What Is The Difference Between New gTLDs and Repurposed ccTLDs?
There are many people in the domain investment space who are either opposed to the new gTLDs or are certain that the new gTLDs will fail. There’s absolutely nothing wrong with this at all. Should some new domain names happen to be successful, there might be a missed opportunity, but everyone is entitled to their opinion and should invest accordingly, especially given the illiquid nature of domain investing..
One thing I personally don’t understand is how some people who are adamantly opposed to the new gTLDs are bullish on repurposed ccTLDs, which tend to have more value due to their generic nature rather than their demographic. For instance, .TV is far more widely used with video / television in mind than the island of Tuvalu, and .ME is used for the “me” connotation rather than in relation to Montenegro.
I have several friends who have invested in (and done well with) .TV domain names. The market for .TV domain names appears to be pretty strong anecdotally, and there appears to be demand for .TV domain names based on conversations I’ve had with a variety of people. In the same way people have come to know and like .TV, I could potentially see people learning about other meaningful new extensions. Of course, I can also see how they will confuse the heck out of people, too.
With that in mind, I would like to better understand why some investors in repurposed ccTLDs (like .ME, .TV, .CO, .IO, and others) think the new extensions won’t do well. If new gTLDs confuse consumers, won’t the repurposed ccTLDs be confusing to them as well? Couldn’t the new gTLDs get consumers to look to the right of the dot and perhaps increase the value of these generic ccTLD domain names?
I would appreciate it if someone could respectfully share some insight into this for me. I say respectfully because it seems like a polarizing topic like the new gTLDs (and previously .CO, .mobi, .EU…etc) seem to make people a bit unhinged. With any domain (or other) investment, people should only spend money they can afford to lose and should do their own personal research before buying.
As an aside, I would not recommend investing in new gTLD domain names to someone who is new to the business of domain investing. There is significant risk to this, and I personally would only buy them as a gamble.
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