Promotional Product Business: What's In A Name?

[DaddyHalbucks]

From Promotional Product Business Magazine

What's In A Name?
By Rick Ebel
Issue: 2005NOV

Why is it that sales professionals, seldom at loss of words in pursuing an order, so often seem unable to find the right ones when it comes to naming their businesses?

Few distributors—or suppliers, for that matter—would christen their businesses “We’re Just Like Everyone Else Promotional Products Co.” But that’s what the nameplates of so many firms seem to be saying.

Playing The Name Game
Your company name is your brand. Most companies want their brands to differentiate their firms from the competition. Do this and you have a better chance to match former soda pop baron Roberto Goizueta’s boast, which was essentially: Take everything away and just leave me the Coca-Cola trademark; I’ll still be able to raise billions. Hardly an exaggeration since the physical assets of Coke amount to about $24.5 billion—but the company’s brand value is estimated at a whopping $70 billion. Your firm’s corresponding figures may be slightly less, but you get the picture.

Despite the fixation on creativity, firms in advertising and marketing don’t seem to show any more imagination in naming than those in other industries. Consider these sparkling appellations of ad agency holding companies: Interpublic, Omnicom, WPP Group. Leave you bedazzled, don’t they?

“Well,” says Lisa Tollner, president of Cintara Corp., “That’s because ad agencies tend to be managed by financial people focused on big media budgets not creatives who may be more attentive to how they’re expressing their own brand.” Cintara, based in San Jose, California, is in the naming business—a growing industry because so many businesses are having trouble finding the right words.

The Name-It-After-Me Practice
Promotional products firms should pay more attention to naming, contends Hal Meyer, CEO of Naming Systems in Wakefield, Rhode Island. Since so many distributors operate at a transactional level, they need something in a name that distinguishes them from their competition. And this need for differentiation applies also to branding promotions and suppliers’ products.

For many distributors, differentiation means simply posting the owner’s name on the door. About 30 percent of distributorships are named after founders, either exactly or in a derivative form, including initials or the truncated combinations known as portmanteaus.

“We call those functional or descriptive names, which in general tend to have little value in all industries, although there are exceptions where they are appropriate,” explains Jay Jurisich, co-founder and creative direction of San Francisco-based Igor International. “With so many companies doing this, you completely disappear.”

These eponymous nameplates, the ones bearing the founder’s moniker, are often ego-driven. That’s understandable. My money, sweat and risk, my name on the marquee. An ancient tradition in much of the world, the name-after-me practice is not likely to disappear. But framing the company name in terms of your customer’s needs is better according to Jurisich. “If your company is named after you, then you’re automatically sending a message saying this business is all about us.”

And if you’re involved in an ownership change such as adding or dropping a partner, think about all the signage and letterheads that need to be changed.

AAAlphabet Soup
Another familiar naming convention is to get your company the best seating at the front of the yellow pages by prefacing the name with the letter A—or maybe two or three As for good measure.

Hackneyed as the practice may be, Hal Meyer doesn’t dismiss alphabet primacy as lacking merit. “If you have a good name that happens to start with an A, this could bump it up to a great name,” he claims. “But if you have a lousy name and it is prefixed with an A, you’re not going to save it. Phone and directory advertising are only part of the marketing mix.”

Case in point: Miningco.com was a popular website reference on various subjects but, says Meyer, “management recognized they never really got the branding right.” The new name, About.com, denoted the nature of the business, was shorter and easier to spell, and advanced the alphabetic positioning from M to A. The website advanced too—from around No. 80 to No. 8 in its category in terms of hits. “It’s probably one of the most successful rebrandings ever,” opines Meyer.

Descriptive Versus Symbolic
How important is it that the name state or denote the nature of the business? Does “promotional products” have to be in there somewhere?

Descriptive names are effective, but they often aren’t very creative, says Tollner. If a balance can’t be achieved, she suggests leaning less to descriptive names and instead to ones that are metaphorical or symbolic.

