In this episode, the focus is on how cultural nuances impact business practices in China, specifically in the domain name industry. Kris Hou, an experienced Domain Broker, best known for domain sales such as Perfect.com, KE.com, Virtual.com, and many more shares his insights based on his seven years of experience and millions of dollars in domain sales. We discuss Chinese buying behaviors, particularly their preference for one-word or multi numbered .com domains, and how these cultural differences can complicate negotiations.
Kris can be contacted at: Kris@Saw.com
0:00 Chinese Domain Buying and Cultural Significance
8:00 The deep meaning of numbers in Chinese culture
17:00 Time to roll the dice
23:57 Domain Name Value and Meanings
40:38 Domain Ownership and Cultural Differences
51:51 Implications of Tesla’s Internet Connectivity