New gTLD XYZ Domain Name Registrations Net LOSS Now 114935

New gTLD dot XYZ domain name registration numbers are hemorrhaging--registrations on June 3, 2015, were 940,585 and as of June 23, 2015, are 825,650--a (net) drop of 114,935 or a net loss in registrations of over 12% (source: namestat.org/xyz).

Easy come, easy go?

It is unknown, but probable, that [UPDATE] many of those registrations were given away for free by domain name registrar Network Solutions last year--reportedly 300,000+ registrations. [note: Andy Brier of namestat.org sent me the link to his blog where his analysis indicates a less than 6% retention rate for XYZ domains at Network Solutions--interesting reading!]

Earlier today, Domain Mondo posted the news that the stock of the corporate parent of Network Solutions, Web.com, received a downgrade by Citigroup this morning.


See also: Domain Name Registrar Network Solutions Settles FTC Charges"... Network Solutions LLC has agreed to settle Federal Trade Commission charges that it misled consumers who bought its web hosting services by promising a full refund if they canceled within 30 days. In reality, the company withheld substantial cancellation fees from most refunds..."

Caveat Emptor!

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