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The Lowdown
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September 2008
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!
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Compiled by Ron Jackson
(DN Journal Editor/Publisher)
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The
latest T.R.A.F.F.I.C. conference is now history
but two more meetings for domainers will get underway over
the next seven days, with both of those being held outside
the U.S. First up
|
Cracow,
Poland - host city for the
MeetDomainers conference Oct. 3-4 |
will be MeetDomainers,
a show that will be staged in Cracow, Poland this
coming Friday and Saturday (Oct. 3 & 4). The
event will include a live auction Saturday afternoon at
4:30 (local time in Cracow), powered by Aftermarket.pl,
Poland's largest aftermarket site (you can view the
auction list and register to bid through the link in this
sentence).
Show
organizers said "Almost one hundred people will
participate in this event – experts in domain investing,
hosting services, web development and domain parking. Many
different topics will be covered including the
aftermarket, drop catching, parking |
and registration. Discussions
will also focus on the ccTLD market, domain
investing and legal issues as well."
The spotlight then
switches to Canada where the first DomainConvergence
conference will be held in Niagara Falls,
Ontario from October 6-8. This event will
also feature a live premium domain name auction that
will be operated by Fusu,
a new domain aftermarket specialist. That sale will
begin at 3pm (EST) on Wednesday, Oct. 8. The
auction is scheduled to run for one hour and unsold
domains will go into a seven-day Internet auction.
Fusu will charge a 15% fee to the seller,
plus 1% of the reserve price (paid upfront)
as a listing fee to encourage lower reserves. Domain
owners can submit their domains via email to [email protected]
until Oct. 4 (include your reserve price as well as
your postal address and phone number).
|
|
Frank
Michlick, the chairman of DomainConvergence,
said "Our aim is to put together a great
conference for the Canadian and international
domainer community, filled with valuable sessions
and opportunities to network. The live auction is
the icing on the cake." You can get $100 off
the standard registration
fee of $599, by entering the code "dnjournal"
when you sign up to attend.
|
Elsewhere, the
Extended Online Auction for T.R.A.F.F.I.C. New
York
will close Thursday (Oct. 2) at 3:15pm
(U.S. Eastern time). More than 2,000 domains
are open for bidding on the SnapNames
auction platform. You can get more information
and enter the auction here: www.moniker.com/extendedauction.
Also
don't forget that the online Bids
for Kids charity domain auction we
told you about last month starts tomorrow (October
1) and runs through Friday. Bidjit.com
is hosting the bidding and you can check out
the catalog here.
SmashFactory.com
is helping produce the event which will raise
funds for the Make-A-Wish Foundation. |
(Posted
Sept.
30,
2008) To
refer others to the post above only you can
use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-30-08.htm
|
|
Just
got back into our Florida office today after
being away all of last week for the T.R.A.F.F.I.C.
conference in New York. It was an extraordinary
event on every level and we will have the wire to wire
details for you in our comprehensive conference review
article that we expect to have ready for publication by
this coming weekend. |
First we have
to dive right into preparation of our new weekly domain
sales report that will be a double length article this
week. There was no report while I was away at
T.R.A.F.F.I.C. last week so the new report will cover two
weeks worth of data to bring you completely up to date on
what has happened since our last report Sept. 16. Look for
it late tomorrow night or Wednesday morning.
There will be at least one blockbuster
in the new report. I just got word today that Sedo
has completed the $1,015,000 sale of Invest.com
via their GreatDomains
premium auction site. That is the first seven-figure
sale reported since the first quarter of this year.
I got the
news from Sedo's Kate Donahue who also told me she
is getting married next month and moving to a new
location |
Kate
Donahue
Sedo.com |
with her soon to be husband. Kate will also take a new
position at Sedo as the Marketing Manager for the UK
market. Kate has been a big help to us by providing Sedo
news and information and I know she will excel in
her new position, just as she has in her current one. We
wish her the very best as she makes all of these exciting
changes in her personal and professional life.
(Posted
Sept.
29,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-29-08.htm |
The
2008 T.R.A.F.F.I.C. New York conference ended
last night with the annual T.R.A.F.F.I.C. Awards
dinner and a Parked.com aftershow party at the Brooklyn
Bridge Marriott where 350 registrants gathered for
this week's show. Moniker's live domain auction
highlighted the final |
day's schedule and didn't
disappoint, ringing up just under $3 million when
the bidding was all done. Certainly not a record total but
given the severe dislocation in the general economy
and the fact that Moniker had to compete with two other
live auction providers at this show (RickLatona.com
and Aftermarket.com) it was a very respectable
performance. Buyers continue to recognize the value
of good domain names, despite the reluctance to make large
scale expenditures while there is so much uncertainty in
the financial world at large.
Moniker's hit list was led by
FinancialAid.com at $800,000 and also
included four more six-figure sales; Floor.com
($275,000), Camps.com ($110,000), LT.com
($100,000) and Cleaning.com ($100,000). A
number of .me domains also sold at impressive
prices, led by Date.me at $70,000. |
Auctioneer
Wayne Wheat directing
Moniker's live domain auction in New York |
Right
after the auction, the annual T.R.A.F.F.I.C. Awards
dinner capped a very rewarding week in Brooklyn.
Awards were handed out in seven categories with
winners chosen by their peers in email balloting
conducted among more than 2,000 voters. The most
coveted personal award - |
Domainer of the Year
- went to Rick Latona, a man who has
clearly been running at full throttle over the past
year. Among other things, Latona rolled out a domain
development service at AEIOU.com
and entered the live domain auction business with an
impressive debut event at T.R.A.F.F.I.C. New York
that yielded $700,000 in sales. He was
already successful with businesses like DigiPawn.com
and Offshoring.com but with his new ventures
he demonstrated over the past 12 months that he is
going to be a force to be reckoned with in any
category he decides to enter. Latona also writes a
popular blog at RickLatona.com.
In another category,
three new members were voted into T.R.A.F.F.I.C.'s Domain
Hall of Fame; Yun Ye, Scott Day
and Dr. Chris Hartnett. They join Frank
Schilling, Sahar Sarid, Rick Schwartz
and Ron Jackson who received the award over
the past two years.
