Editor's
Note: We will be traveling from New York
(and another great T.R.A.F.F.I.C. conference) back to our
home base in Florida today. We hope that all of the other
attendees also have (or have already completed) a safe trip
home. It was great seeing all of you in person this week and our
only regret, one that comes at the end of every show, is that we
didn't get a chance to spend more personal time with friends,
both old and new. For everyone, have a great fall weekend and we
hope to see you back here Monday when we return to our
regular daily routine in The Lowdown.
(Posted
Oct. 30,
2009)
Photos
& Highlights From the Closing Day at T.R.A.F.F.I.C. New York Including
Annual Award Winners & Moniker Auction Results The
T.R.A.F.F.I.C. New York conference
concluded
with a very busy day Wednesday at the Brooklyn Bridge
Marriott. Technically the show ends this morning
with a casual farewell breakfast for those still in the Big
Apple and a T.R.A.F.F.I.C. Board of Advisors meeting
that is also open to all registrants. However, the
show's business schedule ended Wednesday evening with
the close of Moniker's live domain auction. The
day began at 10am with one of the most interesting
sessions of the week, Inside the Candy.com
Deal, that featured both the seller of the
$3 million domain, T.R.A.F.F.I.C. Co-Founder Rick
Schwartz, and the buyers, Joe Melville and Greg
Balestrieri of the Melville Candy Company. Joe
Melville (left) and Greg Balestrieri (right)
of the Melville Candy Company gave
Rick Schwartz a bonus Wednesday morning. On top of
the $3 million they paid for
Candy.com, the duo presented Schwartz with a giant
lollipop to commemorate the deal. Both
sides detailed how the often contentious negotiations
led to a deal and Schwartz, who is known as one of the
shrewdest negotiaters in the domain industry, revealed
some of the tactics he has used in this and other
landmark deals (like the $750,000 sale of iReport.com
to CNN) to earn top dollar for his domains. I'll
detail those in a comprehensive show review article we
will be publishing before the end of the month.
Next up was a busy two-hour
brunch, sponsored by EuroDNS,
that featured an array of speakers plus the main event -
presentation of the annual T.R.A.F.F.I.C. Awards.
The speakers included Gregg McNair (who is
profiled in our current Cover
Story), who spoke on behalf of The
Water School, a great charitable
organization that the industry has been rallying
behind.
I delivered a report
on aftermarket domain sales through the first
three quarters of this year. The numbers I cited
are detailed in our latest monthly newsletter.
I also had the singular honor of seeing Bobbleheads.com
founder Warren Royal unveil a new Ron
Jackson bobblehead doll during the brunch.
Royal had one placed at every table setting so let
me take this opportunity to apologize in advance
for any indigestion that may have caused!
Royal, who is a
dedicated domain owner/developer, introduced the
company's first domain industry bobblehead last
year in New York with a Rick Schwartz doll. He
decided to follow up on the theme this year and I
was certainly humbled that he chose to add me to
his extensive inventory at Bobbleheads.com. In
addition to retailing countless bobblehead
figures, Royal has increasingly moved into
manufacturing and recently inked
a deal with the estate of the late Dr.
Martin Luther King to produce and sell a
commemorative bobblehead doll that will be
available at the King Center in Atlanta
among other outlets. |
Ron
Jackson
bobblehead doll that was
introduced by Bobbleheads.com Wednesday |
The highlight
of the Wednesday brunch was the presentation of the
annual T.R.A.F.F.I.C. Awards. Honors went out in 8
categories and veteran domain investor Michael
Berkens, who also writes a popular blog at TheDomains.com,
picked up trophies in two of those. Berkens
joined the Castello
Brothers (David and Michael) as this year's
inductees into the T.R.A.F.F.I.C. Hall of Fame
and also picked up the top individual award - Domainer
of the Year. Above
(left to right): T.R.A.F.F.I.C. Co-Founder Howard Neu,
Domainer of the Year Michael Berkens and his
fellow Hall of Fame
inductees David Castello and Michael
Castello, and Rick Schwartz. The
award winners were all chosen in open balloting. Here
are the winners in six other categories: Sponsor
Of The Year - Parked.com
Best Overall Domain Soultion - Sedo.com
Best New Monetizing Solution - Above.com
Best Developer Of The Year - Shaun
Pilford
Best Domain News Blog - DNJournal.com
The “We Get It” Award - Melville
Candy Company/Candy.com We
will have photos of all of the award winners in
our upcoming conference review article. Also
at the Wednesday brunch, Rick Latona (now a
T.R.A.F.F.I.C. partner with Schwartz and Neu) released
the full schedule for T.R.A.F.F.I.C. conferences in 2010.
There will be six events, two in the U.S. and four
international shows. Here is the complete line up: Las
Vegas - January 21-23
Milan, Italy - April 27-29
Vancouver, Canada - June 15-18
Dublin, Ireland - August 24-26
Miami (South Beach) - October
17-19
Hong Kong - November 15-16 The
Wednesday afternoon schedule included a pair of panel
discussions. The first, called Blog Roll,
featured Man on the Street video interviews
conducted by Howard Neu in Florida before
the show, with the panelists (industry reporters and
bloggers) then commenting on the sometimes surprising
street sentiment expressed in the videos on three
topics. Those were the interviewees' preferred computer
operating systems and search engines (Mac rapidly
gaining ground on Windows and Google
trouncing Yahoo in search), preferred social
media outlets (Facebook in a landslide) and their
preferred source for news (the Internet
overwhelming traditional media). Blog
Roll panelists (from left to right): Rick
Latona (RickLatona.com), Elliot Silver
(ElliotsBlog.com), Michael Berkens
(TheDomains.com), Owen Frager (FragerFactor.com),
Ron Jackson (DNJournal.com), Rick Schwartz (RicksBlog.com)
and moderator Howard Neu. The
final session of the show was a Meeting of the
Chiefs, with seven top level company executives
fielding questions about the current state and future of
domain monetization from four panelists; Dr. Jeffrey
Reynolds, Gregg McNair, Ron Jackson
and Lonnie Borck. The executive team featured Divyank
Turakhia (Skenzo), Pete Lamson (NameMedia), Ammar
Kubba (TrafficZ), Peter Celeste
(Oversee.net), Kevin Ham (Reinvent), Sean
Moriarty (DDC.com) and Donny Simonton
(Parked.com). I'll have details on that wide ranging
discussion in our upcoming conference review article. The
conference closed with Moniker.com's
final T.R.A.F.F.I.C. live domain auction (Rick Latona
Auctions will become the exclusive T.R.A.F.F.I.C.
auction services provider in 2010). Scene
from Moniker's live domain auction Wednesday in
New York. With
total sales coming in at approximately $412,150,
the Moniker auction didn't fare as well as the Rick
Latona sale the previous day that netted well over $1
million. Some frequent auction buyers in the
audience told me they passed on many names in the
Moniker event because they felt the reserves were set
too high. The biggest sale was Multivitamins.com
at $45,000 (the Latona auction Tuesday had been
topped by Rio.com at $450,000). While
we have given you a daily capsule view of T.R.A.F.F.I.C.
New York in our Lowdown posts this week, there is a
lot more to tell you about. We will do that in a comprehensive
show review article that we will begin work on soon
after returning to our home base in Florida. Look for it
by the end of next week (the article will be posted on
our home page just below the current Cover Story). We
are going to stay over in New York for an extra day to
catch a Broadway show and a little extra sleep -
something that will be a special treat after three
non-stop days and nights in the Big Apple. It was time
very well spent though and I would certainly do it
again (and will when T.R.A.F.F.I.C. Las Vegas
rolls around in January).
|
One more bit of
domain conference news. Organizers of the DOMAINfest
Global conference, coming up January
26-28 in Santa Monica, California, have
announced that attendees will be treated to a
night out at the Playboy Mansion in Los
Angeles for the second year in a row. As they
did last
January, DomainSponsor,
the domain monetization division of show organizer
Oversee.net,
has arranged for their guests to take part in a
charity fundraising party and accompanying
celebrity auction. The 2010 event will benefit Jenny
McCarthy’s autism organization Generation
Rescue.
