The
Internet Commerce Association (InternetCommerce.org)
has posted its response
to the introduction of a new bill in the U.S.
Congress that could have a disastrous impact on the
domain industry. I analyzed the situation in our February
Newsletter that is going out to our |
opt-in
subscribers today and also cited the key points in the
ICA response to the dangerous language contained in the
bill - titled The Anti-Phishing Consumer Protection
Act of 2008. The problem is that while the stated
purpose of this bill - curtailing the phishing epidemic
- is a good one, language has been slipped into
it that could severely impact honest domain name owners,
including those with generic and geo domains.
Some of the best attorneys
in the domain space are working with ICA Legal Counsel Phil
Corwin to call attention to the problems with the
current iteration of the bill and get it changed so that
phishers are the victims instead of legitimate domain
owners. We would advise you to familiarize yourself with
the issue by reading the ICA response, our new
newsletter and the many posts on this topic at other
news sites and blogs - then contacting your own
representatives in Congress to protest. Your financial
future could be at stake. |
The
downside of having valuable assets is there are people who
will try to take them away from you any way they can. It's
happening now and the problem will only get worse
if you don't stand up and start defending yourself,
your business and your industry. |
Better yet,
join the Internet Commerce Association yourself so the industry
will have the resources and manpower needed to counter
these kinds of theats - threats that are only going to
increase now that domains are a multi-billion dollar
business.
(Posted
Feb. 29, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-29-08.htm |
Just
got an update on the item below from Associated
Cities Executive Director Patrick
Carleton who was at the NTIA/ICANN review
meeting today in Washington, D.C. Patrick
said that Phil Corwin and veteran domain investor
Nat Cohen both had an opportunity to speak from
the audience during the 3.5 hour meeting and that both
made very good points that were well received from the
panelists. More background on today's session can
be found on the NTIA
website.
Internet Commerce Association Legal Counsel
Phil Corwin is at the U.S. Department of Commerce
auditorium today along with several individual domain investors to sit in on an |
Phil
Corwin
ICA Legal Counsel
|
important National Telecommunications and Information Administration
(NTIA) mid-term review of the government's Joint Project Agreement
(JPA) between the Department and ICANN. ICANN has expressed a desire to be released from U.S. Government oversight so it can operate as an independent international organization.
Corwin submitted a letter
to the NTIA in advance of the meeting
detailing why members of the professional domain
investment and development community represented by the
ICA do not support termination of U.S. oversight over
ICANN at this point in time.
Corwin is also in the
process of drafting a response to the proposed Anti-Phishing
bill that was introduced by three U.S. Senators earlier
this week (see our Feb.
26 post below). While we all support anti- |
phishing measures that bill
as currently written contains overly broad language that
could be used to target honest domain owners as
well as those who mis-use domain names to perpetrate
fraud. It is just this kind of legislation that we have
been warning about for over a year now.
There are parties searching
for a way to change laws so they can more easily
take domain assets they have no right to away from their
current owners. The easiest way to do that is to get
language favoring their agenda slipped into an otherwise
well-intentioned bill like this that would normally sail
through the legislative process with little scrutiny.
The dangerous language gets inserted in such a bill
through lobbying efforts by people who want to remove
current barriers that keep them from grabbing domains
they are not entitled to. Combating this sort of legislative
sleight of hand is exactly why the Internet Commerce
Association was formed and why we think it is critical
for domain owners to support the organization. Your very
livelihood could be at stake in the legal battles over
your assets that are just now getting
underway.
(Posted
Feb. 28, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-28-08.htm |
A
new bill has just been introduced in the U.S.
Congress that could have an enormously negative
impact on the domain business. The bill, introduced by
three Senators, has an |
innocuous title - The
Anti-Phishing Consumer Protection Act of 2008 - but
carries what could be a lethal payload for many
domain owners. No one can argue with the need to stamp
out phishing. The problem is this bill is a trojan horse
that would go much further than what the title
implies.
Veteran domain investor Michael
Berkens, who is also an attorney, has a good
analysis of what is at stake on his TheDomains.com
blog today. The Internet
Commerce Association is also studying this
bill and preparing a response. After looking at it
ourselves I plan to write more about the possible
consequences should this bill pass in our February
newsletter that will be sent out later this week. |
Michael
Berkens
|
(Posted
Feb. 26, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-26-08.htm |
|
|
Moniker's
live domain auction at the Affiliate
Summit in Las Vegas Monday wound up producing
over $360,000 in sales and 50% of the
names put on the block were sold. The big |
|
guns were Offer.com
($180,000), AromaTherapyCandles.com
($22,000) and ReverseLoans.com ($15,000).
You can see the complete list of results here.
A online silent auction being held in
conjunction with the event will continue through
March 6. Meanwhile Sedo.com's
latest monthly GreatDomains
auction is winding down. It closes Thursday
(Feb. 28).
(Posted
Feb. 26, 2008) |
|
HOT
LINK! Network Solutions has been slapped
with a class action lawsuit for domain front
running. When Network Solutions started doing this early
last month they were widely condemned for the practice
(we were among the many objecting
to their unethical behavior when it came to light).
Now the Los Angeles law firm Kabateck Brown Kellner will
try to make NetSol pay a financial price for preying on those
who visit their site and unwittingly have any domain they simply
search for promptly registered by Network Solutions
themselves (making sure that the person searching will have
to pay NetSol a far above-market registration fee if they want
to get the domain for themselves). ICANN was also named
in the suit for failing to stop Network Solutions from pursuing
this abusive practice.