If you can find the right word or combination of them, you can convey the connecting image. With a name like FITS (UPIC: FIT00001), the Lenexa, Kansas-based supplier of uniforms has nicely encapsulated its product line. And Justin Case (UPIC: justinc), in Markham, Ontario, Canada, connotes that its line of first-aid and automobile safety kits are nice to have around—just in case.

It took all of about 10 minutes in 1984 to come up with a name for Phoenix-based distributor Commotion Promotions (UPIC: IDEASTAR), according to Karen Kravitz. She credits the name to her husband and partner, Ken. “It was his idea,” she declares. “We kind of make a little bit of fuss. We’ve always had a lot of energy, so I think that’s what we were trying to convey: this high level of energy, excitement about promotional pieces and enthusiasm about really being creative.”

The commotion connotation wasn’t lost on business prospects. “This really did help us get in the door with clients and generate that excitement,” reports Kravitz.

Innovative companies, Tollner observes, tend to pick names that are creative and then use tag lines to describe what they do. She elaborates: “Let’s say your company name is Breeze—just a generic word. Let’s say your products are all about making things easy and effortless, maybe because they are based on technology. You really want to leverage the concept of ease and the convenience and comfort factors for your customer. Do that and you could pair your company name, Breeze, with a tag line such as, ‘Technology that makes your life easier.’”

Since most distributors focus on a single business activity—promotional products—they don’t need ampersands to connect a stable of dissimilar enterprises like Bob Newhart’s comical Alice B. Ferguson Airline & Window Sash Co. Suppliers, however, often have a diversity of product types, and this presents an identity issue. But this can easily be addressed with the line name. The IRIS Companies (UPIC: IRISLTD) in Fleetwood, Pennsylvania, furnishes an example. IRIS (for Image Recording & Identification Systems) may be cryptic, but the supplier’s line name, Attachmentville, seems to be an apt descriptor for the badge holders, pet leashes and neck lanyards the company sells through distributors.

Merging Companies, Merging Words
Merger mania has spurred much of the demand for naming services. When two large West Coast distributors, Wood Associates and Made to Order, linked up, Cintara was called upon to find a name for the new company. After gaining input from management of the consolidating companies, Cintara concentrated on finding the right word to describe an organization in the business of brand building. Tollner and her associates proposed juxtaposing the verb brand, meaning “to make a mark or establish ownership” with via, from the Latin word for “way.” The result was Brandvia (UPIC: brandvia).

When the right word doesn’t pop up, some companies coin their own. Igor shies away from these neologisms, and Jurisich says he can think of only a few good ones, among them Kodak and Xerox. “They were done many years ago when there were fewer names, making them quite unique. Now so many people do this that they aren’t exceptional,” he says.

Made-up names have no positives or negatives; they are just neutral, Jurisich avers. “One way to get a made-up name to work for you,” he explains, “is to make sure it at least has a poetic sound, such as Oreo, or plays off known words or concepts, as Google does.”

In making naming recommendations, Jurisich says his company looks for words with cultural resonance—“the most conscious and unconscious collective myth, story or history behind them.” This gives you a head start on branding it in people’s heads, whereas neologisms are a blank slate “and you have to start from scratch to get people to remember,” he says.

But what about Jurisich’s firm, Igor—isn’t naming it after Frankenstein’s oddball assistant a little, well, quirky? Sure, the company co-founder admits, and some businesses consider names like this to be a negative.

Perceived negativity, however, doesn’t faze the namers at Igor. Actually, negativity is what gives a name life, Jurisich contends, and consumers never process those negatives. He cites retailer Banana Republic. “It’s one gross negative, a slam at small, third-world countries. There’s nothing positive about it. Yet, no consumer ever thinks this when they step in the storefront.”

Don’t worry about perceived negatives being taken out of context. Jurisich insists names are always in context. “And in a website or an ad,” he says, “it’s never in the abstract. This context allows you to frame the brand positioning.” He suggests that Igor, for example, could play off its monster-image association in advertising using tag lines such as “no job too horrifying” or “a few spare parts in a good storm.”

