1.Shall we begin by a self-introduction? Let us know more about you.(For example, you career, the city you live in and so on)
I’m basically an automobile engineer I have a small business in the US Michigan. I researched on the domain investment industry and started investing on a small scale. The experience was productive, and now I’m an active part time domain investor.
2. When did you set foot in the domain investment?
I have been investing in domains since 2013. Today i own around 500 domains and among them 300 are .xyz domains. My interest in the domain investment arouse when first time I was searching a domain name for my business website in 2013.
3. What calls your attention on .XYZ domains? Which domains you care much in the March Auction?
It is the top level new generation gTLD, I am quite sure .Xyz Will End .Com Dominance. The entire web world is focused on xyz domains now and there are lots of opportunities in this category. As you can see Google also availed abc.xyz. You know around 2 million .XYZ domain names are purchased in the last 6 months, while the total volume has reached to 2.8 million in march 2016. The interesting thing is, out of the 2.8milions, 1 Million are registered from China. The .xyz domains can be purchased for as low as $1.00 and many of them are also on a promotional price or free to register. So in short, xyz is the best option for investors right now. Also there are so many keywords related domains are available to buy at low price. Here I am agree to Daniel Negari, registration numbers don’t matter. Utilization is the best indicator of success.
4.What are other TLDs sharing your interest, together with XYZ?
Not any at the moment. Other than XYZ, I’ve always been looking for .com domains. But as .coms are depleting, and other gTLDs are not multipurpose, so there is no other option.
5.Could you please share some market information in foreign domain investment? Is there any characteristic of that?
Thousands of peoples are investing in xyz. The future is xyz, and there is no other option for people in the gTLDs. In foreign domain investment, China is the biggest market at the moment. The basic reason is the interest of investors in domains. I’m sure investors are aware how lucrative this business can be in future. The market growth can be better if the outer world could participate in the Chinese domain industry.
My suggestion is, we should invest in generic domains, and must never invest in any type of trade mark names.
6. How do people in your country think of the value of gTLD and new gTLD? Have those two TLDs caused any discussion?
All people are investing in new gTLDs because TLDs are limited now. Only .com was for multipurpose and we don’t have it any more. Moreover, the .Net and .Org can serve to restricted audience there maybe some restrictions to register. They are also not that cheap to buy compared to .com.
7. How do you like the development of new gTLD in China? How do you think of the growing of new gTLDs in China’s market?
China is at the top as far as investing in gTLDs in concerned. You can see that 1 million xyz domains were registered from China until march 2016. And the interesting fact is that most domains are bought by investment point of view, not for development. The market will flourish in the days to come as you can see the graph is pointing upwards continuously, and the investors are eyeing it a good opportunity to make some money. Having said that, businesses looking to buy xyz for development are also not discouraged; they are cheap, they are easy to buy and there are plenty of options to get the domain you love and desire.
8. Will you plan a large sum of money for investment in China’s domain marketing in the near future?
Seeing the trend why not! I just want to give you a suggestion to provide an English version of your site. The English platform would not only be easy for me but also to investors from the rest of the world. It will attract them to invest in your market and eventually Chinese domain market will be matchless. You can leave the entire world behind begging domains from China.
9.Now as you experienced registration and auction on west.cn, have you gained more ideas for China’s domain market.
All the March 2016 auction domains are with single letters to three or four letters or numbers. I’d like to see keyword domains too. For example,
If this happens, I might be able to buy more domains, and this will also attract businesses to buy or bid on domains for their online ventures.
10.Will you show your auction results to your American fellow?
Why not! Not only to the US fellows, but my friends in other countries too! Again, you have to develop your system in English, so other people can understand your procedures and bid system conveniently.
11.Will you introduce some domain brokers into China’s domain investment industry?
Yes I do want to. As I am discussing with the people about the investment opportunities in China. Someone will come up surely seeing the potential of the Chinese domain market.
12. Which obstacle is the biggest for foreigners to invest in China domain market, except for language?
I’m afraid, the only problem is language. In fact, China doesn’t know how mad investors are about Chinese domain market. The internet is teemed with comments and discussions about your market, but the problem is that Chinese are not aware of it because no one here follows English discussions. If you know what the rest of the world thinks about Chinese domain market, your company would start working on the English version by today.
13.Could you please comment on the function design and transaction process in west.top?
Lots of things need improvement. For example, there is no transaction confirmation as you make the payment, and there is a huge handling fee which should not be there or must be very less. In other countries, there is no handling fee. On PayPal there are some APIs for marketplaces, where are exempted from handling fees.
I specifically like to praise your live bidding system; that’s extremely good and easy to understand there is nothing hidden.
14.Would you like to communicate with more Chinese domain investors?
Sure, it would give me a better insight of the Chinese market and I would love to learn from their experience. It’ll be very productive for me.
Again it’s my pleasure to join auction in China, and special thanks to west.cn because they provide me a platform to participate in march 2016 auction i would be happy to join their auction, again and again.
Michigan United State.