WLS: Judgement Day

[garymayor]

Explain yourself please as I hear this all the time people just laff at you but I believe it'll be me laffing at you very soon.

 

[Luc]

Explain yourself please as I hear this all the time people just laff at you but I believe it'll be me laffing at you very soon.

i'm not laughing at you, but rather at your comment. sorry, but for the sake of time I won't walk you through why WLS won't work for the little guys. search this board, i posted mathematical proof in several threads that shows the facts. i've done this at least 5 times and i dont feel like doing it again.

as far as you laughing at me, talk is cheap and only time will tell. but if you think WLS will be your salvation, you should start looking for another job.

good luck!

 

[garymayor]

Can't be bothered to argue anymore lets wait and see

 

[WebCat]

WLS is a way for any one to have a go it doesn't matter how big you can bid on a auction at pool all the matters is when you know what domains will drop. Look into that and if WLS takes off you'll be a winner rarther than the big wallet players.

Luc, if I may......

Gary, he is not laughing AT you, he is laughing at the naiveté of your premise. Get out your calculator and do one simple calculation:

DicsountDrugs.com just sold for $30,000.00

Divide that by $39.00 and you get 769. With the WLS, that buyer COULD have bought 769 WLS slots for the price of ONE good domain now.

The "big" boys have MILLIONS to spend buying those little $39.00 WLS slots, and when they do, that domain is GONE GONE GONE......

Unless YOU have the millions- you will have NO shot at anything. These boys can and will (and probably already have) buy up the WLS slot on every decent domain that has any chance to drop in the next 5 years.

Sorry- game over, move on, find another way to play, because catching drops will be GONE GONE GONE!

Sorry if I sound like a pessimist, I'm just being realistic! It's the hard truth!

WebCat :'(

 

[Luc]

Luc, if I may......

Gary, he is not laughing AT you, he is laughing at the naiveté of your premise. Get out your calculator and do one simple calculation:

DicsountDrugs.com just sold for $30,000.00

Divide that by $39.00 and you get 769. With the WLS, that buyer COULD have bought 769 WLS slots for the price of ONE good domain now.

The "big" boys have MILLIONS to spend buying those little $39.00 WLS slots, and when they do, that domain is GONE GONE GONE......

Unless YOU have the millions- you will have NO shot at anything. These boys can and will (and probably already have) buy up the WLS slot on every decent domain that has any chance to drop in the next 5 years.

Sorry- game over, move on, find another way to play, because catching drops will be GONE GONE GONE!

Sorry if I sound like a pessimist, I'm just being realistic! It's the hard truth!

WebCat :'(

Thank you webcat!!!

That is the same formula I've been showing on here for the past 8 months (except with different samples).

And then they'll ask, hey, I got a SNAP on a good name, that means that I'll get a WLS too! The hell you will. As far as I'm concerned, all the good slots will be booked a year (if not more) in advance. No one buys snaps because they only guarantee a 30% success rate (much less now), so the big players don't put all the resources on them. Now imagine a snap that guarantees an 100% snap rate. wouldn't you go crazy buying that.

Finally, someone who understands the situation..... Whew!!

 

[Luc]

Hey mate what was going on before these auction systems came about???

Gary. You talk about the old days but I don't think you were around for that long. If you were, you'd know that NameWinner had about the same success rate as SnapNames a year or two back. And they've been around for ages before pool.

Auction systems aren't new. NameWinner IS an auction system.

 

[oxen]

Is WLS only work for .com .net and .org?

 

[Yojimbo]

I suppose time will tell who is right in this debate but in my life experience money has always prevailed as an industry matures. I think that will be the case in the domain industry as well and the big money players will dominate no matter what system is instituted. The only way I can see that the "little guy" will be able to compete will be to pursue the names before they expire. In fact if anyone wants to write me a script that will sift through domains and cull out the one's that expire in a week I would be interested in purchasing it. I suppose it would be easy but I don't have that skill set. : )

Jeff

 

[mole]

The only way I can see that the "little guy" will be able to compete will be to pursue the names before they expire.

The "little guy" competes by being a specialist.

The "little guy" takes less than 50 WLS slots, but does 10hrs of reseach on each name to establish likelihood of a business failure, whois that appears malfunctional now and in the near future, abandoned interest.

