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DropWizard.com
sees magic in ccTLDs |
Martin
got out of the drop catching business in 2004 but now he
is back with a new venture devoted entirely to his latest
passion - country code domains. "In 2004 we made a decision to exit that market and start catching for
ourselves," Martin said. "What many don't know
is I felt the .Com market was rising rapidly and future progress would only be made at a huge expense. Given today's prices
it appears that prediction was right on the money. I felt that Country Codes were seriously underestimated and
seriously undervalued. Accordingly that is the direction I moved in."
Martin added,
"there are far more local and national companies selling goods within each
country than international enterprises. People (buyers) tend to
trust local (country) domains and local enterprises over international companies."
Martin said he believes the local ccTLD for each country
will become the domain "extension of choice" in
the consumer's mind.
"Local search is becoming a larger and larger part of the search market, therefore, local extensions will become
increasingly |
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important in providing local search results.
For all the above reasons I believe that CCTLD's are vastly underpriced and represent one of the best opportunities
in domain investment today," Martin said.
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So what
is he doing about? Martin has just introduced a new
newsletter (the only cost is a $1
PayPal account verification fee) to connect ccTLD
buyers and sellers. He said his newsletter would
feature a closely filtered list of names for sale.
"No more spending time crawling endless forums looking for gems. Most days we don't expect to exceed
10-20 prime generic domains," Martin said.
He
believes the newsletter will be the perfect marketing
tool for sellers as well. "Take advantage of our large clientele base. There
were over 1,300 large qualified buyers in our initial
mailout. These are some of the largest buyers in the
world and they are fast too. I have closed major $xx,xxx deals, been paid and
had the domain transferred in less than 5 minutes with these clients!" |
Every
nation has its own country
code extension. A list of all of
them is available here. |
Martin may be on
to something. In our latest weekly
domain sales report, seven of the Top 20
domains on the all extension leader board were ccTLDs
(including three of the top ten).
(Posted
July
24,
2008) |
