Home New gTLD Page 2

New gTLD

XYZ Looking to Hire a Domain Sales Executive

5

Have you excelled at selling domain names but don’t have the bankroll to build your own portfolio? The XYZ Registry is looking to hire a Domain Sales Executive, according to a tweet posted by the company today.

Here’s an excerpt about the job scope taken from the job listing:

Key Drivers Behind 60% Net Profit Growth for Radix

5

Radix sent me its 2021 revenue report, in which the company shared that it saw significant growth over the prior year. The company reported a gross revenue total of $38 million in 2021, a 35% increase from 2020.

In comparing 2021 vs 2020, the company’s net profit grew by more than 60%. I asked a company representative what the key drivers of the profit growth were. I was told it was due to a boost in the sales of its premium domain names and stronger renewal rates.

What XYZ Will Do Differently for Newly Acquired Extensions

0

Last night, ICANN broke the news that 11 domain extensions that were operated and sold by UNR have been reassigned upon approval from ICANN. The .HipHop extension was reassigned to Dot Hip Hop LLC (a company started by Monte Cahn and Jeff Neuman), and ten extensions were assigned to XYZ.COM LLC, the company operating .XYZ and many other extensions.

The ten extensions that were acquired by and assigned to XYZ are: .Audio, .Christmas, .Diet, .Flowers, .Game, .Guitars, .Hosting, .LOL, .Mom, and .Pics. Including these ten extensions and its flagship .XYZ extension, XYZ now operates 33 domain name extensions.

My First .XYZ Sale: Bought for Less than $300, Sold for…

3

I was having lunch with my wife earlier today when I received an email from one of my favorite senders: Afternic Transaction Assurance. The email was sent to let me know one of my domain names listed for sale on Afternic was just sold. It is always nice to receive these emails.

Surprisingly, the domain name that was sold was one of the .XYZ domain names I purchased late last year via Dan.com for less than $300. In total, before today’s sale, I purchased and owned 4 .XYZ domain names. The combined acquisition cost of the four domain names was right around $1,000.

Google Developers Explain .Day Domain Names

5

Until reading an article in Cnet yesterday, I had no idea that .Day was a domain name extension. Apparently, it is an extension being operated by Google, and the idea is that people or groups will buy .Day domain names to promote meaningful days. The WWF, for instance, could buy Wildlife.Day to celebrate Wildlife Day.

Here’s a short video posted to the Google Developers account on YouTube promoting .Day domain names:

Beware of High Annual Renewal Fees

When I bought a handful of .XYZ domain names, I had a look at the list of premium .XYZ domain names to ensure I wasn’t going to face the decision of paying a high transfer/renewal fee or losing my initial acquisition investment. Domain investors who buy non .com domain names that aren’t ccTLDs or legacy extensions need to be mindful of the potential landmine that are premium renewal fees.

Marc Kohlbrugge shared a warning on Twitter after he purchased a domain name for $5,000 that had a $55,000 annual renewal cost:

Recent Posts

Squadhelp Scans for Similar Developed Domain Names

3
Companies that own domain names and operate websites on sub-optimal domain extensions are often the most likely candidate to purchase the better domain name...

My Thoughts on GoDaddy / Dan “Commission Alignment”

8
As part of his coverage of GoDaddy's pending acquisition of Dan.com, Andrew Allemann published an interview with Paul Nicks, President of Domains, at GoDaddy....

Don’t Put Too Much Stock in One Sale

2
I had a nice five figure sale to close out last month. It was the kind of name I can easily replace, and in...

My Thoughts on GoDaddy Acquiring Dan.com

18
I list nearly all of my domain names for sale on both Dan.com and GoDaddy (via Afternic). The domain names mostly resolve to Dan.com...

Bird is the Word on Bird.com

1
According to a DNW article in November of last year, the Bird.com domain name was sold for an undisclosed price to an undisclosed buyer....