andys.pizza is a waste of time and money.
but having a network of hornsby.bmw, dubbo.bmw, noosa.bmw, chicago etccccc backed up by an advertising campaign is not a waste of money as long as they don't go and sell timconnell.bmw
tim
So Snoopy the bottom line for you is that only a .com and the LESSER .com.au will EVER be worth money. ( or country codes for individual country focused websites like .co.nz, .co.uk etc )
plain and simple, NOTHING will change EVER.
tim
The sad bit is some people will fall for all this and lose significant money. A+ to MelbourneIT's whoring department on producing it.
For example, a developer sets out to create a weight loss app for mobile devices. He needs a website to advertise his app so looks for a domain to register. He finds the following available:
weightloss.app
Why would he not register that domain Snoopy ?
A flood of real estate properties in the US crashed their real estate market.
A flood of domain extensions will crash the value of old domains.
In fact, it already happened...and despite many previous extension failed (like .tel, .travel and .whatever) they still want to sell more.
This alone makes me want to quit registering domains.
The American realestate market crashed because of bad lending practices and resultant foreclosures.
"Old domains" won't crash because of a glut of worthless names, that glut already exists. Actually the market has already crashed if you look at it on the basis of how a crash is normally defined. But that fall has nothing to do with worthless domains effecting valuable domains & everything to do with economic conditions overseas and the parking market.
Who is going to type into a web browser Andy.pizza? No-one, why? Because of geo relevancy – Search engines are used to find relevant products / service / information to the end user, a .com.au means COMmercial / COMmerce in AUstralia...people trust that when they see a .com.au extension they know it’s relevant to Australia. The introduction of .web and .shop .pizza .apps is what to a search engine?
Who will know what to select as the most relevant link in the search engine i.e Andy.pizza [1 minute wasted as a result of identifying that Andy.pizza is located in another country] - global extensions are for global products and service, you may as well open your wallet and get ready for .pizza.au and .shop.au, because how on earth will global based extensions be geo relevant and trusted to be geo relevant to any end user?
A flood of real estate properties in the US crashed their real estate market.
A flood of domain extensions will crash the value of old domains.
In fact, it already happened...and despite many previous extension failed (like .tel, .travel and .whatever) they still want to sell more.
This alone makes me want to quit registering domains.