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August 27, 2012

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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.

.CO Just Went Live Tuesday But  Domain Aftermarket Sales Sites Devoted to the Extension Have Already Popped Up

The newly re-launched .CO extension just opened for general registration Tuesday but before most new .CO domain owners even had time to change their nameservers new websites, forum and Facebook threads popped up offering newly registered .CO domain for sale. the highest 

profile sales site among them is Flipping.co by virtue of the fact it was launched by Francois Carrillo. Francois is the force behind a series of popular industry websites including news aggregation service Domaining.com, appraisal site Valuate.com and all extension discount sales site BargainDomains.com to name just a few.  

Carrillo's value proposition for Flipping.co includes free listings for anywhere from 15 days to 6 months and a sales commission of just 7% (escrow fee included). With other busy sites like Domaining.com in his network Carillo has the advantage of being able to drive traffic to .CO listings on his site.

Just how much of an aftermarket there is for .CO domains at this very early stage remains to be seen. The registry itself has said this is an extension for developers rather than those hoping for a quick profit by selling newly acquired domains. .CO has a higher registration cost (typically $25-$30) than .com so that puts added pressure on sellers to turn domains over quickly before they start getting eaten up by renewal fees that are almost four times higher than .com. That being the case, Flipping.co appears to be well positioned because quick flips are going to be more important for .CO domain owners  than most others.

In related news, the .CO registry reports that total registration passed the 300,000 mark today. That's an impressive number for just 72 hours on the market, especially given .CO's premium pricing.

.CO developers also got some good news when Google confirmed they would treat the extension as an international TLD rather than look at .CO as purely a country code extension. ccTLDs are usually favored in search results within their respective countries but usually do not have such high visibility in other markets. .CO is officially the cTLD for Colombia, but the nation decided to re-launch the domain this year and open it up for use around the world. 

One other note today, Great Britain's Jilo Media, headed by James Iles, has launched a new website at DomainersWorld.org, a resource that Iles describes as "a guide to the best registrars, blogs, development services and drop catchers, as voted for by site users."

The voting process is the site's hallmark. DomainersWorld.org profiles the major domain service providers and blogs and then gives visitors the opportunity to vote for a particular service or site if they have found it useful. Visitors can also leave comments about the service or blog. Iles said, "It gives new and experienced domain investors the chance to find out what services other domainers like, what blogs they read and which forums they visit.

(Posted July 23, 2011) 


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