Saturday, May 11, 2019

Is it time for a .ROTHSCHILD new gTLD?

This article follows the finding of this publication, announcing the signing of an overall agreement for the use of the Rothschild brand in order to continue growing the family's various businesses.

The Rothschild Name
One would not necessarily know about it but there is a long story around the Rothschild name: branches from the same family have been fighting for the use of their own name. Have a look at www.rothschild.com to understand...who's who; but whatever has happened in the past, there a new chapter of this story. The good news is that the family has come to an agreement for the use of its name.

An agreement which matches with the use of a .BRAND
This powerful family has come to an internal agreement for the use of its own name so...isn't it time to look ahead and investigate which tools could strongly strengthen the Rothschild name for the next century? A ".BRAND" new gTLD could be one of them and here is an idea of...how to start a use of it.

Short reminder
a ".BRAND" new gTLD is a personalized domain name extension which allows to register domain name ending i the name of the brand. For example here, the Rothschild family would be able to create domain names ending in ".rothschild", instead of, for example, ".com".

Which benefit?
Both families work in the business of banking, but not only; and what's of interest when talking about creating personalized domain names is "generic keywords". When operating a .BRAND (dotBrand) domain name extension, the owner instantly acquires the ownership of the generic domain names he creates: no need to ask anyone, no authorization to have from a third party (but the other branch of the family in our case) and also...no domain name is already registered since the family would be the only one allowed to create them. SEO specialists probably understand that last sentence.

Which unique keywords are used by both families?
This is rather easy to find when taking a look at each family's main front page:
  1. ROTHSCHILD & CO :
    1. Global Advisory
    2. Wealth and Asset Management
    3. Merchant Banking
  2. EDMOND DE ROTHSCHILD :
    1. Private Banking
    2. Asset Management
    3. Private Equity
    4. Corporate Finance
There are many more (Wine, Philanthropy, Art, etc...) but this is the main idea: structuring businesses behind simple keywords to point to them online and clarify who does what behind a same name. Domain names ending in ".com" don't offer that option.

Challenging
Now the family has come to an agreement for the use of its name, and would such a project to create its "mega brand" make sense for the family, some question would need to be answered: which internal domain name policy to allow a branch the use of a generic domain name such as bank.rothschild for example? Which kind of application: community or trademark? What about the project itself; which use of this specific extension: just domain names? What about emails: how to ensure that emails dedicated to Asset Management are sent to the right family?

Exciting isn't it?

;-)

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