Will new gTLDs make the Internet too confusing?

Do you remember when the Internet took off in the 1990s and you could find a company simply by adding ".com" to the name and  - voila! - there was the Web site.  That worked well until all of the common names or phrases were taken because every business, organization, charity, or individual was lumped together in the same place.  Then came ".org" and ".biz" and other extensions, each of which is called a "generic top level domain" (or gTLD), to try to bring some order to the Internet universe.  You had to separately register you name on each of those with ".info" and ".net" and then link them together with a redirect.  Ah, how simple the world was back then. Indeed, while most people do not think much past the basics "open" gTLDs that we have used for the past 10 years, ICANN has rolled out the likes of ".mobi" for mobile devices, ".aero" for the aerospace industry, ".travel" for the travel industry, ".jobs" for companies to post openings, and several others.

Now, the Internet Corporation for Assigned Names and Numbers (ICANN), the group that is in charge of controlling how Internet addresses are handled, is pushing through with a new plan to allow literally hundreds of new top level domains starting early next year.  This would allow for some more specific "community" gTLDs like ".boston" or ".sports" or even individualized company-specific names like ".redsox" or ".dunkindonuts".  Since the naming convention will any string of between 3 and 63 characters, which will now include characters from other languages, there could be millions of possibilities.

What does this mean for trademark owners who have been diligently protecting their name through the various iterations of gTLDs that have come out over the past decade?  It is hard to tell at this point.  There will be some protections for trademark owners, but this may mark the end of the now commonplace occurrence of business owners buying their name in each domain - that just might not be possible anymore.  That is why many companies were critical of the new plan when it was announced last year.

There certainly will be more to come on this in the next several months.  Trademark owners in particular will want to investigate whether a company-specific gTLD makes sense for their business, and I am sure that multinational corporations like IBM and Coca Cola will shell out the $185,000 fee currently proposed for new applications.  There is clearly a need to clean up the conventions of finding information on the Web.  But I would expect that ".com" addresses will continue to be required minimums, particularly for small businesses, while there will be more experimentation with the new names for some time to come.

What's in a (business) name?

A rose by any other name could smell as sweet, but you don't want your customers holding their noses when they hear (or can't remember) your new business name. There is no one way to come up with a name for your business, but take your time - you don't want to be stuck for years with a name that you and your clients don't like or understand.

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Great business plan - when location means everything!

Great article from the Wall Street Journal that was fun to read because my wife and my MIT Sloan friends often frequent the Clover Food Truck in Cambridge.  The Rosemary Fries described in the slideshow are a bit hit!  Not exactly what you first think of with a lunch truck:

Lunch trucks once represented the nadir of culinary achievement, conjuring up images of withered hot dogs and hygienically-challenged kebabs. Today, even some chefs from Michelin-starred eateries are migrating into a sector of the food business that seems particularly well suited for a financial downturn. For would-be restaurateurs, launching a culinary truck requires far less start-up capital than a brick-and-mortar restaurant. At a time when consumers are cutting back on restaurant spending, a food truck serving inexpensive lunches and snacks can be an easier sell to diners.

They always say that location is everything with small businesses, particularly restaurants.  These businesses are not only able to capitalize on that, but also connect with their customers via regular Tweets on where the truck is located, specials of the day, and updates on what food is avaiable (or has been sold out).  Another great way to use older techniques with modern tools to keep customers engaged.