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The Lowdown



November 28, 2007 Post

Here's the The Lowdown from DNJournal.com! Updated daily to fill you in on the latest buzz going around the domain name industry!

Compiled by Ron Jackson (Editor/Publisher)

 

Charleston, South Carolina real estate agent Stephen Webb took a lot of ribbing when he suddenly turned up on the domain scene a few months ago after registering thousands of domain names beginning with the words "I Am" or "We Are". Webb has been making the rounds at 

Stephen Webb 
IAmDomainNames.com

at Domain Roundtable - August 2007

recent domain conferences, including Domain Roundtable in Seattle, T.R.A.F.F.I.C. East in Hollywood, Florida and last week's GeoDomain Expo in San Francisco, to promote his sales site, IAmDomainNames.com

The conventional wisdom has been that sticking random prefixes on keywords is a non starter (it has been tried many times in the past with little or no success, other than the ubiquitous "e" prefix). It's too early to say whether or not Webb will beat the odds but at least he's not getting shut out. Yesterday his company, We Are, LLC announced they had sold WeAreSanDiego.com to the San Diego Union-Tribune newspaper who will use the name for their existing entertainment guide. 

Webb had previously struck a leasing deal with the operators of the Seattle Space Needle for another one of his names, IAmSeattle.com.  

Webb explained how it all started, saying "I was looking for a domain name for my business located in Charleston. I wanted to give the impression of ownership so I typed in IamCharleston.com and it was available; so was IamSeattle.com, WeAreSantaMonica.com, WeAreWomen.com, WeAreComputers.com and WeAreMusic.com. Now 13,000 domain names later we launched a new business. It has opened up a new generation of .com names for individuals and companies that have been shut out of the market place. Our domain names imply ownership and controlling the lion's share of your market. What is easier to remember than a sentence beginning with I am or We are? How many times a day do we say these words?" 

Well, I am not sure how many times I say it (oops, there's one!) - but it will be interesting to see if Webb's expensive bet pays off in the long run. He knows he's going against the grain but says "the criticism is water off a duck's back." We do know that domain prices keep going higher and .com options keep getting slimmer, but is that trend enough to make previously unprofitable naming strategies work now? Sooner or later, Webb's enterprise will provide the answer to that question.
(Posted Nov. 28, 2007)

 

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