How Will Google Domains Impact the Secondary Market? | DomainInvesting.com
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How Will Google Domains Impact the Secondary Market?

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Now that it seems that Google will operate a public domain registrar, I am curious how this will affect the secondary market for domain names. Reports suggest that Google’s primary audience for domain name registrations might be the small businesses because the company’s research shows that 55% of those companies do not have a website yet.

In my opinion, the vast majority of small businesses who sign up for Google Domains will want to get a domain name that matches their business name. For instance, Jimmy’s Clam Shack will probably want to hand register JimmysClamShack.com. If that domain name wouldn’t be available, Google might suggest Jimmys.Restaurant or ClamShack.Menu.

Although these options will be good for the vast majority of small businesses, there will probably be a few who would prefer to buy a domain name like ClamShack.com or Jimmys.com instead of only being able to register what’s available. Some of these companies are likely going to be willing to spend more money to purchase one of these domain names in the secondary market. This makes me curious about how Google will handle domain names in the secondary market.

IMO, Google wants to make it easy for businesses to buy domain names. They should also want to make it easier to buy domain names in the aftermarket as well. Instead of making a couple dollars on a .whatever hand registration, the could make hundreds of dollars (and make their customer happy) by helping them privately acquire the perfect domain name in the aftermarket.

There are a number of companies in the domain space that are in a good position to capitalize on this. Domain Name Sales, Afternic, and Sedo could all potentially work out distribution deals with Google. It’s possible that Google will offer a private domain name acquisition service, and they probably should consider it since many searched domain names will not be available to hand register.

I think Google has the potential to impact the secondary domain name market, and I look forward to seeing if that’s the case and how it impacts my business.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (4)

    Travis

    Basing all of my info from the google domains homepage (because I was completely oblivious to this before 😉 their partnership w/ Squarespace, Weebly, and Wix, is certainly pointing towards small business like you said. Nothing against those CMS’s, but they are more positioned as site builders for small businesses and consequently, people w/ little site “know how”…

    It looks like Google is certainly jumping on the new gTLD bandwagon and will be “pushing” the new ones on to their customers. And what better than to push those on to people relatively outside the domain and website world (keeping my opinion of the new ones out of this 😉 )

    Personally, I don’t think google’s aim is to screw around w/ the old extensions, it’s to push the new ones (for the time being). Which would certainly have a huge effect on the aftermarket, considering their isn’t one 😉 .

    June 24th, 2014 at 1:37 pm

    Rahul

    This could have been true if they hadn’t invested so heavily in the new GTLDs themselves.

    June 24th, 2014 at 2:57 pm

      Elliot Silver

      They can take a horse to water, but they can’t make it drink.

      June 24th, 2014 at 2:59 pm

    Ali

    I agree with Elliot regarding Google not being able to make buyers “drink” the new gtlds. They suck. They sound bad. They bleed traffic. They are confusing. They cost more and they make you look desperate and pathetic when you give your url. They have zero credibility and I don’t see that changing, even with the aid of Google’s promotion.

    June 28th, 2014 at 6:21 pm

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