We snapped the
adjacent photo at the 2009 DOMAINfest Global Party
at the Playboy Mansion. The world famous estate
covers over 5 acres in the Holmby Hills section
of Los Angeles. We will of course be at the 2010
event as well. |
|
|
|
Photos
and Highlights from the First Full Day (and Night) at the
T.R.A.F.F.I.C. New York Conference Tuesday
was a busy day
at
the T.R.A.F.F.I.C. New York conference. The first
full day of business in the event being held at the Brooklyn
Bridge Marriott got underway at 10am and didn't end
until the wee hours of Wednesday morning. The day began
with welcoming comments from T.R.A.F.F.I.C. Co-Founders Rick
Schwartz and Howard Neu, folllowed by a new
feature for the pioneering domain conference called T.R.A.F.F.I.C.
Test Track. In this take off on the ABC-TV
program Shark Tank, people seeking
funding for their development projects were given a
chance to pitch their ideas to a panel of potential
investors. Scene
from the debut of T.R.A.F.F.I.C. Test Track
Tuesday in New York. A panel of seven potential
investors that included (left to right on the dais
above) Michael Berkens, Rick Latona, Jon
Waterman, Rick Schwartz, Michael Castello,
David Castello and Dr. Chris Hartman
listed to pitches from three different developers who
stepped up to the microphone in front of moderator Howard
Neu (standing at the podium at far right). The
developers making presentations were Kevin Woods
(ByOwner.com), Mark Michael (DevHub.com) and Poland's
Daniel Dryzek who has plans for a multi-service ccTLD
conglomerate in Europe. The three were chosen
from more than 20 applicants seeking the same
opportunity. Though none won funding on the spot,
all impressed panelists with their presentations
and some of the investors expressed an interest in
learning more about the ventures before making a final
judgment. I found the concept to be a fresh and
interesting conference idea with tremendous potential
- one that I hope will remain a part of the
T.R.A.F.F.I.C. program in future shows. I'll have more
details on the presentations and the benefits the
audience gets from witnessing the interplay between
developers and investors in a full conference review
article that will follow the show. At
lunch attendees were treated to an informative an
entertaining keynote address from CNN anchorman Rick
Sanchez. Sanchez has been a pioneer in melding
traditional TV journalism with live interaction from the
audience via social media platforms like Facebook,
Twitter and MySpace. Sanchez gave the
audience a close look at the future of media and how
their Internet development ventures can tap into the
vast revenues that will be generated in the migration of
media from traditional platforms to the web. CNN
anchorman Rick Sanchez delivering a lively
and
well-received keynote address at T.R.A.F.F.I.C. New York
Tuesday. Sanchez's
talk was followed by a speed networking session that is
perenially one of the most popular events at
T.R.A.F.F.I.C. The format was changed this year to a
more effective one (first used at T.R.A.F.F.I.C.
Amsterdam in June). Attendees sit facing
each other in chairs arranged in two giant circles.
Those in the outer circle rotated over one seat every
two minutes allowing each particpant to meet and
exchange business cards with dozens of new contacts
before the hour was over. Scene
from Tuesday's Speed Networking session The
business day closed with the RickLatona.com
live domain auction that reminded me a bit of the glory
days of such events. A big crowd was in the room, with
dozens standing along the back wall behind those you see
seated in the photo below. Better yet, they were
breaking open their wallets to make big purchases like Rio.com
($450,000), Whiskey.com ($185,000) and SchoolLoans.com
($137,500), the latter being a fully developed site
with a nice revenue stream. While the final total of
approximately $1.2 million was a long way from
the record breaking days we saw a couple of years ago,
the overall vibe throughout the energetic event produced
a feeling that the aftermarket is on its way back. Scene
from the Rick Latona live domain auction Tuesday
at T.R.A.F.F.I.C. New York. After
dark it was time to play, and Skenzo allowed
attendees do that in style at their jam-packed casino
night party in Manhattan. Guests were taken to
the soiree at the Touch night club in a huge
fleet of limousines. Those who won at the gaming tables
received tickets to drawings for more than a dozen high
tech gifts including Amazon Kindles, Sony cameras and a
Blue Ray video system. The party drew well deserved rave
reviews from everyone I spoke too. Above:
Scene from Skenzo's official T.R.A.F.F.I.C. party
at the Touch night club in Manhattan. Below:
Faces in the crowd (left to right): Dr. Chris
Hartnett (Reinvent.com), Divyank Turakhia
(Skenzo.com), Michael Berkens (TheDomains.com), Rob
Grant (domain investor) and Ray Neu
(RickLatona.com). Hartnett, Turakhia, Berkens and Grant
have all been featured in DN Journal Cover Stories and
fast rising relative newcomer Neu may one day end up in
one as well (his father Howard was profiled in
our April 2009 Cover Story). |
Another busy
day is on tap today including the T.R.A.F.F.I.C. Awards
Brunch at 11am when I will also be delivering a brief
talk on the domain aftermarket. There will be three panel
sessions today as well (I'll be a particpant in both of
the afternoon a seminars) along with the marquee event, Moniker's
live domain auction scheduled to run from 4pm
to 6:30pm. After auction networking will continue
at the hotel this evening to close out this year's show.
I'll have photos and highlights from all of today's
activities for you in this space tomorrow morning.
|
|
T.R.A.F.F.I.C.
New York Conference Is Underway - New Cities for
2010 Shows to Be Announced Today
The
T.R.A.F.F.I.C. New York conference
got
underway last night with a welcoming cocktail party at
the Brooklyn Bridge Marriott. A good crowd was on
hand (show organizers said approximately 270 people has
registered) despite conflicting dates with the ICANN
meeting currently underway in Seoul, Korea that
siphoned away a considerable number of people who would
have been at T.R.A.F.F.I.C. otherwise.
Scene
from the welcoming cocktail party that kicked off
the T.R.A.F.F.I.C.
New York conference Monday night at the Brooklyn
Bridge Marriott.
Above
(left to right): Alphan Culha (PPX
International), Melissa Caputo (NameDrive.com)
and Daniel Law (NameDrive.com) were among the
opening night crowd.
Below
(left to right): Also on hand were Larry Fischer
(DirectNavigation.com),
Michael Berkens (TheDomains.com), Lizzy Grant (New
York based recording artist
and daughter of domain investor/developer Rob Grant) and
Judi Berkens.
While no
official business was scheduled during the cocktail
party, I picked up some interesting information in
private conversations. T.R.A.F.F.I.C. will reportedly
announce their final show schedule for 2010 today and
the line up of cities that were on a preliminary list
that was circulated when Rick Latona joined show
co-founders Rick Schwartz and Howard Neu as
a partner has changed considerably. It has
already been announced that T.R.A.F.F.I.C. will return
to Las Vegas in January, but conferences in four
new international cities will reportedly be announced -
those being Milan, Italy, Vancouver, Canada,
Dublin, Ireland and Hong Kong. In addition
there will be a Florida show at about this time
next year and it looks very likely that that show will
be held on Miami's trendy South Beach.
Speaking of
T.R.A.F.F.I.C. co-founders Rick Schwartz and Howard
Neu, after last night's cocktail party they headed
to the Marriott's private 23rd floor concierge lounge to
meet with CNN anchorman Rick Sanchez who
will deliver the show's keynote address at a luncheon
today. Diana and I happened to be there getting a late
cup of coffee when the trio arrived so I took the
opportunity to snap a shot of them on the balcony
overlooking the New York skyline.
(Left
to right): Howard Neu, CNN anchorman Rick
Sanchez and Rick Schwartz. Sanchez
will delivere the T.R.A.F.F.I.C. keynote address at a
luncheon this afternoon.
Industry
companies often use T.R.A.F.F.I.C. to make their debut
or to announce new products or services. DomainAdvertising.com
was the first new company to introduce themselves while
sponsoring last night's cocktail party. The company said
their mission is to evangelizes the domain
medium and its merits to key online ad spend
controllers, and help these media buyers effectively use
the domain channel. VP of Strategy and Business
Development, Alap Ghosh, is here to tell the
company's story and they have a double booth in the
exhibit area that will make them easy to find this week.