(Posted
Feb. 25, 2008)
Two
long-time friends and fellow domain
investor/developers Marcia Lynn and Warren Walker
have launched a new video site devoted to the domain
business at DomainerTV.com.
I first met |
Warren and Marcia at the
debut T.R.A.F.F.I.C. conference in October 2004.
We had an immediate rapport as we had all come out of
the local TV business. In fact Marcia and Warren are
still in it as producers of Myrtle
Beach TV, a weekly 30-minute program
about life in the South Carolina resort community
that airs on the local Fox TV affiliate. They
also operate a number of locally oriented sites through
their production company Myrtle
Beach Inc.
Warren is a professional
videographer/editor and Marcia is a top notch editor and
producer. If you have attended some of the major domain
conferences you have probably seen them filming there as
they have been documenting the industry through still
photography and video for several years now. Jothan
Frakes, Sevan Derderian and I have all
conducted interviews |
Warren
Walker and Marcia Lynn Walker
of DomainerTV.com |
for them from time to time. That material has
been posted on a variety of sites but now DomainerTV.com
gives them a central site to post their domain related
video.
Marcia and Warren were at T.R.A.F.F.I.C.
West in Las Vegas last week and were nice
enough to document Bido.com's
launch party at the Tao Night Club after the
opening day of the show. Since no one else knew much
about Bido at the time, they asked me to interview my
partners in the project, Sahar Sarid, Jeff
Bhavnanie and Darren Cleveland, as well as
several other well-known domainers, including Kevin
Ham, Rick Schwartz, Michael Gilmour
and Sean Stafford. The interviews with Sahar,
Jeff, Darren and Sean are now up at DomainerTV.com with
the others to come shortly.
|
Since I have an
equity interest in Bido.com I need to note for
the record that the interviews with other Bido
partners were part of an event held to promote
the launch of our new multi-service domain
company. As such, even though they serve to
document the company's launch, the recorded
discussions are not unbiased news interviews.
That may seem like I'm stating |
the obvious but
since I am both a journalist and an entrepreneur
I want to make sure there is never any confusion
with regard to which hat I am wearing when the
two roles intersect. |
As most of you know, I was
a business owner and domain investor/developer long
before I started DN Journal on New Year's Day
2003 (I put my first site, a music retail company,
online in 1997). As someone who loves creating new
businesses more than anything else I expect to continue
doing that for the rest of my life. However when any of
those businesses are related to the domain industry that
I write about as a journalist, it is my responsibility
to fully disclose any interest I have in companies that
we cover. DN Journal remains a wholly-owned independent
company and I will continue to cover
the many good people and companies in this industry in a
fair and unbiased manner.
(Posted
Feb. 25, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-25-08-2.htm |
Less
than a week after running the SnapNames
Live domain auction at T.R.A.F.F.I.C. West, Moniker
is conducting another one this afternoon at the Affiliate
Summit West conference in |
|
Las Vegas. The sale
gets underway at 3pm U.S. Pacific time (6pm Eastern).
You can sign up and bid from home, or just follow the
auction by registering at SnapNames.
Moniker will also run an extended silent auction in
conjunction with the Affiliate Summit that will continue
through March 6.
Meanwhile, DomainTools.com
has a Leap Day online auction running from now
until 11am Pacific time (2pm Eastern) on Friday
(February 29). Check out their bid
page and complete auction
list for more information on that event. |
By the way,
DomainTools (and their parent, Name Intelligence,
Inc.) will be staging the next big show on the
domain conference calendar, Domain
Roundtable, April 18-21 at the Palace
Hotel in San Francisco. If you are planning
to go you had better arrange accommodations |
now. I
booked the hotel yesterday and they were already
out of rooms at the conference rate ($239) for
the final night (April 21).
I did manage to get
that fourth night added to my stay by paying the
full standard rate ($299) but had to do that as
a separate reservation from the conference
booking. The Palace is a desirable location so
other nights could also sell out soon. There are
other hotels in the area but you can't beat the
convenience of staying at the venue where the
show is being held. Rooms are |
|
|
also in high demand at that
time because Ad Tech runs immediately before
Roundtable and the Web 2.0 conference starts
immediately after Roundtable. Moral of the story: book
now to make sure you have a place to stay!
(Posted
Feb. 25, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-25-08.htm |
With
the general economy going through a very rough patch
there was a good bit of conversation at this week's T.R.A.F.F.I.C.
West conference about how well the domain
industry |
was holding up. After
Moniker's SnapNames Live domain auction produced $4.3
million in sales Wednesday, some observers saw that
as a "disappointment" that indicated the
aftermarket had hit a plateau or might even be
stalling out. I ran across a thread on this topic
at one of my favorite forums, DomainState.com,
this afternoon and left the post below in response to
those who believe the four-year expansion of the domain
aftermarket has ended:
"Actually, based on
the fairly decent sampling of aftermarket data we get at
DNJournal.com the market has not hit a
plateau and year over year is still growing at a
brisk pace - which is why I said the market is still
strong. Our data clearly shows that is the case. If it
changes in the quarters ahead then I will describe it in
a different way. |
Author
speaking about current trends in
the domain aftermarket at T.R.A.F.F.I.C.