When Ron Padawer and Laura Forbes merged their distributorships in 2000, they held a contest and challenged employees of the Memphis, Tennessee-based firm to create an unusual name that signified “being different.” The result was Zebra Marketing Corp. (UPIC: ZEBRAMC), which has “When creativity counts” as one of its tag lines.

Zebra? “Well, there’s a medical term,” Padawer explains. “When scientists at St. Jude’s Hospital or other research hospitals are looking under a microscope and they see something that shouldn’t be there, or something that is an anomaly, they call it a zebra.”

Padawer thinks the name, like the conspicuously striped African horse it evokes, will be a durable one, not to mention easily remembered. “We could have picked something like Out of the Box, but that’s a trend; it’ll be here today and gone tomorrow.”

Trend Offend
Name durability is a consideration, because naming trends change rather quickly. Whimsical, made-up names, which branding authority David Aaker calls the “empty vase” or “blank canvas” approach, were popular during the 1990s, because these random-association handles could mean whatever companies chose them to mean. Such flexibility is valuable for companies spreading into non-related businesses. “But,” writes Alex Frankel in Business 2.0 magazine, “the problem with these meaningless names became clear as the number of companies adopting them grew. As more and more Accentures and Covisints dotted the landscape, it became harder for consumers to keep track of the differences between them.”

Hence, the current trend: real-word names that are simple, easy to spell and remember. Look no further than to the airlines. Today, people are flying carriers called Ted, Song and JetBlue.

If you insist on something faddish, Naming Systems’ Hal Meyer advises, “Try to start a fad so you’re the standard bearer.” He cites eBay. Being among the first out of the gate helped the online fixture make good, but most of the e-prefix copycats didn’t survive.

In the search for individuality, there is a danger in overcompensating. The desire to avoid pedestrian clichés often produces over-the-top or pretentiously cutesy names. “You don’t want your company name to be a joke,” cautions Meyer. “You want people to take it seriously, do business with you and speak highly of you. If it’s too cutesy, it’s not going to advance this objective.”

He acknowledges that, when created with some restraint, cutesy can work for you, and he points to Krispy Kreme. Affected as the name may be, the company sells a lot of doughnuts.

Then there’s Mickey Mouse—the sort-of-cute cartoon that works well for Disney in entertainment. But it probably wouldn’t work for a firm in the investment business. Tailor the name to the product or service, Meyer advises. “If it’s a mismatch, you’re going to have problems.”

Marks Of Distinction
In addition to the name, another aspect of corporate branding is the trademark. The importance organizations attach to their marks is not lost on promotional products companies. Imprint the client’s mark out of register or with the wrong PMS color, and you’re going to hear about it.

Some promotional products firms have their own marks—after all, they are in the logo business. But many do not. Nevertheless, few will dispute the value of a distinctive trademark.

Just as name choices can be ego-driven, trademarks can also indicate self-absorbed companies that focus on No. 1—when No. 1 isn’t the customer.

Jurisich singles out the financial industry “where you’ll see, alongside the company name, the images of a skyscraper with maybe a view from the boardroom of the city beyond, meant to show how big they are.” Other ubiquitous insignias are globes, maps, compasses. “One we often see in the advertising industry,” he declares, “is a coffee mug or a coffee pot meant to show that they’re all charged up and on the ball.”

At Commotion Promotions, management never gave much thought about adopting a logo. It took an experience with which distributors are all too familiar. The distributor invested a long stretch of time and talent into developing a campaign for a prospective client, after receiving assurance that the execution would not go out for bidding. So, prospects never lie? When this one did, Kravitz says she was not only “mortified” but also miffed at being dissed like a commodities vendor.

Her father had some advice. Since she considered her organization to be a creative house—attested to by an impressive array of PPAI Golden Pyramid awards—she needed to project the company’s work as art. He also recommended that she convey the idea that anybody can buy pricey canvas, paint and brushes but not everybody can use them like Picasso, Rembrandt or Degas.