I'm
getting ready to head to the conference area now for the
first full day of business and it will be a busy one,
including the Rick Latona Auctions live domain auction starting at
4:30pm. The day will actually run into the wee hours
of Wednesday morning since Skenzo's official show
party that gets underway tonight at 9 (at popular New
York night club Touch) will run well past
midnight. I'll have photos and highlights from today's
activities for you in this space Wednesday morning. |
|
The
T.R.A.F.F.I.C. New York Conference Gets Underway This
Evening at the Brooklyn Bridge Marriott I
will be traveling to New York
today
for the T.R.A.F.F.I.C.
New York conference that gets underway this
evening with a welcoming cocktail party at the Brooklyn
Bridge Marriott (a hotel that also hosted last
year's show). The business sessions begin
Tuesday morning at 10am. I will be posting daily photos
and highlights from the show in this column starting
tomorrow. |
In
addition to covering the conference I will be speaking
about domain sales at the Wednesday Awards Brunch and will
also participate in two panel discussions that afternoon,
one called Blog Roll at 1pm and then the Meeting
of the Chiefs, featuring 11 company CEOs at 2pm.
The
latter session will include PPX
International Executive Chairman Gregg
McNair who was the subject of the new October
Cover Story we published Sunday. Gregg's path
from a farm in Tasmania to a major role in the
domain industry is a fascinating story so check it out and
if you are at T.R.A.F.F.I.C. this week and haven't met
Gregg, be sure to seek him out and introduce yourself. He
is one of the most interesting guys you will ever meet as
well as one of the smartest when it comes to
domains.
There
will also be two big live auctions at the show and both
have exceptionally strong catalogs this time out. The Rick
Latona Auction is scheduled to run from 4:30pm
to
|
Gregg
McNair
Executive Chairman
PPX International
|
7:00pm
Tuesday and the Moniker
Auction is set to go from 4:00pm to 6:30pm
on Wednesday (the closing day of the show aside from a
farewell breakfast Thursday morning).
For
more information on the show, you can check out our exclusive conference
preview interview with T.R.A.F.F.I.C.
Co-Founders Rick Schwartz and Howard Neu. In
addition to our daily show highlights posts this week we
will be producing a comprehensive conference review
article that will be published late next after we have
returned to our home base in Florida.
|
|
Sedo
Provides Stats Showing DDOS Attacks Thursday Did Not
Materially Impact Sales Results from Their GreatDomains
Auctions
A
lot of the blogs and forums today
have
been buzzing with comments about problems
Thursday at Sedo.com's
main website and their GreatDomains.com
premium auction site. The |
issues came
on a day when the company had a lot going on
including pre-bidding for one, two and three
character .de domains at Sedo and the
close of bidding in their monthly online auction
at GreatDomains. While unusually high traffic
for these events slowed server response time the
company said the bigger issue was an |
|
orchestrated
distributed denial or service (DDOS) attack
that began near the end of the GreatDomains
auction and later reached a level that caused
Sedo.com to go down. |
As
you would expect, a lot of clients have been
asking Sedo if the DDOS attacks negatively
impacted the results in their GreatDomains
auction. Sedo's North American Marketing Team
Director Heather Del Carpini told me,
"While the site was slow as the auction was
closing, our |
|
bid
logs show the we did not experience downtime until
after the close of the GreatDomains
auction. We still received bids until the auction
closed, and were able to extend the auction time
for domains that were still receiving bids in the
last five minutes of the auction. Throughout the
auction bids were |
high
and consistent, and in the end this GreatDomains
auction resulted in higher than average bids
and sales volume, easily beating the
numbers from our September auction. Close
inspection of the bid logs also reveals that the
number of bids in the last few minutes of the
auction is consistent with our other GreatDomains
auction events."
Ms.
Del Carpini provided us with some examples of
auctions that received bids in the last five
minutes and remained open for additional bidding
as the system is designed to allow them to do: Delusional.com,
Casinos.de
and XAI.com. |
In
addition, Ms. Del Carpini provided us with these
statistics comparing the results from the October
auction that closed Thursday with those from the
previous month's auction (one that Ms, Del Carpini said
also had higher quality inventory overall):
October
Auction:
Item
|
Amount
|
Total Number
of Domains
|
135
|
Number of
Domains sold (=reserve met)
|
84
|
Sold (%)
|
62.22%
|
Sales Value
(USD)
|
227,396.67
|
Sales Value (EUR)
|
151,597.77
|
Sales Value (GBP)
|
137,241.46
|
Avg. Price (USD)
|
2,707.10
|
Avg. Price (EUR)
|
1,804.74
|
Avg. Price (GBP)
|
1,633.83
|
Total number
of bids
|
1463
|
Avg. bids per
auction
|
10.84
|
Total
number of different bidders
|
213
|
Total
number of different bidder countries
|
39
|
Total
number of different buyers
|
45
|
September
Auction:
Item
|
Amount
|
Total Number
of Domains
|
138
|
Number of
Domains sold (=reserve met)
|
62
|
Sold (%)
|
44.93%
|
Sales Value
(USD)
|
203,318.87
|
Sales Value (EUR)
|
137,675.28
|
Sales Value (GBP)
|
125,374.05
|
Avg. Price (USD)
|
3,279.34
|
Avg. Price (EUR)
|
2,220.57
|
Avg. Price (GBP)
|
2,022.16
|
Total number
of bids
|
1302
|
Avg. bids per
auction
|
9.43
|
Total
number of different bidders
|
264
|
Total
number of different bidder countries
|
38
|
Total
number of different buyers
|
53
|
Ms.
Del Carpini also noted, "We have invested heavily
in a robust IT infrastructure that can handle high
traffic, even during multiple auction events. As
mentioned in our earlier statement, we also protect
ourselves with a third party solution that worked with
us to minimize downtime and successfully fight the DDOS
attacks."
One
other note today, George Kirikos
announced in a thread at the DomainState.com
forum that he has resigned from ICANN's
Business Constituency. Over the years
Kirikos has done a remarkable
job of examining what ICANN does and holding
them publicly accountable for their actions.
Some of the issues he brought to light helped
stop or alter policies that would have cost
domain registrants an untold amount of money had
they sailed through uncontested.
Kirikos
detailed his reasons for resigning in a letter
posted on ICANN's website Thursday
in which he noted, "The BC cannot
legitimately |
George
Kirikos |
represent
the views of businesses when it is captured,
top-down, anti-democratic, and actively
discourages participation." At DomainState,
Kirikos added, "I'll still keep an eye on
ICANN issues from time-to-time, albeit from
afar. Others might want to pay closer attention,
though." |
|
|
Nearly
Half of America's Newspaper Reporters Want Their
Companies to Speed Up The Transition from Print to the
Web The
Media Management Center (MMC) at Northwestern University
has
released an interesting and surprising study that found
there isn't nearly as much resistance among print
reporters to moving online as many thought. The report
called "Life
Beyond Print: Newspaper Journalists' Digital Appetite"
was analyzed by MediaPost's Jack Loechner in a column
he posted today. Loechner noted, "The study found
that almost half of today's newspaper journalists think
their newsroom's transition from print to digital is
moving too slowly, as they have no trouble
envisioning a career where news is delivered
primarily online and to mobile devices instead of in
print." |
MMC
executive director Michael P. Smith said in the
report that "For several years we have heard that it
is the journalists' resistance to change that was
holding newspapers back... this study shows that they are
ready, and some are even impatient, for change."
Unfortunately the owners of many newspapers have not been
equally motivated even though they have now spent years
watching online eat their lunch.
|
|
The study of
almost 3,800 newsrooms employees found that many of them
are heavily engaged in digital activities in their
personal lives and fully understand the advantages of
digital delivery. While the common perception is that
print reporters are hostile to online media, the report
says that only 20% of the newspaper workforce said
they like things the way they are or yearn for "the
good old days."
|
Loechner
wrote that half of newsroom workers say they want to do
"Moderately More" online, arriving at something
closer to an equal split with their print efforts. 11%
of the workers said they wanted to see a the "Major
Shift" and that they would "devote five times
their current effort to online if given their
druthers."
