Dicker
is the man behind High Impact Sites, Inc., a company that
owns thousands of high-profile domains and operates a number of
active websites including DNForum.com,
the thriving online community visited daily by hundreds of domain
fanatics.
Casual
surfers who know nothing about this industry still come into
regular contact with Dicker�s company when they type in generic
names and land on the highly profitable PPC (pay per click)
pages he operates. He attracts them with a wide variety of topics
through domains like Penpals.com, Planets.com, Witchcraft.com,
FirePrevention.com, SM.com and Download.net to
name just a few.
In
this business, domains like that always make one wonder who a guy
is, where he came from and how he got his hands on those names!
Dicker was born in Toronto on Sept. 13, 1965 and has spent
his entire life in the bustling Canadian metropolis. His dad has
been successful dealing in Toronto real estate for the past 50 years
and now helps Adam with his virtual real estate business on a daily basis.
They
make a great team, as do Adam and his wife Wendy who met in
1993 when they bumped into each other at a local restaurant. That
union has produced four children each spaced just two years apart; Jordan
9, Corey 7, Julie 5 and Amanda 3. Dicker
told us, "My wife is great because she puts up with me and at
the end of the day it�s her and those kids that I am working
for!�
Dicker
got serious about a business career in 1990 when he opened his own
computer company. He gave it the old college try but it was tough
sledding, especially when computer hardware became a commodity
product with profit margins barely reaching 10%. Fortunately the
Internet started entering public consciousness at just the right
time for Dicker. He discovered that providing internet service was a
much more lucrative field so he set up his own ISP. That
clicked and everything was hunky dory until technology, as it always
does, threw him another curve.
People wanted faster access and dialup operators like Dicker
soon found themselves staring down the barrel of a broadband gun
wielded by the local cable company. Dicker decided it was time again
to move on.
Though
he had bought his first domain in 1996, he didn�t get serious
about them until someone gave him a tip that would put him on the
fast track. �I never really knew the potential of the industry
until I tried to buy some high end names and was referred to DNForum.com
so I could learn about the industry,� Dicker recalls. �At first
I was a newbie like most that start in this business but I quickly
learned how to turn this into a profitable business, mostly with the
help of the members at the forum.�
That
learning process turned out to be the thing Dicker liked better than
anything else about the domain business. �I�ve always loved
learning something new every day. That is why I got into computers
in the first place,� Dicker said. �My mind has to stay active
all the time and there is no better feeling than the feeling of
accomplishment when you learn something new that you can apply to a
business you love and still earn a living. The domain industry is
just that. Each day I try to teach myself something new and
that is the biggest appeal to me about this industry.�
Dicker
proved to a be a quick learner and a tireless worker. He plowed
domain profits back into his business and in just a few short years
High Impact Sites has become a force in the industry. �We have
over 25 designers, developers and programmers spread out all around
the world and my staff and I communicate with all of them daily to
assign work and get updates on current tasks,� Dicker said.
A
lot of his support team works on continually improving his most
visible property, DNForum.com. The forum was actually started by a Virginia
teenager named Dan Gessler just three years ago. A few months
after launching it, Gessler sold the forum for a few thousand
dollars (a lot of money to a high school kid) to Texan Greg Ricks.
Ricks made some dramatic changes, the most lasting being the
successful introduction of paid memberships. While some balked at
the new fees, most stayed and the revenue base boosted the forum�s
value significantly.
Dicker
was one of those who thought forum benefits were well worth paying
for. In fact, he decided he would like to shell out more money than
anyone else and buy the place! Dicker said, �once I saw the
forum I fell in love with the knowledge I could pick up there. I
called Greg Ricks and made him an offer for the forum. He
thought I was just pulling his leg and told me where I could go!�
Dicker is not one to take �no� for an answer though. �After I
got persistent, he began to believe me and the transaction was
completed in the spring of 2003." Though the final price was
not announced, Ricks is believed to have received 10-15 times more
than he paid for the forum less than a year earlier.
Though
Ricks was a controversial figure, especially after he started
charging for membership,
a lot of people still liked the way he ran the forum. When
Dicker took over he quickly saw that he was not going to be welcomed
with open arms. �The toughest challenge was changing the existing
mindset and that was to NOT share info with people about
drops or the industry for fear they may get names before you,"
Dicker said. �I took a lot of heat from members that did not want
information posted. I always felt a forum was to share
information and learn from each other so I ignored the hatred
against me for posting and kept posting info so everyone could learn
and benefit from what I was learning at the time.�
In
time, Dicker started winning people over with popular moves like
eliminating membership renewal fees. Now you pay once to join (at
any of several levels) and never pay again unless you want to
upgrade to a higher level. Ironically the stance that originally
brought him so much criticism is the same one that is now bringing
him the most praise. Dicker has gained a reputation as a guy who is
always willing to share his knowledge and ideas for wringing more
revenue from domain investments.
