There are so many things going on behind the scenes in domain investing. This is a billion dollar business and like all billion dollar businesses there are business moves being discussed that greatly effect the value of domains and the people that own them. One of those moves is the reasoning behind the recent uptick in volume in dot cc and great news for all that have invested in it.
I have several great sources that say that the renewal cost of Dot CC will drop to $8 per year from its current rate on May 1st. A rate that will essentially drop the holding cost by half . And will add $8 in value 
to domains because value usually takes in to account the cost of renewal.
As I’ve stated in the past I expect several other TLDs to do the same soon and there are a few that will be making announcements later in the spring or early summer based on some other meetings that I’ve heard about. I understand many people don’t like low renewal costs because it only promotes more speculation and domain holding. End users absolutely hate it. But domain registries love it. The model lately has proven that cut the registration in half and you sell more than twice as many domains. As a domain owner you can afford to be more patient and is a positive for domain investor. I don’t hold as many .cc as I used to but I’ve been adding more lately this year and will continue to add. The recent volume shows that investors already are.
I only own one .CC – Philadelphia.cc – and that was from seeing it on your blog. A great investment thanks to you. I will renew it out the full 10 years if it drops to $8/yr.
That’s funny, Tony, because I was just checking you out this week because of that domain, though I don’t tend to look at .cc’s in general. At first I thought you were just a dentist who had it, till it became clear you have some really huge domain thing going on the side. Never even knew about you before. So you really have over 11,000 domains? Doesn’t that burn a financial hole the size of Lincoln Field into you? I see you did sell crmsoftware.com for $40k a while ago, but that’s still just a drop in the bucket compared to the carrying costs of over 11,000 domains. I’m surprised you even do this since you have a dental practice, unless you have great domains. I saw a sampling, however, and in all honesty almost all of what I saw looked like it could probably never sell or be worth the trouble of holding them, or worth anything really, just a financial drain. I’ve dropped many better ones myself. Now in all fairness maybe I just didn’t see gems yet, and I probably only saw low xxx out of your 11,000-plus. I did see one that looked like it could definitely be kind of valuable and sell for a very good price, however, oh yes I remember it now, a dictionary word that begins with an “m.”
So out of curiosity, I know it’s a very good example of a .cc, but what do you really think realistically could come of Philadelphia.cc in terms of it paying off down the road?
.co and .ws next I hope to drop to $8 renewal.
Me too. Have had Hawaii.CC for many years now.
I haven’t bothered to even look at .cc in the past few years. I remember you used to be able to get great one word .cc names at Godaddy closeouts, I am not seeing the quality I used to. There are some nice .co available, but the renewal fee is $25. Not worth the risk to me.
I had hundreds, literally, of NNN.cc names. After holding for years and years, I let them all go about 3 years ago. Imagine my horror looking at the sales data for NNN.cc names now.
I also had quite a few awesome single dictionary word .cc names I’ve let expire. I’ve kept the good ones, i.e. apartments.cc. But had the renewal rates been lower I might have kept them all, including all those valuable NNN.cc (but who could have predicted the Chinese would go crazy with numeric names!)
Mark,
Ouch. That’s probably a million dollars gone
>”As I’ve stated in the past I expect several other TLDs to do the same soon and there are a few that will be making announcements later in the spring or early summer based on some other meetings that I’ve heard about. I understand many people don’t like low renewal costs because it only promotes more speculation and domain holding. End users absolutely hate it.”
Have you heard anything about .Gold? I’ve been speaking about that one in the blogs for a while now. It’s a shame because I believe it’s one of the few best of the best and could be extremely popular were it not for the pricing. Instead it just languishes. I have written most eloquently 🙂 and extensively about it’s true limitless versatility and how people already use the term all the time in such limitlessly versatile ways – outside the box – so it would be a shame to see this one wither under the weight of pricing that turns people off while TLDs with normal pricing like .club leave it in the dust. It’s a truly great one-of-a-kind and historically significant TLD on the word scene. In fact, just like .com it’s nothing less than TLD gold. 🙂
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