West in Las Vegas Wednesday (Feb. 20).
(Photo courtesy of Marcia
Lynn Walker) |
At every
T.R.A.F.F.I.C. conference I have been asked to speak about
the latest trends reflected in the sales data we collect
for our weekly domain
sales column. I did that again this past
week. When I ran the numbers I found that $121 million
worth of sales had been reported to us in 2007, a 70%
jump over the $71 million reported to us in
2006 (reported sales are of course just a fraction
of the overall market but they provide a representative
sample). I think that is an amazing increase
considering that the entire second half of 2007 was a time
when the general economy was weakening month after month.
There was no
such weakening in domain sales. The weakest quarter in
2007 was Q1 as it usually is (the first quarter tends to
start off very slowly as people drift back to work after
the long holiday season). Thereafter numbers were consistent
the rest of the year, totaling between $30-$35 million
each quarter, including Q3 and Q4 when there was a heavy
downdraft in the general economy.
|
How about 2008? We
were only 6 weeks into the New Year when I ran the
data for the report I gave Wednesday, but at the
current weekly rate of sales we will finish around
$25 million in Q1 - a jump of almost 20%
over Q1 last year (I actually think it will be a
good deal higher as T.R.A.F.F.I.C. auctions
are still to be completed and counted, as well as
several not yet done from DOMAINfest).
I think Michael
Berkens had it right. Seems to
me we have become quite jaded |
when over $4
million in sales in a single afternoon (of an
asset that we all know has very limited liquidity)
is pretty decent, especially when over $3
million more was sold on another afternoon at
Domainfest just 3 weeks before. Doesn't matter if
these sales occur at different venues (and there
are a lot more sales venues now), the dollars
are still being spent at a faster clip than they
were a year ago - the reverse of what we are
seeing in the general economy. So I'm not sure that people who say the expansion of the aftermarket
has stopped deserve a pat on the back for "telling it like it is" when the best data we have says
that's not how it is at all."
Incidentally,
DomainState is running a poll in that thread
asking their readers if they thought the domain
market was in a downturn. At the time of this
posting, a huge majority, 65% to 25%
answered No. Our data says they are right
about that. The ship is not sinking, the sky is
not falling and it doesn't appear that the end of
the world is at hand. Certainly, things could
change as the year wears on and if they do,
we'll tell you when it becomes a fact rather than
a false alarm.
(Posted
Feb. 23, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-23-08.htm |
|
I'm
traveling back to Florida from Las Vegas today
(Friday, Feb. 22) so there won't be a Lowdown post (other than
this one). Lots to catch up on when I get back including our T.R.A.F.F.I.C.
West 2008 wrap-up article, a double-length domain
sales report that will come out late Tuesday night
and our February
newsletter (not to mention catching up on a few
hundred emails!). Have a great weekend and I'll see you back
here Monday (if not sooner).
(Posted
Feb. 22, 2008)
The
2008 T.R.A.F.F.I.C. West conference concluded
this morning in Las Vegas with a farewell breakfast
and a meeting of the T.R.A.F.F.I.C. Advisory Board, a
panel elected by T.R.A.F.F.I.C. attendees each year to
provide suggestions for future conference themes, programs
and locations. The next T.R.A.F.F.I.C. event will be in
Orlando, Florida May 20-24 at Walt Disney World's
Grand Floridian Resort. It is being billed as the
first family-oriented T.R.A.F.F.I.C. conference with
registrants encouraged to bring their spouses and children
for the event. Our last post was written last night while Moniker's
SnapNames Live Domain Auction was underway. That event
ended with $4.3 million in sales, led by
SkiResorts.com ($850,000), Meds.com ($460,000),
DVDs.com ($300,000) and CPC.com ($200,000). |
Scene
from Moniker's SnapNames Live Domain Auction at the
T.R.A.F.F.I.C. West 2008
conference at the Venetian Hotel in Las Vegas
last night (Feb. 20) |
Veteran
domain investor Michael Berkens has the full list
of auction results on his blog here.
On another page, Berkens also posted commentary
that we think accurately sums up the overall results from
this auction as they relate to the current state of he
overall domain market which remains strong.
We will be
heading back to our home base in Florida tomorrow to begin
work on our comprehensive conference wrap-up article that
will appear on our home page by the end of next week. We
have more than 1,200 photos and piles of notes to sort
through in the meantime so that we can produce the
definitive event chronicle you have come to expect from
us.
(Posted
Feb. 21, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-21-08.htm |
Moniker's
SnapNames Live Domain Auction is underway as I
write this today from the T.R.A.F.F.I.C. West
domain conference at the Venetian Hotel in Las
Vegas. I just slipped out to post an update on show
events yesterday and earlier today since there has been no |
Scene
from the TrafficZ Party at the Rio Hotel
last
night (Feb. 19) in Las Vegas. This outdoor deck at
the Voodoo Lounge offered a spectacular 360-degree
view of the Las Vegas skyline from 51 stories up. |
time to do it before now.
Tuesday's highlights included a full round of seminars on
the conference theme "transparency in the domain
industry", or more to the point - the lack thereof.