“From that moment, we developed an entire marketing campaign for ourselves, and we use the tag line ‘The Art of Promotion.’ Our logo has a paint brush, kind of like a Disneyland, sparkling concept thing,” Kravitz declares.

Commotion Promotions applies its art-gallery theme to its website and print collateral. On first appointments, clients are given mini-painting kits to express the pitch, “Let us paint you a picture of who we are.”

With the graphic-design resources at their disposal, promotional products firms should be able to devise distinctive marks, registered or not, without breaking the bank. But do the research; make sure the mark is yours and yours alone. A number of years ago, NBC decided to bag the peacock. After spending millions to develop a replacement featuring the letter N, the red-faced network retracted it. Trademark infringement! cried the Nebraska public broadcasting system which earlier had, for a fraction of what NBC spent, created a similar design.

Tag—Your Theme Is Not It
Picking a stand-out name would seem to be a congruous activity for firms engaged in creating tag lines for clients’ advertising and promotion campaigns. Perhaps the biggest difference is that company names are expected to stay aloft for awhile. Tag lines and campaign branding don’t need all that hang time, although some are so successful they have earned exceptional longevity. Campbell’s Soup has been “M’m! M’m! Good!” since 1935. Coffee drinkers first learned that Maxwell House is “Good to the last drop” in 1915.

In looking for a promotional products campaign theme or slogan, the answer to “What do we call this thing?” is often suggested by the merchandise. ’Fess up—who hasn’t advised a client: Let’s go with the box cutter, and along with your name we’ll silk-screen “A cut above the rest.” The ease in which relevant copy can be linked to the merchandise is one of the strengths of the medium. The result may not be original, but it works.

Keep in mind, however, that campaigns designed to generate enthusiasm can struggle if the creativity behind them is shopworn. Who hasn’t dredged for campaign themes and tag lines in ponds like sporting events and movie titles? Hence, all those promotions tagged “Go for the Gold,” “Back to the Future” or “Mission Impossible.” Obviously, a lot of distributors have seen the same flicks.

Commenting on theme-tag line naming, Jurisich observes: “In industry after industry, 90 percent of the companies are saying the same things to the same people in the same way. The first thing we do in any project is map out the names, tag lines and primary messaging of all the competitors to show the client where everybody is. These are all areas where we don’t want to go because everyone has already done it, and you’ll just disappear.”

This is the last thing suppliers want for the new products they introduce to distributors. Names can enhance marketability, and often the right name does come along.

Sometimes it pays to listen to mom. A business operated by Tom Blundell’s folks marketed a stuffed doll that never became a hot seller. In 1979, Blundell’s supplier firm, Bipo Inc., Oklahoma City, introduced a fuzzy pompon character to the promotional products industry. “What do we call this thing?” wondered Blundell. His mother suggested resurrecting the name of the doll. Blundell recalls, “It looks like a little person. You have the hands and the feet and you squash the body out of it. We thought, well, why not?”

Thus one of the best sellers of that year and many more to come was launched—the Weepul. Blundell figured the little-people stick-on would only be a flash in the pan, “but it just got a life to it, and it still isn’t ready to die.”

Making A Name Change
Unless reformulated, products usually die with the same name with which they were christened. Should the company name also be immutable? You may be comfortable with your business’ long-standing name and confident that your customers recognize it. So why change?

Tollner says that depends on what you think the name change would bring to your company’s value. She claims 50 percent of her clients are firms with established names. “What happens,” she explains, “is their market or capabilities have changed, or there are major shifts in the direction the new leadership is taking the company.”

Tradition is an obstacle many business owners can’t get past, even when to do so is in their own best interests. The typical status quo defense: We’ve had this name 50 years. Why should we change?

“People say this all the time,” reports Meyer. “The biggest regret most of these companies have, once they change names, is they didn’t do it sooner.”

Suppose the day comes when you feel the need to embark on a name search. What do you do—gather some of your colleagues and ask them to submit lists of their top 10?

