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Domain Industry Update – Week 13
In this update we are getting our first glimpse of what the northern hemisphere summer may pan out for the domain industry. Although it’s early days as yet, the statistics are panning out to be really interesting.
I read a recent news article that suggested the USA may have a second wave of COVID-19. This will be a terrible loss of life, economic chaos and a tragedy for many in the workforce who lose their jobs. I wouldn’t be surprised if this spills over to the domain industry with an increased level of volatility.
The big unanswered question is if and when the big corporates will start spending more money in online advertising. If this does occur, then this influx of advertising funds combined with the existing small-medium sized business will become a boom for domain traffic investors.
In the meantime, I pray that everyone is keeping safe. I look forward to seeing you when this international pandemic finally draws to a close…..hopefully this will be sooner rather than later.
Comments
I assume there will be a second wave of the virus here in the States, but there is no way anyone except the vulnerable (elderly, etc) are going back into quarantine. The horse has left the barn, so to speak. However, wearing masks will probably continue for a while.
Down here in Australia we've sadly had 102 people die since COVID first made our shores. The good thing is that it's not a LOT more due tot he government responding quickly and locking down everything.
And the first wave isn't even finished yet - thanks to incompetence and criminality at the White House.