I'll have details on each of those sessions in our
comprehensive show wrap-up article that will be published
late next week. The business day was followed by Jim
McCann's keynote speech (noted in my earlier post
today), then a great party hosted by show sponsor TrafficZ
at the Rio Hotel's 51st floor Voodoo Lounge
(see photo at left). |
For me and
many others, the highlight of today's schedule thus
far has been an unexpected delight delivered by Kevin
Ham of Reinvent
Technology. During the day's first panel
discussion |
Kevin
Ham delivering a truly memorable
talk at T.R.A.F.F.I.C. West 2008 this
morning (Feb. 20) |
(about what has been
learned from previous keynote speakers at
T.R.A.F.F.I.C.) Ham, probably the most financially
successful domain investor of all time, delivered a
spontaneous from the heart talk about what
constitutes real success in life that, with
its focus on family and loved ones, left some in the
room near tears. It was one of the most eloquent and
moving speeches I have ever heard and Ham was given
a well deserved standing ovation when he
finished. Since it was early in the morning and most
registrants slept in after being out late last
night, only a few were lucky enough to be in the
room when Ham started talking. I'm sure glad I was
one of them.
There were two other
excellent seminar sessions before the auction began
this afternoon. The seminars and panel discussions
at this show were some of the best I've seen in a
long time. More on all of them in our wrap up
article next week. I |
|
have to head back out for the
close of the auction and the farewell dinner tonight. The
show closes tomorrow morning with a bon voyage breakfast
and a T.R.A.F.F.I.C. Board of Advisors meeting. After
those conclude I'll post tomorrow with highlights, final
auction results and pix from the closing conference
events.
Before heading back the
floor, below are a couple of photos from Sunday's
pre-conference Exotic Car Road Rally, courtesy of
Barbara Neu. |
Some
of the cool rides in the T.R.A.F.F.I.C. Road Rally Sunday
(Feb. 17)
Sahar
Sarid tries a Lamborghini on for size. |
(Posted
Feb. 20, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-20-08-2 |
Just
enough time for a quick update as I'm heading
out the door to start the final full day of the T.R.A.F.F.I.C
West conference in Las Vegas. There's been no downtime
since yesterday's |
1800Flowers.com
Founder Jim McCann
delivering his well-received keynote
speech at T.R.A.F.F.I.C. West in
Las Vegas last night. |
post thanks to Tuesday's
jam-packed schedule that ended in the wee hours this
morning with TrafficZ's official (and awesome) show
party in the indoor/outdoor Voodoo Lounge, 51
stories up atop the Rio Hotel. Just before the
party, 1800Flowers.com founder Jim McCann
delivered a terrific keynote speech at dinner.
Despite the late night I have
to get off to an early start this morning with an Internet
Commerce Association (InternetCommerce.org)
board meeting at 8am (local time). Immediately after that
I will on the first panel discussion of the day at 10am
then will speak solo about domain sales trends at lunch.
Following the afternoon seminars Moniker's big SnapNames
Live domain auction will get underway at 3:30pm
(Pacific time). Once that event is off and running I
expect to have a chance to put together a more detailed
post |
(with pictures) about
yesterday's events at T.R.A.F.F.I.C. as well as some of
today's happenings that will have been completed by then.
I also got hold of some cool pictures from Sunday's
pre-conference exotic car road rally. So, check back in
this evening for more from Las Vegas!
One other non-conference item
to note - The .asia
land rush starts today. Will be interesting to see
the interest level for this newest member of the TLD
family.
(Posted
Feb. 20, 2008) To
refer others to the post above only you can
use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-20-08 |
The
T.R.A.F.F.I.C. West 2008 domain conference got
underway last night at the Venetian Hotel in Las
Vegas. Several hundred people were on hand for the
welcoming cocktail party |
that was followed by a
special low or no reserve live domain auction at 8pm. Moniker.com
conducted the special auction that served as an appetizer
for their main live auction event coming up Wednesday
afternoon (Feb. 20) at 3:30pm (U.S. Pacific Time). Just a
few dozen names were put on the block in the warm up event
last night, but those produced almost $200,000 in
sales. The domains that sold included Cabinets.net
($20,000), Stereotypes.com ($19,000), Snowmobiles.net
($17,000), GrandCayman.net ($13,000) and CentralAmerica.net
($12,000). |
Scene
from last night's no/low reserve live
domain auction conducted by Moniker.com
at T.R.A.F.F.I.C. West 2008 in Las Vegas. |
The first
full day of the T.R.A.F.F.I.C. conference gets underway at
9:45am (local time) today and will include an 11:15am
panel discussion on Transparency in the Domain
Industry which is the theme of this show. Other
scheduled highlights will be tonight's keynote speech from
1-800-Flowers.com founder Jim McCann,
followed by TrafficZ.com's official T.R.A.F.F.I.C.
party. |
Bido.com
co-founders (left to right) Darren
Cleveland, Jeff Bhavnanie, Sahar Sarid
and
Ron Jackson at last night's launch party
in
Las Vegas. |
In
another event after last night's auction in Las
Vegas, the co-founders of Bido.com
(Sahar Sarid, Jeff Bhavnanie, Darren
Cleveland and myself) hosted the new company's
official launch party at the Tao Nightclub.
The first of a wide range of domain owner oriented
services that Bido plans to roll out over the next
12 months was unveiled last night - a new live
online auction format that will feature just one
domain a day to give sellers the maximum
possible exposure for their high profile domains
(and the lowest sales commission in the |
|
industry -
8%). As a new educational feature each
domain will also be accompanied by comments from a panel
of experts who will provide personal opinions of that
day's domain. The Bido auctions are to begin when the site
launches Feb. 29.