Desipte all of the turmoil in
the newspaper industry, 77% of journalists said
they are somewhat or very satisfied with their current
jobs. 67% think it somewhat or very likely they
will still be in the news business two years from now and 59%
think they'll likely be with their same newspaper. The
flip side of the latter question is that 41% of
today's newspaper reporter don't think they will still be
with their current employer just two years from now. With
respect to the historic upheaval the web has created in
traditional media, that is the most telling statistic in
the report to me.
|
One other note today,
WhyPark.com
is organizing a unique charity
domain auction that will run December
7th to December 11th. They are looking
for high-quality com/net/org domain
submissions for the event before the November
6 submission deadline. Approximately 50
domains will be chosen from the submissions
and all |
domains will start
with no reserve. At the close of the
auction, the single highest bid from all
auctions will be able to choose the charity
to receive all net proceeds from the
names sold. WhyPark said they will still ensure
the single charity that benefits is a neutral,
socially-responsible, respected charity and noted
"It's an extra incentive to open your wallets
a bit more while bidding on great quality domain
names." |
|
|
Countdown
to T.R.A.F.F.I.C. New York - the Last Conference That
Will Feature Two Competing Live Auctions T.R.A.F.F.I.C.
New York
gets underway Monday evening (Oct. 26) at the Brooklyn
Bridge Marriott. This will be the last show in the
series to feature multiple live domain auctions
(starting in 2010, Rick
Latona Auctions will be the live auction
provider for T.R.A.F.F.I.C. conferences). Both Latona
(starting at 4:30pm Eastern time Tuesday)
and Moniker.com
(beginning at 4pm Eastern on Wednesday)
will be running live sales in New York and both have
catalogs loaded with gems for their events. |
Moniker's
list got a further boost today when it was announced that Neustar,
the .biz registry, is putting some one and two
character domains into their auction. The live event will
feature i.biz, NY.biz, OK.biz, EZ.biz
and HD.biz and Moniker's silent online auction that
will run for a week after the live sale will have TX.biz,
HI.biz, HA.biz, UR.biz, LO.biz
and KC.biz on the block. You'll
recall that Nesutar partnered with Sedo to auction
off a group of one-character domains last
month and that sale went better than many
expected - pulling in over $360,000 for 31 domains.
With the Big Apple as its stage, this sale should do well
too, especially since the names are going to be auctioned
off with no reserve.
|
|
Almost all
new extensions since the original launch of .com, .net
and .org have struggled to build recognition. I
think that Neustar's strategy of using some of their high
profile one and two character domains to draw interest
to the extension is a smart, cost effective way to
promote the TLD. With luck, some of the buyers of these
domains will develop them into real businesses (as Overstock
plans to do with O.biz). If that happens, these
seeds that Neustar is planting now could bear some very
nice fruit a couple of years down the road. Real world
use of new extensions is the best (actually probably
the only) hope any of them have to break into the
public's consciousness. Neustar
operates another extension, America's official
country code, .us, that I have always felt has
great potential. If their .biz gambit works, I would
expect them to try something similar (along with
additional novel strategies) in an effort to light a fire
under .us. Domain owners with an interest in a particular
extension will have to do their part too by
building out some of their non .com domains or getting
then into the hands of someone else who will.
|
|
Video
from Local Comedian Drives New Traffic to Chicago.com,
Afilias Offers Cash Prizes to the Best .Info Developers
& Our Thoughts on the Demise of AEIOU.com |
Yesterday
I told you about
progress
being made by a number of domain owners who are developing
full scale business websites. There is more on that front
today. Associated
Cities Co-Founder Josh Metnick dropped
me a note today to let me know about a new twist at his
marquee property - Chicago.com,
that is driving a lot of new traffic to the site.
Chicago.com enlisted popular local comedian Vinnie
Rapponi to do a special video for the site's home
page extolling some of the Windy City's most
beloved restaurants and hotspots. With the success of this
new feature, Metnick said he expects video to be a big
part of Chicago.com's evolution.
|
Comedian
Vinnie Rapponi
is drawing a crowd to Chicago.com
|
If
you happen to have a developed .info
website, you may want to enter the 2009 .Info
Awards contest
that the .info registry, Afilias, currently
has underway. A 6-person panel of judges was
chosen today to select the best submitted .info
website with the winner to be awarded a cool $7,500!
The runner-up will get $5,000 and the third
place finisher pockets $3,000. |
|
The
panel will review all eligible sites submitted for
consideration based on five criteria: presentation
of content, functionality of the website, design,
usability, and originality. Their scores will
determine a shortlist of the top ten submissions,
which will be published |
at www.info-award.info
on November 2nd. From November
2-6, the public will be invited to vote on
the sites selected by the judges. Public votes
will be combined with the judges scores to select
the top three Award winners. If you want to enter
you will have to hurry, the deadline for submissions
is 11:59 p.m. (U.S. Eastern time) Friday,
October 23.
Those who
have been trying out mini-site development
lost a key service provider yesterday when
Rick Latona's AEIOU.com announced
they were exiting the business. Latona,
who runs many other domain related
companies, decided his time could be
better spent on enterprises |
other than
the low margin mass development business.
Some have speculated that Latona's move
indicates that mini-site services in
general are already becoming passé.
I think it is much too early to write the
sector off though, especially if you are
willing to apply some elbow grease
yourself to keep an initial mini-site
moving forward with fresh content. |
|
Any site will quickly
die on the vine if a few pages are thrown
on the web and never changed. I haven't used any
of the minisite services yet but if I do in the
future I would go in with a plan to let the
service do the basic site and then start building
on the foundation they provide. If you find a
service whose design work you like, that alone
could save you a ton of time en route to a fully
developed site and, time being money, that
alone could represent a good return on your
investment.
If you are looking
for a good .de domain (German ccTLD)
to build on, you may be able to land one later
this week when DENIC (operators of the .de
registry) opens the extension up to one, two and
three character domains Friday (Oct. 23) at
9am Central European Time.
|
Sedo is
already working with registrar partners to
let you enter pre-bids on domains
you want through 12 Noon U.S. Eastern
Time Thursday (Oct. 22). When the
registration period opens Friday, Sedo’s
registrar partners will place bids on your
behalf if you win the domain in
their |
Pre-Auction.
If they are unable to register the domain
right away, their brokerage team will use
your winning bid to try to buy the domain
from the successful registrant. You can
get all of the details on the process here.
Speaking
of Sedo, we just published our comprehensive
review of the 2009
SedoPro Partner Forum
conference that was held at the Waldorf
Astoria's Casa Marina Resort
in Key West, Florida
October 7-9. The article contains
many previously unpublished photos
and meeting details that we didn't
have time to bring you in the
daily updates from the conference
that were posted in this column.
This
was the 4th annual event in the
Partner Forum series which
alternates each year between the United
States and Europe. |
|
|
|
|
|
Domain
Owners Who Have Gone Down the Development Path Report
Continuing Expansion of Their Enterprises More
and more domain owners
are
taking the plunge into website development, a
path that offers a chance to end dependence on Google
and Yahoo (for PPC revenue) and gain
control of their own financial destinies. Development
(like any other business strategy) certainly comes with
no guarantee of success, but with a good domain name,
hard work and the right niche, it is possible to earn
a return that dwarfs any other monetization
option currently available to domain owners. |
A
number of domain portfolio owners have been on the
development path for some time now and it is encouraging
to get reports back from them as their websites gain
traction and make major advances. For example, Warren
Royal (who was the subject of our December
2008 Cover Story) just scored a major coup for
RoyalBobbles.com
(an offshoot of his flagship development - Bobbleheads.com)
that focuses on manufacturing premium bobblehead dolls
that are sold through dealers, museums, gift shops, and
online web stores.
The
estate of Dr. Martin Luther King has given Royal
Bobbles LLC the right to produce and sell an
officially licensed Bobblehead commemorating the late
civil rights leader. Royal said this oversized,
limited-edition model will be of the highest possible
quality and will be sold at the King Center in
Atlanta, as well as in museums, gift shops, and
through online web stores, like Bobbleheads.com. The
target date for release is Dr. King's next birthday - January
18, 2010.
|
Warren
Royal
Bobbleheads.com
|
The
licensing agreement also provides Royal Bobbles with
permission to use copyrighted material owned by the
estate, such as images, speeches, and
recordings, in the packaging, promotion, and advertising
of the product.
|
|
Bruce
Marler is another domain portfolio
owner who is continuing to expand his development
efforts. After making a splash with his statewide
network at Missouri.me,
Marler will officially launch Oklahoma.me
this week. The new site will follow the successful
strategy Marler has employed with Missouri.me (see
our July
30 Lowdown post for more on
that). |
|
A lot of domain
owners focus their development efforts on websites
that serve the domain industry. Mike Cohen
just debuted a new service over the weekend at DomainStryker.com
that |
|
falls into that
category. The site says "There are millions
of domains expiring each month, however only a
tiny fraction of them are valuable and worth
re-registering. We monitor tens of thousands of
those auctioned off domains daily, analyzing 60+
variables for each and every domain and then
re-publish an exclusive filtered list."
