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The Lowdown
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November 2007
Archive
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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)
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Voting
is now open for the first annual Domainers
Choice Awards that will be presented at the DOMAINfest
Global conference in Hollywood,
California January 21-23. Anyone can |
nominate anyone
they wish in 15 different industry categories. When you
visit the DCA site you can vote for one of the names
already on the nominated list or add a new name by writing
in the person's name that you wish to vote for. The top
three vote-getters in each category will advance to the
final round of voting that will begin Dec. 16. That
is just a couple of weeks away, so visit the DCA
voting page now and vote to make sure
your choices get the recognition they deserve. |
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Winners
will be chosen in these categories: |
Domain Ambassador Award
Best Industry Spokesman
Industry Achievement Award
Industry Trade Association
Industry Customer Service Rep
Parking Company Award
Best Domain Auctions
Best Domain Marketplace |
Best Hosting Company
Best Domainers Blog
Best Domain Publication
Best Registrar Award
Domainers Rising Star
Best Domainer Tools
Best Domain Financial Services
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Donna
Mahony (left) and Sally
Letzer
Domainers
Choice Awards |
The
Domainers Choice Awards were
developed by veteran domainer Donna
Mahony (who was featured in our February
2005 Cover Story) and Sally
Letzer to give everyone in the industry an
equal opportunity to recognize
excellence in individual and
corporate achievement. In order
to grow the awards and an
accompanying scholarship program
into a world class event, they
have also opened the door for sponsors
to support the program at very
affordable levels ranging from $50-$1,000. |
(Posted
Nov. 30, 2007) To
refer others to the post above only you can use
this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-30-07.htm |
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Dell
Computer has lowered the boom on three
obscure registrars who have been slapped with lawsuits
charging them with using serial domain tasting tactics
to register and profit from |
domains that Dell says are
clear infringements of their trademark. The complaint
names BelgiumDomains, CapitolDomains and DomainDoorman,
along with nearly a dozen Caribbean "shell
companies" that allegedly served as the entities
registering the domains. The suit also names Juan
Pablo "JP" Vazquez, a Miami
resident who is alleged to be connected to those
companies.
As I have said in the past,
I would like to see the practice of domain tasting disappear
as I believe it has been extremely harmful to this
industry's image and tarred hundreds of honest domain
investors with the cybersquatter brush, even though
they've never engaged in the practice and do not condone
it. Dell's action |
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could drive a nail or two
in the domain tasting coffin, which would be fine by me,
but at the same time I think Dell has gone off course
in trying to bring "counterfeiting" charges
against the miscreants in this case. Dell did that
because the penalties for counterfeiting are far higher
than for trademark infringement - up to $1 million per
name instead of $100,000 - but it seems to be an
exceptionally flimsy application of the counterfeiting
law. Allowing misuse of the law to stand where it is not
applicable would set a very dangerous precedent. Frank
Schilling has some exceptionally insightful analysis
of this story (the kind you will never get from the
mainstream press), on his SevenMile
blog today that shows there are bad actors on all
sides in this case, including some that are not
named in the suit.
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Which leads me to
another comment. The domain business is too
complicated for the average man on the street to
understand, but I don't think it is too much
to ask mainstream journalists to make at
least some minimal effort to learn
something about their subject matter before
they print statements the public wrongly assumes
to be true. Instead they continue to perpetuate false
stereotypes that are hard to dispel. Just
the latest of many examples was an article at CNN.com
Wednesday in which author Kevin Voigt
wrote "The .Asia rollout shows in many ways
how the Wild West days are dwindling for
cyber-squatters - known as "domainers"
- to mine high-value names." Kevin has no
clue what the difference between a
cybersquatter and a domainer is, but that
doesn't stop him from equating them as one
and the same thing at an outlet like CNN.
That is simply unconscionable. Unfortunately,
this kind of ignorance is widespread and
all of us have our work cut out for us to
counteract it. A lot of "professional"
journalists at |
traditional media outlets wonder
why the public is rejecting them as
"gatekeepers" for the news business
and increasingly turning to blogs - often written
by real experts in a given field, like Schilling
- when they want the truth. The CNN story
is a perfect example of why we are seeing this
seismic shift.
(Posted
Nov. 29, 2007) To
refer others to the post above only you can use
this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-29-07.htm |
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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)
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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)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-28-07.htm
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Live
domain auctions have become so popular you
need a scorecard to keep track of them now. Moniker.com,
who paved the way for them with their popular T.R.A.F.F.I.C.
conference
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auctions, will be doing another
one next Wednesday (Dec. 5) at the PubCon
conference in Las Vegas. In conjunction with the Casino
Affiliate Convention in Macau today and
tomorrow (Nov. 28-29) they also just opened an online-only
Casino,
Gaming & Affiliate Auction that will
continue through December 6. NameBuyers.com
is also piggybacking off the Casino Affiliate Convention
to run an auction on Ebay Live tomorrow (Nov. 29)
that will start at 5am U.S. Eastern time.
Meanwhile, Sedo.com
opened its third and final .mobi premium name auction
today with that event scheduled to close on December 5.
Their first two .mobi |
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premium name auctions generated more than $1.6
million in sales. The latest auction features games.mobi,
sports.mobi, photos.mobi, movies.mobi, and
videos.mobi among others. Sedo's combined November/December
GreatDomains Auction also begins tomorrow. Asia.net,
hangover.com and coed.com are among the
names on the block. You can view the full list at GreatDomains.com.
(Posted Nov.
28, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-28b-07.htm |
As
a conduit for advertising, either on PPC
pages, through affiliate arrangements or direct sales
to advertisers, domain owners are in the media
business.
That fact makes increasing |
forecasts that U.S.
media operations will face tougher times in 2008 something
worth keeping an eye on. Reuters reporter Michele
Gershberg wrote about this in a new article released
yesterday headlined U.S.
Media Face Troubling 2008. However if a
downturn does arrive, Gershberg's article indicates that
those who operate online will have much easier
sledding than traditional media outlets. She wrote
"Experts say advertisers need to remain competitive
in a tightening market while keeping costs down, making
them likely to boost spending in areas more
directly linked to commerce, such as Web search
queries." |
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She quoted Sanford C.
