3 Domain Industry Predictions for 2011
With the year coming to a close, I thought it would be a good time to make some predictions for the upcoming year.
• There will be a significant number of .CO drops around renewal time. I’ve seen a lot of really bad .CO domain names for sale (people emailing me telling me they need to sell urgently), and I am sure people will drop many of these bad purchases. Good keyword .CO domain names will increase in value by the end of 2011, spurred on by SMB adoption. I believe there will be at least 5 6-figure .CO domain sales.
• Monte Cahn will be back in the domain space in some way, although it probably won’t be for a large or well known company. Monte is one of the smartest guys in the industry, and I am sure his expertise is in high demand. I can imagine him starting up another company.
• There will be at least 10 publicly reported 7-figure domain sales during the course of the year. From my perspective, there are many people looking for liquidity, and there are also many people who have been getting liquid for the last year. Some of the people and companies who have significant cash reserves will look to reinvest, and high value, descriptive domain names will be a good option.
What predictions would you like to make for 2011?