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May 15, 2013

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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.

Companies in the News:  NameMedia's BuyDomains.com, Sedo & Hilco IP Auctions

NameMedia's popular domain aftermarket platform, BuyDomains.com, has been given a stylish new makeover that debuted today. A company spokesman told us the new site was designed to provide a clean, simplified, and improved user experience for domain buyers.

Dan Vescuso said, "We've enhanced our search capabilities, and our new filtering interface makes refining your search results quick and easy. The new site design is optimized for mobile and tablet users as well, so you can find and buy domains easily on-the-go.  Additionally, the shopping cart process has been simplified, getting buyers their domains faster."

With an eye on end users, the new site also does a good job of explaining the value of a good domain to any enterprise - an emphasis that can only help sellers who list on the BuyDomains platform.

Elsewhere, Sedo issued their latest quarterly report (.pdf file) Tuesday covering business in the opening quarter of 2013 at the domain services giant. The Sedo Holding Group reported that its  revenue grew by 7.3% during Q1-2013 to €36.9 million (compared to €34.4 million in the same quarter a year ago). The growth was driven by the Affiliate Marketing segment that jumped 14.7% year over year.

The Domain Marketing segment (domain sales and parking) didn't fare as with revenue falling 14.1% from the same quarter a year ago. Sedo said that division was challenged by a falling market and growing competition fueled by "new and price-aggressive providers."  Even so, the number of domains on the Sedo platform rose from 14.9 million a year ago to 16.6 million in Q1-2013. 

One other note today - Hilco Streambank announced the addition of several new domain names and trademarks to the upcoming online auction we told you about a couple of weeks ago (the sale will take place on May 20 through May 22, 2013).

Tweeter.com and TWTR.com are among the domains that have been added to a catalog that already included Bargain.com, ETM.com, VirtualMall.com and many others.

(Posted May 15, 2013)

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