Dicker
told us, �my long term plans for the site are to keep developing
new tools and new features to better prepare people to constantly
increase their revenue through domains. We must stay focused on
the business side of domains where people can interact in a
professional forum where all of its members can share information
and learn and all be profitable. There are many new features
being added to the forum in the next few months including the fact
that I am in the middle of completing a deal to purchase an existing
ICANN accredited registrar.�
Dicker
plans to use that registrar to provide forum members with especially
attractive rates for new domains. His drive to continually improve
his product has allowed DNForum to continue to thrive despite new
domain forums springing up like mushrooms after a rainstorm. There
are at least a dozen in operation now. Before the recent deluge of
newcomers, DomainState.com
(operated by three former DNForum moderators from the Gessler era)
and NamePros.com
had already established themselves as contenders in the space. One
reason those two have succeeded is that they brought something new
to the table to establish their own identity rather than just copy
the DNForum formula. That has produced a healthy situation where
just about everyone can find a community they are comfortable in and
can look forward to continual improvement dictated by the friendly
competition among the sites.
While
Dicker continues to build at DNForum he is moving away from his
original plan to develop most of his domain names. �Early
on I spent time trying to develop hundreds of sites before I
realized it was a waste of time. Now I would say 90% of my sites are
PPC. I found out the hard way that you can make more on PPC than a
developed site with no overhead and no staff and no expenses,�
Dicker said. �If I have a great product with a target market, it
will do well as a website, but will it make more as a website than a
PPC site? Probably not. I have taken one of my best domains,
Penpals.com, and tried 6 different designs and products for it and
in the end PPC made me a lot more every time.�
Dicker
said the same rule will usually hold true even at the most basic
level. �The key to remember on a $7 domain is that if it makes
more than 2 cents a day it is profitable at the end of the year.
What I really like to do is forget about my PPC sites and start over
as if I have no income. Nothing drives a person more than
knowing every day they need to start from scratch and find another
great domain or source of income. I am driven by success not by
money. If I was driven by money alone, I would work 1-2 hours a day
instead of the 8-10 I work now,� Dicker said.
Dicker
relies on services provided by Google to monetize both his
developed sites and PPC pages. �Google
Adsense is my primary source of revenue on developed
sites, unless the site has a product that can do better,� Dicker
said. �On my PPC landing pages I only use Google for domains (his
portfolio produces so much traffic he was able to cut an independent
PPC deal with Google). I have dealt with them for years and I
have been offered double the revenue if I switch to other companies,
but I have no plans on leaving a company that has been great to
me.�
Many
believe that the constant flow of new internet users will insure
steadily rising PPC rates as advertisers compete to reach that
growing audience. Dicker also sees blue skies ahead for the domain
business. �I am optimistic about the business because I feel we
haven�t even come close to hitting 10% of what this industry is
capable of. The best way to illustrate this is that my Dad is 77
years old and less than 10% of people his age are PC literate. I am
39 years old and less than 50% of my age group is PC literate. My
kids are now 9, 7, 5 and 3 respectively. Within 5-10 years when they
get to the Internet, their generation will be more like 90% literate
and that makes for a whole lot of potential revenue that hasn�t
been touched yet. That�s why I am very excited about the future of
this industry!�
One
of the few roadblocks Dicker sees is the increasing difficulty and
cost involved in getting high quality domains.
�The only way anyone can grab new domains now is by either
buying them directly from end user owners or by understanding that
they will need to lay out a lot of money to be able to compete with
so many big players now in the auctions of the drops. That said, if
you have money to spend you can still get in.�
Of
course a lot of people who aren�t blessed with big bank accounts
still dream of making it in the domain business. Dicker does
see one avenue that could work for them. �The only way for
the young guy or gal that starts now is to specialize and grab drops
in industries where people are not known for being too Internet savvy
and will be likely to let a great name drop by accident. I have
picked up many of these and turned huge profits by this strategy.
Some great industries to concentrate on are hotels, motels, travel,
hospitals and insurance. They are all highly profitable areas that
let drops go by accident,� Dicker said.
Others
see potential opportunity in new extensions like .info, .biz
and .us or in established country codes like .de
(Germany), .co.uk (United Kingdom) or even .ca (from
Dicker�s homeland � Canada). �I have never been a great
believer in country code domains,� Dicker said. �I own mostly .com�s
(99%). Even so, I do buy some country code TLD�s (MD.ca
and PW.ca for example) and I do hope they become as
profitable for everyone as the .com�s have been.�
In
the end Dicker believes people should follow their own instincts.
While there are many pioneers in the industry that he could have
emulated he decided it was best to follow his own heart. �I tend
to do things my own way,� Dicker said. �Although feedback and
discussion with other veterans are great, they don�t influence me
too much.� That�s one attribute Dicker shares with many of
those who came before him. After all, no one ever became a leader by
following the crowd.
*
* * * *
Editor�s
Note: For those who would like to comment on this story,
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.Women
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