Is Social Media about to implode? Well, Yeah, yeah it is. Growth is GONE! GONE! It's over! The bleeding has begun and is in full progress. Will they bleed out? Probably not, but they may look like a deflated balloon.
To me this was the #1 Story of 2018. As you may recall, I left twitter on December 31, 2017. Most thought I would be back in a few weeks. Well 52 weeks later......And I did the same with Facebook. As I wrote recently, "Social Media is no longer Social, it's Dangerous".
Many thought I was exaggerating and over reacting. But look back a year later. Folks are leaving these platforms in droves! Facebook stock down $100/share in months. There is true danger there and people and parents are starting to recognize this as a very serious issue.
The winner is US. Great domains. Needed, wanted, desirable and important domains. We are all responsible for the portfolios we have. No one is to blame for a worthless one other than ourselves. I have tried to point this out for decades. Now we really do enter a new period of domains. A great one.
It will still take YEARS for the average Joe to figure out he has made a huge mistake in promoting his or her social media pages and not have them eventually (ASAP) funneling to their own domain name.
And remember, I am EXCLUSIVELY talking about BIG LEAGUE .COM domains. PERIOD!!! ALWAYS!! I may dabble in Minor League extensions, but I know that a lottery ticket likely has more value. All other extensions sell for a fraction of a .Com. A SMALL or TINY fraction. And demand is so much lower! Does anyone even think about that?? Demand??
I am bullish on GREAT .Com domains. I am NOT bullish on anything else in domains. Some extensions will benefit from a rising tide. It will benefit more in demand than in increasing prices.
And as far as I am concerned, GTLD's are NOW DEAD and eventually someone will bury this stinky carcass! Bury it right next to those IDN's and Emoji's. A waste of time, money and effort. Cause of Death: Too many to list!
HUGE deals are coming in 2019 and 2020. We are entering a sweet spot and you have the downfall of Social Media to thank! You have Retail Mall Sales to thank.
But it starts, NOW. It already started in the last few months. But you will see an increase in domain activity in 2019 like never before and for a REASON. Most of these deals will be under the radar. Especially the deals that are north of $10 Million. And I think that you are going to see a rash of sales between $5 and $10 Million.
I am going to restructure my pricing. I am going to call it Sraes. That is Sears spelled backwards. Sraes. No, I don't need the domain name. lol And not really going to call it this. Just want to demonstrate how ass backwards Sears and many others are. How they missed such a huge opportunity to buy EVERY relevant domain name for LESS THAN the cost of ONE FAILING SEAR'S STORE!!
Not one genius there could figure it out? Really?? Malpractice! Go dig up the founders and I bet THEY would have figured it out. How sad!
It is now time for me to price a domain equal to greater than the cost to build a Sears store in the real world including gondolas etc. The finished product. I won't even count the 300 employees each store has. Or the cost of insurance and security and trash removal and electric and it just keeps going. Did I mention the land itself. Or maybe just a 99 year lease?
So I have been researching the costs. It's mind boggling. I can't even figure it out yet. I need help. What is the cost in New York or Hong Kong? What is the cost in Iowa or Wyoming?
Happy New Year's!