

Efty allows you to have buy it now prices, and also to accept offers, with a range set for those offers. You can direct a domain name so that it acts as the central place for all of your Efty listings.  For example, mine is www.frugal.bid. Note that they only show a few recently added names at the home page, but if you scroll to bottom of page you can find see all that are available, and can search by extension, subject or other ways.

Efty recently offered a secure option for your marketplace if you have all but their most basic type of account.  It is also possible to make a link for each domain name that takes it to a secure lander.  This is an important advantage, especially in light of the upcoming Google Chrome changes requiring secure sites in order to not have a user warning.

When you sell a domain via Efty you are essentially handling the sale yourself, even though escrow options and both  PayPal and now Stripe are integrated with the platform. The plus side of this is that you don't pay any commissions (Efty do have a monthly fee, however). On the down side, there is not a third party acting as an intermediary for the transfer (unless your escrow choice does that). 

The PayPal (and I presume Stripe, although have not used that yet myself) integration with Efty is smooth. However, when you have a sale, it is not like the others with a third party handling it. So far I have not managed to get a legitimate offer via Efty. 

I like the choice of themes at Efty, and their landers are fast compared to Undeveloped. I like somewhat the text plus multiple bullet points display format at Efty, but find it too restricted on length of text (and once you implement BIN with Paypal link the bullets no longer show). You can add logo to make the market look more attractive, although the resolution is limited. 

People probably won't find your domain except by entering the exact name in a web browser or being directed from links at your own website or social media accounts. 

If you have domain names to sell and have not tried Efty you should, and they have a 30 day free trial period. The people who run Efty are very responsive, and the system is very easy to use. The service keeps getting better, and once you are past a few dozen domain names to manage it really helps to have a service like Efty.


Namecheap Marketplace

I like Namecheap a lot as a registrar, and when you have names registered with them it is very easy to place them for sale on their marketplace. I really like how fast and automatic the purchase and transfer is for both buyer and seller.  I have explained the transfer process in a previous post that you can read here. 

I have both bought and sold domain names via the Namecheap Marketplace numerous times, and without exception the process has been fast and smooth. You find a domain name that you like, add it to your cart, sign up for a free Namecheap account if you don't already have one, pay for the domain and you are done.  They will automatically move the domain name from the sellers to the buyers account.

Namecheap handle everything, which makes the transaction secure for both buyer and seller. The seller will get an email saying that the domain name was sold, and the funds are released 5 business days later (you can only take out into PayPal after you have $100, but can put any amount into your account to purchase new domains). The commission is a straight 10% (the price per domain must be between $1 and $1000).  Note that the minimum was recently reduced to $1 from $5, so it is now even better as a place to sell bargain domain names.

There are two big advantages to buying on the Namecheap marketplace. ICANN have a 60 day transfer restriction in general - after a domain name has been newly registered or changed ownership normally you can't sell it to someone else for 60 days.  However, you can sell it during this period on the Namecheap Marketplace as the ownership transfer is all done via one registrar. A second big advantage is that when you purchase on the Namecheap Marketplace ihe new owner does not need to add an extra year of registration (normally when the name is transferred to the new owner at a different registrar in addition to paying the cost of the domain name sale, the new owner needs to add a year of registration at the new registrar). As many of my domains are registered already for multiple years, this is a big advantage. 

For those buying a domain to set up a first website, the excellent hosting at reasonable prices that Namecheap offer make it easy for purchasers to buy your domain and be up and running quickly. I think we underestimate how important this is to new end users. Namecheap recently updated their shared web hosting options, and they are cost competitive for the feature set offered.

You can easily make a single link that will always be updated with what you have currently listed - e.g. mine is here. You can only list domains registered with Namecheap on their marketplace, however.

One big limitation is that the Namecheap Marketplace has its own search (under the Domains tab there is a Marketplace setting).  A lot of potential purchasers will not realize that this is necessary, and totally miss seeing your names.  I so wish they integrated their Marketplace listings with their general domain name search.  I have not figured out the conditions, but some of your domains will show up there.  I think they need to have a price that is some multiple of the renewal fee, and that they need to be set for some minimum sales period (but I may be wrong as some show and some do not).

