Did You Buy a .Shop Domain Name?
It looks like .Shop did very well in its first day of general availability. According to OnlineDomain.com, Domain Name Wire, and DomainIncite.com, over 50,000 .Shop domain names were registered during the first day the domain names were available to be hand registered.
In an unrelated article I published yesterday, John asked if I (or any related entity of mine) registered any .Shop domain names. I did not register any .Shop domain names and I have no plans to buy any. I am sure there are people in the domain space who bought .Shop domain names, but I am not a participant in the new gTLD space, aside from a Donald Trumpesque handful of investments like n.Ventures and n.Holdings.
As I have said like a broken record for a few years dating back to .CO, if I see non .com domain names selling well on a regular basis and I am confident I can get a positive ROI by investing, I will be more than happy to buy them on the aftermarket at a premium. I didn’t register .com domain names when they were first available but still managed to build my business.
Out of all the new extensions that are available, I think .Shop has one of the best chances of success. There are millions of domain names (I made this up but think it’s true) that have “Shop” in them, and there will always be people wanting to buy a domain name with Shop in them. Perhaps .Shop will be a good alternative. Take what I say with a big grain of salt, though, because I also felt that geographic new gTLD domain names would be big sellers, and I don’t think that is the case across the board.
I am curious if you bought any .Shop domain names yet. Vote in the poll below and feel free to share the names you bought if you would like.
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