China - Domains Market Frontier?

The New Domains Market Frontier?

Despite China being a world power house, it is actually still relatively young in terms of online business and e-commerce.

This is rather surprising when you consider the fact that this is the second largest Internet region in the world after the United States. It is estimated that there are 80 million internet users in China and this number is growing at the staggering rate of 5 per cent per week!

All this sounds very impressive and suggests that there is a huge market in China for services like domain name registration. However there are skeptics who warn that the road may not be as smooth as it looks at first glance. They argue that the country is only at the point of opening its' doors to ideas like domain registration, pay per click marketing and affiliate programs.

They further point to the fact that only one per cent of the users in China actually purchase products or services online. The majority of World Wide Web users in the country use the net for education and information purposes only. This would make it very difficult to market services like domain name registration effectively in this vast country.

Still the pros for investing in the Chinese online market cannot be ignored. To start with the web sites are pitifully few to serve the needs of the colossal Chinese market. Then the cost for pay-per-click marketing is much lower than it is in the rest of the world. Then there is the rapid growth and huge numbers which will soon make China the top Internet market in the world. There is no way an investor can ignore these cold facts. Additionally, history has shown that the entrepreneurs who make the really big money tend to enter an industry or market when it is still very much in its' infancy stage.

All these facts no doubt make China one of hottest markets for domain name registering organizations to target.