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This is purely from a domain investors perspective but how confusing will it be later when all these Donuts domains are for sale on the aftermarket and have different annual renewal rates, and I mean individual domains even in the same extension have different renewals?
After getting my first new Donuts TLD the other day I started really thinking about them more in depth than I had previously, and the more I thought about them and read and called the registrars the more confused I got.
I deal in .tv now and they get confusing because of their “premium” and “legacy” and “no-transfer” and all these rules, it inevitably comes up during negotiations, it is not the end of the world but it is not as smooth as selling a .com or .net or most other extensions that have no transfer issues and they all cost the same amount.
With these new TLD’s the first thing I would want to know if I was buying one on the aftermarket is “how much are the renewals?”, I would ask this before I would even place an offer. And if the seller is paying $960 a year for a premium name at Dynadot and the same name was $1499 at GoDaddy, I assume it will cost the buyer $1499 if they want to transfer it to GoDaddy? I say assume because I have asked all the registrars this question and they get confused and stall out.
Since the prices seem to vary so much between registrars this will probably have to come into play during negotiations, trying to explain to a dedicated GoDaddy customer that the name will be significantly less at Dynadot. This might not matter when you are talking about $8 vs $12 but when you are talking x.singles is $1499 at GoDaddy and $960 at Dynadot it matters.
So I was trying to get to the bottom of what is a premium Donuts domain, what is not, what are renewal fees, etc. I was told by multiple registrars that it doesn’t matter what you pay for the domain up front renewals are always the regular renewal fee. This is not correct, some Donuts are premiums and have a premium price and a premium renewal fee. If you get x.singles, whatever the registrar is charging for the first year will also be the renewal fee, this is because it is a premium with a premium renewal fee and the price will not drop any less than it is showing now at the respective registrars.
But if you buy a premium domain that is still in the 8 day Dutch auction style pricing thing, meaning it starts at $12k and if it has no takers it drops in price everyday for the next week or so until it reaches it’s final premium price, it will have renewal fees equal to it’s final premium price regardless of what you pay for the first year, so if you pay $12k for the domain on the first day it will not have a $12k renewal, it will renew at the final premium price.
So how do you know what the final premium price is? It’s tricky, at Dynadot you can add the name to your cart and add multiple years and see what the 2nd and 3rd years are, so if you are paying $12k first year and the final premium price on the domain is $200 it will show $12,200 for a 2 year reg, $12,400 for a 3 year reg etc, if you don’t know this I suppose you have to just guess what you think it will drop to or wait the 8 days and hope nobody else picks it up. At GoDaddy I am not sure how to know this and neither are they, not anybody I talked to anyway, they show many of them as pre-registrations with no option for multi year reg’s. Confused yet?
Anyway it should be interesting to see how this all pans out…
Here are the domain picks dropping on February 11th 2014:
5EP.com – Decent 3C .com, if you like this I have 5SP.com
AtHomeSeniorCare.com – A bit long but many of us domainers will need this soon
Blackette.com – Not sure if its a word but it could be, black girls perhaps
Booted.com – I like it, I have been booted from some fine establishments
ClimateSavers.com – It might be too late but might as well give it a go
CoinFamily.com – Makes absolutely no sense to me but has the word coin in there?
CyberMondayOffers.com – It’s as big as Black Friday and getting bigger every year
DigitalMusicProduction.com – I like music ddomain, a bit long but I do this
DoJS.com – Do something…
DotForce.com – If you like words with dot as a prefix
EcomUS.com – Ecommerce US, sounds pretty good to me
ElectricCarConversions.com – I saw a few people on TV doing this
Khalistan.com – In Sikh political ideology, autonomous Sikh homeland
LasVegasGigs.com – I never played in Vegas but I bet it is a blast
LiveBitcoin.com – Anything with bitcoin must be worth huge money, lol
LocalLegalServices.com – Make a local legal services directory
PlumbersBoston.com – A good profession plus a huge geo
ProWidgets.com – Don’t mess with those amateur widgets
SalsaBachata.com – Bachata is a style of dance that originated in the Dominican
ScienceBuzz.com – Did you catch Bill Nye debating the kooky christian?
vFlowers.com – Virtual Flowers would be cool
Voluptuousness.com – Show me your voluptuos breasts, or something like that
WeGotSoul.com – Great name for a chicken and waffles place, soul food
ArtCurator.net
Consigned.net
DubaiDeals.net
Jazzbo.net
MovieGuide.net
VitaminEOil.net
FXToday.org
GardenGrove.org
GreenEnergyGuide.org
iBug.org
MiniMarket.org
Moonies.org
MyBets.org
Shreveport.org
TruckLeasing.org
DogShow.me
DVO.me
FrenchQuarter.me
Lodger.me
Mup.me
Planter.me
ArtFilm.tv
iTheater.tv
Sans.tv
Battles.info
Lemming.info
Miso.info
Periwinkle.info
Recycles.info
Sitter.info
AtomicBomb.us
Attached.us
RepairShop.us
Make sure you also check out Domain Shane’s Big List of names and Domaining.com for some other great domain blogs and domain name lists.
Domain of the day again: HotDonuts.com – Make me an Offer!
Thanks for visiting…
The first gold miners to the Klondike were confused as well…They ended up very rich…lol
I think lots of them died trying also…
Wow.
$1499 for x.singles???
No wonder it’s the only 1 character .singles available!
I don’t think there are any other 1 character domains with this price. Are there?
On another note. If you pay $400 for a domain at Go Daddy and then transfer to Dynadot then you pay $230 for renewals.
Yea it was the only one I saw at this price, also it has that Trademark warning.
On another note I forgot to make public that you got x.gallery lol, nice one…
lol
I posted all the bloggers purchases and didn’t post mine!
I got x.gallery and e.estate.
And a few others.
I didn’t pay anywhere close the $1499 price.
Nice picks Konstantinos…
I see Acro likes the letter x as well!
I love the letter x too…
Aaron,
Perfect example. It is known that the first gold miners made squat but the people selling them the pick and pans that got rich.
You just gave me a new idea for a domain picks and pans posts lol…
Mark, darling, why don’t you use a little bit smaller font?
Because I am getting old lol…
I would love to own x.singles, but at that renewal price, it would have to sell at over $2x,xxx to make it worth the risk in my opinion.
I guess these registries have to make their money somehow… and with some of the extensions being extremely niche, I can see a lot more “premium” domains coming to a registrar near us soon.
X.singles was my favorite, the first one I checked, the one that motivated me to see what was up with all this premium renewal crap, if it was $960 first year ($1499 at GoDaddy) and regular renewal I might have considered it, no way at $1k per year, it’s like an old .tv “legacy premium” ideal lab nightmare flashback, been there, done that.
It also has that TM warning issue thing, what is up with that? The X is TM?
Yep. X is a trademark.
But as long as it has nothing to do with dating (and you use it for dating) you are pretty safe.
I don’t know what isn’t a trademark anymore.
People have patents on a particular shade of the color blue. Go figure..
I get headaches just reading this article of yours
I am sure in Seattle you can find something good to deal with that 😎