Thread: How long before .In extension matures????

Not sure about that Kokoro, I do think that India has more potential than you think mainly due to the sheer size of its population that the GDP is increasing year by year!

Please don't understand me wrong. I do believe that India has large potential and become Economic superpower in 30-50 years but this is still not enough to reach .com level.
.com has always been considered as the best global TLD and as you noticed even many Indian companies prefer it over .in (I guess that will be changing as it changed before in other countries).
My opinion is that .in will be steadily growing year by year but no miracles expected.

Originally Posted by Truekumar

Thanks Warbux, is that to say that you think by 2016, that keyword .In extensions will be worth the same as equivalent .Com extensions?

For example, do you believe that a domain name such as Loans.in in 2016 will be valued at a similar price to Loans.com ??

I do realise that India has an immense future potential in regards to e-commerce, and there could possibly be a revolution in internet usage as there was in telecoms in the country a few years ago, BUT there is an issue with language in that although English is commonly used in India, not everyone uses English and people prefer to talk and communicate in their local dialects, therefore in 2016, do you actually think that something like Autos.In would be worth the same as Autos.com?

No i am not saying .in will get to .com's potential in 5 years. thats literally impossible.

What i do know is that average end user prices for .ins will increase slowly but strongly,and .in is a good extension dollar for dollar....but you have to be willing to hold for months and years.Paying $36 to hold a .in domain for 4 years is quite a good investment IMO.

Only when people start buying online often, the .in market will grow fast.

You have to define "mature".

.in domain names are simply a proxy through which one can bet on the future of the Indian economy, Indian internet and the durability of English as the lingua franca for the most desirable Indian consumers.

.com is a global brand that markets to the wealthiest nations, the poorest nations, every nation. ccTLDs don't have this going for them, so you can never compare them to .com.

India is poor. Improving, but the time it will take for the average Indian to have a standard of living equal to that of the average Westerner is mathematically outside our lifetimes, if ever. Since domain names are simply marketing devices, the lucre of the market they serve is totally entwined with their ultimate saleability and value.

The future of .in domains all depend on how India develops, and how internet develops in India. Don't expect .com returns, but developing them into relevant, operating enterprises targeting Indian consumers should prove interesting.

Thanks for that Dman. So do you ever think that we will have a .in domain valued at $million or more? And if so, when?

It's possible. India certainly has a wealthy class, but whether they start spending big money on english language .in domains is yet to be seen.

As far as when a huge sale might happen, there's absolutely no way to predict that. Domains aren't like commodity products where the market has fixed parameters. In order for a million dollar sale to happen, two things must first occur.

1) Someone very wealthy must want a particular domain name very badly and be willing to spend $1,000,000 to acquire it

2) Whoever owns that domain must be a VERY unmotivated seller and have the courage to turn down huge offers and risk breaking the sale, in the hopes that the seller is willing to go a lot higher.

As someone who's negotiated a few decent domain sales myself, the one thing that is always in the back of your mind is that in order for a domain to sell at $1,000,000, the owner usually must first turn down offers of $100,000 or $500,000 or $750,000... Of course, as someone who's LOST a few very lucrative offers- that I wish I had taken- due to greed and overestimating the financial strength of my negotiating counter-party, turning down huge offers in the hopes of an even bigger offer is a lot easier said than done.

It's going to be VERY hard for most people involved in the .in namespace to turn down the types of offers that precede a $1,000,000 sale. If a $1mm domain sale does happen in the .in namespace, it will probably be between two major Indian businesses, since that's the only way I can see a .in name scaling to those heights before the seller can't justify turning down the cash.