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Domain Industry Companies
.vip domain hits $5.5 million and 400,000 registrations
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<blockquote data-quote="Andrew Allemann" data-source="post: 2257669"><p><strong>New domain continues to grow in China.</strong></p><p></p><p>.VIP is proving to be a winner for MMX (Minds + Machines).</p><p></p><p>The company <a href="http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/MMX/12843570.html" target="_blank">announced</a> today that it already has $5.5 million in sales (wholesale) of .VIP domains after three weeks on the market.</p><p></p><p>It <a href="http://domainnamewire.com/2014/09/17/amazon-dotby-dottech/" target="_blank">paid $3.0 million</a> to win rights to the domain in an ICANN auction. Not a bad payback period.</p><p></p><p>Over 400,000 .vip domain names have been registered and all have been paid registrations. MMX CEO Toby Hall commented:</p><p></p><p style="margin-left: 20px"></p> <p style="margin-left: 20px">The exceptional take-up we are seeing of .vip is being achieved without using a freemium strategy or equivalent to boost numbers – the latest surge coming from standard name registrations bought through the registrar channel. This bodes well for renewal rates and the long-term reputation of the domain. We very much look forward to the ongoing growth of .vip billings.</p> <p style="margin-left: 20px"></p><p></p><p>While most of the demand has been in China, .vip also has some demand in the West. I pre-ordered about ten domains at GoDaddy and all but a couple ended up in auctions. I now own Florida.vip, Austin.vip and Backstage.vip.</p><p></p><p></p><p><a href="http://domainnamewire.com/category/podcasts/" target="_blank"><img src="http://domainnamewire.com/wp-content/dnw-podcast-rss.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a></p><p>© DomainNameWire.com 2016. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact copyright (at) domainnamewire.com.</p><p></p><p><strong>Latest domain news at DNW.com:</strong> <a href="http://domainnamewire.com" target="_blank">Domain Name Wire</a>.</p><p></p><p>The post <a href="http://domainnamewire.com/2016/06/07/vip-hits-5-5-million-400000-registrations/" target="_blank">.VIP domain hits $5.5 million and 400,000 registrations</a> appeared first on <a href="http://domainnamewire.com" target="_blank">Domain Name Wire | Domain Name News & Views</a>.</p><p></p><p><span style="font-size: 15px"><strong>Related posts:</strong></span></p><p></p><ol> <li data-xf-list-type="ol"><a href="http://domainnamewire.com/2016/05/23/dot-vip-domain/" target="_blank">.VIP hits 200k registrations, $3.2 million within 5 days </a></li> <li data-xf-list-type="ol"><a href="http://domainnamewire.com/2012/07/16/verisign-233-million-domains/" target="_blank">Internet hits 233 million domain names </a></li> <li data-xf-list-type="ol"><a href="http://domainnamewire.com/2015/10/22/verisign-9-2-million-new-com-and-net-registrations-last-quarter/" target="_blank">Verisign: 9.2 million new .com and .net registrations last quarter </a></li> </ol><p></p><p><a href="http://domainnamewire.com/2016/06/07/vip-hits-5-5-million-400000-registrations/" target="_blank">Continue reading...</a></p></blockquote><p></p>
[QUOTE="Andrew Allemann, post: 2257669"] [B]New domain continues to grow in China.[/B] .VIP is proving to be a winner for MMX (Minds + Machines). The company [URL='http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/MMX/12843570.html']announced[/URL] today that it already has $5.5 million in sales (wholesale) of .VIP domains after three weeks on the market. It [URL='http://domainnamewire.com/2014/09/17/amazon-dotby-dottech/']paid $3.0 million[/URL] to win rights to the domain in an ICANN auction. Not a bad payback period. Over 400,000 .vip domain names have been registered and all have been paid registrations. MMX CEO Toby Hall commented: [INDENT] The exceptional take-up we are seeing of .vip is being achieved without using a freemium strategy or equivalent to boost numbers – the latest surge coming from standard name registrations bought through the registrar channel. This bodes well for renewal rates and the long-term reputation of the domain. We very much look forward to the ongoing growth of .vip billings. [/INDENT] While most of the demand has been in China, .vip also has some demand in the West. I pre-ordered about ten domains at GoDaddy and all but a couple ended up in auctions. I now own Florida.vip, Austin.vip and Backstage.vip. [URL='http://domainnamewire.com/category/podcasts/'][IMG]http://domainnamewire.com/wp-content/dnw-podcast-rss.jpg[/IMG][/URL] © DomainNameWire.com 2016. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact copyright (at) domainnamewire.com. [B]Latest domain news at DNW.com:[/B] [URL='http://domainnamewire.com']Domain Name Wire[/URL]. The post [URL='http://domainnamewire.com/2016/06/07/vip-hits-5-5-million-400000-registrations/'].VIP domain hits $5.5 million and 400,000 registrations[/URL] appeared first on [URL='http://domainnamewire.com']Domain Name Wire | Domain Name News & Views[/URL]. [SIZE=4][B]Related posts:[/B][/SIZE] [LIST=1] [*][URL='http://domainnamewire.com/2016/05/23/dot-vip-domain/'].VIP hits 200k registrations, $3.2 million within 5 days [/URL] [*][URL='http://domainnamewire.com/2012/07/16/verisign-233-million-domains/']Internet hits 233 million domain names [/URL] [*][URL='http://domainnamewire.com/2015/10/22/verisign-9-2-million-new-com-and-net-registrations-last-quarter/']Verisign: 9.2 million new .com and .net registrations last quarter [/URL] [/LIST] [url="http://domainnamewire.com/2016/06/07/vip-hits-5-5-million-400000-registrations/"]Continue reading...[/url] [/QUOTE]
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