Quick Summary of Contents
I received an email notifying me that new domain name extensions are coming. It’ll be interesting to see how many small business owners as well as the general public understand Godaddy’s email in its most basic form.
Simply put, you will now have a chance to create a new domain name since the .com domain name you’ve always wanted is owned by someone who is either asking an arm and leg for the domain or has it parked with funny colors and links on pages.
So for example, you will have the opportunity to own WomensClothing.shop, WomensClothing.online, WomensClothing.luxury, WomensClothing.blog and WomensClothing.web since you can’t own WomensClothing.com.
As expressed in Godaddy’s email, the new domain name extensionss will open a door of greater opportunity that never existed before.I think GoDaddy did a reasonably good job trying to simplify the tsunami of new gtlds, or, as called by everyday people, new domain name extensions set to hit the domain market by the end of this year.
Why is GoDaddy promoting new domain name extensions?
My guess is that GoDaddy is trying to gauge small business or consumer usage of the new domain name extensions to be offered much like 1And1.com and others have been doing by offering a pre-registration form as well as a follow service to keep up with new domain name extensions.
But one thing to make note of for those who are completing pre-registration forms for their desired new domain name extension is the fact that doing so DOES NOT in anyway reserve or promise you the domain name.
The release of these new extensions will be quite interesting from a use point of view by end users, and search engine ranking and optimization. Devices that once dawned the .com button have now removed the button, leaving many guessing as to why.
I can’t wait until the new domain name extensions start dropping and are available to the general market. There will be confusion in this second virtual land rush event. My bet is that the launching of the new domain name extensions is going to be quite confusing to the general public. I also think there is a good chance that the new domain name extensions will increase the value of .com domain names as well as existing tlds such as .net, .org, etc. Only time will tell though.
What do new domain name extensions mean for the web?
Just like the great gold rush and oil booms, there will be losers and winners amongst the launching of new domain name extensions. For the most part, there are those who offer, those who flip and those who consume and use the names for their business or next business idea.
For those who offer, I feel those who are offering new domain name extensions will do quite well in terms of making money.
As for domainers who hold or flip, I think few will make quick flip profits but nothing as substantial as the value of .com domain names.
And for end users and their use of new domain name extensions for their business, I feel end users are not going to do so well in terms of increasing awareness for their businesses and may be a waste of money. Some will launch new websites while others will register new domain name extensions as defensive registrations.
Well, only time will tell whether the new domain name extensions will be a hit or miss. I’m sure there are a variety of opinions from all aspects and viewpoints of this great monumental event.
My advice is to do your due diligence on new domain name extensions and invest wisely.