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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.

Welcome to 2014! Get Ready for a Year Filled With BIG Changes and Even Bigger Opportunities 

Another year is now history and a new one beckons with great prospects for people in the domain business. Like every year that has come before this new one, 2014 will be one of great change in our industry. That simply adds to the excitement and brings new opportunities to prosper in a business that never gets old because it is too busy being constantly reborn.

In 2014 hundreds of millions of dollars will be spent rolling out and marketing a tidal wave of new gTLDs. The nice thing is that  you don't even have to be a believer in new gTLDs as an investment vehicle to find ways to profit from the new money that will be flowing into the domain basin and the accompanying attention that quantity of money will bring to our industry as a whole. 

2014 image from Bigstock 

If you are among the many veteran domain investors who view new gTLDs as fool's gold, and you prove to be correct in that assumption, you will almost certainly benefit from a flight to quality (i.e., .com or popular ccTLDs) if new gTLDs start stumbling out of the gate. Even if they enjoy more success than you expect them to, it will still be a long time (if ever) before the world's business community (which drives domain resale value) is going to abandon the tried and true.

For that reason, I think those who have invested hundreds of millions of dollars in new gTLDs are in a much riskier position than those who hold high quality portfolios in familiar TLDs. However, big risks sometimes produce big rewards and the more people in our industry who succeed, the stronger our industry becomes, so I'm not rooting for anyone to fail. With the meteoric growth of the Internet there is room for a lot of people to make money. Yes, there will continue to be winners and losers as there always are in any business - but overall I like where we all are sitting heading into 2014.

It is going to be an exciting year filled with the unexpected. There will be new faces, vigorous debates and big changes - and there is nowhere else I would rather be. Happy New Year to you and yours and may 2014 be the best year of your life!

(Posted January 1, 2014)

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