Awards also went to the
individuals and companies listed in the five
categories below: |
Rick
Latona
Domainer of the Year Award Winner |
Best
Overall Solution - Fabulous.com
Best New Monetization Solution - Sendori.com
Best New Developer - Kevin Ham
(for Vancouver.com)
We Get It Award - Foreclosure.com
Sponsor of the Year - TrafficZ.com |
We will
have photos and more details on all of the award
winners in our comprehensive conference review
article that will be published late next week. We
will also have photos and details on all of the show
seminars. So much ground is covered in those we
can't do them justice in the daily Lowdown posts we
file during conference week but they will get the
attention they deserve in our definitive show
review. Incidentally, one other piece of news was
released during the Awards Dinner - Skenzo.com
will become the lead sponsor for the
T.R.A.F.F.I.C. conference in 2009 when shows will be
held in Silicon Valley and New York City.
A storm
rolled into New York while the dinner was underway
but attendees were able to stay high, dry and happy
at Parked.com's after show party that was held in an
adjacent ballroom at the Marriott.
The
Parked.com team, led by CEO Sig Solares
(seated in the center of the front row) just
before they welcomed show goers to their
T.R.A.F.F.I.C. after show party last night in New
York.
Some
small groups braved the weather and went out on the
town for a few hours before heading back to the
Marriott to close out the night at the Parked.com
party. Thought Convergence execs Ammar
Kubba and Jay Westerdal hosted a group at
Peter Luger's famous Brooklyn steak house.
With
11 guys at Peter Luger's steak house last
night in Brooklyn, domainers had enough men on hand
to field their own football team. Starting at the
front left and going clockwise around the table are Jay
Westerdal, Ammar Kubba, Rob Grant,
Michael Berkens (who also celebrated his 50th
birthday last night), Nat Cohen, Tim Chen,
Mike Ambrose, Roland Chemtob, Roy
Flanders and Adam Dicker (Ron Jackson
completed the line up and was behind the camera
where he belonged).
T.R.A.F.F.I.C.
provided a farewell breakfast this morning and there
was also a meeting of the show's board of advisers
where conference co-founders Rick Schwartz
and Howard Neu announced their plans for 2009
when they will host two shows. They also reminded
everyone that the first T.R.A.F.F.I.C. show outside
the U.S., T.R.A.F.F.I.C.
Down Under, will be presented on Australia's
Gold Coast less than two months from now,
running November 18-20. We intend to be there
to cover it for you.
The first show in
2009 will be in California's Silicon Valley
April 27-30 at the Santa Clara Marriott
(which hosted a T.R.A.F.F.I.C conference
in January
2006). The second one will be back
at the Brooklyn Bridge Marriott in New York October
20-23, 2009. Looking further ahead, they
also plan to make a return trip to Disney
World in Orlando in January 2010.
A conference they staged there last
May had lighter attendance than
usual, but those who made the trip thought it
was one of the best shows in the series that
began in 2004.
Diana and I are
staying in New York an extra day and will join
Howard Neu, his |
T.R.A.F.F.I.C.
Co-Founders Rick Schwartz and Howard
Neu thank attendees for coming in closing
comments last night (Sept. 25) |
wife Barbara
and son Ray to see Mary Poppins
on Broadway tonight. Barbara, Ray and Alina
Schwartz again played key roles in helping
Howard and Rick stage another outstanding
conference. We've just scratched the
surface of what went on in our daily posts
from the show but you will get the full story
a few days after we get back to Florida
and finish sifting through dozens of pages of
notes and more than 1,000 photos we snapped
during show week.
(Posted
Sept.
26,
2008) To
refer others to the post above only you
can use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-26-08.htm |
|
|
The
first full day of the T.R.A.F.F.I.C. New
York conference Wednesday featured two highly
anticipated live domain auction debuts staged by RickLatona.com
and Aftermaket.com. Latona went first at 1:30pm and
his auction crew, led by 2008 world champion livestock
auctioneer Matt Lowery, helped book close to $700,000
in sales.
Spotter
Preston Smith (left) coaxes a bid from an audience
member while
auctioneer Matt Lowery (at the podium) directs the RickLatona.com
live auction.
Latona is sitting to the right of Lowery. |
|
|
Latona's top sales were MCC.com
at $195,000, CountryClubs.com at $85,000
and DayTraders.com at $80,000. Though
concern about the general economy kept prices for many
domains from reaching levels they would have at last
year's New York conference, this was an impressive coming
out party for Latona, who may well have the best marketing
and promotion mind in the business.
Aftermarket.com
auctioneer Jill Doherty
helps
drum up $150,000 in sales. |
At 5pm Aftermarket.com
(a new domain sales platform from Thought
Convergence (the parent company of
T.R.A.F.F.I.C.'s lead sponsior TrafficZ)
staged their first live domain auction. They took a
different approach, focusing on a short list of 50
domains with lower reserve prices than you usually
see in live auctions. They also brought in Jill
Doherty,
a talented female auctioneer who provided a nice
counterpoint to Latona's entertaining crew of real
life cowboys.
The end result was approximately
$150,000 in sales led by Illinois.org
($31,000), MadisonAve.com ($17,000) and StayAtHome.com
($15,000). I spoke with Thought Convergence exec
Jay Westerdal after the sale and he was
pleased with how smoothly the combined
online/in-house bidding process worked. |
|
|
Soon after the auction
ended it was time for a lavish dinner sponsored by
TrafficZ.com that featured a keynote address from
legendary New York City real estate broker
Barbara Corcoran |
Barbara
Corcoran delivering her
keynote address at T.R.A.F.F.I.C.
New York Wednesday night. |
that thoroughly
delighted the crowd. Corcoran, who made millions in
NYC real estate, is a frequent contributor to NBC's
Today Show. She is just a delightful
woman; bright, forthright and full of pleasant
surprises. She didn't mind dropping a little salty
language into her talk when she wanted to make a
point. T.R.A.F.F.I.C. co-founder Rick Schwartz
is one of her biggest fans and I can see why - they
have a lot in common when it comes to saying what is
on their mind and pulling no punches when they do
it.