Not surprisingly, naming professionals tend to discourage this. “A lot of companies think naming is a pretty casual thing that almost any middle manager can do. A lot of marketing flops show this is not the case,” contends Meyer. In-house naming searches can experience a number of problems, among them “political logjams” caused by factions with contending preferences. “Sometimes the name that has the most merit doesn’t get picked,” he says.

Naming agencies, Tollner explains, use methods that permit them to explore a broader, more diverse range of possibilities. Many naming agencies have their own versions of the three-step process Cintara uses:

Research. Input is solicited from client management to ascertain their vision of the organization and the primary impressions they want to convey.

Name generation. Here naming teams examine perhaps thousands of words and word roots, which are not necessarily restricted to English.

Trademark research.

There is also naming software on the market that enables do-it-yourselfers to crank out name possibilities to their heart’s content. But this option doesn’t impress Meyer. “You can get a lot of stones” he says, but that doesn’t help you “separate the glass from the diamonds.”

If asked, naming agencies may differ as to the kind of handle they would recommend for your company, but there are some precepts upon most would agree:

Short is better than long.

Easy to spell is essential.

Memorability versus the head scratcher is a no-brainer.

Clarity beats ambiguity.

Relevance is not bad.

A one-of-a-kind trumps me-too every time.

Tollner adds a couple of guidelines for the process. Do the legal research, she advises. Naming professionals or trademark attorneys can be invaluable here. One thing more: keep an open mind, she urges, and have the courage to break new ground.

Rick Ebel, former marketing communications director for PPAI, is principal of Glenrich Business Studies, a business research and writing firm in Corvallis, Oregon.

A NAMING TAXONOMY

Functional/Descriptive Names. Functional names are purely descriptive of what a company or product does.

Invented Names. There are two kinds of invented, as in made-up, names: those that are built upon Greek or Latin roots, and those poetic constructions that are based on rhythm and the experience of saying them.

Experiential Names. Experiential names offer a direct connection to something real, to a part of direct human experience.

Evocative Names. These names are designed to evoke the positioning of a company or product rather than the goods and services or the experience of the goods or services.

Courtesy of Igor International

TWELVE COMMANDMENTS OF NAMING

1. Think Big. Even if you are planning a local business, plan for your future, which can include national and global expansion.

2. Avoid “Me Too.” The point of marketing is to stand out and be different. Copycat schemes don’t deliver.

3. Keep it simple.

4. Keep it memorable.

5. All things being equal, an alphabetically desirable name helps—a lot.

6. Watch out for undesirable connotations, both in English and other languages.

7. Watch out for trademarks that belong to other entities.

8. Try to connote what you do or offer as well as the nature of your product/service.

9. Get outside viewpoints—the more good minds, the better.

10. Allow yourself the possibility of imperfection, and consider the opinions of consumers and focus groups. Allow yourself the freedom and right to re-name or replace obsolete names.

11. Own the dot-com extension of the name.

12. Don’t underestimate the value of a good name!

Courtesy of Hal Meyer, CEO of Naming Systems


http://www.ppa.org/publications/ppbn/article.asp?NewsID=2909

 

[mole]

Nice article, Hal.

Number 11 is a bit iffy but generally well thought out piece of logic.

 

[Rubber Duck]

Nice article, Hal.

Number 11 is a bit iffy but generally well thought out piece of logic.

Thanks Daddy, nice to see someone bringing some useful information and discussion material here for a change. Mind you, try to avoid bring any real facts here, because those really stiffle the groundless invective that so often passes for debate.

Sorry, Mole I think I would have to give him that one. Doesn't actually say you should not also own other extensions. If there is a problem it is because it does tell you to book out each available and relevant extension. Most firms should not overlook ccTLDs.

Best Regards
Dave Wrixon

 

[mole]

Sorry, Mole I think I would have to give him that one. Doesn't actually say you should not also own other extensions. If there is a problem it is because it does tell you to book out each available and relevant extension. Most firms should not overlook ccTLDs.