Namecheap Marketplace has a $1000 limit, and the amount of traffic you will get will be limited to Namecheap Marketplace users and any others that you direct there. I don't find it an effective price to sell domains at more than tens of dollars in price normally.  In summary, I find the Namecheap Marketplace an excellent place to buy and sell domain low value domain names, but not a good place to find available domain names.

Undeveloped

One of the fastest growing sites for resale of domain names is undeveloped.com (although their total number of domain names is much less than Sedo or the Afternic network).  For sellers undeveloped have a really simple commission structure,  just 9% of the sale price with no minimum.

They offer purchaser assurance by handling transactions as a third party and most of the time the transfer is done within 24 hr.  They claim that since 2014 there has not been a single transfer with problems, which is an incredible record and one that gives potential buyers confidence.  They have recently made the currencies shown adapt to the region of the seller.  

As a seller I find the landing pages more elegant at Undeveloped compared to Efty.  It is easy to point your domain name servers so that those entering the domain name are pointed to your undeveloped listing. However, at least from North America their landing pages are somewhat slow to launch  (they apparently are working on improving this). Undeveloped allow you to add more text than Efty.  You can readily have offer or buy it now prices, and they provide some research on what things facilitate sales (e.g. having a buy it now price and showing who you are rather than just using a username). 

You can make a single link that will go to your portfolio of names on Undeveloped, although only a few will show up at first (my Undeveloped portfolio is here). 

There is no doubt that Undeveloped is becoming more popular, with both sellers and purchasers. If you look at the Namebio high value sales so far in 2018 they are solidly represented. I hope they will become the goto place for potential purchasers to look for domains, as I think they treat domain sellers and buyers really well. Since you don't pay until your domain sells, why not try out Undeveloped for yourself, if you have not already?

Your Website

I have recently started going back to pointing my domains at my personal website (NamesThat.win).  I think this has advantages.  I can control how the domains appear, and also highlight other domain names in the similar category.  I provide a section that lists all available names alphabetically, as well as a catalog that has them divided by theme.  Depending on the domain name I sometimes make the domain name when entered go to the alphabetical list, while at other times it directs to a catalog category . For example, if you click on www.nanodevice.co you can see how this works - you go to a catalog page with all of my nanoscience related names.

Other Options

There are of course other options, the most obvious being Sedo and Flippa, as well as selling domains to other domain investors on Namepros.  Since I wanted to restrict my remarks to sites I have actually used, I am not providing comment on them here.  Another option worth considering, especially since it does not have fees if you have only a small number of domain names to list, is Tough Domains. One of the other posters on Namepros pointed out that Namesilo have a marketplace that is similar to that of Namecheap - I may well try that out in the not too distant future, but have not done so yet. 

If you are looking to mainly sell to other domain name investors at wholesale prices, the vibrant domain community NamePros is an excellent (and free!) option. You can set up sales with buy it now prices, auctions, or even as part of a bundle of domain names. Also, don't overlook browsing the Requests section of NamePros where members post requests for domain names they are looking to buy.  


Final Thoughts

You should not think of making a single choice, as you want to get your domain names into as many eyes as possible. If you do list a domain name at more than one place, however, it is safest to have a buy it now price at only one place, so there is no chance that it can be simultaneously purchased by two different parties (and then take down the buy it now when you have an offer you plan to accept).

I think those of us in the domain community need to think carefully from the perspective of a potential end user.  That person wants a simple and attractive way they can find good options with price information available up front.  They want a purchase process that is both smooth and trustworthy and relatively fast. Finally, since most will want to establish a web presence with the domain they have just purchased, the steps to go from obtaining the domain name to hosting should be easy and reasonable in cost. 

That leads me to believe that the best option, even though it is a bit of work, is to have your own website with a wealth of attractively presented information, but have links where the actual purchase can be done through a third party such as Undevelped or Namecheap. I have done that now for  my domain names (see the alphabetical list here). 

I also plan in the months ahead to launch user services that will provide assistance with both the purchase and followup.  That is, if desired, I will help the purchaser individually with the steps in buying the domain through a linked marketplace (and make it available for a BIN at their preferred place), and also provide follow up assistance with getting the DNS settings right, and getting a hosting package, again if desired.  

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