Bernstein analyst Jeffrey Lindsay as saying
“We see continued strength in paid search and
continued strength in retail e-commerce, and possibly an
acceleration of online video."
Web search
leader Google remains confident it will
remain unscathed. “We feel that we're not too
sensitive to those macroeconomic fluctuations,”
Google's chief economist, Hal Varian, said in an
interview. “If there is a macroeconomic downturn,
people will be a little pinched. We think that would be
to the benefit of online sales.”
(Posted Nov.
27, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-27-07.htm
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Nominet,
the organization responsible for running the .uk
domain registry, has issued their first ever Domain
Name Industry Report. The report said
"The global market has seen increasing |
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growth rates over the last five years with the total number of domain
names now growing at a rate in excess of 30% per annum
( compared to just 10% in 2002). Amongst the key
reasons for this rise will be increased recognition of the importance of an online presence, coupled with
an increased global uptake of Internet access and Broadband technology. This upward trend is set to
continue, at least in the short term, with growth in the
first half of 2007 standing at more than 35%." |
The
report noted that growth of .uk registrations (led by .co.uk)
was humming along at a rate of close to 20%
annually. It also said "Research carried out earlier this year illustrates that
British Internet users are six times more likely to
choose a .uk rather than .com address when looking for information via an Internet search engine.
The online survey of 2,324 Internet users, which was carried out by
YouGov, also found that 62% believe a .uk address suggests a company is local or more
relevant than a .com, and a third (32%) believe that it
is important for international companies to have local domain names in order to attract local customers."
(Posted Nov.
26, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-26-07.htm
Ari
Goldberger is one of the best-known attorneys
in the domain industry and also one of the best men
I have met in any industry. You won't find anyone
who is more generous with his time, talent and treasure.
Ari showed that quality again this week when he spent £60,000 ($123,414)
to win a charity
auction for a giant hand-painted guitar
autographed by former Beatle Paul McCartney.
Goldberger bought the guitar for the sole purpose
of donating the unique collectible to London's Ormond
Street Hospital at a December 17th Christmas
event for children hospitalized at the facility. McCartney plans to be there to meet Goldberger
in person when he makes the donation.
Sir Paul said "I'm really amazed
and very happy that the guitar went for so much and for such a great
cause." Several other autographed guitars were sold
at the Gibson GuitarTown auction, raising
more than £200,000 that will be split
equally between Nordoff–Robbins Music Therapy, The
Prince's Trust and the Teenage Cancer Trust.
Anyone who knows Ari or read our June
2006 Cover Story about him will not be
surprised |
Winning
bidder Ari Goldberger in front
of the 10-foot tall guitar autographed by
Paul McCartney that he will donate to
a
London children's hospital December 17th. |
to hear that he stepped up at this event. He has
been working for charity causes literally since he was a
kid. Ari is a true credit to our industry.
(Posted Nov.
24, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-24-07.htm
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Today
I did something I swore I would never do and,
as I expected, it proved to be a complete waste of time
(on the plus side, the experience once again showed me
that those of us who make our livelihoods on the web are
sitting in the mother of all catbird seats). So
what did I do against my better judgment and all
that history has taught me to studiously avoid? |
Black
Friday campers |
I went shopping on Black
Friday! For those outside the U.S., Black
Friday is the day after one of America's most cherished
holidays - Thanksgiving Day. It is the official
start of the Christmas shopping season and is
called Black Friday because conventional wisdom says it
is on this day that the sheer volume of business pushes
most merchants into the black for the year.
Store
owners run huge newspaper ads touting great Black Friday
discounts to fuel the fire. Local big box stores and
malls opened as early as 4am to accommodate the
rush and some people with far too much spare time on
their hands actually camped out on the sidewalk
in front of these stores for two days to be first
in line. They started Wednesday night and actually had
their Thanksgiving dinner on a folding table |
Thursday afternoon. Then,
after spending a second night on the sidewalk and
going through this whole crazy ordeal they then got
first crack at saving $10 this morning - go
figure!
Despite
this, people pack themselves into stores like sardines
and it is not uncommon for fist fights to break
out among patrons grabbing for the same merchandise. I
try to behave like |
a gentleman in such
instances, so when confronted by an old lady this
morning, I applied only a loose headlock. My mistake, as
she quickly took me down with a leg sweep that legendary
Olympic champion Dan Gable would admire. I have
always assumed only a mental defective would willingly
wade into such a mess. I did it once a couple of decades
ago and that should have provided a lifetime cure. But
today I got suckered in like millions of others. I've
been planning to pick up a second high def TV to
put in my library and four or five stores offered |
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some great deals on name
brand sets in their flyers. Though in my heart of hearts
I knew none of them would have more than one of two TV's
available at the advertised price for the |
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thousands who would
come clamoring for them, I reasoned that at least one
of the stores would still have what they advertised if I
got there before sunrise. Of course, none of them
did and I merely subjected myself to a dozen futile bait
and switch sales attempts from every electronics
salesman in town!
After five stops and a
couple of hours of wasted time I went home and did what
I should have done in the first place - ordered a TV
online. It will be delivered to my door - no
fuss, no muss - and for a cost that is just a tad more
than the come-on prices the local stores tout -
"bargains" that virtually no one actually
receives. Maybe I'll venture out to the brick |
and mortar world on
Black Friday in another couple of decades just to see if
things have changed, but the retail game may well be
over for them long before my next appointment rolls
around. With gas over $3 a gallon and spare time
a thing of the past, more and more people are concluding
that shopping online is the only way to go and no
event creates more converts than Black Friday. If you
don't believe that, just ask me :-)
(Posted Nov.
23, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-23-07.htm
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America
celebrates one of its favorite holidays
tomorrow - Thanksgiving Day. Over the years it
has morphed into a four-day weekend for a lot of people,
especially since Thanksgiving is now seen as the
official start of the Christmas shopping season.