Corcoran, who is very
much a self-made millionaire, expressed a lot of
admiration for domainers whom she viewed as kindred
spirits. They returned the love by crowding around
her for a chance to shake hands long after her talk
ended. I'll have some of the details from Corcoran's
speech in our comprehensive show article that will
pubished around the end of next week. |
|
The evening closed with
TrafficZ's official T.R.A.F.F.I.C. party at the Water
Street Lounge on the Brooklyn side of the
East River. The comfortable brick-walled old
pub on a cobblestone street was a popular choice
with attendees and the wall to wall crowd kept the
party going into the wee hours of the morning.
Scene
from TrafficZ's official T.R.A.F.F.I.C.
party last night at the Water Street Lounge. |
The final full
day of T.R.A.F.F.I.C. New York is underway as we write
this. Moniker's main event live domain auction highlights
the daytime schedule with the annual T.R.A.F.F.I.C.
Awards dinner and a party hosted by Parked.com
headlining the evening line-up. We'll have some photos and
highlights from the Thursday activities in this column
tomorrow.
One other note
today. Yesterday we noted we had heard reports that GoDaddy
was one of two registrars (Enom being the other)
that caved in to Kentucky's demand that several
registrars turn over a total of 141 gambling related
domains without due process for their clients who owned
the domains - this even though Kentucky has no apparent
legal right to make such a demand. Today GoDaddy reportedly
said those rumors were not true and they did not
turn over any domains. If that is the case they are to be
applauded. Enom on the other hand is going to have some
explaining to do. There were calls from the podium at
several sessions today recommending that domain owners
move their domains elsewhere (with Moniker, who
refused to turn over domains, often cited as a good
choice).
(Posted
Sept.
25,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-25-08.htm |
When
the Snowe bill came along to threaten domain
owners we noted that would be just the first of
many gambits aimed at separating domain owners from their
assets. Now comes one |
|
that is even more outrageous
as the state of Kentucky is demanding that
registrars turn 141 gambling related domain names over to
that state, despite the fact that Kentucky has no
jurisdiction or valid claim to those domains. Scarier
still, two registrars, Enom and GoDaddy,
have reportedly turned customer domains over to
Kentucky, before their clients have even had an opportunity to
address this attempt to hijack their domains (Editor's
note: a day later Godaddy said they had not turned
over any domains). The Internet
Commerce Association met |
yesterday afternoon
in New York just before the T.R.A.F.F.I.C
conference got underway and ICA President Jeremiah
Johnston (who is an attorney) released this statement
on the matter: |
"The
Internet Commerce Association is aware of the extreme
concern of ICA members regarding the action of the
Kentucky Attorney General ordering the seizure of 141
gaming related domain names. It appears that there may be no
statutory basis for this unprecedented action, that
Kentucky may lack sufficient jurisdictional grounds and
that it also may violate the Commerce Clause of the
US Constitution. The ICA intends to immediately
investigate this matter, including outreach to affected
ICA members as well as to those registrars subject to the
Kentucky order. Once we have gathered additional
information, the Board will consider further appropriate
action to confront this dangerous precedent."
Michael Berkens has
been on top of this issue from the start and is posting
regular updates on his blog, The
Domains, which is highly recommended reading
on this and other industry issues.
(Posted
Sept.
24,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-24-08-2.htm
|
The
2008 T.R.A.F.F.I.C. New York conference got
underway last night with a good crowd on hand at the Brooklyn
Bridge Marriott. Attendance appeared to be about 50%
higher than at |
A
T.R.A.F.F.I.C. attendee samples a few of
the many delicacies laid out for the opening
night cocktail party in New York last night. |
the last T.R.A.F.F.I.C. show
in Orlando in May. The show got underway with the
traditional welcoming cocktail party in the Marriott's
grand ballroom. Conference organizers told me before the
show that the food at this conference would be beyond
belief and they more than met that promise in this opening
event. Attendees feasted on mountains of crab legs,
lobster, shrimp (approximately the size of turkey legs!),
sushi and a variety of other entrees and desserts. Amid
the lavish layout registrants enjoyed catching up with old
friends and meeting new ones.
Despite the near meltdown we
are currently seeing in the general economy, the mood in
the room seemed to be very upbeat and optimistic. The
sentiment I kept hearing expressed by just about everyone
I talked with was how fortunate we are to be in the business
we are in when so many other sectors are struggling to
stay afloat. Certainly everyone is concerned with what is
going on in the financial world at large, but |
the shift
of so much business to the web leaves most feeling that
there are few better ports in the storm than the one this
industry is currently providing. After
the cocktail party, the first of four live auctions that
will be held this week was staged by Moniker. com.
This brief no or low reserve opening night sale serves as
an appetizer for the larger sales that will follow.
Moniker wound up generating $99,450 in sales, with
more than 70% of their catalog (47 of the 65 names
listed) changing hands. The top sale was Men.org at
$12,500 followed by CashiersCheck.com and NetworkingJobs.com
at $7,000 each. Auctioneer
Wayne Wheat conducting Moniker's opening night live
auction. Moniker's
main live auction event will be held Thursday
starting at 3pm U.S. Eastern time. Meanwhile there is a
lot of anticipation surrounding the debut of two new live
auction providers who will stage their first sales this
afternoon. At 1:30PM RickLatona.com will stage a
90-minute auction and at 5pm Aftermarket.com will
present their sale, also scheduled for an hour an a half.
This evening a keynote speech from real estate giant Barbara
Corcoran (familiar to many of you from here
appearances on The Today Show) will
highlight a dinner sponsored by TrafficZ.
