Video explains what makes domains good — and bad — for the Chinese market.
Allegravita, a consultancy for doing business in China that has worked with a number of domain name companies, has published three info-packed sessions from the DomainFest Asia conference held in September.
The company has packaged them together as a “Boot Camp” on the Chinese domain name market, and one video in particular is worth watching for any domainer thinking about investing in domains that might appeal to the Chinese.
The Boot Camp for Domain Name Investors discusses why certain domain names have value to the Chinese.
The first 25 minutes provide a good overview of the Chinese language(s) and text input, and the challenges it brings. The video then discusses why certain domain names are more valuable to the Chinese than others, but also how it can be very difficult to ascertain values.
In some cases, longer domain name can be better than shorter. But really short domains can be even better.
Allegravita founder Simon Cousins explains how a second level domain name like BJYLZXW could actually be a great second level domain name. Names like this can have great semantic meanings.
He also explains something that’s a bit of a mystery to Westerners: why short domains with certain vowels are worth less to the Chinese, but ones with “rare” characters in English can have more value.
One slide explains, “The Pinyin of a Chinese character could start with anything other than o, i, u, and v. Even letters rarely used in English, like x and z, appear regularly in Chinese Pinyin.”
When it comes to numbers, valuable combinations might represent phone numbers and area codes. Some numbers can also be puns.
Cousins also explains the the biggest threat to domains in China. It’s probably not what you think.
You might also listen to a crash course podcast with Simon Cousins I recorded last year.
I’ve embedded the boot camp video below, and you can view several here.
Great. Now we need that boot camp *for* the Chinese, to stop the endless spamming for quality (Western) letters with offers at 1/10th of their value. Will Simon do that part?
Acro – Was a DomainSherpa speaking of you in his blog post today?…… He says, “And PS When you only have 13 LLLL.com and complain about being spammed all the time you really need to shut up. Imagine the people that have real portfolios of LLLL.coms. All the “I’m tired of being spammed” talk is worse than actual spam. It’s exhausting and repetitive. You know who I’m talking about.”
If it is directed at you, or regardless of who it is directed at, I would hope that Michael Cyger realizes, at some point, he is hurting his brand by this behavior.
I am pretty sure Shane was talking about him
All these domains are essentially being used as currency vehicles
Once sold, these names can never be reacquired back into Western civilization, simply due to the premiums being paid.
There is no point chasing these ugly letters, the Chinese have setup camp in all the dropcatchers, and they are much more well funded than 99% of the domainers trying to invest in them.
You can sit there, and be outbid all day, and at the end if they forget to bid end up with qzxcb,com for $500
Ron – Thanks! Your analysis is very helpful.
@Aaron Strong,
Michael Cyger is many admirable things but 1 thing he indisputably is not … is a good judge of character.
I’ve spoken to him about Shane Cultra a few times.
Sorry, Mike; but it’s true, and it needs to be said.