Global Domain Sales
Domain name growth 1992 – 2003 March 2003, updated December 2003 By Clare Lawrence CEO Discount Domains Ltd
Domain name growth is starting to recover, but we are a long way from rapid growth we saw in 1998 –2000.
I am confident that market for domain names will move back into a growth phase in next two or three years time, its true that dot com boom was a “bubble”, but we are now seeing a maturing in market with more businesses recognising value of web as an additional sales channel.
Domain names sales have been weighted towards North American and European markets, but I predict that sales of domains outside this market will be driver in longer term, particularly as Eastern Europe and far eastern markets recover. India and China are certain to grow strongly in not too distant future.
The introduction of new .eu domain name for European Union will also be very interesting, as this is likely to give European domain market a boost.
Domain name registration services such as our own, offering both good value and helpful service will benefit most. Customers don’t want to over pay for their domain name , they are however prepared to pay for support and recognise that a reasonable fee means registrar is likely to be around in 5 years time.
Selling domain names and web hosting is rewarding, particularly when your helping smaller business customer who are often less familiar with process.
If your looking for help and advice - get in touch. We would be delighted to help you add your domain to following table!
The following shows number of .com registered growth against time
July 15, 2003 23,633,877 June 15, 2003 23,354,574 May 15, 2003 23,071,842 April 15 -2003 22,832,760 March 16 – 2003 22,626,562