TrafficZ's official show party will follow and run into
the wee hours of the morning at a local nightspot. After
last night's Moniker auction, NameMedia invited
several dozen attendees to a late night social event at
the River Cafe directly across the East River
from Manhattan. The restaurant, located at the base
of the Brooklyn Bridge, offered a spectacular view of the
New York skyline from their terrace tables. Barbara
Neu shot this photo of Diana and I at NameMedia's
gathering at the River Cafe in New York last
night. |
T.R.A.F.F.I.C
New York continues through Friday morning. We will have a
daily post in this column with some of the highlights from
each day's activities. Late next week we will publish our
comprehensive review of show week with a more detailed
account of show events and dozens of photos that will put
you in the middle of the action.
(Posted
Sept.
24,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-24-08.htm
|
I've
spent the day clearing the decks so I can head
out tomorrow morning for New York and the T.R.A.F.F.I.C.
conference at the Brooklyn Bridge Marriott. I've
enjoyed all of the |
T.R.A.F.F.I.C. shows but this
one is shaping up to be an especially interesting one. How
will the debut of multiple live auction houses at the same
conference work out? What kind of impact will the near
meltdown in the general economy have on the auctions and
the show itself? Will the show's theme "Beyond PPC"
reveal any profitable new strategies to help offset the
universal decline in parking revenue?
It will definitely be an
interesting mix and when you throw in the opportunity to
see old friends again and make a lot of new ones, I'm
really looking forward to it. Incidentally, there will be no
Lowdown post Tuesday (Sept. 23) as I will be en route
from Florida to the Big Apple. Starting
Wednesday I will post daily highlights from the show in
this column and of course, as always, a few days after the
conference we will publish the industry's definitive show
review article. |
Marriott
at the Brooklyn Bridge
Site of T.R.A.F.F.I.C. New York 2008 |
There is
going to be a lot to talk about with very little downtime
is the days ahead (the show runs through Friday). As soon
as my plane lands Tuesday I'll be heading to the Internet
Commerce Association's annual meeting at the
Marriott. It starts at 4pm and any ICA members in
town for the show are invited to attend. The first
official T.R.A.F.F.I.C. event, the welcoming cocktail
party will get underway at 6pm, followed by the
first of four live auctions - this one a brief appetizer
run by Moniker that is scheduled to start at 7:30pm.
The auction will be followed by a few invitational
cocktail parties at nearby nightspots, so I'm sure the
first night will be a late one - but that is true of
every night at T.R.A.F.F.I.C.
In some other show notes,
Aftermarket.com has released their their final
sale catalog, joining Moniker
and RickLatona.com
who released their catalogs Friday. Aftermarket.com called
on DomainConsultant.com
to help cull their list of submissions and their catalog features DC's notes on the individual
domains they selected.
There are always sponsors who
use T.R.A.F.F.I.C. as a launch pad for new products. One
of the more interesting ones being rolled out this week
will be the new Domainer
Accreditation Program from LogicBoxes.com.
In a nutshell the program provides large domain portfolio
owners with consulting services that make it a snap for
them to become their own ICANN accredited registrar.
Bhavin
Turakhia
LogicBoxes CEO |
LogicBoxes
CEO Bhavin Turakhia said, "Apart from
the benefit of eliminating the ‘middle man’ (the
Registrar) between domain owners and their
portfolios, the Accreditation also provides them
with an unbeatable level of flexibility in portfolio
management and even opens up newer profit centers
for them."
LogicBoxes
said that one of their objectives is to dispel
several myths that exist about ICANN Accreditation
– the most prevalent one being that it’s
prohibitively expensive. Since few domainers have
the expertise required to obtain or maintain an
ICANN Accreditation and handle Registrar-related
issues like compliance, UDRPs, WDRPs, etc.
Logicboxes will provide them with an end-to-end
solution that requires minimal maintenance. Having
consulted over 65 ICANN Accredited Registrars, the
company has the experience and resources needed for
a turnkey solution. |
By the way, Bhavin is also
co-founder of Directi with his brother Divyank who
is profiled in our current cover
story.
One other thing before we
head for the airport, Sedo had announced the results from
their SedoCares "Wishing Well" Promotion,
inaugurated to help construct clean water wells in Ethiopia.
Sedo was able to contribute $11,466 to the
"Wishing Well", on behalf of each sale that
occurred in their marketplace throughout August. Half of
those funds, $5,733, will go to the winner of the
promotion, Chris Afton James, with the other half
going to CHF International who administers the well
building program.
(Posted
Sept.
22,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-22-08.htm
|
Between
the latest monthly premium domain auction at Sedo's
GreatDomains
and the quartet of live auctions that will be held at next
week's T.R.A.F.F.I.C.
conference in New |
York, a remarkable
number of high quality domains are being offered for sale
over the next seven days. The GreatDomains online auction
started yesterday with Fly.com, Bicycle.com
and Planet.com among the domains on the block.
Their auction will end next Thursday (Sept. 25) and
Sedo will be hosting an auction closing champagne
celebration at their T.R.A.F.F.I.C. conference booth at 1pm
on the 25th.
A couple of months ago we
heard rumors from credible sources that Sedo would likely
be one of the live auction presenters at T.R.A.F.F.I.C.,
however the company's Chief Operating Officer, Jeremiah
Johnston said, “Contrary to the speculation that
Sedo would be one of the auctioneers at the upcoming
T.R.A.F.F.I.C. Conference, we’ve decided to focus our
resources on our high-performing online auctions." |
Sedo
COO Jeremiah Johnston |
Though Sedo
is out of the T.R.A.F.F.I.C. mix, Aftermarket.com
and RickLatona.com
will be joining Moniker.com
in presenting live auctions next week. Moniker, who was
the sole live auctioneer at T.R.A.F.F.I.C. prior to the
upcoming event, will run two auctions in New York. Moniker
and Rick Latona have both announced their final auction
catalogs (available through their links above) and
Aftermarket.com has whittled their list down to the prime
contenders that were released on the DomainTools.com
blog yesterday.
Latona
introduced a new wrinkle by allowing bidders to start
bidding online a week before their Sept 24th live auction
in New York. The hammer on all of their domains will drop
there on the 24th (the same day Aftermarket.com's sale
will be held). It's going to be very interesting to
see how the multiple sales fare and we will of course be
there to cover it all for you.