The site, currently in beta, adds that lists from SnapNames,
NameJet and GoDaddy will be
available free until DomainStryker competes
beta testing and moves to a membership model. |
Of
course the biggest conundrum that owners of large
scale portfolios face is how to economically
develop hundreds or even thousands of domains at
once. A successful method for |
doing that remains
something of a "holy grail" for the
industry and many companies are actively involved
in finding a solution. The CEO of a major
industry conglomerate told me they will be
announcing a new service aimed at filling that
need at the T.R.A.F.F.I.C.
New York conference next week.
Rob Monster's Epik.com
is another company that believes it could be on
the verge of solving the puzzle. Monster has made
several acquisitions in the process of building
his model - the most recent being drop catching
service JustDropped.com.
Over the weekend, Monster published a very
interesting post on his blog
describing how JustDropped fits into Epik's
strategy. He went on to detail how the company is
going about the task of making capital-efficient
domain development a reality at a time when the
general economy is struggling to escape a
debilitating recession. |
Rob
Monster
Epik.com |
On other note
today, Luxembourg-based Domain
Invest (DI SA) announced that it has
successfully closed a €10.2 million financing
round. BIP Investment Partners and Société
Nationale de Crédit et d’Investissement (SNCI)
participated for an amount of €2.5 million each.
Businessmen from the European media and finance industries
also significantly contributed to the financing of the
company, investing another €5.2 million. Markus
Schnermann, Co-Managing Director of Domain
Invest said “Thanks to this fundraising, we are becoming
the major European player in domain name monetization and
our main priority is to keep expanding and offering our
services on a larger scale."
|
|
The business model
for the company chaired by Xavier Buck is
based on the acquisition, monetization and resale
of domain names. Co-Managing Director Frederick
Schiwek said, “In |
less than one year of
operativity, we have acquired great portfolios
already performing an EBITDA more than 30%
the net revenues; we are expecting to increase
this result significantly in the coming
years." |
|
|
Final
Agenda Released For This Month's T.R.A.F.F.I.C.
Conference in New York + Additional News Tidbits to Tide
You Over This Weekend |
Organizers
of the T.R.A.F.F.I.C.
New York conference
coming
up October 26-29 at the Brooklyn Bridge Marriott
have released the final
agenda for the event. It is shaping up to be
another excellent show. We covered a lot of the highlights
in a conference
preview interview with T.R.A.F.F.I.C.
Co-Founders Rick Schwartz and Howard Neu,
but some additional features have been added since our
conversation was published.
I
think a Wednesday morning (Oct. 28) session, "Inside
the Candy.com Deal as seen by the End User"
will be particularly interesting as it will feature Candy.com
executives Greg Balestrieri and Joe Melville
(of the Melville Candy Company) explaining why they
felt it was worth ponying up $3 million to buy Candy.com
from Schwartz. It will be especially interesting to hear
from them how owning that category killing domain has
impacted their confectionary business.
|
|
Lana
Del Rey
(Elizabeth Grant) |
My favorite thing
about T.R.A.F.F.I.C. is always the opportunity to
see old friends in person again, as well as make
new ones during the course of the week. Rob
Grant dropped me a note today to say
he would be there, but the main reason for his
message was to let me know that his daughter,
recording artist Elizabeth Grant (whom many
T.R.A.F.F.I.C. veterans met at the Orlando
show in 2008), has been chosen by Keds
Shoes to serve as a spokesperson for a new
line of celebrity shoes. Using her stage name, Lana Del Rey, Lizzy is featured in a new
video that is a key part of the
campaign. This very cool video features a clip
from Lizzy's single "Yayo" that is also
available at iTunes. |
Another
item with a T.R.A.F.F.I.C. connection that crossed
my desk this week was Danny Pryor of the
Rodan
Media Group announcing the launch of
their new social networking website at MyGiftwire.com.
Danny was the designer of most versions of the
T.R.A.F.F.I.C. website prior to this year.
MyGiftWire.com lets users tell their friends what
gifts they want for birthdays, holidays,
anniversaries or any other special occasion.
One other
note from our People file - Joe Alagna,
the long time General Manager of North
American Markets for Centralnic,
Ltd., is celebrating the birth
yesterday of his first grandchild.
Beautiful baby girl Aurelli Chen Mei
Alagna weighed in at 7 lbs. 8 oz. and
19 inches long. She is the new daughter of
Joe's son Anthony and
daughter-in-law Stephanie. Both mom
and baby are doing great. More photos have
been posted on the Alagna Family's website.
Joe noted,
"I'm used to having lots of boys and
men around (three brothers, two sons - no
sisters, no daughters). This is going to
be fun! |
Joe
Alagna with his new granddaughter
Aurelli Chen Mei Alagna |
A
couple of other items to tell you about before we
head into the weekend. GoDaddy today
launched a new service at http://geo.godaddy.com
that is designed to help customers find available geo-targeted
domain names. When you search for names, you
can click on a map to bring up names from any
locality you are interested in (there is also a
search box that lets you specify the city you are
was to zero in on). For sellers, the new site
offers a slick new interface to help draw
attention to your domains. There are instructions
on the site detailing how to get your domains
listed.
Last
but not least, the folks at EVO
Media/DevHub.com are probably happy to
be heading home this weekend because the office
has been a lot noisier than usual. A cacophony
of hammering, sawing and other construction activity
is underway that will end up adding 1,000 square
feet to their downtown Seattle
offices.
Construction
under way to expand EVO Media/DevHub.com
offices in Seattle.
The
company is expanding its staff as well as it
space. They currently have openings for two more
skilled developers. If you an interest and believe
you have the necessary skills you can send
an email to [email protected]
with your resume, rough salary expectations, URLs
of cool things you've built or worked on and your
favorite thing in the world.
(Posted
Oct. 16,
2009) To refer others
to the
post above only you can use this URL:
http://www.dnjournal.com/archive/lowdown/2009/dailyposts/20091016.htm |
|
How
Rick Schwartz, Rick Latona, Monte Cahn, Michael Castello
& Aron Meystedt Really Made Their Money |
Over
the years I thought that I had come to know
a lot of people in the domain industry fairly well, but I
have just received a link to a shocking video that proves
you never really know the full story. I have always
assumed that T.R.A.F.F.I.C. Co-Founder Rick
Schwartz, his new T.R.A.F.F.I.C. partner and
all-around industry impresario Rick Latona, Moniker
CEO Monte Cahn, Michael Castello of the
famed Castello Brothers and quick rising newcomer Aron
Meystedt owed their success to domains. Now I learn
that much of their capital may have been derived from a
joint "moonlighting" venture. They say a
picture is worth a thousand words (so a video must be
worth 10,000), so rather than try to describe what I saw,
I'm going to put the video evidence on the public
record. You can watch
it here.
I
never reveal my sources but I will let you know that the
person who passed this information on to me revealed that
it was assembled by web designer/domainer Tia Wood.
