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Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
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eMarketer
Report Says Success of New gTLDs May Depend on
Promotion By Major Brands
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eMarketer,
a major market research firm,
has released a new study on the
introduction of new gTLDs and
their chances for success. eMarketer
releases over 200 analyst reports
per year, which are only available
to their corporate subscribers, but
they did make some excerpts
from this report - titled “The
Domain Name Explosion: Hundreds of
New Choices Beyond .com Mean New
Marketing Considerations"
- available to all on their
website.
eMarketer,
who has no skin in the game
themselves, acknowledged that there
are widely divergent views of
the new gTLD program, noting, "What
some view as a “blank canvas for
innovation” to spur more
creativity, diversity and trust on
the internet, others
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see
as costly, exploitative and bound to
cause consumer confusion.
Nonetheless, it continues to move
forward, requiring all internet
users to adapt."
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eMarketer
estimates that 84.6%
of U.S internet users
navigate the web by search at
least once a month and said "Such
high search penetration, combined with
surging time spent on social platforms
and mobile devices globally, might
suggest declining use and utility of domain
names as direct entry points to
websites by visitors. Thus, it’s
reasonable to question the value or
relevance of dedicating resources to
utilizing new gTLDs."
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However,
eMarketer added there is more to
the story, writing, "Typing
a domain name into a browser’s
address bar remains a common
internet behavior. In
countries like Brazil, India
and Mexico, search was
not as prominent as directly
entering a URL in a browser,
(according to findings from a Domain
Name Association
report). Furthermore, more than
half of all respondents
indicated they always
paid attention to domain names
in their search results." |
It
what may be the most interesting
conclusion shared in these excerpts
from their study, eMarketer said,
"It may be brands with
their own “dot-brand” domains
that make or break the success
of the program." They noted that Nao
Matsukata, CEO of FairWinds
Partners (a firm that advises
companies on domain name strategy)
believes "Brands are going to be
the ones that ultimately turn the
users into believers. The generics are
always going to be there, and they’ll
have their own place, but in terms of full
adoption and real usage of the new
top-level domains, the brands hold
a very critical piece of it.”
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(Posted
April 16, 2015)
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