Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson.
.CO
Gets Off to a Fast Start - O.CO Sells for $350,000 and
Total Registrations Pass the 100,000 Mark Within 30
Minutes of Launch
The
.CO extensionopened
for public registration this afternoon (at 2pm
U.S. Eastern time) and the re-launched TLD
(officially the country code for Colombia,
but now available to anyone worldwide) got off
to a blazing start. In the months leading
up to the start of general
registration
39,000 .CO domains had been taken during
the Sunrise and Land Rush periods, however
within 30 minutes of today's open registration
launch, the total number of .CO domains taken
had soared past the 100,000 mark and they
were still going strong as of this writing.
The
extension also got a major boost when it was announced
that Overstock
had purchased the rights to O.CO from the
registry for a whopping $350,000. While
that is a very nice chunk of change, the
registry should receive even more value from
having a USA
Today Internet 50 Index company
putting a high profile .CO domain into everyday
use. Corporate adoption and promotion is the
real key to success for any extension that wants
to achieve widespread public recognition.
While
no registry has the resources to make their
extension a household name on their own, the .CO
Registry has done a phenomenal job
of putting .CO on the radar of everyone
in the domain business, as well as a significant
number of people in the business world at large.
Their marketing team, led by registry CEO Juan
Diego Calle and Director of Marketing Lori
Anne Wardi has been working around the clock
for the past few months to keep .CO at the
center of industry conversation. With many new
extensions expected to launch in the years
ahead, I think you'll see a lot of new registry
operators use their playbook in an effort
to break through the TLD clutter.
.CO
certainly got Overstock's attention. Their
Chairman and CEO Patrick
Byrne said "In the new era of
the Internet, where short and memorable web
addresses are critical for capturing the
attention of mobile and socially connected
Internet users, our O.CO web address will
help to reinforce our brand and expand our
business among these audiences." By the
way, for the very interesting back story on the
Overstock - .CO connection, check out Michael
Berkens' account of how it
germinated at a cocktail party during the recent
ICANN meeting in Brussels (with
Michael himself playing an important
role).
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