If so, she deserves credit for bringing the truth to
light.
|
Now
you can see Rick Schwartz (above)
and four other well-known industry figures
in a way you have never seen them before.
|
P.S. I know
this kind of muckraking is a departure from our usual
style and I apologize in advance to Theo Develegas
of DomainGang.com
for this one-time infringement on his territory.
|
|
Castello
Brothers Join Fred Mercaldo To Launch Another Developed
Site at Manicure.com The
Castello
Brothers (Michael and David) and Fred
Mercaldo
have
joined forces to launch the Manicure.com
Beauty Network with Manicure.com as
the project's foundation. The Castello Brothers are
already known for their developed geodomain websites
(including PalmSprings.com and Nashville.com)
as well as developed category killing generic domains
like Whisky.com and Bullion.com. Mercaldo
also has a track record of success that includes Scottsdale.com. |
Michael
Castello of the Castello Cities Internet
Network, Inc. (CCIN)
said "My brother David and I are elated to be working
with Fred Mercaldo and his team on the Manicure.com Beauty
Network. Fred's brilliant success with his Scottsdale.com
geo network is indicative of the future the Manicure.com
Beauty Network will have as it evolves into the premier
industry network for nail care, hand care and all things
beautiful."
|
Michael
Castello & David Castello
Castello Cities Internet Network, Inc.
|
|
Fred
Mercaldo
|
Fred
Mercaldo noted "The decision to partner with
the Castello
Brothers to develop Manicure.com was a
natural for us, as we were already developing our
portfolio of 215 U.S. city nail salon domain
names such as ChicagoNailSalons.com, PhoenixNailSalons.com,
etc."
Mercaldo
added, "The manicure/nail salon industry is a multi-billion
dollar business and with the addition of
Manicure.com we now have our network of cities united
under one mega-brand. Whether an advertiser desires
to target a specific region and/or the entire
national and international market, we will be their
obvious marketing choice. We look forward to working
with the Castello Brothers and building the
Manicure.com Beauty Network into one of the major
e-commerce success stories of 2010." |
One
another note today, Moniker.com has released the
catalog for their live domain auction at T.R.A.F.F.I.C.
New York October 28th (the sale will run from 4:00-6:30pm
U.S. Eastern time). The list includes such gems as 40.com,
Bands.com, Fiction.com, FreeEstimates.com,
Photo.com, QB.com and Stage.com, to
name just a few. As
we told you last
night, Rick Latona Auctions has also
released the initial
catalog for their live auction October 27th
at T.R.A.F.F.I.C. New York. This will be the last
T.R.A.F.F.I.C. conference with multiple live auctions.
Rick Latona Auctions becomes the sole auction provider in
2010.
|
|
From
the Night Shift: More News About the Upcoming
T.R.A.F.F.I.C. New York Conference & Free Passes to
a Pair of of Appealing Webinars Sorry
for the late post today.
A
family member from the west coast (Diana's niece)
visited us a couple of weeks ago and borrowed one of our
cars. Unfortunately, en route to where she was going she
got involved in a 16-car pile-up and totaled our SUV.
Amazingly, no one was hurt and for that we are all very
thankful. After receiving the insurance settlement today
we spent the entire day visiting various dealerships
before settling on a replacement - an Infiniti FX35 that
we finally returned home with tonight (many hours later
than I expected to be back). Glad I don't have to go
through the tedious car buying process very
often! |
Many
bits of news and information came in while I was out
including two new announcements related to the T.R.A.F.F.I.C.
New York conference coming up later this month
(October 26-29 at the Brooklyn Bridge Marriott).
Rick Latona Auctions released the initial
catalog for their live domain auction that
will run from 4:30-7:00pm (U.S. Eastern time) on
Tuesday, October 27. They have put together a very
impressive list, including Bananas.com, Bourbon.com,
BroadwayShows.com, Dancing.com, GolfClubs.com,
Rio.com, SM.com and Tacoma.com to
name just a few.
Also,
T.R.A.F.F.I.C. organizers sent out an email offering a
special "night pass" for the New York
show that is available for $995 (half the rate of the
standard $1,995 registration fee). The night pass provides
entry to the Opening Night Cocktail Party, Rick Latona
Live Auction, Moniker.com Live Auction (plus free
cocktails at both auctions), the Exhibit Hall after 4PM,
and the official Skenzo Show Party at Touch
(including Limo transportation).
|
Marriott
at the Brooklyn Bridge
Site of T.R.A.F.F.I.C. New York 2009
|
Elsewhere, DomainSuccess.com
will be holding their latest webinar tomorrow (Wednesday,
Oct. 14) from 2:30-3:30pm. The special guest will be George
Pickering who will be talking about "Getting
Hitched On Domain Profitability." The site's
summary of the webinar says, "In a world where many domainers pursue domains first
– and the business elements often as an afterthought,
George Pickering flipped the model. A seasoned exec who
possesses a top-tier business pedigree, Pickering
approaches domaining with the acumen of running a Fortune
500. That’s because he’s helped drive numerous
Internet businesses to profitability. Now, he’s ready to
show you how to hone the business side of your domaining
business to boost your profitability." You can
reserve you free seat at the webinar
here.
|
|
Speaking of webinars,
BuyDomains.com continues their popular free
series with an October 22nd webinar on
"How to Price Domain Names.”
BuyDomains says "The webinar will cover the
strategies and tactics behind our proven pricing
methodology, optimized and perfected over our 10
year history of data driven domain valuation. |
Participants will
learn how to:
• Determination of domain pricing objectives
• Unlock the hidden brand value of domain names
• Avoid common domain sales missteps such as
pricing based upon traffic volumes or revenue
multiples
• Maximize your profits through proper
determination of Asking, Reserve and Floor prices
• Use of negotiation tactics designed to insure
“win/win” outcomes for both buyer and seller
• Enjoy domain sales results similar to those
reported each week by AfternicDLS"
The webinar will conclude with a question and
answer session. The event will run from 2:00-2:30pm
(U.S. Eastern time) on the 22nd. You can register
for the event here. |
|
|
CNN
Anchor Rick Sanchez to Deliver Keynote Address at
T.R.A.F.F.I.C. New York October 27 |
CNN
news anchor Rick Sanchez
has
been chosen to deliver the keynote address at the T.R.A.F.F.I.C.
New York conference October 27th (the
show runs Oct. 26-29 at the Brooklyn Bridge
Marriott). There is a connection between CNN and
T.R.A.F.F.I.C. Co-Founder Rick Schwartz who sold
the domain name iReport.com to the cable news
network for $750,000. In reference to that
transaction, Schwartz noted "It was a sale that could
be pointed to for many years to come by every domainer and
every time a domainer watched CNN and saw iReport.com it
would give them the fuel to keep going." Sanchez has
already decided to donate his fee for speaking to charity.
Yesterday,
we published an exclusive T.R.A.F.F.I.C.
New York preview featuring an in-depth
interview with Schwartz and fellow T.R.A.F.F.I.C.
Co-Founder Howard Neu. The wide ranging
conversation touched on a number of topics, including some
that reached beyond the bounds of the show itself - most
notably Schwartz's view of the general economy and how its
prospects will affect domain owners in the year ahead.
|
CNN
Anchor Rick Sanchez
will be the keynote speaker at
T.R.A.F.F.I.C. New York Oct. 27
|
In
another conference note, organizers of the 2010 Domainer
Mardi Gras show coming up in New Orleans
February 11-13, are reminding those interested in
attending the event that Wednesday (Oct. 15) is the
deadline to get the early bird admission price (as
low as $495). Starting Thursday, the cost to register
jumps to $895.
|
|
Another reminder for
domain auction fans - a nice group of names
related to money and finance will be featured in
the SnapNames
October Showcase Auction that gets
underway tomorrow (October 13) at 12
Noon Eastern time (9am Pacific). |
The
catalog includes Bankruptcy.net, DiscountRates.com,
EscrowAgents.com, OnlineMortgage.com,
ProfitSharing.com and Silver.net to
name just a few. You can check out the entire
catalog here.
The three-day event ends Thursday (Oct. 15)
at 3:15pm Eastern time (12:15pm Pacific). |
|
|
Photos
and Highlights from the Final 24 Hours at the SedoPro
Partners Forum in Key West, Florida The
4th annual SedoPro Partners Forum
ended
at the Casa Marina Resort in Key West, Florida
Friday afternoon (Oct. 9). Our last post brought you up
to date on meeting highlights through Thursday
afternoon. That evening guests were treated to a gourmet
dinner on the waterfront deck of one of Key West's most
popular restaurants - The Strip House. Eric
Sundberg (left) and Sedo Co-Founder Ulrich
Priesner chat
during the Thursday night dinner at The Strip House
restaurant in Key West. After
dinner, everyone headed to the grand ballroom at the
Casa Marina Resort for a 1920's themed gala complete
with flapper girls and a great live band. Above:
A scene from the Thursday night gala during the SedoPro
Partners Forum.
