Wednesday, July 12, 2017

What Do YOU Mean By Win?

Earlier this year we launched our website NamesThat.Win. We wanted to take the opportunity to discuss what the word 'win' means to us. As part of that, we urge you to consider what a 'win' would be for your online presence.

The idea of a domain name and an associated website being a 'win' can be interpreted various ways, including the following.
  • The website should reflect positively on your organization. While content is clearly critical, as well as attention to detail, the impression starts with the name you adopt. Yes, the name can be catchy and even cute, but always in a tasteful way.
  • Honesty is critical. The name and website should reflect what you are about in a clear way. Never use a name to try to pretend your organization and goals are something that they are not. Many will disagree, but I say don't use an .org TLD if you are not an organization, and don't use .com if you are not a business. I wish there were controls so that someone could not use .science if they have nothing to do with science!
  •  The website should be informative.  After I visit your website I should feel that my time was well spent in terms of the valid information that I got in a timely fashion. Even if your primary goal is to sell a product or service, your website should provide information to help a potential purchaser make an informed decision, and provide support documentation. 
  • Is the website sustainable? Is it designed so that you can reasonably do what is required to keep it current? Is the total cost sustainable in terms of the value that the website brings to your organization? If you go for a premium domain or an expensive .com, can that cost be justified?  Too many people rush into owning too much home for their means, and I find some companies do the same with respect to a domain name and website.
  • The name should be location appropriate.  If you plan to only operate in a single country, with essentially no customers beyond the borders, it does make sense to use a country specific domain name. Research shows that these are more respected and trusted. However, if your vision extends beyond your home country, seriously consider starting with a gTLD, or possibly multiple TLDs with a common first name. It will be interesting to see how the .gdn (which stands for global domain name) takes off - so far it has seen limited adoption, although that is increasing.
  • Almost all websites should feel current. While achieving this will depend partly on the website design, having current content is critical. Also, start with a name that suggests a modern site. Some domain names just feel ordinary and old. I realize adoption has been slow, but I think that the new gTLDs offer real opportunities here. Make social media interact smoothly with your website - it is easy to have your Twitter feed display on your website, for example.
  • Think about the goals of your website. Is it primarily to sell, interact with clients, provide support, contribute to public understanding, earn advertising revenue, or make your organization better known. Make sure your website, including the domain name, is congruent with these goals.
The last point brings me to the primary focus of this post. Before you consider available domain names and how much you are willing to pay, or how you will design and host your website, start with the goals you have for your online presence.  Make a written list, and get the opinion of others, revising as appropriate. 

So why did we select NamesThat.win? We believe in the long term value of the new gTLDs (global top level domains), so wanted to use one ourselves. Also, we see value in using an expression as part of a name,  and wanted to model that.  As a small operation, but with potential customers from around the world, we wanted a global TLD. Considering sustainability, the domain name was reasonable to purchase and to renew (we have it registered for 10 years so our domain costs are completely known for a long time). We feel that your consideration of names ideally starts before you have registered a company name or domain name, so we wanted the word 'name' not 'domain' in our website. 

We realize that at first glance .win is an unusual choice.  The intention of those who set up the .win registry was that it would mainly support activities such as online gaming. However, as explained above, win is used in everyday language in a much more general sense.  A win is something that meets or exceeds your stated goals, and it is in that sense that we selected it for our website. 

Ultimately we plan to offer four types of services.
  1. Sell domain names particularly new gTLDs with domain names that deal with biotechnology, blockchain, Canada, crypto-currencies, education, environment, family life, investing, nanoscale, outreach, science, space, technology, and travel. While some of our names work well for small businesses, we also aim to serve the organization and non-profit sectors.
  2. Rent and sell domain name expressions for use in promotional campaigns, mainly in the areas of education, outreach, science and technology.
  3. Write and distribute white papers on topics related to domain names. The first of these, an estimate of the size of the global domain name market, is already published and made freely available. We also will publish a series of how-to guides on various topics, and short domain reports in specific areas.
  4. Provide consultancy on domain name options in areas supported by our expertise. This will primarily be in biotechnology, education, electronics (including Internet of Things), outreach, nanotech, science, space and technology.
We are already well along in (1), with sales of 16 domain names from a portfolio of a bit over 100 domain names. We have an initial offering of rental expressions for (2), and also are making available sale of domain name expressions for those who prefer that. While our second white paper is still some weeks from publication, our first white paper got a quite a bit of attention from the domain investing community (primarily through NamePros).  We don't have a specific time framework for (4), since we want to be sure that we have built up the necessary skills before offering our services.

Ultimately our goal is to help you clarify your goals, to set criteria for evaluating success, and to help you 'win' by achieving success in those goals. We hope that you will continue to visit this blog, access our website regularly, and follow us on Twitter @AGreatDomain.


1 comment:

  1. Update: the first three of the services are now operational, as we have published our first white paper (an analysis of the demand globally for domain names).

    ReplyDelete

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