Like most folks in the U.S. I'll be |
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spending the day feasting
with family and friends (and yes, observing another
Thanksgiving tradition - watching some football on TV)
so there won't be a Lowdown post Thursday. Before I take
off for that welcome respite I wanted to put together a
"cornucopia" post covering a variety of
tidbits that came in while I was away for the 2007
GeoDomain Expo that concluded in San Francisco over
the weekend (we'll have a wrap-up article on that
conference posted no later than Monday). |
Let's start
with AOL's $350
million purchase of online advertising
company Quigo.com
last week. That one caught my eye because we talked
about Quigo in our very first
Cover Story in 2003 about Igal
Lichtman's DomainSpa.com
parking service - one of the first to add graphic
elements to parking pages. Igal, who also holds a major
league domain portfolio, was one of the early angel
investors in Quigo and predicted back then that they
would be a major success. He was certainly right about
that and it is nice to see his bet pay off.
WashingtonVC
founder Michael Mann announced several
new executive appointments at the company
including a new Managing Partner, Eric Litman
(that is the job Mann himself filled until
bringing Litman on board - Michael's new title
is Chairman). I met Eric while at the GeoDomain
Expo in San Francisco last week and he struck me
as a great guy who will win a lot of friends
for the firm. Litman (seen with
colleague Lori Anne Wardi in the photo at
right taken last week in San Francisco) is a
pioneer whose credits include
being a founder of DigitalNation, a
company that was acquired by Verio for $100
million. |
Eric
Litman (Managing Partner) and Lori Anne
Wardi (Regional Manager) of WashingtonVC |
The Domain
Development Corp. also announced a key hire
last week, bringing Sean P. Moriarty in from Yahoo! to serve as
the company's president. Moriarty was was in charge of managing Yahoo’s off-network
domain monetization business.
California-based DDC says it offers a comprehensive monetization
and full-scale domain development service. Moriarty
said, "I am excited to be back in a small company
environment, working with an intelligent and passionate
team that is nimble and focused on execution. Our
mission is to enhance the experience of parked sites for
visitors, owners and advertisers. In addition, we plan
to continue to build on our comprehensive development
efforts as we evolve suitable domain names into
internet businesses.”
As you know, TV
writers are on strike in Hollywood. I saw an
especially interesting comment in a Forbes
Magazine piece about the strike called Why
the Writers Must Win by Lacey
Rose. |
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The writers wisely
want a bigger piece of online income from
their work and in the article writer/director Josh
Pate, whose credits include Friday
Night Lights (one of my favorite shows)
and Surface, explained why that
is so important. "It's all about
the Internet, it's the big Kahuna, and both
sides know it," Pate said. "The deal
that's made this year is the most important
for both sides in decades." There is a
guy that really gets it. |
Sedo.com
announced the results from its second .mobi
"premium name" online auction November 7th,
reporting that proceeds totaled $760,000. With
bidders from 32 countries participating, the top sales
included were taxi.mobi ($75,111), dating.mobi
($73,000), homes.mobi ($53,700), motels.mobi
($47,000), hotel.mobi ($46,000), date.mobi
($40,000) and adult.mobi ($30,000). Sedo’s third and final dotMobi auction will run
November 28 through December 5. Details on that auction
are available at Sedo.com/dotmobi.
Sedo
also just announced that their GreatDomains
site will launch another Premium Live Auction
on November 29.This auction will combine
their monthly November and December auctions into
one large holiday season event. The auction will
begin at 2pm |
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U.S
Eastern time with recording.com,
coed.com, websites.com, hangover.com
and Asia.net among the names that
will be on the block.
Hope
you all have a great Thanksgiving Day!
(Posted Nov.
21, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-21-07.htm
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Oversee.net
today announced that Internet visionary and best selling
author John Battelle and world-class adventurer Peter
Hillary (son of Sir Edmond Hillary) will be keynote speakers |
at the second annual DOMAINfest™ Global
conference January 21-23, 2008 at the Renaissance
Hotel in Hollywood, California.
John Battelle is the
author of The Search: How Google and Its Rivals Rewrote the Rules of Business and Transformed Our Culture and
is a co-founding editor of Wired Magazine.
He is also a founder and Executive Producer of the Web 2.0 and
Foursquare conferences. Most recently, Battelle founded and serves as CEO for
Federated Media.
Peter Hillary has
reached the summit of Mount Everest twice and has more than 25 years of experience in extreme risk environments. Carrying on his father’s spirit of adventure, he has completed 36 other mountaineering expeditions, was involved in the development of a new route across
Antarctica to the South Pole, and was the first to have traversed the length of the
Himalayas.
In commenting on DOMAINfest’s keynote speakers,
Lawrence Ng, CEO and Co-founder of Oversee.net said, “We want our publisher clients to have the best context for the search industry and there is no one better than John Battelle to provide that. When it comes to risk taking and the entrepreneurial spirit that defines our day-to-day accomplishments, only a Peter Hillary could give us that perspective. We are excited and honored to have both of them join us.”
DOMAINfest will also feature
Frank Schilling, one of the world’s most famous domainers, to host the conference's first
Domainer Town Hall. In addition, two SnapNames Live™ auctions are scheduled for DOMAINfest Global. This will mark the debut of SnapNames Live™, a live auction system for premium |
John
Batelle
Peter
Hillary
|
domains recently announced by SnapNames. Domain submissions are being accepted until
December 11, 2007. To submit domains or sign up to participate in the auctions, visit
SnapNames.com/Live. To register or to get more information about DOMAINfest Global visit
DOMAINfest.com or e-mail
[email protected]. Hotel reservations can be booked at
here.
(Posted Nov.
20, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-20-07.htm
In
a related note, the first annual Domainers
Choice Awards will be handed out at
the upcoming DOMAINfest
Global conference (show details in
the post above). The awards are the |
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brainchild of Donna
Mahony (who was featured in our February
2005 Cover Story) and Sally
Letzer who persuaded Oversee.net to
host presentation of the honors at their
upcoming conference January 21-23.
Starting on or about December 1, 2007 you
will be able to nominate your favorites in
several categories through the Domainers Choice
Awards website.
The site asks who you think has been the |
shining star in
representing domainer's ethics and standard of
behavior, which hosting company, registrar and
parking company has performed best and who
stands out in advancing domainers and their
industry.
