If you are thinking of investing in domain names it's important that you understand your market. Top Level Domains or TLDs are growing by the day, some would say that this is a great way for certain bodies to make even more cash and some would say that it opens up the domain name market to people who missed the boat on coms.
Which ever way you look at it the release of new TLDs is going to happen on a regular basis over the coming years and one such TLD that has just released is .me.
One of the newly released TLDs, that is causing a lot of interest is the .me. There are of course several reasons as to why this particular TLD is causing so much interest and we can go through them one by one.
Firstly for all English speaking nations the word "me" is commonly used and understood, this gives the TLD an advantage over certain other TLD domain releases in the sense that it can become part of your domain name or brand, for instance: call me, date me … etc. This makes it easier to remember and in some cased to brand. Secondly, due to the fact that the domain extension has a very broad appeal it naturally lends itself to individual or personal web pages and blogs.
You can see this in action already in the tv extension that is widely being used and accepted by media companies around the world as a good domain name extension for television companies and online tv channels. The explosion in social networking sites and the move to personal connection web sites lends itself perfectly to the .me tld and I'm sure you will see one or two big players in the area within the next couple of years.
Also if you take into account how ISPs and web hosting providers are simplifying the web development process and supplying packages that can have you up and running in no time at all, they are removing the barriers to entry in the market everyday. Another interesting point about the .me extension is that it is totally open and anyone can register a domain name.
Another success story in the domain names area is the European extension eu. It was first released a couple of years ago and has since gradually crawled up the charts of the most popular extensions. At the last count it had reached 3 million registered domain names and is growing at a steady pace.
The two other areas that should be mentioned and I would suggest to study them well is India and China. Although to market for cn has been very closely controlled by the Chinese government up to now we are finally seeing a little relaxing in the controls. This can be seen in the rapid growth of registrations.
This is also thrue of India and their in CC. They are finally waking up to the value of their national CC. There are 2 billion people in these two markets, alone they dwarf the entire domain and is only a matter of time before most of the people in these countries are online.
Taking all of the above into consideration if you are thinking of starting your own web site, blog or even your own business, do not overlook the possibilities of the .me extension.