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Staggering stats on domain tasting and kiting

According to Bob Parsons at GoDaddy, the practices of domain tasting and domain kiting are alive and well.

Check out these staggering statistics:

“In February 2007, 55.1 million domain names were registered. Of those, 51.5 million were canceled and refunded just before the 5 day grace period expired and only 3.6 million domain names were actually kept.”

That’s a 6.5% retention rate, folks.  Alive and well, indeed.

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