Full
house at the Bido.com launch party last night at Tao
in Las Vegas.
In another step aimed
at building and assembling the best possible suite
of domain investor services, Bido announced that the
groundbreaking domain management platform DNZoom.com
that we recently profiled
and the team that developed that free
product have both
been brought under the Bido.com umbrella. The
company believes that move will ensure it has the
right people and technology in place to roll out the
additional services planned for the months ahead. |
(L
to R): Rick Schwartz, Frank Schilling
and
Kevin Ham at the Bido.com launch
party. |
(Posted
Feb. 19, 2008) To
refer others to the post above only you can
use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-19-08 |
|
I'm
heading out to Las Vegas this morning for the
T.R.A.F.F.I.C.
West Conference that will be getting
underway this evening at the Venetian Hotel.
T.R.A.F.F.I.C. opens with a 5:30pm |
|
cocktail party followed by
an 8pm no or low reserve live auction of 50 domain names
that will be conducted by Moniker, who will also
conduct the main live auction under the SnapNames
Live banner Wednesday afternoon (Feb. 20)
starting at 3:30pm (U.S. Pacific time).
After tonight's opening
T.R.A.F.F.I.C. festivities I will join my fellow
co-founders, Sahar Sarid, Jeff Bhavnanie
and Darren Cleveland to host the launch party
for Bido.com
at the Tao Nightclub starting at 10pm. With a
cross country flight and all of those activities |
still ahead this day
probably won't end until 4-5am in my home Eastern time
zone, so if you are looking for me in Las Vegas this
evening, just look for the nearest coffee urn!
Starting tomorrow I'll post
a daily item from T.R.A.F.F.I.C. in this column. Then,
as always, the week after the show concludes, we will
publish our comprehensive conference wrap up on the home
page.
Before heading out, I want
to point you to a very interesting and encouraging
page posted by the owners of Kooks.com
who are fighting a reverse hijacking attempt by
suing a company that is trying to steal their
generic name. We will see more and more of these reverse
hijacking attempts in the months and years ahead (ways
to combat that trend will be talked about by the Internet
Commerce Association (InternetCommerce.org)
at T.R.A.F.F.I.C.). It is costing the Kooks.com owners a
lot of money to defend their rights and this kind of
costly litigation could befall any generic domain owner
unless new rules or laws are enacted to prevent this
kind of attempted theft.
(Posted
Feb. 18, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-18-08 |
Blogger
Steve Morales opened a site devoted to
geodomains at SimplyGeo.com
in December that quickly attracted an audience
interested in the rapidly growing geo sector. Actually
it |
attracted more than an
audience - it attracted an investor - and a
well-known one in geo circles, Skip Hoagland
(owner of Atlanta.com, MyrtleBeach.com, Cuba.com
and many others. A post
on the site this morning announced that Hoagland had
joined Morales in an LLC partnership that will operate
the site going forward.
Hoagland has had a busy 48
hours. Yesterday he announced
plans to develop an association of .com
sports domain owners that is to be modeled after the
successful Associated
Cities group of geodomain owners that he
co-founded. The sports group will be called the EnthusiastSports.com
Network and Hoagland, who owns Fishing.com,
expects it to attract owners of key domains in all
sports who would work to share ideas and cross-promote
each other's properties, just as Associated Cities
owners do now.
After attending the GeoDomain
Expo that Associated Cities staged in
November I predicted that their group could well end up
serving as a model for many other domain owners to
follow. The trick is finding a vertical where members are |
Skip
Hoagland
new partner in SimplyGeo.com |
not
direct competitors so that they have no qualms about
helping each other get ahead. It works with geos since
every city is unique as well as in sports where each
sport is different.
Look to see
more networks of this kind in the future. Even
traditional media outlets are getting into the act in an
effort to boost their web properties. Four major
publishers (Gannett, Hearst, the New
York Times and the Tribune Company) just announced
today that they are joining forces to form
an ad network called quadrantOne that will
allow national advertisers to make a single ad buy
that will put their banners on websites operated by all
of the network's members.
(Posted
Feb. 15, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-15-08 |
HOT
LINK! Moniker
has released the auction
catalog for next week's live auction
at the T.R.A.F.F.I.C.
West conference in Las Vegas (as well as for
an associated silent auction). The live/silent events will
feature 3,500 domain names.
(Posted
Feb. 15, 2008)
About
30% of all media is now consumed online with
the Internet now running a close second to TV as
the medium consumers devote the most time to. Despite
all of those eyeballs |
on the web, only 7.5%
of advertising dollars are currently spent online. That
is a huge imbalance that will be corrected over
time, creating a gigantic flow of new ad dollars to the
web. The immediate question though is how did that gap
between market share of consumers and market share of
advertising become so large? Why aren't
advertisers already spending the share of their
budget that they should be online?
The answers to those
questions are in an interesting new column by Steve
Latham at Online
Media Daily. Latham cited a new McKinsey
study of 410 marketing
executives that found that they were so far behind
the curve because they and/or their advertising
agencies simply did not have sufficient |
30%
of media is now consumed
on the web yet advertisers only
spend 7.5% of their budgets online.