(Posted Nov.
20, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-20-07b.htm
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The
2007
GeoDomain Expo ended at the W
Hotel in San Francisco Saturday afternoon
with Moniker.com's live auction of geo domains. A
total of 32 names were sold at an average cost of $14,232.
Total sales came in at just under $480,000. That
total will increase when final results are in from an
accompanying silent
auction that will continue through Nov.
28. The closing day of the Expo also featured three
morning seminars.
I'll have
all of the conference highlights for you in an article
we will publish later this week after we sift |
Moniker.com
CEO Monte Cahn (left) and auctioneer Joel
Langbaum run the live domain auction at the 2007
GeoDomain Expo Saturday (Nov. 17) in San
Francisco |
through
our notes and dozens of photos from the event. We just
got back to our Florida office this morning, ending a
short bout of Web Withdrawal Syndrome. We were unable to
post from the Expo before leaving San Francisco Sunday
because the W Hotel lost its Internet access Saturday
afternoon and it was still out when we left. You never
know how much you rely on the web until you can't get
online.
Scene
from one of the GeoDomain Expo seminars |
This fast-growing
event doubled in size from last year's
conference in Chicago and I'm sure it
will continue to grow dramatically in the years
ahead. With its focus on a single vertical
category - full scale development of geo domains
- it is unlike any other show out there. I met
many great people for the first time, picked up
a lot of valuable tips on website development
and enjoyed the wonderful hospitality that show
hosts San
Francisco.com and Associated
Cities extended to everyone that
attended. |
A lot of
other interesting domain news and information came in
while I was away for the conference. I'll put together a
"catch up" post highlighting those items
within the next day or two. Right now I have about 500
emails to answer!
(Posted
Nov. 19, 2007) |
A
jam-packed day at the 2007
GeoDomain Expo at San Francisco's W Hotel
ended last night with the first Geo Awards dinner,
followed by a party hosted by the show's lead |
Left
to right: Geo Award Winner Jessica Bookstaff (PigeonForge.com),
Jonathan Boswell (LeaseThis.com) and Associated
Cities Executive Director Patrick Carleton at
the TrafficZ party last night at the Roe
night club in San Francisco.
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sponsor, TrafficZ, at
the nearby Roe night club. After delivering
the luncheon keynote speech earlier in the day I had the
additional pleasure of handing out awards in five
categories at the evening dinner. PigeonForge.com
won as the best resort destination site, Scottsdale.com
was named the top small-medium sized geo site, Richmond.com
was recognized for having the best local content, NewYorkCity.com
won for best overall U.S. site and BuenosAires.com
for best international site. The winners were chosen by
their peer members from Associated
Cities, the trade group that stages the
GeoDomain Expo.
The Expo concludes today with
three morning seminars followed by Moniker.com's
first live geo domain auction
starting at 1pm Pacific time (4pm US Eastern time).
(Posted Nov.
17, 2007) |
The 2007
GeoDomain Expo gets underway today at the W
Hotel in San Francisco with a State of
the Industry address from Associated
Cities Chairman Dan Pulcrano. Pulcrano
is |
also the CEO of Boulevards
New Media and the owner of the .com city
domains for 20 of America's 30 largest cities, including SanFrancisco.com,
LosAngeles.com and Dallas.com. Last night
Pulcrano treated Associated Cities members to a
trolley ride around San Francisco (with live narration
from AC member Jessica Bookstaff of PigeonForge.com)
and a tour of SanFrancisco.com's offices. I'll be giving a
noon keynote talk at lunch today and will also be sitting
in on some of the eight opening day seminars. The packed
schedule continues this evening with a networking session,
an awards dinner and a big party at the Roe
nightclub hosted by the show's lead sponsor TrafficZ.
Tomorrow's closing day schedule will be highlighted by Moniker.com's
first live
geo domain auction.
(Posted Nov.
16, 2007)
|
Dan
Pulcrano
Associated Cities Chairman |
It
took almost 14 hours to make it across the
country but I finally arrived in San Francisco for
the 2007
GeoDomain Expo that will be held at the W
Hotel tomorrow and Saturday (there are also a few
private events for Associated
Cities members today). The travel problems
began |
in Nashville where we
had to change planes en route from our home base in Tampa,
Florida to the West Coast. Just minutes after we
landed in Nashville a huge lightning storm hit that
closed the airport for several hours. The plane that was
supposed to take us to San Francisco was in the air at the
time and had to be diverted to Jackson, Mississippi.
By the time the weather cleared and we completed the
journey we began a little after 12 noon, it was 2am
the next day our time. We had another nasty surprise at
the baggage carousel. Apparently Southwest has
nowhere to store luggage during a rainstorm except on
the |
|
tarmac! Every piece of our
luggage and the clothing inside was soaked so thoroughly
it looked like the airline had sprayed them with a
firehose. So for those we see at the conference this week,
if my wife and I look a little damp and bedraggled you
will know why :-)
Lots of
little bits of domain news and information have been sent
our way while we have been out of pocket the past couple
of days. I'll be tied up with the conference through
Saturday but as soon as time allows - probably Sunday
morning - I will put together a "catch up" post
to summarize all of those tasty tidbits.
(Posted Nov.
15, 2007)
|
I'm
traveling to San Francisco today so won't be
able to make a detailed post. Headed for the 2007
GeoDomain Expo at the W Hotel where I will
be giving the keynote address Friday |
|
afternoon. Moniker.com
will also be running another one of their popular live
auctions there Saturday afternoon. This will be my first
trip to this event and I am really looking forward to
meeting the guys and gals who hold some of the greatest
geo domains on earth. I'll post from the conference as
time allows and tell you more when I return. Hope to see
some of you there!
(Posted Nov.
14, 2007)
|
On
a much more positive note than our last
couple of posts, The Interactive Advertising Bureau (IAB)
and PricewaterhouseCoopers have announced
that U.S. Internet advertising |
revenue rose 25% in
the third quarter to about $5.2 billion. That
represents yet another historic high for a
quarter and a $1.1 billion increase over Q3 2006.