(Posted
Sept.
19,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-19-08.htm |
If
you are a frequent reader you know that I see .com
city geo domain as the likely successors to
traditional local print, audio and video media outlets in
the years ahead. In addition to carrying the local
"brand name", a city geo domain provides a
platform that allows |
|
instant global dissemination
of any form of media at a fraction of the cost
required to do the same thing in a very limited geographical
area through today's newspaper, radio and TV platforms.
So, a new report from research firm Borrell
Associates stating that "independent city
dot-coms could emerge as a formidable foe to their
“more mature media brethren” came as no surprise to
me.
Borrell charges $995 for the
full report titled What’s a Web Site Worth?
Valuation Metrics For Local Web Sites, but there
is an excellent summary on the Associated
Cities website that is free. The AC article
notes Borrell's belief that "city dot-coms, as well
as other “pure-play Web sites” are better
positioned for growth than Internet assets developed
around local newspapers." |
"Firm
founder Gordon Borrell also indicated separately
that city dot-coms are logical acquisition properties for
media companies and that his firm will be making that
recommendation in the coming months." In my case,
Borrell is preaching to the choir - I have long been a
believer that this is where the media world is headed. In
addition to Associated Cities' excellent synopsis, a free
executive summary of the report, which was produced in
concert with the BIA
Financial Network, can be downloaded
here.
(Posted
Sept.
18,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-18-08.htm |
There
won't be a Lowdown post today...well, since
what I am writing now is actually a post, I should say
there won't be a domain related post today.
This is my wife Diana's birthday so I am going to
spend the day with her then take her out to dinner
somewhere we haven't been before. |
I spend so
much time behind the computer she doesn't see a lot of me
(other than the back of my head when she walks by my desk)
except on special days like this. Oh yes, and at domain
conferences. Diana usually goes to the shows with me - I
think primarily so she can see other human beings
once in awhile. My work habits severely curtail our local
social activities, so she likes to go along for the ride
when show time rolls around. Diana is looking forward to T.R.A.F.F.I.C.
next week in New York because it will give her
another opportunity to see some of the friends she has
made in the domain business and to hit the art
museums. |
Ron
& Diana Jackson |
Diana is a
painter, and that is great past time to have when you are
married to a workaholic. The fact that painting keeps her
happily occupied for hours at a time is good for me too
- I can feel a little less guilty about being
planted in front of a monitor and keyboard almost every
waking hour. She is a very patient and self sufficient
person and never hassles me about being neglected. I'm not
sure if that is because she is exceptionally understanding
or is just happy she doesn't have to deal with me too
often! In any case, we have had a great run that will hit
25 years next summer. I wouldn't have wanted to spend that
quarter of a century with anyone else.
(Posted
Sept.
17,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-17-08.htm |
It's
showtime again! The T.R.A.F.F.I.C.
New York conference gets underway one week
from today at the Brooklyn Bridge Marriott where
the event will run Sept. 23-26. This is
shaping |
Moniker
CEO Monte Cahn makes a point
at the company's T.R.A.F.F.I.C. live auction
at Disney World in Orlando last May. |
up to be an especially
interesting conference as show organizers Rick Schwartz
and Howard Neu take things in a new direction (they
talked at length about this in an exclusive interview that
we published in our latest monthly
newsletter that was sent out to opt-in
subscribers at no charge).
The most talked about change
is the scheduling of multiple live auctions, with Moniker.com
staging two (a brief one on opening night, Sept. 23, and
their main event on Sept. 25) that will compete with sales
presented on Sept. 24 by both Aftermarket.com
and RickLatona.com.
Moniker's Sept. 25 sale will include several high profile
domains from the .me registry including Buy.me,
Rent.me, Date.me and Love.me among
others.
Aftermarket.com called
on |
DomainConsultant.com
to help them fashion a a tight list that the DC folks say
"will be fast, focused and full of value, full of
‘deals’, full of excitement...This is not your
grandma’s domain auction!" Rick Latona is
bringing in a world champion auctioneer to run his event
and to undrescore that he is in the live auction business
to stay, Latona has already signed on to stage another
sale at the T.R.A.F.F.I.C.
Down Under conference coming up in Australia
November 18-20. |
Another
highlight of T.R.A.F.F.I.C. New York will be a keynote
speech from real estate expert Barbara Corcoran, a
frequent guest on NBC's Today Show. Corcoran is going to talk about the links between real world and virtual
property. A major end user, Brad Geisen, will also
be there to talk about his purchase of Foreclosure.com
and how that led him to buy Property.com in what
the parties involved say is one of the most valuable
domain deals on record. Many details of that deal will
reportedly be discussed and disclosed for the first time. Wall
Street Journal Online reporter David
Kesmodel will also be on hand to sign copies
of his book, The Domain Game.
There are lots of reasons why, despite the proliferation of shows, it is still well worthwhile to make it to one whenever you
can. I likely never would have met the subject of
our new September
Cover Story, Divyank Turakhia (or
most of are other previous Cover Story subjects) if
T.R.A.F.F.I.C. had not appeared on the scene in 2004
to provide a central location where like minded
people could meet face to face to get acquainted,
compare notes and do business. The opportunity to
personally connect with so many key players in one
place at one time is priceless.
While
we are talking about conferences it is a good time
to note that the February 19-21, 2009 Domainer
Mardi Gras show in New Orleans that we
told you about a few weeks back now has a live
site online |
Divyank
Turakhia |
with
more conference details. The event, staged by Parked.com
and Modern Domainer Magazine will be
held at the Westin Canal Place Hotel adjacent
to the French Quarter. Given the New Orleans
location, the time frame (which is the weekend
before Mardi Gras) and the track record of the
people putting it on, you can bet that this event
will be a blast.
(Posted Sept.
16,
2008) To
refer others to the post above only you can
use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-16-08.htm |
|
BusinessWeek
magazine has named California domainer Daniel
Negari as one of America's
Best Young Entrepreneurs for 2008. The popular
magazine does an annual round up of the |
most promising future moguls
from the 25-and-under age range. BusinessWeek said,
"We asked BusinessWeek readers to
nominate candidates aged 25 and under who are running
their own companies that show potential for growth and
establish the talent of the founders behind them. Given
the current credit crunch and the ailing economy, we were
pleased to receive a record number of nominations this
year."