That makes no sense, so what's up? |
capabilities
to properly redirect their resources where they belong,
even though they are wasting untold amounts of money
on traditional outlets that no longer deliver the audience
the web does! They are like a giant battleship trying to
turn on a dime. Here is the survey breakdown giving the
execs' answers as to why they have been so slow to react:
-
52% said Insufficient
metrics to measure impact,
-
41% said
Insufficient in-house capabilities,
-
33% said
Difficulty of convincing upper management,
-
24% said Limited
reach of digital tools, and
-
18% said
insufficient capabilities at agency.
There
are lots of other interesting details in the article so check
it out. Those ad dollars, and a lot of them,
are coming to the web. It's just a matter of exactly
when they will arrive.
(Posted
Feb. 14, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-14-08 |
With
more and more domain owners looking into
development, SEO and marketing ideas are becoming very
popular topics in the domain industry. MarketingSherpa.com
just posted their annual ad:tech
Survey detailing what the top web
advertisers view as the best and worst online
marketing tactics. There are some very interesting
and surprising stats in the report |
|
including the fact that 57%
of marketers surveyed said that SEO produced
"great ROI and outperformed other tactics"
including paid search. That's a big move upward
from the 45% that agreed with that statement the
previous year (only 33% agreed with it in
2005).
Meanwhile marketer
satisfaction with the ROI from paid search is going
the opposite direction with only 34% now
saying it produces the best ROI, a big drop from the 49%
approval rating paid search had in 2006. MediaPost.com
pointed us to |
blogger Janet Meiners
at MarketingPilgrim.com
who says that increased competition and higher costs
have lowered marketer's enthusiasm for paid search. That
would at least partially explain the lower PPC payouts
so many domain owners are reporting. |
(Posted
Feb. 13, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-13-08 |
Sedo.com
will run a geodomain auction for 7 days
starting tomorrow (Feb. 13) at 2pm (U.S.
Eastern time). Sedo said they organized a focused auction
of “geodomains” and other travel-related names to make
them more attainable for buyers while offering a targeted
buyer base to domain sellers. The auction will feature Arabia.com,
Iran.com, Iraq.com, Glasgow.com and Kosovo.com
to name just a few. The full auction list is available here.
By the way, if you are a geodomain fan you won't to miss
our new February
Cover Story on one of the real giants in that
category - Dan Pulcrano of Boulevards New Media. |
|
Elsewhere TrafficZ.com
has sent out an email alert to their customers warning
about a phishing email scam being run by someone in China
using the typo-domain TrofficZ.com (notice the
"o" where the "a" belongs). It is an
attempt to trick people into sending them their TrafficZ
user ID |
|
and password. The con
artist sent out emails spoofing the email address of
TrafficZ personnel. TrafficZ's Sam Aidun said
"The title of these emails usually read “TrafficZ
| Domain Termination Notice”. The “notice” states
that one of your domains has been deleted from your
TrafficZ account and to visit Traffiz.com within |
72 hours or your account
will be blocked. The sender is listed as Deborah
Amar, one of our Client Relations Specialists." If
the recipient clicked on the link in the email they were
taken to a fake TrafficZ site on TrofficZ.com.
The phony site was no
longer resolving when we checked today but this is
another reminder to be cautious about clicking
links in emails. Phishing used to be targeted primarily
toward banks and financial institutions but with the
boom in the domain industry some of the better known
companies in this space are now in the crosshairs of
criminals as well. |
|
|
By the way, with
the continuing success of the domain business
when so many other areas of the economy have hit
a rough patch of road, some people are wondering
if we could be in another bubble. Only time will
answer that question, but there is an extremely
entertaining music video at YouTube on
the topic now called Here
Comes Another Bubble. Check it
out, it's hilarious and it has already been
viewed by over 190,000 visitors! |
|
|
(Posted
Feb. 12, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-12-08 |
The
winner of the Bido.com
drawing for a free ticket to next
week's T.R.A.F.F.I.C.
West conference in Las Vegas (retail
value $1,995) is Florida's Bob DeCecco.
Bido.com held the free ticket drawing to celebrate the
company's coming out party that will be held one week
from |
|
tonight
(Feb. 18) at the famous Tao Nightclub in Las Vegas.
Details of what Bido is all about will be released at
the party and the site is scheduled to launch Feb. 29.
Everyone who registered at the Bido site between
February 1 and the end of the contest today at 12 Noon
U.S. Eastern time was entered in the drawing.
Congratulations to Mr. DeCecco! |
(Posted
Feb. 11, 2008)
To refer others
to the post above only you can use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-11-08 |
Too
bad it took an impending recession to do it,
but domain names are finally getting their turn in the
spotlight in mainstream business news. This is
largely because the boom in this |
business stands out more than
ever when compared to the drop off in so many other
parts of the economy. That is a story angle reporters
can't resist. I've seen more unbiased stories about
this industry in major mainstream newspapers and
magazines just since New Year's Day than I have
seen in any full year since I entered the
business.
The latest, published just
last night (Feb. 8), is one of the best yet. It comes
from Investor's Business Daily, one of the
true icons in the business media world. The article,
titled Domain
Name Game Still Going Strong; Tad Less Secretive,
was written by Brian Deagon with |
|
whom I spoke at length
prior to publication of the piece. In speaking with him
I could tell that Deagon was a very meticulous
reporter who would deliver a comprehensive, fair and
accurate article and that is exactly what he did. This
kind of reporting is what has made IBD the respected and
influential publication that it is - and talk about a
corporation that gets it - how about their killer
generic domain name - Investors.com!