Two photos blow: Guests enjoy the show before hitting
the dance floor themselves. Knowing
that the gala would keep everyone up late Thursday
night, the final business session of the conference
wasn't scheduled until 10:30am Friday. That 90-minute
panel discussion on The DNA of TLDs was
moderated by Sedo's COO & General Counsel Jeremiah
Johnston and featured (left
to right in the photo below) Andrew Allemann (DomainNameWire.com),
Ron Jackson (DNJournal.com), Jeremiah Johnston,
Lance Wolak (.Org registry) and Ken Hansen
(.Biz registry). The
wide ranging discussion touched on a number of areas,
including ICANN's plans to roll out an unlimited
number of new gTLDs. I'll have details on this
session (and the others conducted during the conference)
in a comprehensive show review article that we will be
publishing next week. After
the closing session, the curtain came down on the
SedoPro Partners Forum with a farewell buffet luncheon
on the beach. Early
arrivals at the farewell luncheon Friday staked out the
shadiest positions
in this picture postcard setting on a 90-degree day in Key
West. Just
as its predecessors did, this SedoPro Partners Forum
drew high praise from attendees. The annual event
alternates between Europe and the U.S. so
it will return to the other side of the Atlantic
in 2010. Sedo invites its customers to send in their
suggestions on where the next edition should be
held. |
|
Photos
& Highlights from Wednesday Night and Thursday
Morning at the SedoPro Partners Forum in Key West The
annual SedoPro Partners Forum
opened
last night (Wed. Oct. 7) at the Casa Marina Resort
in Key West, Florida with a cocktail party and
buffet dinner served on the beach. Sedo Co-Founder and
CEO Tim Schumacher welcomed Sedo's guests and in
his opening comments Schumacher noted that he was optimistic
about the direction the domain business is headed now, a
sentiment he said he didn't hold a year ago when the
general economy entered a historic financial
crisis. Schumacher
also took the opportunity to express the company's
support for The Water School, a charity project
strongly supported by a domain industry group headed by Gregg
McNair (International Director of Strata
PPX Services) that we told you about in July.
McNair helmed a group of 18 industry leaders who just
returned from Kenya where they got a first hand
look at The Water School's efforts to eliminate
waterborne diseases in Africa. Sedo's support
came in the form of a much appreciated $4,500
check that Schumacher presented to McNair last night. Gregg
McNair (left) receiving a $4,500 donation
from Sedo CEO Tim Schumacher
last night at the SedoPro Partner Forum in Key
West, Florida. After
Schumacher's talk, attendees were treated to a buffet
dinner on the spectacular beach at the Casa Marina
Resort. Above:
Guests check out the buffet at the SedoPro Partners
Forum opening night dinner.
Below: Attendees dined at tables that were set up
directly on the beach. The
dinner was capped off by an interesting keynote panel
featuring Hotels.com founder Bob Diener
(now the Executive Administrator of GetARoom.com),
Sedo Director of Sales Kathy Nielsen and Sedo
Senior Broker Tessa Holcomb. (L
to R above) Sedo's Kathy Nielsen, keynote speaker
Bob Diener and Sedo's Tessa Holcomb. As
part of the contract agreement when his company sold Hotel.com
and Hotels.com in late 2003, Diener accepted a
five-year non-compete clause. Once that expired he
decided to re-enter the travel business and called on
Sedo to help him secure a memorable domain name. Holcomb
brokered his eventual purchase of GetARoom.com
for $30,000. Diener presented an end user's
perspective on the importance of a good domain name,
noting "If a name stands out in the marketplace, it
costs you a lot less to market." After the
keynote session, people stayed on the beach chatting
until almost midnight. The
conference resumed this morning with a pair of
presentations from Sedo Co-Founders and executives. In
the opener, Co-Founders Ulrich Essman and Ulrich
Priesner detailed Sedo's One-Stop Shop Product
Solutions. Sedo
Co-Founders Ulrich Essman (left) and Ulrich
Priesner conducting the opening
seminar at the SedoPro Partners Forum in Key
West, Florida this morning (Thur. Oct. 8). Part
of the audience at this morning's business sessions. Next
up was a session titled Sedo: The Future
& You, conducted by Sedo CEO &
Co-Founder Tim Schumacher and Sedo's COO &
General Counsel Jeremiah Johnston. Sedo
CEO Tim Schumacher & COO/General Counsel Jeremiah
Johnston
at this morning's second business session. I'll
have the details on what was covered in both of today's
business sessions in a comprehensive wrap-up article on
the conference that we will be publishing next week.
After the the morning presentations, everyone returned
to the beach for a waterfront luncheon on a beautiful
day in Key West. Scene
from today's
luncheon on the beach in Key West. As
I write this, attendees are enjoying a variety of fun in
the sun afternoon activities including Waverunner rides,
snorkeling, biking or just sunning by the pool or
napping in a hammock. This evening the event continues
with a 7pm dinner at one of Key West's best restaurants,
The Strip House, followed by a 1920's themed gala with
live entertainment and dancing back at the Casa Marina's
Grand Ballroom that is scheduled to run from 9pm-1am. The
conference concludes tomorrow with a morning panel
discussion called The DNA of TLDs that
will be moderated by Jeremiah Johnston. The four
panelists will be registry representatives Lance
Wolak (.Org) and Ken Hansen (.Biz), plus
media representatives Andrew Allemann (Domain Name
Wire) and myself. After our session, a farewell
luncheon on the beach will bring the 2009 SedoPro
Partners Forum to a close. I
will have photos and highlights from the events
scheduled tonight and tomorrow morning in a final post
from south Florida tomorrow evening. I'll put that
together when we stop in Miami for the night en route
back home to Tampa. |
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4th
Annual SedoPro Partners Forum Opens at the Casa Marina
Resort in Key West, Florida I
just arrived in Key West, Florida
where
the 4th annual SedoPro
Partners Forum gets underway this evening
with a cocktail hour and dinner on the beach. The
meeting runs through Friday at the Waldorf Astoria's
Casa Marina Resort. To set the stage for you, below
are some photos from the conference venue that I snapped
upon arrival this afternoon. The
Casa Marina Resort in Key West, Florida where
the SedoPro Partner Forum is
being held held today through Friday (October 7-9). The
view above shows the hotel
from the walkway returning from the beach. The view
below is the opposite direction,
looking down the hotel walkway to the water. At
the end of the walkway you come to the Casa Marina's
white sand beach below. Sedo
CEO Tim Schumacher will deliver welcoming
comments at tonight's dinner that will also feature a
keynote address. The business portion of the conference
gets underway tomorrow morning with a pair of sessions
in the hotel ballroom. Thursday afternoon and evening
will be devoted to recreational activities and social
events. The conference concludes Friday with a morning
panel session that I will be part of, followed by a
closing luncheon on the beach. The
weather in Key West is beautiful - though a little on
the warm side. It is expected to be a near record 90
degrees every day this week. Tomorrow I'll have photos
and highlights from tonight's opening activities and the
Thursday morning business seminars for you. |
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Editor's
Note: I am traveling today, en route to Key
West, Florida where the SedoPro Partner Forum begins
tomorrow. I will have daily posts from Key West starting late
Wednesday.
(Posted
Oct. 6,
2009)
Despite
the Recession, Third Quarter Domain Sales Equal Year Ago
Levels and Rise 15% From the Previous Quarter I've
been scrambling today,
getting the decks cleared before heading out in the
morning for Key West, Florida where the SedoPro
Parner Forum will be held later this week at
the Casa Marina Resort. The event, that runs
Wednesday through Friday, returns to the U.S. for the
first time since the summer of 2007 when it was held at
the Mohonk Mountain Resort in New York state.
People who were there still buzz about that
event and I'm sure this one will be
something special as well. The meeting begins Wednesday
evening and I'll have daily highlights for you in this
column. |
Before
leaving I had to put the finishing touches on our latest
free monthly newsletter that goes out to opt-in
subscribers (it is also available online
now). The lead item in the newsletter is a breakdown of
domain sales for the just concluded 3rd quarter of 2009.