The results are nearly 3% higher than Q2 2007,
the last record-setting quarter. "The continued
robust growth of the industry indicates that marketers
increasingly understand and appreciate the benefits of
interactive advertising," said Randall
Rothenberg, President and CEO of the IAB.
"Marketers large and small have come to accept
digital media as the fulcrum of any marketing
strategy." |
|
All three
quarters in 2007 have set new highs—Q1 at $4.9
billion, Q2 at $5.1 billion, and now Q3 at $5.2
billon. Revenues for the first nine months of 2007
totaled $15.2 billion, up nearly 26% over
the $12.1 billion recorded during the first nine
months of 2006. Of course, the immediate question that
comes to many domain owner's minds is "Where is our
share of all of that increased revenue?" I
wrote about this disconnect in our Nov. 5 post last week
(scroll down to read).
(Posted Nov.
13, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-13-07b.htm
|
When
it rain its pours. Following on the heels of
his fall out with Moniker.com and T.R.A.F.F.I.C.
conference co-founder Rick Schwartz (detailed in
a post
in this column yesterday), Name Intelligence Inc.
CEO Jay Westerdal was hit with a new complaint
today |
Jay
Westerdal (left) and Stephen Douglas
teamed up to produce the 2007 Domain
Roundtable conference last August in Seattle |
filed by Stephen Douglas,
the Executive Producer of Westerdal's 2007
Domain Roundtable conference. Douglas posted on his SuccessClick.com
blog that he had filed a breach of contract suit against
Westerdal. Douglas wrote "I want to make it clear
to everyone who knows me, or who has met me, either
through business or the Domain Roundtable Conference: I
NO LONGER WORK FOR JAY WESTERDAL AND NAME INTELLIGENCE.
I currently have a lawsuit filed against him for breach
of contract and gross underpayment for my commission as
accorded me by my contract. I do NOT SUPPORT JAY
WESTERDAL or endorse ANY of his |
posts regarding his judgments
of other companies in this industry, many of who he
looks at as competitors."
Douglas further stirred the
pot with a post
at the DomainState.com forum this morning,
saying "I was the executive producer of the Domain
Roundtable Conference 2007 and had a five-year contract
with Name Intelligence. However, I no longer have a
relationship with Jay Westerdal and his company. This
resulted from breaches of this contract by Jay and
non-payment of my fair commission of revenue from
designing, administrating and coordinating the event,
and the outrageous padding by Jay of the expenses to
produce the event which lessened my percentage of
revenue after costs. I would like to state that I have
no longer have any connection whatsoever with Jay or
Name Intelligence, and do NOT endorse any of his
outrageous comments and accusations towards Marchex,
Enom, Moniker, Rick Schwartz, TRAFFIC,
Snapnames, and other companies who Jay has felt
the need to "judge", as if he has "clean
hands."
I am saddened by
the events of the past couple of days but not
surprised. It's the public manifestation of
something I've been seeing developing beneath
the surface over the past couple of years - the
transition of this business from a
"cottage industry" (with congenial
relationships among most all of the major
players) into a "big business"
where the stakes are higher and the competition
much fiercer (with the fighting sometimes spilling
out of bounds). I guess it is naive to
expect anything else but that doesn't lessen the
disappointment. Some will refer to |
|
this kind of thing
as drama or a soap opera, but it is much more
than that. These aren't actors. Real people
that I care about are being hurt on all sides.
They say "You can never go home again"
and for this industry it's true. The "old
days" are over and a lot of our disputes
will now be played out in court rooms instead of
settled privately. I know that's life in the
modern business world, but I don't have to like
it.
(Posted Nov.
13, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-13-07.htm
|
|
Three
major domain industry players got into a serious dust up
Sunday that will likely reverberate for some time to
come. It started when Jay Westerdal posted an
item on his DomainTools.com
blog calling into question the legitimacy of some .mobi
sales at |
Moniker.com’s live
auction last month at the T.R.A.F.F.I.C.
East conference. Westerdal also
stated that T.R.A.F.F.I.C. co-founder Rick
Schwartz was the winning bidder on one of
the domains in question but had reneged on
payment. Those are extremely serious
charges to make so if you make them you have
to be absolutely certain your facts are right.
As it turned out Jay’s facts were wrong
leaving him with quite a mess on his hands. The
fact that he directly competes with both Moniker
(in the live auction space) and T.R.A.F.F.I.C.
(as producer of the Domain
Roundtable conference) made a bad
situation worse as it opened him to charges that
he was deliberately trying to harm their
businesses by publicly posting false
information. |
Jay
Westerdal |
|
Details of
the donnybrook are too lengthy to recount here but you
can review what has been said on all sides through these
links; Jay’s
original post (since revised) that started
the |
brouhaha
and his retraction
later in the day after he learned his statements
were not true, Rick
Schwartz’s comments on his
personal blog (scroll down to the Update
section and the comments that follow) and
Moniker CEO Monte
Cahn's comments made in a thread
about the situation at the DomainState.com
forum.
I
don’t think
anyone will ever convince Cahn and Schwartz
that this was anything but a deliberate
attempt by a competitor to boost his own
business at their expense. However, having seen
this kind of mistake happen several times in my
decades as a journalist I don’t think it was
deliberate as no writer in their right mind
would post such charges unless they were
convinced they were right. Otherwise, they are
begging to be sued into oblivion. I do however
think Westerdal was too quick
to believe the worst
about Moniker and T.R.A.F.F.I.C., largely
because they are competitors.
Having
said that, even professional journalists are human and
do make mistakes - including the
best and most experienced of them (Dan Rather
of CBS-TV being among the many examples).
When they are wrong they will, normally, print a
very prominent retraction – but depending on
the severity of their mistake that may not be
enough.
Rather’s
mistake ended his network career (though he has
resurfaced on a seldom seen cable channel). When
I was a TV reporter our weekend news anchorman
got a tip that a local law firm was involved in
some illegal activity and had gotten busted.
Since it was the weekend, the law office in |
Moniker
CEO Monte Cahn |
Rick
Schwartz |
|
question was closed, but he took a video crew to
the firm's building, stood in front of a door with attorney's names emblazoned on it and
proceeded to tick off a list of crimes the
people in that office were accused of.
