Contribution from new top level domain names isn’t significant, CEO says.
Web.com CEO David Brown was asked about new top level domain names on yesterday’s investor conference call. Brown said the company isn’t doing “back flips” over the results, and says it’s not moving the needle for the firm. He suspects new domains aren’t moving the needle for competitors, as well. Here’s what he said:
So in the gTLD space, that continues to be positive, but we’re not doing back flips here. It’s not that positive. We think it’s good for the market, good for consumers and businesses to have more choices. But it’s not – they’re not flying off the table. .Com and .net and the original extensions still are the force in the marketplace. But as we see more gLTDs and as the market understands them and sees the opportunity, we continue to believe that this will be a positive trend. But at this point, it’s not moving the needle in our business or likely in anyone’s business.
If new TLDs are moving the needle for anyone, I suspect it’s smaller registrars that focus on .com alternatives.