EURid Slashes Prices As .eu Sales Collapse
EURid is to cut the registration costs of .eu domains to 5 Euros from January 1st 2007 in the wake of collapsing .eu sales. The price reduction is presented as being a response to the success of the .eu ccTLD. However the reality is that EURid has made a complete mess of .eu ccTLD and the credibility of .eu has been destroyed by cyberwarehousing, cybersquatting and the staggering incompetence of EURid.
EURid claimed that this substantial reduction was possible due to the huge interest in .eu and the high number of registrations. The reality is that cyberwarehousers and cybersquatters account for a very large proportion of .eu ccTLD and they were aided by the sheer incompetence of EURid in handling bogus registrars and the massive amount of cybersquatting and cyberwarehousing that this caused.
The incompetents in EURid management seem to think that cutting prices will enhance renewal rates. The reality is that .eu domains are on sale on domainer websites for around 5 Euros each and they are not being bought. All viable TLDs have some element of domain trading but the way that .eu domains are not being traded shows how utterly devalued the .eu ccTLD has become.
The funniest quote in the EURid press release is this:
“EURid is now following up on its promise to reduce the fees after one year of operation. We hope this will stimulate more users to see the advantage of having a true European Internet presence by choosing a .eu domain name,” says Marc Van Wesemael, managing Director of EURid.
I don’t know if this guy realises that European people no longer trust or own .eu - it is mainly in the hands of US and Canadian cyberwarehousers and cybersquatters and it is the incompetence of his organisation that sold out the .eu ccTLD. Europe has one response to EURid - Screw .eu!
Tags: Irishblogs,.eu Statistics, Domains, Webhoster Stats, Internet Statistics, Eurid, Cyberwarehousing, domainnames
Written by John McCormac on November 17th, 2006 with
4 comments.
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#1. November 17th, 2006, at 8:30 AM.
Sad.
But what to do? Who is ultimately responsible for .eu?
Not that it would make much difference, but should we be writing to MEPs?
Would there be any value in putting up a complaint website where people could sign a petition for submission to the EC (or whoever the responsible body is)?