Last week in a rather unheralded step, ICANN (Internet Corporation for Assigned Names and Numbers), the organisation that manages domain names on the Internet, started accepting applications for new tailored top level domains or TLDs, something that marks the start of the potential full decentralisation of control of domains and that might have big implications for marketers.
There are currently only 20 TLDs (see if you can think of them if not go here - some will surprise!) alongside all the country domains so we have clearly been under-supplied for way too long. But just before we all rush off and apply to get our own brands registered make sure you have some spare cash as each application costs about £120k. No doubt we will see .apple, .google, .facebook and the like being approved at speed, seems like .brand and .category have already been given the nod.
So the question might be, 'What are the strategic opportunities made available by owning a registry?' It might be the best chance yet to manage your online profile or might the whole thing just collapse into confusion?
One thing is certain and that is that if you don't get yours someone else might get it and squat and you will have to go to the law to get it back again. That said each new TLD must undergo a “sunrise period,” which provides brand and trademark holders first dibs to register their brands as a second-level domain before it opens to general registration. This means that all brand owners will need to think hard about which ones they want to be part of and which ones they don't care about. What's also interesting is that if you apply you don't necessarily get the right to buy - especially if your name or brand is generic and may have wider application.
The recommendation is to apply soon (go
here to find out more) - what a surprise - but as a last thought,
I just wondered in this new world of crowdfunding whether there were 120 of us willing to put up £1000 to register our own bit of the future. Suggestions welcome and I will start taking deposits as soon as the banks open.
- AndrewHatcher

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