Why, if I am promoting sex and own sex.us, does it mean I must have the .com as well. What happens if I can't afford $35m? Such statements should be tempered with pragmatism, imho.

 

[DaddyHalbucks]

Why, if I am promoting sex and own sex.us, does it mean I must have the .com as well. What happens if I can't afford $35m? Such statements should be tempered with pragmatism, imho.

You only need to own the .COM if you don't want your advertising dollars and traffic going to someone else's website. There are also trademark issues to support the general rule that one should own the .COM. If someone else is doing business on the .COM, you not only face having your traffic siphoned off, but you also face a potential TM dispute.

 

[gpmgroup]

If someone else is doing business on the .COM, you not only face having your traffic siphoned off, but you also face a potential TM dispute.

Surely the potential TM dispute applies equally to all other gTLDs. Why would a .com owner have additional rights?

 

[DaddyHalbucks]

Surely the potential TM dispute applies equally to all other gTLDs. Why would a .com owner have additional rights?

I never said the .COM owner would have "additional rights," but the .COM owner would certainly have valueable territory that they want to protect. It's more a practical suggestion. In others words, what I am saying is try to eliminate one path to conflict.

The .COM owner is probably a large entity, or at least somewhat successful.

Please remember, I am only talking about generalities here, and there are plenty of exceptions.

The point is that TM disputes are very very costly, and they are to be avoided.

If you own the .COM and perhaps a few of the other major extensions, the likelihood of you being challenged is less, that's all --not entirely for legal reasons, but more for practical reasons.

 

[gpmgroup]

If you own the .COM and perhaps a few of the other major extensions, the likelihood of you being challenged is less, that's all --not entirely for legal reasons, but more for practical reasons.

Interesting we are working on a generic.info that has recently gained a competitor using the generic.com Being a very generic name we will be in direct competition. I hope this doesn't mean they can they can stop us doing business.

A small point your very good post you didn't mention was plurals some words it is obvious which is the dominant name like pant pants. but what about names like system/systems?

 

[Rubber Duck]

Interesting we are working on a generic.info that has recently gained a competitor using the generic.com Being a very generic name we will be in direct competition. I hope this doesn't mean they can they can stop us doing business.

A small point your very good post you didn't mention was plurals some words it is obvious which is the dominant name like pant pants. but what about names like system/systems?

If you can demonstrate usage in a country or state prior to the registration of the other domain, then you may have Trademark Rights whether you have registered a TM or not. TMs on dictionary words are not, however, usually recognised, unless they are used in areas where dictionary definitions are not applicable.

DaddyHalbucks, does, however, have a strong point on the practicality thing, in as much as it is better to avoid legal conflict with wealthy organisations. There is also an issue about how they acquired the name and how recent that registration was. If they have bought a drop they have fewer rights than if they bought it from the original registrant together with Trademark Rights.

Best Regards
Dave Wrixon

 

[mole]

You only need to own the .COM if you don't want your advertising dollars and traffic going to someone else's website.

Between onlineofficesuppliesintoronto.com and officesupply.biz both for the same price, I'd rather have the second, thank you.

 

[DaddyHalbucks]

Between onlineofficesuppliesintoronto.com and officesupply.biz both for the same price, I'd rather have the second, thank you.

Maybe, but that is not the point here. You are comparing apples and oranges.

We are talking about domains with IDENTICAL second level names, ie:

officesupply.COM
officesupply.ORG
officesupply.BIZ

..etc.

 

[mole]

If a person can get all those extensions at the same price, sure. The problem you pose is eseentially a theoretical one, and I would agree by that definition that it is beneficial to cover all grounds.

 

[DaddyHalbucks]

If a person can get all those extensions at the same price, sure. The problem you pose is eseentially a theoretical one, and I would agree by that definition that it is beneficial to cover all grounds.

No, it's not theoretical at all. It's very practical.

If you are going to be marketing something on the net, it is best to do it as a .COM

Sure, there are some exceptions, but the general rule still holds.

