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On the contrary, these gTLDs have only increased the value of .coms.
by puranjay 8y ago
On the contrary, these gTLDs have only increased the value of .coms.
- lucb1e 8y ago... and why is that?
- puranjay 8y agoA glut of goods perceived to be lower quality in the market will increase the desirability of the more "exclusive" higher-quality options (in this case, the .coms). Like where I'm in India, Nike is substantially more expensive precisely because there are too many crappy shoes in the market. Nike is more "exclusive" and thus, pricier (and vice versa). Another reason is the low education among ordinary users about the new TLDs. Everyone automatically defaults to assuming that your site is on .com Companies stand to lose a lot of type-in traffic because of this. Which is why as soon as a business becomes large enough, it tries to go for its .com version. But since the .com version is already taken, and the owner knows the growing company wants it, he can dictate a higher price
- lucb1e 8y ago> Nike is substantially more expensive precisely because there are too many crappy shoes in the market. Nike is more "exclusive" and thus, pricier But is Nike expensive because they want to be exclusive, or because there exist other players in the shoe market? For example, I could invent a flying car and sell it at high prices, so it's both a flying car and a status symbol. Then in 20 years, my patent expires and others can make cheaper models, but if I don't change my price, my brand brand will maintain its status symbol. I don't think the availability of other players in the market affects the price. > Everyone automatically defaults to assuming that your site is on .com Yes, but is that new? People already assumed that and this is not caused by gTLDs, so it does not drive the value of .com domains up beyond what they already were.