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Caveat Emptor

As we draw closer to the opening of the new gTLD application period on January 12, 2012, more and more new gTLD service providers are coming out of the woodwork. In order to stand out from the pack, some of these providers have dropped their prices, offering services like application preparation for as little as $20,000. Given that applying for a new gTLD is not exactly a cheap endeavor, due to the $185,000 price tag for submitting the application, it may be tempting to pick a partner who offers the lowest price. But like everything, when it comes to new gTLDs, you get what you pay for.

The fact is, acquiring a new gTLD is a comprehensive process that includes much more than filling out an application. ICANN is an organization unlike any other that most applicants have dealt with, and operating a new gTLD registry is an endeavor that most applicants – especially brand owners – have never undertaken. The process for acquiring a new gTLD is structured in such a way that essentially everything rides on the application, because everything included in the application gets hard-coded into the contract with ICANN.

Smart applicants realize that because of this structure, they must do a significant amount of strategy and long-range planning in preparation for filling out the application. They will need to be sure to give careful thought to how they encode those plans into their answers to the application questions. If the application isn’t sufficiently thorough, then a few years down the road, they could end up locked into a contract with ICANN that no longer meets their business goals. And anyone who has been following the .JOBS saga knows how hard it is to negotiate contract changes with ICANN.

Here at FairWinds, we brought in a bona fide ICANN expert to help us prepare applications on behalf of our clients. Michael Palage is the founder of Pharos Global, who has been actively involved with ICANN since it was created back in 1998. Not only has he been present at nearly every ICANN meeting since its establishment, he even served as the ICANN Board Director for a time. Pharos Global has contracted with nearly half of all the new gTLDs that ICANN has approved over the last decade, and Michael was instrumental in advocating for the interests of brand owners in the new gTLD policy.

We have found that almost no other players in the gTLD consulting field have teamed up with people with this depth and breadth of ICANN experience. Michael is one of the few people outside registry suppliers that have actually negotiated a registry contract with ICANN, and that experience enables him to point out details, considerations and even risks that no one else in the new gTLD consulting marketplace seems to be aware of. This helps our team ensure that our clients don't hit any unexpected speed bumps along the path to launching a new gTLD registry. To say he knows is stuff is, well, an understatement.

When you’re looking into who to bring in as a partner when it comes to new gTLDs – whether it’s a consultant, a partner to prepare your application, or a registry service provider – it helps to do a little bit of digging into the company’s background and personnel.

After all, when you have to foray into unfamiliar territory, it helps to have someone who's familiar with the terrain.

Down with Data

When talking about new gTLDs, it’s easy to get swept up in the excitement of new marketing possibilities or the drama of ICANN controversy. Today, we’re going to be talking about something slightly less titillating, but highly necessary: data escrow.

Part of a new gTLD operator’s registry responsibilities is to contract an independent entity to act as a data escrow agent. The full details of the data escrow process are described in Specification 2 of the New gTLD Agreement, but it basically amounts to keeping records of all the data pertaining to “registry objects,” including domain names, contacts, name servers, registrars, etc. and submitting that data into escrow at regular intervals. (more...)

New gTLDs: A Step-by-Step Guide

Today, FairWinds Managing Partner Josh Bourne published a cover article for iMedia Connection. The article, titled “Your Step-by-Step Guide to Acquiring a gTLD” walks applicants through all the phases of applying for and acquiring a new gTLD – from the initial fact gathering and planning; to preparing the best application possible; to launching a new gTLD registry and making the most of the ongoing relationship with ICANN. Josh also breaks down what applicants need to be thinking about and what questions they need to be asking throughout the new gTLD launch process. This article is a must-read for anyone considering pursuing a new gTLD.

The Right Registrar

A common assumption among companies is that once their applied-for new gTLD is launched, they will be working with the registrar that currently handles their domain names to manage the domain names within their new gTLD as well. It’s understandable – it’s a matter of convenience to have all domain name registrations handled in one place. With that in mind, it might make sense for brands to stick with their corporate registrars if they are sure that they’re running a closed registry (i.e. for their private use). (more...)

Who’s Responsible Here?

By now, regardless of how we may feel about new gTLDs, we all know who was the driving force behind the New gTLD Program – ICANN, the California-based non-profit that is in charge of coordinating the Internet’s domain name system.

Well, actually that’s not quite true. It turns out that everyone knows ICANN was the driving force behind new gTLDs except…ICANN. (more...)

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Cutting through the Noise

The driving mission behind the gTLD Strategy blog is to provide brand owners and brand representatives with objective information about new gTLDs in order to provide them with completely unbiased advice on how to develop strategies around new gTLDs. We understand that some brands will, in fact, extract the most benefit from pursuing their own branded, category term or aspirational gTLDs. But we also understand that for some brands, applying for a new gTLD will not be worth the investment of time and money required.

So you can understand our frustration when we read things like Afilias Senior VP and CMO Roland LaPlante’s new piece for Circle ID. Afilias, by the way, is the company that launched the .INFO gTLD registry back in 2001, and is now offering gTLD services to brand owners and other applicants. (more...)

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