If you can't afford the .COM analogue, look to a new name. That's my general advice and I still stand by it.

 

[mole]

If you are going to be marketing something on the net, it is best to do it as a .COM

Marketing is a very big word, and whether or not it is 'best' to use .COM depends very much on the requirements and context on which your specific branding objective and target segments fall.

____.de, for example, may be perfect for German-based marketers.

____.biz, for example, can help project a unique and differentiating brand spin for b2b marketers.

If you are going to market something on the net, it is best you consider that only 10-15% of all web traffic is type-in based, and that the alternative options to reach out to online customers is growing in leaps and bounds by the day.

The BRANDING value of a URL is obviously not just dependent on having the default common folk Internet extension, but also any additional meaning it can project about the brand, eg .ORG, .BIZ, .INFO, .US... .XXX even.

The WWW as we know it is changing rapidly, so too the Web perceptions of people who use this channel as a consumer, or as a business.

I think the creeping cancer of lethargy and shallow thinking is to wallow in the blanket of one's own immediate comfort zone and perceptual set, to the point of being blind-sided to the growing side of the nearby neigbourhood.

Today's marketing strategies are moving away from mass marketing and indoctrination, to micro-segment contextually engaging marketing. It is not an option, but one forced in through competitive viciousness.

If the so-called all knowing monolith like Microsoft can admit that they failed to see the benefit and threats of what Google had already done ("The sea change is upon us .."), do .COM domainers claim that they know everything, eg. the .COM extension will forever be the best thing since sliced bread?

I don't think so.

Blessed are those who see, what others prefer to pee.

 

[DaddyHalbucks]

Marketing is a very big word, and whether or not it is 'best' to use .COM depends very much on the requirements and context on which your specific branding objective and target segments fall.

____.de, for example, may be perfect for German-based marketers.

____.biz, for example, can help project a unique and differentiating brand spin for b2b marketers.

If you are going to market something on the net, it is best you consider that only 10-15% of all web traffic is type-in based, and that the alternative options to reach out to online customers is growing in leaps and bounds by the day.

The BRANDING value of a URL is obviously not just dependent on having the default common folk Internet extension, but also any additional meaning it can project about the brand, eg .ORG, .BIZ, .INFO, .US... .XXX even.

The WWW as we know it is changing rapidly, so too the Web perceptions of people who use this channel as a consumer, or as a business.

I think the creeping cancer of lethargy and shallow thinking is to wallow in the blanket of one's own immediate comfort zone and perceptual set, to the point of being blind-sided to the growing side of the nearby neigbourhood.

Today's marketing strategies are moving away from mass marketing and indoctrination, to micro-segment contextually engaging marketing. It is not an option, but one forced in through competitive viciousness.

If the so-called all knowing monolith like Microsoft can admit that they failed to see the benefit and threats of what Google had already done ("The sea change is upon us .."), do .COM domainers claim that they know everything, eg. the .COM extension will forever be the best thing since sliced bread?

I don't think so.

Blessed are those who see, what others prefer to pee.

Mole,

I already acknowledged that there are some exceptions.

For example, even though most non-profits will want to use .ORG as their primary extension, they should also own the .COM for the type-ins and the TM issues.

.DE is excellent for German-based companies. Again, it is one of the exceptions for which I allowed.

Is the ".BIZ neighborhood" really growing in value? 99% of the really big ticket sales I see are .COM. It looks to me like .COM is growing in value and becoming ever more exclusive, while the other "neighborhoods" are mostly drifting into slums.

.INFO had such slow sales they recently allowed free registrations, trying to breath life into a dying extension. That screams desperation.

 

[mole]

It looks to me like .COM is growing in value and becoming ever more exclusive

Evidence does not bear out what you say, bucks. One of the seven sins of man, lust.com, was recently let go for a grand total of $106k.

You may say, well that is "big money".

I would remind you that back in the late 90s, 70% of all names listed on the then Afternic was that amount and more.