(Posted
Feb. 9, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-09-08 |
Just
days after announcing they had brokered the $4 million
sale of adult entertainment portal FreePorn.com,
Moniker.com
announced another blockbuster tonight when they |
|
confirmed they handled a $4.5
million deal that included entertainment website Bored.com.
That site was valued at $4 million, with the
other $500,000 coming from a package of 170
associated domains and websites. New owner JW Media will
continue operation of the popular Bored.com site that
was established in 1997 and now attracts 2 million visitors
a month.
(Posted
Feb. 8, 2008) |
Big
congratulations to Parked.com Account Manager Christian
Higgins and his wife Kim who won $50,000
as contestants on the popular syndicated TV game show Who
Wants to Be |
a Millionaire.
Chris, one of the industry's true nice guys, has been
carrying the secret around with him for many weeks now.
The show was taped in New York City late last
fall but the soon to be married couple was not allowed
to tell anyone how they did until the broadcast aired
tonight (Feb. 8). Parked.com is based in Tampa
Florida, where we are also located, so I'm sure all
of Chris's friends at Parked were watching the local CBS
station (WTSP-TV) at the same time we were this
evening.
Chris and Kim answered a
string of tough questions correctly to ring up the hefty
prize |
Parked.com
Account Manager Christian
Higgins and wife Kim share a kiss
after
winning $50,000 on TV game show. |
total. As an added bonus
the show, which had a Wedding Week theme, also surprised
them with a pair of 24-karat gold or platinum
wedding bands (they get to choose between the two
precious metals). Congrats Christian and Kim and we wish
you a wonderful and prosperous life together. You are
certainly off to a great start!
(Posted
Feb. 8, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-08-08-2 |
If
you can't beat them join them. In what is
believed to be a first, a well-known daily newspaper has
just announced
that it will stop printing a daily paper but will
continue to |
There
won't be as many newspapers in
the trash in Madison, Wisconsin when
their daily paper goes all digital in
April. |
operate as a web
publication only. The Capital Times, a
newspaper that has been publishing continuously since
1917 in the state capital city of Madison, Wisconsin
said it is making the move in "an effort to fully
embrace the future of news." The switchover is to
take place on April 30.
The paper's Associate
Editor John Nichols told Editor &
Publisher magazine "It is hard to be an
afternoon daily newspaper in the world of 24/7
television and the Internet. It is hard to keep fresh
and current." Nichols added that traffic to
the paper's website
(which benefits from being located on Madison.com)
has soared in recent years, making the time right to go
all digital. We are sure his paper won't be the last to
make this decision, but The Capital Times now has the
distinction of marking a key turning point in media
history. |
(Posted
Feb. 8, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-08-08 |
It
has been very interesting to see how the
"tone" in mainstream press articles
about the domain industry has changed for the better
this year. In the past there always seemed to be a |
noticeable anti-domain
business bias in many articles so it has been refreshing
to see a lot of journalists going back to being
journalists instead of editorialists in their news
coverage. The latest example is a piece called What's
in a (Domain) Name? Some Serious Cash
by Chris Gaylord published in the Christian
Science Monitor today. Chris sticks to the facts
and relates them in a way that the man on the street can
understand.
The true value of domains
as investments, advertising billboards and business
platforms is finally getting its just due. As I have
mentioned before, a lot of this favorable new attention
stems from the fact that domains now offer a great
story angle for mainstream reporters. At a time when
many other corners of the economy |
|
have hit tough sledding,
the domain business continues to more than hold its own.
2008 has yet to play out but if the status quo
continues, the stature of the domain business should
only increase in the eyes of investors looking for a
port in the storm.
(Posted
Feb. 7, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-07-08 |
The
power of a great domain name to free
businesses from reliance on search engine traffic was
demonstrated yet again when PalmSprings.com
announced a record for visitors in |
|
January when 173,255 unique guests visited
the site. Kate Buckley,
Executive VP with PalmSprings.com's parent company, Castello
Cities Internet Network (CCIN), said
“Over 50% of these visitors came directly
to PalmSprings.com and not from Google, Yahoo
or MSN." Buckley said that constant flow of
direct navigation traffic is made up largely of people
planning to visit Palm Springs within the next 30-90
days. |
Buckley
said that Palm Springs businesses have awakened
to the unbeatable value of targeted
traffic. Tim Anctil, the new General
Manager of The Colony Palms Hotel in Palm
Springs said "Part of my focus was to bring
awareness to the hotel, increase our sales base
and traffic and hopefully, reach a clientele
that was appropriate for our luxury-boutique
hotel. In the past 90 |
days, we have multiplied
our investment by 10 and have an ADR well
over $200 per nightfrom
our PalmSprings.com traffic. What seemed like a
risky move to try when I first began has turned
out to be the smartest decision I’ve
made." Mary Nold, co-owner of the Coyote
Inn in Palm Springs added "PalmSprings.com
gave us our best year in 2007 and looks to top
that in 2008."
