It can be a promotional boon for major companies. .shop is reportedly among the top potential new domain names and is expected to be one of many that will create a new cyber gold rush for new names. It can be a very lucrative business with the winning applicants able to sell their domains to top registrars which in turn sell secondary names. Only major brands can apply for their own names. If you don't think there is a need, think again. USAT Today reports that since July 2010, over one million registered sites have been assigned with the .co domain!
More Website Domains?
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So you thought we were done at .com? Prepare yourselves for yet another round of new web addresses. USA Today reports today that for the first time in a decade, ICANN which manages such things will start accepting applications to accept applications to manage new top-level domains. It doesn't come cheap. Interested companies will have to pay a $185, 000, which is more than twice what ICANN charged in 2000, the last time when it last accepted applications for top-level domains.
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