After sifting through the
nominees, BusinessWeek selected its finalists and now the
public is voting to determine the winner. The field will
be reduced to the top five vote getters who will be
announced at the end of this month. You can vote
for Negari here (Negari and his company, Beverly
Hills Mint, are the fifth entry on the ballot). |
Daniel
Negari
(Photo from BusinessWeek.com) |
Beverly Hills
Mint is a high-end real estate finance business brokering
commercial and residential loans worth $5 million
or more. The company now has 14 commission-only brokers
and two employees. Negari says Beverly Hills Mint took in $650,000
in 2007.
Though Negari's domain
investments are not mentioned in the BusinessWeek profile,
the 2006 Southern Cal graduate has become
active in this industry and many domainers have gotten to
know him through the private domain forum at TargetedTrafficForum.com
and as an active bidder in aftermarket domain auctions.
(Posted
Sept.
15,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-15-08.htm |
Every
two years the esteemed Pew Research Center
in Washington, D.C. releases the results of an
exhaustive survey that reveals where people go to get
their news and information. The latest
biennial report has some fascinating data that
goes beyond confirming the migration of news consumers to
the web that we are all familiar with. It also shows that
the demographics of the web audience is far more
attractive to advertisers than the audience still
relying on traditional media. |
|
Pew broke
survey respondents into four distinct categories:
-
Integrators
(23% of the public) - they get their news from
multiple mediums led by TV, radio and the Internet.
-
Net-Newsers (13%)
- It's the web only for the younger crowd.
-
Traditionalists
(46%) - They stick to old school media.
-
Disengaged (14%)
- They have little interest in news no matter where it
comes from.
|
While the traditional sector
is still the largest, it is rapidly shrinking and
those users are the oldest with an average age of 52.
In addition, they are the least educated. 60% have
no more than a high school education and 43% are
unemployed. By contrast, the Integrators are affluent
and highly educated. The Net-Newsers are also
affluent and even more highly educated (eight of
ten have at least some college). The Net-Newsers are also
the youngest with an average age of 35.
These are the consumers advertisers covet and that
is why ad dollars are flooding the web (and a big
reason why domain values have held up well in the midst of
a major economic downturn).
Since
the1990s, the percentage of Americans who say they read a
newspaper on a normal day has plunged by almost 40%;
the percentage that regularly watches network TV news each
night has fallen by 50%. The statistics are
stunning and there is a lot more interesting
demographic data in the full
article, so check it out if you want to learn
more about why the place you do business - the Internet -
is the place to be.
(Posted
Sept.
12,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-12-08.htm |
The
product of another joint venture between a
premium generic domain name owner and a partner with site
development, capital and business relationship expertise
has been unveiled at |
SlideShow.com.
In June Domain owner Gil Benatar contributed the
name to the Slideshow.com, LLC that is jointly
owned by Benatar and Domain
Strategies. Within two months the
attractive fully developed site for for posting, sharing
and publishing presentations and pictures was up and
running.
Domain
Strategies President and CEO Scott Fasser
said, “We combined technology from Identity.net
for single sign-on, iPaper for publishing from Scribd.com,
open source image management, as well as proprietary
content in order to create Slideshow.com.” Funding
for the site came from Rob Monster's Seattle-based
Monster Venture Partners.
Monster
said, "Gil has been an ideal business partner for
this venture, not only because of his contribution of the
premier domain name in the
|
Scott
Fasser
Domain Strategies President/COO |
space, but also for his 20
years of knowledge and expertise in the development of
presentations and communication tools. The initial site is
a foundation for growth into the premier online utility
for posting and sharing presentations in a secure
environment using the Identity.net user management
framework.”
|
Benatar said, “I was
interested in building a great business on the
Slideshow.com domain and the approach by Rob Monster
and Scott Fasser of Domain Strategies was the
perfect fit for my situation. The fact that we were
able to research, plan, build and launch a
relatively complex site within a couple of months
was very impressive.” |
You'll
be hearing more and more stories similar to this one
as owners of top domain names enter partnerships to
get their properties developed. I am aware of
several such projects currently underway that
involve well-known domain owners. Partnerships like
this are the logical next step beyond PPC for those
looking to take their assets to another level and
free themselves from dependence on Google or Yahoo.
(Posted Sept.
11,
2008) To
refer others to the post above only you can
use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-11-08.htm |
|
Sedo.com
has announced they recently brokered the $500,000
sale of LI.com. That will rank among the year's ten
biggest sales when we chart it in our weekly sales report
next Tuesday |
|
night. The news was included
in a Sedo press release this morning about the September GreatDomains
premium online auction coming up Sept. 18-25. That
sale will feature Fly.com, Planet.com, Brews.com,
Gaps.com and Address.net among others. |
The domain
aftermarket continues to hold strong despite the downturn
in the general economy and falling PPC revenues in the
domain industry. Sedo CEO Tim Schumacher said,
"We have seen increased participation each month, a
higher percentage of domains sold and higher average sale
prices, and this latest auction will build on our success."
Our latest weekly
domain sales report provides further evidence
of continued interest in high quality domain names. Our
new Top 20 chart is headed by a trio of six-figure sales,
led by RVRental.com at $325,000.
(Posted
Sept.
10,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-10-08.htm |
A
founding member of the Internet
Commerce Association, Rick Schwartz,
has announced his resignation from the non-profit domain
industry trade group. Schwartz detailed his reasons for
leaving in a post on his personal
blog today. Schwartz concluded his post by
saying "The bottom line is I had very little
influence inside and sitting at the table. I am hoping I
can do more to shape things from the outside." |
As an ICA
board member (I accepted an invitation to serve as an
independent director a few months after the organization
was founded in the fall of 2006), I knew Rick's
announcement was coming and the reasons for his decision.
