If you remember the “.COM” boom of the late 1990’s, then you will remember stories of people making small fortunes by registering the .com domain names of companies and well-known organisations in order to sell their domain extensions at truly inflated prices. Some people registered a domain for about $10 and sold them to the respective companies for thousands and sometimes millions, creating instant online millionaires.
Over ten years later and the.com bubble has long burst. Most domain combinations have been registered and people are looking for good domain name alternatives or with different domain extensions. Enter the “.WS” (meaning “.website”). The.ws extension has already taken large inroads to becoming the next.com and companies such as eBay, Bose, BMW and Kodak already have theirs. Due to it being relatively “new”, many people are finding unregistered and top quality domains using.ws.
The reason why the.ws is becoming popular is because of the fact that it stands for “website” so it’s easy for people to remember. It is widely believed to be the front-runner for fulfilling new domain name registrations.
Today, globally there are over 1 billion people with Internet access. This is said to be expanding at the rate of tens of thousands daily. With that growth comes increased personal and business websites and therefore a lack of remaining.com,.us,.ca,.co.uk etc extension combinations.
Global Domains International (GDI) have been granted the right to provide.ws domains to individuals and businesses and expect sales growth similar to the.com before it. With 25 million domains today to an expected 500 million in the next 5 years, the.ws domain is set to become as ‘every day’ as the.com has.
So if you missed the boat with the “.com” boom, make sure you don’t do the same with .ws.