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Originally Posted by nameslave  Sorry to say, but judging from your long but incoherent post, isn't it obvious that you don't quite understand demand and supply well enough.
I remember when some "smart" people bought up the remaining 3-letter .biz and .us, prices DID go up a bit. But when demand fails to feed, it's now back to square one. More amazingly, some even TRIED to pull the same stunt on 4-letter .com; but I couldn't even wish them good luck.
In other words, there's simply no way to manipulate a near perfect market (as in .com), where few would be resourceful but dumb enough to try play God's Hand, and the "group buy" strategy doesn't work.
When a speculator buys a domain (either as new registration or from the aftermarket), it IS demand. There really is not a clear line between end-users and speculators. I have "investors" paying 4 - 5 figures and end-users sub-hundred.
"Zero supply" of course does not equal demand, but the buyout effort which made it so does. As long as those speculators keep renewing, there is a demand. The same is true for those 42 millions .com and .net (if your numbers are correct): people are willing to spend more than $250 million dollars on domain registration, and you don't call it demand?!
That Econ 101 rule (of demand and supply) OF COURSE works for domain names. The thing is whether you truly understand how it works ... or not. |
If you want to take old models of business and ATTEMPT to supply them to domains, then you need to go to an old model business.
For any one to sit there and tell me this is about supply and demand is off their mark. The reason? There is only ONE OF each.
Now, does that create demand? In 99.99% of the cases - NO. The reason? There are 42 million parked pages in just .com and .net. How many in all ccTLD's are parked?
You equate a supply as being one of taken.
That is great if you are trying to convince a domainer. But there is this thing called gTLD's and .net, not to mention ccTLD's. The only limit to a supply is constrained by the number of TLD's. And guess what? We are about to get slammed with more.
How successful do you think .nyc, .london, .berlin will be? And why? What are the backers of these claiming is the reason these are needed?
You need to convince the world that diner.nyc, tube.london, tek.berlin are not needed because all someone who have to do is buy the .com, .net, .de, .co.uk, or .us.
All are available. All are available FOR A HEFTY PRICE.
You have no idea how domainers sitting on domains has created the very market conditions we currently see.
Take all the perhaps billions of domains and tell me how many are actually sites?
How many are upper echelon prime?
Then there is the rest. There is no problem with supply.
Because when someone asks to buy a domain and it is so damn over priced what happens? They go elsewhere. The supply is an endless stream of bullshit but also some very great alternatives in many other extensions or even in the .com.
And domainers? Buy and park, buy and park. It does not matter if you are buying off someone else or regging.
Do you equate someone inquiring about a domain as "demand"? One inquire is equal to demand? This morning I got the first offer ever for qufs dot com. Why? I have no ideas. Does 4 years of ownership and one offer suddenly equate to Demand? If there are 1140 people bidding on a domain at snapnames, is that equate to demand? Why, because you have a captive audience of domainers bidding against each other? Out of 1140 how many are ready to see it through? How many drop out at 59, 70, 100?
You figures are so full of flaws and support my arguments precisely. Domainers buying domains off each other is like swapping spit - its keeping it in the "family".
That $250 million in regs demonstrates no end to the supply. $250 million in regs to me show the very dilution I was referring to. The percieved demand is newbies and wannabees getting into the market. How many truly great domains of that $250 mil are truly going to make it?
Lets say I don't understand economics 101 and all my years of marketing and advertising was not coming into play here.
You are actually calling domains a "near PERFECT" market. Domainers owning a domain and essentially wanting a kings ransom does not equal anything close to demand. The only demands are the ones coming from the owner.
Yes, there is a class all to itself that are near perfect to own. But what would that be? 100 words, 1000 words, 10,000 words? I have lists that will scan up to 100,000 of the most popular english words. Mercy, I have only mentioned english words.
So, professor, this is the lecture you would give to 1st year ecomonic, sociology, psychology, marketing, and management students?
If you did, you have just ****ed up these kids for life.
Then there would be some smart assed punk like me sitting in the back of the room that knows a thing about something and would comment,
Professor, how can this be a near perfect market when there is no limit to the supply? Even if we take the top 100 words of the english language and register them in ever extension, that is STILL only the top 100 words FOR each extension.
Are you telling me that if I want business.com I have to pay 5 million to get it? I have no choices? I can't have the .net for 50K? I can't have .info for 2.5K? I can't have .us for $500? I can't have .mobi for $35?
So if I have the .info I won't get any value out of it as a site? Even though .com, .net, .org, .us are parked and the owners are demanding too much for them? If I build a site of business.info to instruct people how to start a business, fund it, invest, etc then it will never succeed?
Yes, it all started with .com, then .net, then .org, .edu, .gov, .us, .info, .aero, .pro, .biz, and then there came a need to have more than just word.com. Along came
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