.COM value is actually going down, and will continue to go down, as the Internet recreates a phletoria of new, more relevant, more organized, and policed extensions, imho. The sales you see are nothing more than squatters deciding it is time to let them go for what they are worth, when spring seems to be around us once again.

 

[DaddyHalbucks]

Evidence does not bear out what you say, bucks. One of the seven sins of man, lust.com, was recently let go for a grand total of $106k.

You may say, well that is "big money".

I would remind you that back in the late 90s, 70% of all names listed on the then Afternic was that amount and more.

.COM value is actually going down, and will continue to go down, as the Internet recreates a phletoria of new, more relevant, more organized, and policed extensions, imho. The sales you see are nothing more than squatters deciding it is time to let them go for what they are worth, when spring seems to be around us once again.

1. Lust.com, a confirmed sale at $106,000, is a good example. What do you think Lust.biz is worth? NOT MUCH! It may be worth 1% of the .COM value, if you are lucky.

2. Asking prices on AfterNIC, or anywhere else, particularly at the height of the boom, are totally meaningless. The only thing that establishes true value is a confirmed sale in an arm's length transaction (or a steady stream of cash flow that can be assigned a present value).

3. The "plethora" of extensions you suggest indeed exists, with each new extension devalueing the previous one, and all begging for one default extension and that is .COM.

Organize all the "policed extensions" you want, give away all the free registrations you want, but big business seeks stability and a place where people go naturally, so they turn to .COM 99% of the time.

.COM value is absolutely not going down. You are flat wrong about that.

 

[Rubber Duck]

1. Lust.com, a confirmed sale at $106,000, is a good example. What do you think Lust.biz is worth? NOT MUCH! It may be worth 1% of the .COM value, if you are lucky.

2. Asking prices on AfterNIC, or anywhere else, particularly at the height of the boom, are totally meaningless. The only thing that establishes true value is a confirmed sale in an arm's length transaction (or a steady stream of cash flow that can be assigned a present value).

3. The "plethora" of extensions you suggest indeed exists, with each new extension devalueing the previous one, and all begging for one default extension and that is .COM.

Organize all the "policed extensions" you want, give away all the free registrations you want, but big business seeks stability and a place where people go naturally, so they turn to .COM 99% of the time.

.COM value is absolutely not going down. You are flat wrong about that.

I entirely agree that dot com will remain the dominant power for sometime to come, however, those that are trying to jump onto the Bandwagon after the Train has left are going to be deeply disappointed. You only have to go to the appraisals section on the forum to see how much utter crap is being registered by people who claim to know what they are about.

Yes, there is going to be a healthy thriving aftermarket in dot com, but I think in terms of new registrations it has had its day. From what I can see there has been a definite slowing of new registrations despite data mining activities, where as dot org and dot net have picked up considerably. There are just only so many half decent names you can get out of one extension.

Best Regards
Dave Wrixon

 

[mole]

.COM value is absolutely not going down. You are flat wrong about that.

Tell that to Sony Walkman.

Real choice means less dependency on .COM, in the past there was really no choice;

Now, what say you if we substitute lust.com with lust.xxx? Like never before in Internet history, we are now at the watershed and crossroads of alternative addressing choices;

.EU
.MOBI
.TRAVEL
.JOBS
.XXX

Every single one of the above are qualified extensions (and covering massive industries and continents) - which means not every tom, dick and his dog will be able to register them like the aging and squatter ravaged .COM namespace.

Once the search engines start attributing increased relevance weightages to these extensions, like they already do for ccTLD local search, lets see how developers react to that.

It doesn't matter whether anyone is right or wrong, but let us not put our heads in the sand and act stupid to growing trends.

 

[Rubber Duck]

It doesn't matter whether anyone is right or wrong, but let us not put our heads in the sand and act stupid to growing trends.

Yes, I think most people are following like sheep in herd that has lost its way.

What I am not saying is that Dot Com is finished or is going to be supplanted.

What I am saying is that to be a successful speculator, you have got to have a lot more forward vision than most people who visit this forum seem to be exercising.

Best Regards
Dave Wrixon