As we went through the summer months that comprised the
third quarter, I had the feeling that despite the
obstacles presented by the current recession, aftermarket
sales (unlike PPC revenue streams) was managing to hold
their own. When I ran the numbers today they confirmed
that gut feeling.
In
addition to matching reporting sales from the same quarter
a year ago, 3Q sales enjoyed a double digit rise from the
previous quarter this year. In the 2nd
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The
domain aftermarket overcame recession obstacles in 3Q-2009
to match last year's 3Q performance.
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quarter
of 2009 a total of $21,108,655 in domain sales were
reported to us. In the just concluded 3rd quarter, that
number rose to $24,361,644 - an increase of 15.4%.
That
$24,361,644 for 3Q-2009 is almost identical to the total
for 3Q-2008 which came in at $24,542,784, a year
over year decline of less than 1%. Keep in mind
that most of last year's third quarter played out before
news hit in late September 2008 that the world was facing
a historic financial crisis. Just about all
markets have been trying to overcome a reluctance on the
part of consumers to spend money ever since so I believe
that equalling the '08 figure in today's environment is a
positive sign.
That
is not to say that things are completely back to normal of
course. While the total sales volume for 3Q-2009 equaled
the same quarter in 2008, we did see a slight slippage in
the median price paid for domains (the median is
the point at which half of all reported sales were higher
and half were lower). In 2Q-2008, the median price is our
database was $2,788. In 3Q-2009, the median was down
8% to $2,563. That indicates that overall,
buyers are paying a bit less per domain than a year ago.
You
can see more sales data details in our newsletter
including a year-to-date comparison of sales for the first
three quarters of this years versus the first three of
2008.
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Photos
and Highlights from the 2009 MeetDomainers Conference in
Warsaw, Poland The
2nd Annual MeetDomainers
Conference
concluded
at the Marriott in Warsaw, Poland Sunday
(September 27). We've just received some photos
from the three-day show for European domainers, courtesy
of conference founder Daniel Dryzek. The event
got underway on Friday (Sept. 25) with welcoming
comments from Dryzek followed by a seminar on legal
matters. Part
of the crowd at a MeetDomainers 2009 opening
day seminar on legal affairs. The
afternoon session then kicked off with a speed
networking session - always one of the most popular
attractions at any conference. Scene
from the opening day speed networking session at MeetDomainers
2009 in Warsaw Next
on the agenda was a session covering registrars and
registries in Poland and around the world. Dryzek
moderated a panel that included (left to right in the
photo below) Ken Hansen (Neustar), Adam Wagner (EuroDNS),
Michau Pleban (Aftermarket.pl) and Daniel
Kotyras (NetArt). After
a lunch break, the opening day of business concluded
with a live domain auction that generated close
to €80,000 ($116,800) in sales. 34 of the 60
domains that went up for bid changed hands. The biggest
sale was Lekarze.pl ("doctors" in
Polish), a Polish ccTLD that went for €33,750
($49,275). A complete list of auction results is
available here. Above:
scene from the MeetDomainers live domain auction
September 25 Below:
Auctioneer Krzysztof Konieczny conduction the sale Conference
founder Daniel Dryzek was among the bidders in
the live domain auction. The
Saturday (September 26) schedule was highlighted by four
seminars including the day's opening panel discussion
featuring a group of European domainers who shared their
experiences and opinions with the audience, while also
taking questions from the crowd. Above:
Leszek Sękowski (left) and Frederick
Schiwek (DomainInvest.lu) were panelists
for the opening session Saturday (Sept. 26) called
"Domainers Meet Domainers" EuroDNS
hosted the conference party at the Opera Club
Saturday night and the show concluded with a day of
social activities Sunday (Sept. 27), including a tour of
the city (complete with English speaking guides). Ken
Hansen of Neustar (left) came from the U.S.
to make some new friends in Poland. From
everything we have heard the event was very well
received by everyone who attended. Poland is a rapidly
growing market for domains and with the success of this
year's show, round three would appear to be a certainty
for 2010. |
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ICA
Legal Counsel Says New Agreement Between ICANN and the
U.S. Government Could Speed Up IDNs But Delay New gTLDs Internet
Commerce Associated Legal Counsel Phil Corwin
has
posted a letter
on the ICA website detailing how he thinks
yesterday's new Agreement of Commitments (AOC)
between ICANN and the U.S. Government will
affect several key issues of interest to the domain
industry. |
One of
Corwin's section headers said "New gTLDs Will Take
a Back Seat to IDNs." On that topic he wrote,
"The AOC conspicuously endorses the introduction of
non-Latin character International Domain Names (IDNs) at
country code TLDs (text in Italics is taken directly from
the AOC): DOC…endorses the rapid introduction
of internationalized country code top level domain names (ccTLDs),
provided related security, stability and resiliency issues
are first addressed.
Simultaneously, it gives tepid
non-endorsement to new gTLDs, first stating: Nothing
in this document is an expression of support by DOC of any
specific plan or proposal for the implementation of new
generic top level domain names (gTLDs) or is an expression
by DOC of a view that the potential consumer benefits of
new gTLDs outweigh the potential costs. And it later
adds this requirement: ICANN will ensure that as
it contemplates expanding
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Phil Corwin
ICA Legal Counsel
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the top-level domain
space, the various issues that are involved (including
competition, consumer protection, security, stability and
resiliency, malicious abuse issues, sovereignty concerns,
and rights protection) will be Adequately addressed prior
to implementation...
Corwin went on to say "The
very use of the word “contemplates” (and every word is
carefully negotiated in a document such as this) indicates
a stage of the new gTLD process far earlier than an
imminent opening of the application window in the first
quarter of 2010, as “contemplates” is generally
synonymous with “thinks about”. And the additional
verbiage indicates a belief that the introduction of
new gTLDs is not a foregone conclusion and that the Draft
Applicant Guidebook has not yet adequately addressed
these matters of concern."
Corwin added, "Given the
recent GAC (ICANN's Governmental Advisory
Committee) call for many additional studies prior
to the introduction of new gTLDs, and its resistance to
allowing for unlimited applications (see http://www.internetcommerce.org/GAC_to_ICANN_gTLDs),
it hardly seems likely that the newly empowered GAC will
give a green light to near-term opening of the new gTLD
application window."
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In other news, Oversee.net
has announced a partnership agreement with Dark
Blue Sea's Domain
Distribution Network (DDN) that it
says will significantly expand marketplace options
for aftermarket domain name buyers and sellers who
utilize Oversee’s SnapNames
and Moniker
services.
For
sellers the DDN agreement means those listing
names for sale at Moniker and SnapNames can opt in
for listing on DDN’s network of partner
registrars. Once listed, the seller is not
required to perform any manual tasks to complete
the sale. At the same time, sellers listing names
through DDN will have their names automatically
listed at Moniker’s registrar and on the
SnapNames aftermarket platform with a “buy it
now” price.
For
buyers DDN-listed names bring additional fresh
inventory to SnapNames and Moniker listings and
transactions are fully automated, with instant
transfer of the domain name.
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Both
companies hailed the agreement as a step in
attracting new customers from different
sectors of the economy to the domain name space.
Oversee.net CEO and President Jeff Kupietzky
said “Domain names are growing in value as an
asset class. Corporations, brand marketers,
individuals and investors now understand that
having the right domain name is essential for
value creation online. Our arrangement with DDN
will bring additional breadth to our
marketplace.”
While we are
on the subject of the Domain Distribution
Network, we want to wish the DDN's
Business Development Manager Jen
Sale well on her current trip
to the Sudan with the Door
of Hope charity organization.
They are there now filming a documentary
about devastation in the African nation
and what can be done to help spur
development there.
Jen wrote on
her blog, "I want to be a part of
something BIG. Special. Good. Inspiring. I
don’t want to be a taker in life. I want
to be better. I want to help people in
need, and I can. So I’m going to."
Anyone who has met Jen knows her "can
do" attitude well and you can bet
that she will do everything in her power
to help anyone she encounters in need.
Door of Hope
is a child-focused, non government
organization established to help alleviate the suffering caused by
poverty in developing nations. They do
that by supporting projects that preserve, improve and sustain the quality of life of children in their communities. |
Jen
Sale |
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