It wasn’t until after he aired the video
that evening that he found out he had shot his
on-location expose in front of the wrong
attorney’s office! That did not go over well. He
and the station apologized profusely on the air and
somehow managed to avoid a law suit but my colleague was
finished there.
Whether
this will have a long term impact on Westerdal and his
many domain business interests remains to be seen. I
personally think he will weather the storm because he is
smart and will learn from this mistake, knows the
industry inside out and wants to see it continue to
flourish just as Cahn and Schwartz do. As the injured
parties my sympathies in this instance lie primarily with the latter two
men who have both done a Herculean job in helping build
this industry into what it is today. However knowing how
Westerdal must feel this morning I can’t help but feel
a sense of regret on his behalf as well (that kind of
mistake is a
journalist's worst nightmare).
For many
people who get their news from the Internet, bloggers
like Westerdal and Schwartz are starting to
replace traditional media outlets. Since even trained
journalists from the old school can make this kind of
mistake, its not surprising that the new wave of untrained |
|
reporters/observers are
even more susceptible to such grievous errors. It’s one
reason traditional outlets say they are still
relevant. They would argue that a professional
reporter or his editor would have stopped this
kind of mistake from happening and most of
the time they would – but even as a product of
that system, the endless variety of unfiltered
views found in the blogosphere are an
improvement in my eyes. However, incidents like
this underscore the fact that even though blogs
give everyone a platform that wants one, shooting
from the hip can have serious consequences. |
|
This
business has undergone some dramatic changes over the
past five years. When I came in it was mostly composed of a small,
tight-knit group of individual entrepreneurs that just
about all got along well.
Competitors hung out together, shared drinks and stories
and worked together to expand the industry for
everyone’s benefit. Over the last couple of years,
with far more money at stake and new win-at-all-cost
players entering the space, I am seeing more flare ups
between competitors. It is not a
welcome change and, at this stage of the game, I
don’t think it does anyone any good. Fortunately there
is still more of what Cahn calls “coopetition”
(competitors co-operating to advance the entire
industry) in this business than corporate world
knife-in-the-back tactics and I hope that philosophy remains in place for at least a little while
longer.
(Posted Nov. 12, 2007)
To refer others to the post
above only you can use this URL: http://www.dnjournal.com/archive/2007/dailyposts/11-12-07.htm
|
|
Could
the global credit crunch ignited by the
subprime mortgage meltdown eventually have an impact on
online ad spending (in turn affecting pay per click
revenues for domain owners)? The answer, according to
marker researcher eMarketer,
is that it already is - but not enough that |
anyone is likely to notice.
Mark Walsh talked about it in his column at Online
Media Daily this week, noting that "eMarketer
has trimmed its U.S. online ad forecast to $21.4
billion from $21.7 billion for 2008 because
of the credit market turmoil and a shift toward unpaid
marketing online." However, despite the slight
revision in the forecast, the migration of ad dollars
from traditional media to the Internet continues to
accelerate as advertisers increase online spending,
according to a new eMarketer report released
Wednesday.
As Walsh reported,
"The study cited research from TNS Media
Intelligence showing that the top 100 advertisers
spent $230 million less in 2006 than 2005 on the
top four traditional media
categories--television, radio, magazines |
|
and newspapers. At the
same time, they increased online spending by $558
million. (The TNS figures exclude search marketing,
which accounts for 40% of Internet ad
revenue.)"
As one
example, Internet ad spending by American Express
jumped by 180%, while its total ad spending
dropped by 13.1%. Walsh added, "Recently,
eMarketer issued a separate report predicting that
Internet ad spending would overtake radio for the
first time this year. "Epochal is not a word to be
thrown around lightly," says David Hallerman,
the report's author and eMarketer senior analyst.
"Even so, one could cite 2007 as an epochal year
for Internet spending in the U.S." The firm
expects online advertising to nearly double from
7.4% of total media spending in 2007 to 13.3% by
2011.
Posted Nov. 10, 2007
|
Some
friends asked me to look at a new logo for a
planned online business this morning and the one
suggestion I had was that a graphic of the globe
incorporated in the logo should be changed because it
showed only the North American continent. Today
the online world is |
|
more global than ever
and in fact the fastest growth is now occurring outside
the U.S. Writer Dave Morgan
underscored that fact in an article he posted on MediaPost's
Online
Spin blog Thursday. In writing about booming
online European markets like the UK, Germany
and Scandinavia, Morgan noted "Not only
are they growing faster than the U.S., but some markets,
like the UK, are becoming more mature than the U.S.
market and are allocating more of their total ad
spend to online than we do here. The IAB UK
tells us that online now commands more than 10% of
the total ad spend there. And these markets are just
getting started." |
Morgan
continued "If you’re in the U.S., why should you
care about this? You should care because the percentage
of the global online ad market represented by the U.S.
is only going to go down. If you want strong,
long-term growth, you will need to be global to
serve the needs of global advertisers. You will need to
participate in the profits in those markets to fund
capital investments and to fully amortize the technology
investments that this market requires. Finally, if
you’re not global, you will likely find yourself
facing a non-U.S.-born company in your own
market; better to see and understand your future
competitors sooner rather than later."
Posted Nov. 9, 2007
|
Sedo.com
today announced completion of the
largest .co.uk domain sale reported to date - Recycle.co.uk
for £150,000 ($316,247 at today's
exchange rate). A press
release |
issued from Sedo's home
office in Cologne, Germany said the buyer was
venture capital company ASAP Ventures. ASAP plans
to use the domain as a source of information about
recycling services for UK customers. In the same
release, Sedo said they have also completed another
blockbuster .co.uk sale, moving Mobile.co.uk for £120,000
($253,131).
Sedo's UK Operations
Director Nora Nanayakkara said, "We are
seeing a growing interest in the purchase of co.uk
domain names |
|
in the secondary market.
Over six million co.uk domain names are already
registered and there is a shortage of available quality
names. This is driving the sale of high value generic
names, such as recycle.co.uk and mobile.co.uk."
