Afternoon Folks!!
The new gTLD demolition Derby is in full swing. It's hard to fathom just how TERRIBLE these domains are doing but hopefully, the following graphs and numbers will help.
As you can see from the graph below GTLD's have found a CLIFF and they are falling off it right now.
Growth for the period of November 2019 till TODAY in February 2021 has been ZERO!! GTLD's are back to November 2019 levels!! Imagine 1000 companies trying to sell something nobody really wants and COMBINED can't even get to a NET GAIN of ONE! It's almost impossible!! Call Guinnesse's cuz this may be record-setting!!
So there is 2021 for ya. Below we will show what today looks like as I could not find a single registration but we did find nearly 1.4 MILLION drops on just the top 10 LOL domains! Now about 29.5 Million Total and melting like the witch from Wizard of Oz!
It is starting to look like this every single day. Domainers that drank the kool-aid and finally threw in the towel.
Below is a graph of what I would assume is a Domainer BUYING about 7000 .Tattoo domains in 2019 and you will see them all dropping 1 year later. I could not fit the entire graph it was more important to show you the BUYING from 2019 then the graph that goes all the way down, today.
I could do this all day long with extension after extension. It's ugly! They are not even flatlining. They are bleeding and they are bleeding heavily.
So how many of the new G's are owned by domainers vs END-USERS. It would be my best guess that OVER 98% of all new G's are in storage by domainers trying to hang on.
Then there is the .Club HYPE!! PLEASE! It's ass backward folks! Just because clubhouse took off?? It's not HouseClub.com. If there was ANY beneficiary it would be .House. But .CLUB?? That's why so many domainers FAIL. They are ass backward. My WhoreHOUSE.com is a bigger beneficiary than the entire .CLUB registry! How do so many "Professional Domainers" get this so wrong. I think it is pure desperation!!
We have witnessed an epic marketing failure the likes of which have really never been seen before. 1000 new extensions and 1000 losers. Congrats!
I stated years ago (2013) that this was going to be a "Demolition Derby". IT IS! It's a "Clusterfuck". IT IS! Here are all my blog posts with "CLUSTERFUCK" and most talk about GTLD's!
In the meantime .com domains have continued to be more and more important and of course prices have reflected that. When I look at the top 10 new GTLD sales each week on DNJournal.com usually 6-7 slots are taken by legacy extensions like .net and .org. Those 2 extensions are the winner as I predicted YEARS ago RIGHT HERE in 2015.
If I can see this garbage coming 5 and 10 years in advance, what the hell is the excuse for not seeing it now in light of ALL the evidence?? I articulated only a FRACTION of the pitfalls. I wanted to be on the record. It was an epic lesson in foreseeable failure.
The registrars for the most part made out like bandits. They were bandits. They swallowed up MILLIONS of domain investor dollars like a vacuum cleaner. How many total drops?? TENS of millions. Maybe HUNDREDS! I don't blame them. They had bags of smoke and their job was to sell and market them. Foolish domainers looking for the "Second coming" got sucked in with dreams of riches but most went broke. The smart ones learned. They will chine in on the comments I am sure!
This failure was easy to spot because in my 50 years of business I have NEVER EVER seen a product with so many pitfalls. EVER! It was and remains the single biggest business clusterfuck I have ever seen. The only thing left is the funeral. And with Frank Schilling auctioning off his own GTLD's, the new GTLD era is over!! Matter of fact, it would have never taken off at all without Frank.
Have a GREAT Day!
Rick Schwartz
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