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Domain Kiting and Tasting and Why a Good Name is Hard to Find

roadskater's picture

In addition to working on some T2T publicity and handling upgrades and drop outs on my computers and websites today, I had to drop over to GoDaddy.com to look at my domain registrations. One of Bob Parsons' blog entries caught my eye and I looked in on it and found an interesting paragraph:

An old problem gets worse — much worse.
Ever wonder why it seems more and more difficult for you to get the domain name you want? Quite often it’s because the domain name tasting and kiting industry is alive, well and running rampant. The practice of domain tasting and kiting continues to rage out-of-control. In February 2007, 55.1 million domain names were registered. Of those, 51.5 million were canceled and refunded just before the 5 day grace period expired and only 3.6 million domain names were actually kept. With the exception of just a few names, 93.5% of those names were registered simply to see how much advertising revenue [they can generate easily].

Of course most registrars make money off of those pages people register before they actually get around to putting something up on a site. This is why they are eager to give you a free "parked domain" or "under construction" page.

So of course it pays to keep up with domain names often if you want one in particular. Once it's gone it may not really be gone if you check it a few days later, it seems. I have not found this to be true, probably because another kiter comes along before I get to it, ha! This is probably good as I'm a bit of a collector of names it seems, in a very small way. Always with the best of dreams and intentions of course.

Check out the full story at:

http://www.bobparsons.com/WhyyoucantgetthedomainnameyouwantGoDaddyrescuesRegisterflycustomers.html

There's also talk about whether or not they'll advertise in the Super Bowl, and I got a special understanding of the phrase "Welcome Home" when reading about it in Parsons' blog mentioning Viet Nam Veterans. Did I do what I went to GoDaddy for? No. Other disasters took hold and I'll be doing a Scarlett O'Hara on that I guess:

I can't think about that right now. If I do, I'll go crazy. I'll think about that tomorrow.

Comments

eebee's picture

Domain Kiting definition

I'm gonna publicly announce my ignorance here, because I had to go look up kiting, having never heard the term before.

Looks like it is a term previously used to describe financial fraud, which involves floating checks or even accounts to simulate available funds where there are none:

Wikipedia:

Most methods that are used by violator involve taking advantage of the float (the time between the negotiation of the check and its clearance at the check-writer's bank) to draw out these funds. Such acts are often colloquially referred to as check kiting or paper hanging

I can't see how that would work these days though, since you have to wait so long for a check deposit to clear before you can withdraw against it.

Catch Me If You Can (a movie I never saw) highlights this kind of check kiting. I only remember Leonardo running across the front of the DVD box.

Here's what the Wikipedia entry for Domain Tasting says:

Domain tasting, also known as domain kiting, is a practice of registrants using the five-day "grace period" at the beginning of a domain registration (...) to test the marketability of a domain name

Well I learned something today.

northinsouth's picture

funny movie if you get a

funny movie if you get a chance to see it =)

 

Craig 

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