The
principals in CCIN (owners of PalmSprings.com,
Nashville.com and many other great blue chip
domains) are Michael and David Castello,
who were featured in our December 2006 Cover
Story. They also picked up two Domainers
Choice Awards at the recently
concluded DOMAINfest
Global conference in Hollywood,
California. |
Michael
(left) and David Castello at the
Jan. 2008 DOMAINfest Global conference |
(Posted
Feb. 6, 2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-06-08 |
Steve
Morales has posted a good interview with
geodomain giant Skip Hoagland at SimplyGeo.com.
Hoagland's portfolio of approximately 2,000 top notch
domains includes such |
gems as Atlanta.com,
Savannah.com, MyrtleBeach.com, Cuba.com
and BuenosAires.com, as well as a number of
non-geo blockbusters including Fishing.com. After
corresponding with Skip for a long time I finally met
him in person at the GeoDomain
Expo in San Francisco in November.
Very sharp guy whose experience in business, publishing
and domain development make him one of the industry's
best resources. Hoagland is also one of the
co-founders of Associated
Cities, a geodomain owner's association that
is a great model of how people in this field can work
together to advance everyone's interests.
Another key figure in the
geodomain space, Dan Pulcrano, will be the
subject of our upcoming |
Skip
Hoagland |
February Cover Story.
Pulcrano (who is also an Associated Cities co-founder)
has a remarkable porfolio of major American city domains
including LosAngeles.com, San Francisco.com
and Dallas.com (all told he owns 20 of the 30
largest U.S. city .coms). It's a story you won't want to
miss.
(Posted
Feb. 5, 2008)
To refer others
to the post above only you can use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-05-08 |
Late
Update on the Bido.com
Launch Party at the Tao Nightclub in Las
Vegas this month (originally reported in our Feb.
1 item below). The date has been moved up
from Feb. 20 to Feb. 18, the opening night of the
T.R.A.F.F.I.C.
conference at the Venetian Hotel. Start time for
this invitational event will still be 10pm. It
will follow T.R.A.F.F.I.C.'s official welcoming cocktail
party so there will be no conflict with conference
activities.
(Posted Feb. 4,
2008) |
|
An
auction for Video.us ended at Pool.com
today at $18,500. This domain had been sold to a
company based in Belgium less than a year ago for
$75,000 in a private transaction - the largest .us
sale that has been publicly reported to date (we've
heard rumors that News.us sold |
for low six figures but
that was never confirmed). At some point during the year
someone noticed that the email address on the Video.us
WhoIs record had begun bouncing. Around this time the
.us registry was also reportedly questioned about
whether or not the Belgian company met the Nexus
requirements for owning a .us domain. Since the contact
information with the domain was no longer valid, we are
told the registry could not reach the owner to verify
Nexus information and wound up canceling the
registration. Pool was successful in catching it when it
dropped and proceeded to auction it off to the highest
bidder. Losing the name was obviously a costly
mistake for the company that purchased it last year. |
Video.us
was sold in a Pool.com auction |
In
other sale news, Moniker.com confirmed
over the weekend that they had brokered the sale of the
adult entertainment portal FreePorn.com for $4
million. That site has been online since 1996. Look
for another announcement soon about another site that
has been sold in the same price range.
(Posted
Feb. 4, 2008)
To refer others
to the post above only you can use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-04-08 |
BULLETIN
(Feb. 1):
Microsoft
has offered over $44 billion to buy Yahoo!
ANOTHER
HOT LINK (Feb. 1): New
New York Times article on the domain boom
Bido.com
will stage its coming out party Feb. 18 at
the famous Tao Nightclub in Las Vegas
during the T.R.A.F.F.I.C.
West 2008 conference. To celebrate Bido is
running a contest |
|
to
give away a free admission ticket to
T.R.A.F.F.I.C. West (retail value $1,995). To be
eligible for the free ticket drawing all you have to do
is register
at the Bido.com website before the contest
ends at 12 Noon (U.S. Eastern time) on Monday,
February 11 (the conference runs Feb. 18-21
at the Venetian Hotel in Las Vegas). When you
fill out the free registration form be sure to answer Yes
on the line asking if you want |
to
be included in the free ticket drawing (entries
limited to one per person). If the winner does not
confirm their intention to accept and attend
T.R.A.F.F.I.C. as Bido.com’s guest on the day of the
drawing, successive drawings will be held until the
ticket has been awarded.
(Posted
Feb. 1, 2008)
To refer others
to the post above only you can use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-01-08-2 |
The
next live domain auction is on tap this
afternoon when Moniker stages a sale for the Internet
dating and social networking industries at the iDate
2008 and Social Networking Conference being held in
Miami Beach
. The event will get underway at 5:30pm
(U.S. Eastern
|
time)
with
names including Introduction.com, TGP.com,
Honey.net and InternetDating.us among
those scheduled to go on the block. The
auction will be broadcast live on WebmasterRadio.FM.
Meanwhile,
the silent portion of the SnapNames Live auction
conducted in association with the DOMAINFEST Global
conference ended yesterday with $916,583 in
sales. Added to the $3.1 million in sales during
the two live events at the show, that pushed total sales
over $4 million. Michael Berkens has a
list of the silent auction results on his TheDomains.com
blog today. Top sales included AR.com at $225,000,
Saw.com and $50,000 and Per.com at $40,000. |
Scene
from the SnapNames Live auction
at DOMAINfest Global Jan. 22 |
(Posted
Feb. 1, 2008)
To refer others
to the post above only you can use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-01-08 |
|