Like so many domainers, Schwartz is a self-sufficient
entrepreneur who is used to calling the shots and seeing
immediate action as a result. Running an organization by
committee, as is the case with the ICA, can be extremely
frustrating for anyone who is used to running their own
business.
As everyone knows from his public
comments, Schwartz has strong opinions about
how things should be done and he has never shied away from
voicing his opinions in board meetings as well as in personal
discussions we have had about the ICA. I have always
respected him for |
Rick
Schwartz |
his candor and there are
points he and I firmly agree on, especially the need to
see much better daily communication between the ICA and
the domain community.
I still believe the ICA is
the best hope for the domain community to survive the
increasing assault they are facing from forces who
completely missed the domain opportunity, but now want to
change laws and policies so they can take domain owner's
assets away from them. If there had been no ICA, odds are
the Snowe
bill would have sailed through Congress
unopposed this year, leaving domain owners in dire
straits. Many similar and even more threatening challenges
lie ahead.
Without question the ICA
can be improved and the best way to do that is for
more people to get involved and step into
leadership positions. The current board will vote in the
next annual meeting (to be held this month at T.R.A.F.F.I.C.
New York) to expand the board so more people
will have a role in determining the group's direction. The
ICA can be shaped entirely by the community, but only if
more community members get involved.
So, do I think Schwartz
was wrong to walk away? Not at all. In fact I think that
the hope he stated, that he could be more effective from
the outside, could indeed be the case. As with all
outspoken figures Schwartz has his supporters and his
detractors. Many of the detractors refused to support the
ICA effort for the sole reason that Schwartz was involved
in founding the group. They mistakenly believed that the
ICA was somehow a vehicle to further his personal agenda
(and the agenda of other founding members). It has never
been that, and this break should make that obvious to
everyone.
|
The founders envisioned
an organization that would give domain owners
strength through unity. Unfortunately, being the
independent lot that they are, only a fraction of
domain owners have heeded Ben Franklin's sage
comment during the American Revolution, "If we
don't hang together we shall hang
separately." |
I'm
sure that Schwartz will remain vocal about what he
thinks the ICA should be doing and the ICA would do
well to consider his comments and those from
everyone else in the community in setting the course
ahead. However as with any other group effort, no
one is going to get everything they personally want.
Compromise, as unpalatable as it can be at times, is
often necessary to keep an organization intact. The
key is whether those compromises end up producing
something that is stronger and more beneficial to
all members than the alternative - leaving an
unattended gate wide open for enemies to flood
through. |
For his part, Schwartz has
done nothing but generously contribute both time and money
(more than $100,000) to the ICA effort. If the
organization continues to grow and improve and become what
everyone wants it to be, Schwartz will deserve much of the
credit for that. It is regrettable that he feels he can no
longer support the association, but for the long term
health of the ICA, I think it is good for the leadership
to keep changing so that the community can see an
organization that represents ideas and the
common good, rather than any person or group of
individuals.
In just two years, four
of the original six founders have already left the
board - Schwartz, iREIT, Straat
Investments and Frank Schilling (though
Schilling still makes a no strings attached founding
member level contribution to the organization each
year). New members have come onboard and more are
wanted. By January I will have spent two years as an
independent director. I am certainly willing to step
down and let another fresh face fill that
role. The cause, protecting domain owners and
their rights, is what is important. If, like
Rick Schwartz, you believe that cause is not being
served well enough now, you can help fix
that. |
Former
ICA Board Member and
current supporter Frank Schilling |
(Posted
Sept.
9,
2008) To
refer others to the post above only you can
use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-09-08.htm |
|
The
.pro registry relaunched the seldom-used
extension this afternoon with lower price points that .pro
backers hope will generate some interest. One of the
primary .pro registrars, Encirca, |
|
is charging $24.99 for
the first year of registration, with subsequent years
priced at $49.99 each. Still extremely pricey
compared to .com but less than previous .pro levels
that were around $99 annually. Registry
restrictions |
have also been eased. .Pro
was originally aimed at licensed professionals who could
show valid credentials but now looser
"self-certification" means if you claim to be a
licensed professional they will take your word for
it.
Bido.com, one of
the scheduled live auction providers for the T.R.A.F.F.I.C.
New York conference coming up Sept.
23-26 has pulled out. Bido recently suspended
online auction sales on their site due to ongoing
technical issues. That leaves Moniker, RickLatona.com
and Aftermarket.com as the live auction
providers at this show - the first to feature live
sales produced by competing venues. In addition to
their main sale on Thursday Sept. 25, Moniker
will be running an opening night auction Tuesday
Sept. 23 that is to feature approximately 50 domains
from the private collection of conference
co-founders Rick Schwartz and Howard Neu. |
|
.Mobi
fans might be interested in a trade show coming to San
Jose Oct. 6-7 called the Mobile
Content & Marketing Expo. A two-day
pass to the event at the San Jose Marriott
costs |
Skip
Hoagland |
$995. A one-day
pass is $595 but admission to the Expo Hall
and certain special events will be free if
you register before Sept. 24 ($50 if
you register after that date).
Finally today,
congratulations to Skip
Hoagland on a new partnership that will
have him involved in developing Cairo.com.
Hoagland told us Cairo.com will be developed by
Geo Domains New Media, a division of his
primary company Domain New Media LLC.
Hoagland said "this will add to our Middle East
partnerships and network which include Alexandria.com,
Amman.com and TelAviv.com. Cairo.com
is a huge global tourist destination and we are very
excited about this newest addition to our company.
We will offer services to others who do not have the
desire or time to develop these valuable assets
and at the same time do not want to sell them
either." |
(Posted
Sept.
8,
2008) To
refer others to the post above only you can
use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-08-08.htm |
|
Parked.com
hosted a dinner party last night in Tampa,
Florida where the well-known domain monetization
company is based. Clients and domain owners from around
the Sunshine State were invited to the event at Jackson's
Bistro on Harbour Island, overlooking the Hillsborough
River.
Photo
above: Some of the Florida domain owners at a Parked.com
dinner party Thursday night (Sept. 4) in Tampa.