Sedo said that in the past year, their total volume of
co.uk aftermarket domain sales has grown by 30%
to over £1.5 million ($3,164,832).
Posted Nov. 8, 2007
|
I
posted an item Monday about the ongoing
decline of newspapers as the Internet usurps the role
they have played for centuries. A very interesting
article from the Center
for Media |
|
Research
today focuses on how journalists who work in
the print world (and are seeing their current jobs
threatened by new media) use the Internet. The article
says that "according to the Arketi Group 2007
Web Watch Survey, 84% of journalists say
they would or already have used blogs as a
primary or secondary source for articles. 100% of
the journalists surveyed say they rely on the
Internet to help get their job done."
Mike Neumeier,
principal of Arketi Group, said "In an era
exploding with user-generated content, social media, and
Web 2.0, it's important for those in
business-to-business communications to understand how
journalists are using technology." 97% of
journalists |
surveyed say they enjoy
using new technologies. 60% of journalists say
they spend more than 20 hours a week on the
Internet. When asked how they use the Internet, the #1
reason, cited by 98% of the journalists, was reading
the news. Other reasons they ranked highly were finding
new sources and finding story ideas. With
print reporters themselves turning to the web for news
and news leads, is it any wonder that their readers are
heading for the web first as well? That takes them directly
to the source without having to go through the
gatekeepers who decided what reached print in the past.
Posted Nov. 7, 2007
|
DNForum.com
owner Adam Dicker has joined GoDaddy.com
as Vice President of their Domain Name Aftermarket.
GoDaddy let the cat out of the bag this afternoon when
they emailed clients a rundown of tomorrow's GoDaddy
Live internet radio show. Dicker is
scheduled to be introduced to GoDaddy customers on the
program that airs every Wednesday at 4pm U.S. Eastern
Standard Time (1pm Pacific). GoDaddy Founder and CEO Bob
Parsons personally hosts the show. Of course, almost
all of the GoDaddy registrants who are professional
domain investors are already very familiar with Dicker
who runs the popular domain forum at DNForum.com. Adam
is also a frequent speaker at industry conferences (he
was most recently on the dais at the T.R.A.F.F.I.C.
East conference in Hollywood, Florida last
month). GoDaddy is getting a good man, so congrats to
both them and Adam on filling the position with a real
pro.
Posted Nov. 6, 2007
|
Adam
Dicker
DNForum.com Owner has joined GoDaddy
as VP of their Domain Name Aftermarket
|
"The
unrelenting drumbeat of bad news for
newspapers continued Monday with the release of the
latest circulation figures from the Audit Bureau of
Circulations, covering the six-month period from March
to September 2007. The news was so bad that
the Newspaper |
Association of America
has deigned not to tally the numbers for an overall
circulation figure, but a quick glance at the big and
medium-sized players tells the story." So begins an
article
from Media Daily News reporter Erik Sass
this morning about the unbroken trail of tears the
newspaper industry has been traveling the past few
years. Sass details declines at a long list of
individual papers including such giants as the New
York Times, Los Angeles Times, Chicago
Tribune and Washington Post.
Almost no one in the industry is escaping the carnage as
readers increasingly get their news online (often
from new media sources like blogs and social networking
sites). |
|
Sass
observed that the slump has
produced some amusing ironies as newspaper publishers
try to find some way to make a silk purse out of a sow's
ear. Sass wrote, "Continuing their long rivalry,
the New York Daily News took a swipe at
the New York Post, noting that its own
daily circulation now surpasses the Post. But the
News didn't mention that both newspapers'
daily and Sunday circulations declined, with the Daily
News simply falling a little less quickly. When the
storm clouds are this ominous, you can't blame them for
trying to find some kind of silver lining, no matter how
illusory it is.
Posted Nov. 6, 2007
|
I've
written often about the massive wave of ad
dollars migrating to the web from traditional media
outlets. However, despite the companies at the top of
the food chain, Google and Yahoo!, taking
in more and more ad dollars, I'm hearing a rising
crescendo of complaints from |
Google
and Yahoo! are piling up ad dollars
but fewer and fewer of them seem to be
reaching their downstream partners. |
Google and Yahoo's downstream
partners - domain owners and web publishers - that
their share of the wealth has been steadily
decreasing this year. There's obviously a huge
disconnect there and that was one of several points
addressed by Mark Simon in a very interesting
article about search advertising, titled Big
Bubble? Maybe. Big Trouble? Definitely,
today at MediaPost.com
(free subscription required to read but it is well worth
signing up for).
Simon, vice president of
industry relations at Didit,
an agency for search engine marketing |
based in New York,
said this about publishers that use Google AdSense:
"Many report that even as their traffic and
click-through rates have steadily increased in
the past six months, their Adsense revenue has
plateaued and even declined. You can't exactly blame
these guys for embracing the latest conspiracy theory to
make its way around the Web, which is that Google
squeezed them in the last quarter to meet Wall
Street's expectations." |
Simon
said Google's small business ad customers are
also becoming disenchanted, noting "many of
these marketers are operating on razor-thin
margins, a good share of them are just barely
hanging on, and the moment that any competitor
comes along and offers them even a slightly
better deal on the clicks they rent, they'll
bolt like jackrabbits." Simon added
"The big brand guys are furious too,
because Google effectively forces them to rent
back the brand names they invested billions in
over |
|
|
decades in order to avoid
the inevitable confusion that occurs when Google
blithely sells these same terms to others (a practice
that Google strictly forbids on its own branded terms).
The courts will ultimately decide whether this practice
(and all of Google's revenue derived from |
Could
Google & Yahoo! wake up one day
to find their golden geese flew the coup? |
branded term
searches) is OK. In the meantime,
the big brand guys that Google depends upon for
its future growth aren't just angry: they're
fighting mad and have enough lawyers to keep
Google busy until the year 2050."
Simon concluded
"Google needs all of these groups - small
firms and big ones - to keep going. It may not
know it, but it needs them more than it needs
Wall Street's approval, and it needs to do much
more to keep their willingness to work with Google
alive." The current situation has led many
domain owners to seriously start seeking |
alternatives to PPC monetization, including lead
generation or full scale development. Google and
Yahoo currently own the golden geese - but with
partners starting to feel like they are getting
a raw deal the climate may be starting to
change.
