What is Coming in 2014? My Take.

Morning Folks!!

I can see 2014 from here and oh what a year it is gonna be!

As 2013 barrels along we will hit the ground in 2014 running. Business is expanding and no longer contracting. 5 YEARS of contraction came to an end late this summer. It was like tropical rains came to cure a drought. There will still be some dry periods, but that big drought is over and now it is time to get your share of whatever is coming our way.

If you have strong portfolios you are going to be rewarded well. So don't sell yourself short. Getting a great domain is only half the equation. Unique assets have great value. Meaningful unique assets have more value. Income producing unique assets have even more value. And brandable unique assets that are short, sweet and memorable have even more value.

Look, it is frustrating as hell to be patient. But that is the game we are in. We had to wait for the masses to catch up. They have!  How can I tell? One way is the responses I get to prices on my domain names. When you compare the responses I get now with the ones I got 10 years ago, you can see the mood has changed. There are no longer expletives coming back. That is a huge difference that some may not notice or not put a lot of weight on. I do!

2014 may be a mirror of 2004 accept with much better understanding. I truly believe that 2014 will be THE year we look back to as when things really hit pay dirt. It started this past summer. But it won't be running on all cylinders until this time in 2014. When you look back at this period from Labor Day 2013 to Labor Day 2014 and beyond, you will know the world changed.

I was right here with you in September 2008 when the collapse occurred. I was right here with you a year ago when things looked dark and folks were struggling and the future did not look that good to many.  I could see past that period to what was to come and not focus too much on day-to-day misery. I focused for the period we are in now. The true Golden Era of Domaining. Now I know folks are still struggling and that is the main reason I write. To let those folks know there is a better era coming. What I can't do is select your portfolio. You either have a keen eye for domains that others would want or you don't.

Long gone are the portfolio owners with millions of domain names. The rifle has replaced the shotgun when domain hunting. The best way to insure your future is to buy great domains now even if you overpay a little bit. Overpaying for Gold is better than getting a sale price on pigeon shit.

Rick Schwartz

 



13 thoughts on “What is Coming in 2014? My Take.

  1. Stephen

    “Overpaying for Gold is better than getting a sale price on pigeon shit”

    No truer words spoken in Domaining

    Reply
  2. M.G.

    “If you have strong portfolios you are going to be rewarded well.”

    You don’t necessarily need strong PORTFOLIO, you need one 7-figure deal. One…

    Reply
  3. Jeff Schneider

    Hello Rick,

    R.E. ” If you have strong portfolios you are going to be rewarded well. So don’t sell yourself short. Getting a great domain is only half the equation. Unique assets have great value. Meaningful unique assets have more value. Income producing unique assets have even more value. And brandable unique assets that are short, sweet and memorable have even more value.

    Superb ! The above is the best laddered order of valuation principles ,that you have shared with us all. Thank You Rick for making us all now aware of what it takes to get to the highest Domain Valuations.

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)

    Reply
  4. UFO

    Agreed, the best of the best .com’s will appreciate rapidly. Any 5 char word (and less) will be 6 figures, rather than this middling 50k territory.

    Given all the loose QE, appreciation in housing prices and general RPI then domains haven’t really maintained their ground since 2008 so are due a bounce on all this alone.

    With .com’s agreed to focus on quality, all the peripheral stuff will be overwhelmed with cheap TLDs that will keep any value suppressed. .com is the TLD for commerce and commerce is where the money is.

    Reply
  5. mike

    Brilliant, genial, visionary, realistic, generous… Thanks for everything, Domain King!

    Reply
  6. Gene

    Rick, one thing that would be a HUGE boon for domain investors is this:

    If YOU would spearhead an industry-wide moratorium on sales; whereby [WE] would collectively pledge to not sell ANY domain for the remainder of 2013 for less than, say, 10,000 USD.

    If you created an online template (kind of like an online petition) to gather these signatures I would be the first to sign it. And so what if not everyone would be willing to make that pledge? These are the same people who keep the market for domain names artificially depressed, anyway.

    Just think of the PR value that this could generate for our ever-growing industry, how word would quickly spread across industries, how (new, higher) price expectations would be established in buyers’ minds…and how much more traffic your blog would get.

    Reply

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