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Technology Management | "Will ICANN Drop its Biggest Revolutionary New Idea? Five Reasons"

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Will ICANN Drop its Biggest Revolutionary New Idea?
Five Reasons

- by Naseem Javed *

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Page - 2

The study by ABC Namebank clearly points to a serious 95% dilution factor among major business names around the world and how this cyber branding race will create havoc among those aggressively filed but poorly crafted brand names.

Despite, all the weird and mysterious reasons, the fact remains that most medium and large size business names all over the world are badly structured and cannot pass the global test on this new platform and the exposure of this blunt fact should not be one of the prime reason of opposition, rather it only creates a great opportunity as a fix for real global image expansion. Irrespective of all this it will be a real big bang era for trademark and legal professions as they are poised to play a very big role.

  • Three: Complete absence of any enthusiastic support from the advertising and marketing trade, this group is not only oblivious to this tsunami but due to the technical ramification finds it at odds to even mention it.



  • The marketing professionals, the branding experts and the advertising agencies, encompassing a couple of million people in this trade worldwide have yet to discover, what this revolutionary device can deliver at a global scale at a price less than the production cost of a single TV commercial. The massive shrinkage due to digitization of the global advertising and branding industry already underway will eventually get harmonized with these new cyber platforms. For now, some fast track education is needed to capture and re-energize the entire industry, the sheer volume of the re-branding; re-naming and the re-positioning will also open extraordinary new fronts.

  • Four: Outright rejection by the domain name protection agencies, as their extra filings of millions of domain names to scare off cyber squatters as a service may be considered redundant.



  • The ease of entry to a domain name purchase really spread the disease of cyber-squatting but now with a proposed price tag of $ 200K-500K for each name, plus a rigorous complex process, the midnight trains of mysterious squatters would simply be shunted to other tracks. Furthermore, once a new gtld domain is allotted to a party, it would be very nadve to assume that ICANN would allow several modified versions of the same name to be sold to others. The brand protection agencies will have far too many other new fronts to explore and they may have to out focus form only squatting.

  • Five: Lack of a powerful message for the global entrepreneurial audience and for not being able to articulate the issues with swift speed, utilizing the latest technologies of mass communication and making this a popular high level global business debate.

  • The mother of all action is this arena, where brand new ideas will incubate and dynamics of the new platform will shine. With a billion additional users coming on the surface the endless horizon will change and global interaction will create a very rich Internet experience.

    Next


    Naseem Javed, recognized as a world authority on corporate image and global name identities, is a harsh critic of casual and accidental naming. He is a dynamic speaker on corporate image and branding issues, and is also the author of Naming for Power. He founded ABC Namebank International, an image and branding consultancy over 25 years ago.
    Website: www.abcnamebank.com


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