Posted Nov. 5, 2007
|
|
|
|
The
long-anticipated announcement that NameMedia
would go public came Friday (Nov. 2) when the company
announced a $172.5 million stock
offering. NameMedia starting building |
its domain
industry conglomerate in 2005 when it purchased BuyDomains.com
and its huge portfolio of domain names. Since then the
company has been on an acquisition binge, expanding its
aftermarket platform with the 2006 purchase of Afternic.com
and moved into |
|
domain parking with three separate services
(two of which were purchased from their founders -
SmartName.com and GoldKey.com).
NameMedia has also rolled out several developed
web portals on top notch generic domain names like
Photography.com and Gardens.com. |
|
The
public offering announcement was loaded with
interesting tidbits about NameMedia, including
what they paid for some of their acquisitions - $4
million for Afternic and $16.5 million
for SmartName for example (if certain performance
targets are made, the original Afternic owners
will receive another $1.55 million).
NameMedia plans to trade on the NASDAQ
market under what will instantly become the
coolest stock symbol in the financial world (at
least from our domainer's point |
of view) - NAME.
NameMedia will give the domain industry its third
public company listed on major exchanges, joining Marchex
(MCHX on NASDAQ) and the Intersearch
Group (traded on AMEX under the symbol IGO).
Dark Blue Sea Ltd., who operates another
well-known domain company, Fabulous.com,
also trades publicly on the Australian
Securities Exchange (ASE) under the symbol DBS.
Posted Nov. 3, 2007
|
|
|
|
Sahar
Sarid had a very interesting post on
his blog The
Conceptualist yesterday, predicting that a
whole new industry would emerge around fractional
domain ownership. Sarid used the recent $370,000
group purchase of Cowboys.com (he is part of that
ownership group) as an |
example. The group bought
the domain with plans to develop it into a full
fledged business. What I found most interesting in
Sarid's post was this passage: "...if you take the business into consideration, now you are not a domainer, are you?
Now you are an “end user”. We all know the dream of selling domains is selling to end-users, which means, many of us are soon to become
what we’ve been waiting for others to be. If you can’t beat them,
be them."
Very insightful observation
and I think Sahar's forecast will prove to be right on
the money. Fractional ownership will allow many more
people who can't afford to buy a name on their own to
have a stake in the huge upside potential of a great
generic domain name.
Posted Nov. 3, 2007
|
Sahar
Sarid - The
Conceptualist |
|
|
Just
a week after 1&1 announced they were
seeing a big spike in .US domain registrations,
the world's biggest registrar, GoDaddy, came out
with an announcement
yesterday saying they are witnessing the same surge of
interest in the United States ccTLD. GoDaddy CEO
and |
|
Founder Bob
Parsons said “We are thrilled to see .US
performing so well. GoDaddy has put a lot of
effort into raising awareness for the extension
and the results are quite clear - our customers
have been snatching up available .US domain
names at an eye popping rate." RegistrarStats.com
backs up Parsons' claim about the company's role
in boosting the American extension. They show
the GoDaddy Group maintains 34% of all .US domain
name registrations.
Posted Nov. 3, 2007
|
|
We
wrote a Cover
Story in 2005 about the need for more
women in the domain business. There still aren't enough
but the situation is gradually improving and the fairer
sex is making a |
big impact on what has been
a male-dominated industry. Latest example - Jan and
JillXan Donnelly from the Career Exposure Network
and its leading women’s online recruiting site, CareerWomen.com,
who have both been named as finalists for the 2007
Stevie
Awards for Women in Business. Winners will
be announced at an awards banquet on November 12
in Las Vegas. The Stevies
are a big deal - the New York Post called
them "the business world's own Oscars".
Jan and JillXan, who own
thousands of domains including more than 1,500 in the
career space, founded The Career Exposure Network
in 1996 and it is now the leading targeted e-recruiting
solution provider to a wide range of industries and
clients including more than 70% of the Fortune
500. The company’s |
|
|
site
CareerWomen.com is the leading online career
destination by and for women and is frequently
mentioned in the national media as the place for
all women to begin their search for employment
on the Web. Other sites in the |
|
network
include DiversitySearch.com,MBACareers.com,
CareerExposure.com, PostJob.com, PostResume.com,
CareerNews.com.
JillXan, who is the
company's president, said “Our growth is a direct
result of listening to the needs of jobs seekers,
employers and recruiters and then responding with
focused and targeted sites, content and services that
help connect talent with opportunity.” Jan and
JillXan are frequently seen at the T.R.A.F.F.I.C.
conferences and they are active domain industry
supporters as members of the Internet
Commerce Association (ICA).
Posted Nov. 2, 2007
|
Congratulations
are in order to SharedReviews.com
execs Peter Ejtel (CEO) and Frank Michlick
(COO). The two domainer/developers have come up with
something special at |
SharedReviews.com and that
fact was recognized by a group of heavyweight investors
who have placed bets on the enterprise in a first
round investment announced by the company
today. SharedReviews enables consumers to monetize high
quality user-generated content. SharedReviews bridges
the gap between market demand and content creators in a
unique platform that is currently in a limited public
beta test with plans for a full scale launch early next
month.
The funding round was done
by Frank
Schilling and Monster
Venture Partners with additional
participation from the Internet
Real Estate Group, a leading |
SharedReviews.com
COO Frank Michlick
and CEO Peter Ejtel (rght) |
developer of premium
Internet domain names. Schilling, the well-known head of
Name Administration, Inc. said, "“My
investment in SharedReviews is first and foremost a bet
on people. Peter Ejtel and Frank Michlick are two
gentlemen whom I have known for years and whom I respect
greatly. I also believe in the vision of syndicating
high quality content onto under-developed domains as a
step forward on the path to full domain development for
domain properties that receive significant traffic and
are good candidates for indexing by search engines due
to the presence of truly novel and useful content.”
Posted Nov. 1, 2007 |
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