Photo
below: At far left CEO Sig Solares and Christian
Higgins were among the Parked.com
team members who welcomed guests from the Tampa Bay area
and other parts of the state.
T.R.A.F.F.I.C.
Co-Founder Howard Neu, his wife Barbara and
son Ray (who has become an avid domainer) traveled
the furthest distance, driving over from Miami. Internet
Commerce Association Executive Director Michael
Collins also made the trip, driving in from Orlando.
Parked hosted the casual affair to give local domain
owners a chance to get together with each other and,
despite living in the same area, some were meeting in
person for the first time.
Facing
the camera in the photo above are (left to right) Butch
Decossas (Parked.com),
Howard Neu, Barbara Neu, Diana Jackson
and Ray Neu. In the foreground facing
away
from the camera are Parked.com's Monte White (left)
and Sig Solares (right). |
As the domain
industry continues to grow, local gatherings like this
will become more commonplace. Everyone on hand had a great
time and truly appreciated Parked.com's role in bringing
everyone together.
(Posted
Sept.
5,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-05-08.htm |
Verisign has released
their latest quarterly Domain
Name Industry Brief covering the second
quarter of 2008. The new report shows demand for domain
names continuing to surge. |
At the conclusion of 2Q 2008 168
million domains were registered worldwide, a 22%
jump over the same quarter last year. Despite a
deteriorating general economy, this also represents a 4%
rise over the number of registered domains at the end of 1Q
2008.
One of the hottest growth
areas was .com and .net registrations in Latin
America. In 2Q 2008, those enjoyed a cumulative surge
of 31%, outpacing worldwide growth for .com and
.net by 11 percentage
points. |
|
Country
code domains also continued to show solid growth. 65
million ccTLDs were registered at the year's midpoint,
a 27% jump from the last year and a 4% rise
since the last quarter.
The ten largest TLDs
in total registrations remained in the same order they
were in the previous quarter: 1) .com 2) .de 3) .cn
4) .net 5) .uk 6) .org 7) .info 8)
.nl 9) .eu and 10) .biz.
(Posted
Sept.
4,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-04-08.htm |
Is
the world ready for still another domain conference
- especially one that will be staged on just four weeks
notice? Before you run screaming for the exits, hear
me out. According to |
information we received this
afternoon, the first Canadian domain conference of
its kind, Domain
Convergence, will be held in Niagara Falls,
Ontario October 6-8. In addition to giving our
friends north of the border a meeting of their own, the
fact that this one is being organized by industry veteran
Frank Michlick means it is worth taking a look at.
Frank is the co-founder of both SharedReviews.com
and DomainNameNews.com
and also operates an industry events calendar at DNCalendar.com. |
|
Frank
Michlick
Domain Convergence |
Michlick said
"The focus of the Domain Convergence conference is to
foster an open information exchange. Too often in our
industry there is an air of secrecy and mystery. This
conference is a forum for people of all portfolio sizes
and earning levels to come together and share their
insights." Michlick added that the conference will
focus on domain name development and monetization as well
as domain portfolio management.
Domain Convergence will be
held at the Marriott Fallsview & Spa in Niagara
Falls, Ontario, Canada. Early bird registration is
available through September 10. A limited number of
rooms are available at a reduced rate of $179 and
can be reserved through the conference information line (800)
614-3780. In addition, there are a few sponsorship
opportunities still available.
|
I
hope all of our U.S. readers had a relaxing and
enjoyable Labor Day weekend. I took the name of the
holiday a little too literally and spent most of
the 3-day holiday weekend working. The results are in our
latest monthly newsletter that went out to opt-in
subscribers Saturday |
and a new feature article
about David Kesmodel, the author or The
Domain Game, that was published yesterday. I think
you will find both of those pieces well worth
reading.
In the story
on Kesmodel, the author talked about the string of obstacles
he had to overcome to get his landmark book about the
domain industry into print. The Wall Street Journal reporter
told us how he managed to keep the book alive after the original publisher bailed out, what he would do differently if he had a second chance and what the domain industry can do to clean up its image.
Our new
newsletter started out as a preview of this
month's T.R.A.F.F.I.C.
conference in New York, but quickly grew into
something bigger. While talking with us |
David
Kesmodel
Author of the The Domain Game |
about the show's agenda and
"Beyond PPC" theme, T.R.A.F.F.I.C.'s
outspoken co-founder Rick Schwartz sounded off on
what he sees as a series of major threats facing the
domain industry.
Rick
Schwartz
T.R.A.F.F.I.C. Co-Founder |
Schwartz laid into
cyber squatters, PPC companies, registrars and even
"show fatigue." Whether or not you plan to
be in New York for the Sept. 23-26 show, the
points that Schwartz raises are thought provoking
and worth discussing (as many are currently doing in
threads at the three major domain forums; DNForum,
NamePros
and DomainState).
One other note today, Due to the Labor Day holiday in the U.S. Monday, this week's sales column will be published
one day later than usual - on Wednesday night (Sept. 3). We normally receive sales data reports from the leading aftermarket venues each Monday, then write the column on Tuesday for publication that night. With the U.S. based companies closed Monday it was necessary to shift the production schedule accordingly. |
(Posted
Sept.
2,
2008) To
refer others to the post above only you can
use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-02-08.htm |
|
HOT
LINK: The concerns of all Americans on
this Labor Day holiday are with our countrymen in New
Orleans and along the Louisiana coast where
category 3 Hurricane Gustav is hitting today. An Intercosmos
Media Group team including Parked.com
CEO Sig Solares is currently at the company's high
rise office in New Orleans where they are posting storm
information on a live blog at GustavBloggers.com.
(Posted
Sept.
1,
2008) To
refer others to the post above only you can use
this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-01-08.htm |
|
If
you've been out of the loop lately, catch up in the Lowdown
Archive!
|
We need your help to keep giving domainers The
Lowdown, so please email [email protected]
with any interesting information you might have. If possible,
include the source of your information so we can check it out (for
example a URL if you read it in a forum or on a site
elsewhere).
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