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Survey reveals demand for .brand TLDs
Almost half of trademark-conscious companies are considering a “.brand” top-level domain, according to a survey carried out by World Trademark Review magazine.
The survey also found that there is much more interest in new TLDs among marketing folk than lawyers, which is perhaps not surprising.
So far, only a few potential .brand applicants have been revealed. Canon has been the most brazen about its plans, but others including IBM and Nokia have also dropped hints.
The WTR reported:
WTR’s survey of in-house trademark counsel, attorneys in law firms and marketing professionals found that an average of 54% responded “Yes”, “It’s likely” or “Maybe” when asked whether their company/client would apply for a new gTLD. Of these, 81% confirmed, like Canon, that the string would be their master brand.
A break-down of these numbers kindly provided by WTR show that “Yes” was easily the least common response, but that marketing professionals expressed more interest than lawyers.
Asked whether their company would apply to run a new TLD, only 6.8% and 9.5% of in-house counsel responded “Yes” or “It’s likely”, compared to 19.6% and 15.2% for marketers.
About 54% and 33% responded “No” to the same question, respectively. The remainder were on the fence with a “Maybe” response.
Lawyers in private practice, when asked the same question, were more confident than their in-house counterparts, with 18.9% saying it was “likely” at least one client would want a gTLD
Whichever way you cut it, this adds up to a pretty decent chunk of .brand applicants. ICANN has previously said it expects between 100 and 200 such applications in the first round.
About 350 people responded to the survey in total. The full results and analysis are published in the latest edition of WTR.
Survey reveals demand for .mobi:
http://mtld.mobi/node/1051
Maybe they can now do a survey with 200,000 average non objective end users instead of “in-house trademark counsel, attorneys in law firms and marketing professionals” to begin getting a real idea?
I doubt if the questionaire asked whether their company would apply to run a new TLD and incure the $185,00 cost to do so. Would the still low percentages to the original question been that much lower? I doubt they mentinoed it.
http://www.circleid.com/posts/new_gtlds_and_their_hidden_costs_part_1/
Did the study ask participants the reason that they would buy the branded TLD’s?
I would like to know how many of the people are interested due to purely marketing benefits as opposed to a defensive purchase to prevent squatters, fraud, and brand dilution. Just because a company would rather purchase TLD’s than suffer the potential consequences does not put them in the same category as companies that actually want the TLD’s.
That’s a very good question. I believe the WTR article may get into more detail on that side of things.
[…] Survey reveals demand for .brand TLDs […]
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[…] Survey reveals demand for .brand TLDs […]