SHOUT! – The Domain Buyer’s Weekly Newsletter #13
Let’s Talk Domains
The Rising Value of .xyz: A Viable Alternative to .com?
In the ever-evolving landscape of domain names, the .xyz extension has emerged as a strong contender, challenging the long-standing dominance of .com. With an increasing number of startups and entrepreneurs turning to .xyz, it’s essential to assess its value, recent sales, and how it compares to the coveted .com.
History and Growth
Introduced in 2014, .xyz quickly gained popularity as an affordable and versatile alternative to traditional top-level domains (TLDs). Google’s parent company, Alphabet Inc., even adopted abc.xyz for its website, lending credibility to the extension. Today, .xyz boasts over 6 million registered domains, making it one of the most widely used new gTLDs.
Recent Sales
While .xyz sales may not match the astronomical figures of .com, notable transactions demonstrate its growing value:
- Home.xyz: Sold for $150,000 in 2020
- Game.xyz: Acquired for $100,000 in 2022
- Cloud.xyz: Purchased for $75,000 in 2020
- Invest.xyz: Sold for $50,000 in 2022
These sales indicate a steady increase in demand and value for premium .xyz domains.
Comparison to .com
While .com remains the gold standard, .xyz offers several advantages:
- Availability: With many desirable .com domains already taken, .xyz provides an alternative for startups and entrepreneurs.
- Affordability: .xyz domains are often significantly cheaper than comparable .coms.
- Flexibility: .xyz lends itself to creative branding and naming opportunities.
- Innovation: As a newer extension, .xyz is associated with modernity and forward thinking.
However, .com still holds significant advantages:
- Brand recognition: .com is deeply ingrained in consumer consciousness.
- Trust: Established businesses often prefer .com for its perceived credibility.
- Resale value: .com domains generally retain higher resale value.
Should You Choose .xyz for Your Business?
If the .com version of your desired domain is unavailable, consider the following:
- Brand identity: If your brand name is unique and memorable, .xyz might be a suitable choice.
- Target audience: If your target audience is tech-savvy or familiar with newer TLDs, .xyz may be acceptable.
- Budget: If budget constraints make .com unfeasible, .xyz offers a cost-effective alternative.
However, if:
- Established credibility: You require immediate trust and credibility, .com might be worth the investment.
- Long-term goals: You plan to build a well-established brand, .com’s resale value and recognition may be essential.
Conclusion
The .xyz extension has established itself as a viable alternative to .com, offering affordability, flexibility, and innovation. While it may not surpass .com’s value, recent sales demonstrate growing demand. When starting a business, consider your brand identity, target audience, and budget. If .com is unavailable, .xyz can be a suitable choice.
Recommendations
- Register both .xyz and .com (if possible) to secure your brand’s online presence.
- Weigh the benefits of .xyz against other TLDs, such as .io, .co, or industry-specific extensions.
- Consult with branding experts to determine the best domain strategy for your business.
In the ever-changing domain landscape, .xyz has carved out a niche as a valuable and versatile extension. As the digital landscape continues to evolve, the .xyz extension is certainly worth considering for entrepreneurs and startups seeking a unique online identity.
Discover more Domain Name ideas at DomainMoonshots.com
Recent Domain Sales
KOKO.com $1,000,000 Atom
Continue.com $550,000 LegalBrandMarketing
Gosh.com $450,000 Atom
Solutions.com $415,000 Sedo
WWI.com $350,000 Domain Market
ASAP.com $340,000 Heritage
Cancel.com $300,000 LegalBrandMarketing
IPL.com $265,000 Sedo
MadeInIran.com $250,000 Private
X.game $160,000 Sedo
Super.net $150,000 LegalBrandMarketing
69Bet.com $140,000 Sedo
Crypto.co.uk $132,000 Sedo
CV.co $130,000 Sedo
Blueprint.ai $130,000 Booth.com
Auger.com $125,000 Atom
Snitch.com $100,000 Afternic
Spring.net $100,000 LegalBrandMarketing
Visionary.vc $64,000 WeBroker.vc
Domain Name News
Notable Sales/Purchases:
- Luce,com was sold for $60,850, making it Sedo’s top public sale this week
- Scriptures.org was purchased for $10,000 by Samuel Younge in Florida, reportedly connected to Asclepius Rod
- A winemaker, a moving company, and a popular TV/film writer and director also bought domain names, although specific details weren’t disclosed
Industry Updates:
- Over 533,000 .ai domains are now registered, up from 478,696 on the last count on July 1.
- Identity Digital prices went up on October 4, affecting 216 top-level domains.
- GoDaddy Registry plans its next price hike, following Identity Digital’s increase.
Other News:
- Friendster, one of the earliest social networks, is making a comeback thanks to a domain investor.
- ConvertKit officially rebranded to Kit and switched its domain name to Kit.com.
- A Swiss company attempted reverse hijacking of a domain name, but the case was dismissed due to lack of evidence.
Latest Episode of The Side Hustle Report
In the latest episode of the Side Hustle Report we reveal a ready made business in the world of travel, no experience required and opportunities in home cooking. You can watch it here.
New To DomainMoonshots.com
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Resources
AI Articles – How to make money buying into the AI domain name gold rush
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We examine various sectors and explore available domain opportunities including:
- Marijuana
- Cryptocurrency
- Drinks
- China
- Life Coaching
We also operate CoinDomain.store and MarijuanaDomain.store
These platforms are designed for the end user with a great idea or someone looking for that spark. However, let’s not forget the domain investor searching for valuable domain names in growth markets. There are few markets that are experiencing the phenomenal growth of cryptocurrency and marijuana. Check out some of the best available domain names in the crypto and marijuana market.
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