The "little guy" knows that the ONLY window they have is in the first five seconds of the WLS launch - and have long already secured all WLS slots in first-come queues and closely monitors emerging ones like a hawk.

The "little guy" always has a backup plan. Should the WLS slot be secured by someone else, the registrant contact strategy automatically kicks in.

The "little guy" focuses all their money like a laser beam on very few names, and are prepared to outbuy the big boys if needed.

The "little guy", are the WLS supporters.

 

[Nexus]

The "little guy", are the WLS supporters.

I agree with everything up to the last point. Most of the "little guys" won't have a CLUE, because they'll be too busy hating WLS and gnashing teeth to avoid self-fullfilling prophecy. I think the truest advantage of the well-equiped "little guy" will be as Duke and Catcher noted... Knowing a NICHE. Big players operating in "niche" areas, are ridiculous. Why has Apple returned to profitability? They stopped acting like a "big player" (got rid of the clones, stopped trying to compete in raw power) and went back to exploiting their "niche" (cutting edge technology, UI, and integration.) Big players can succeed in niches, but I believe it is the exception. Niche-names will look like CRAP names to big players. Small players can better monetize niche-names than big players ever will.

WLS is a tool for generating clarity in the market space. As a tool for generating uncontested domain dominance by long term volume buyers, I think over time it will prove to be a very very flawed system.

"This is a bad land for Gods,"
- American Gods / Neil Gaiman

~ Nexus

 

[Nexus]

Is WLS only work for .com .net and .org?

Only dot-COM and dot-NET, Oxen. I think other registries have either decided not to ever do it, or have taken a "wait and see" approach. I can't remember which have said what though.

~ Nexus

 

[mole]

I Niche-names will look like CRAP names to big players.

http://www.biomedics.org

I won't underestimate this if I were you. But I do agree that gnashing teeth with hate is a marked psychological disorder for the anti-WLS supporters.

 

[mole]

Only dot-COM and dot-NET, Oxen. I think other registries have either decided not to ever do it, or have taken a "wait and see" approach.

WLS - Wait, Let's See

 

[Nexus]

I don't think "biomedics.org" is neccarily a "niche", but I agree with you.

I'd define a "niche" more as registering a number of otherwise generic, but "brandable" names like "BookNexus.com", "BookMarketer.com", or "BookEmporium.com" and selling these names in pre-fab site bundles for budding Internet enterpeneurs. I think niche's often involve "value-added" propositions, or specialized names that may make little sense to other people... like "Vitalism.com", but to which the new registrant already has a buyer in mind.

Not sure if BuyDomains lets names go, but UltSearch certainly does. I think it all works itself out over time. It has to make sense at some point, and I think certain stock simply doesn't make sense to keep year after year.

~ Nexus

 

[oxen]

Only dot-COM and dot-NET, Oxen. I think other registries have either decided not to ever do it, or have taken a "wait and see" approach. I can't remember which have said what though.

~ Nexus

Thanks Nexus - so the only games left for small players are: .info, .biz and ccTLDs. Could this be the reason why .de and .info secondary market has been active lately?

 

[NameTower]

I haven;t really paid much attention

but are all registers going to be able to get WLS Spots?

Price?

Day Decided?

Maybe I'll attempt a few

 

[mole]

That's the game plan, tower. All registrars will be able to get a crack at it if they admit they were wrong to oppose WLS in the first place.

If that happens and many registrars participate for the launch, it will be the ultimate nightmare for the big players, since any attempts to buy favors from any one registrar will only be diluted by queues in tens of others.

 

[sacX]

Anyone have information on the current WLS time line for going live?

 

[dotNetKing]

* There Will Always be "Good Names" to Get a WLS Slot on in Some Cateogory or Another...

If there are good names without pool/enom/godaddy/NW etc bids on now, one day before the drop, and even on drop day, I think it is very likely that there will be good names to get a WLS slot on. Probably a lot less though than there are at the moment.

 

[think]

Anyone have information on the current WLS time line for going live?

There are still some hurdles to be overcome before WLS can become a reality. News will probably spill and splash after the March 6th meeting in Rome by Icann. Also US Department of commerce must approve Icann's decision from what I am reading. I am not sure what is involved with US Commerce Dept. decision process but like anything else it will add to any delay in WLS.

Latest news:

http://www.eweek.com/article2/0,4149,1538085,00.asp