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The
Lowdown
February
2013
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Here's
the The Lowdown from
DN Journal,
updated daily to fill you in on the
latest buzz going around the domain name
industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
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.CO.UK Rescued,
.ORG Rockets, Dr. Chris Hartnett Sparkles & Igal Lichtman's Light Shines On
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British
flags image from Bigstock
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A
lot of good news
crossed our desk in the past 24 hours. It was
especially good to see sanity prevail
when Nominet, the administrator of Great
Britain's iconic .co.uk domain
extension, at least temporarily, back
away from its widely
reviled plan to sell .uk
domains (a move that would instantly devalue
the millions of .co.uk domains that have
already been registered). The scheme to sell .uk
domains (at grossly inflated prices) ran
aground after a wave of complaints from
current .co.uk registrants washed over Nominet.
.co.uk is still not out of the woods yet, as Nominet
said it will continue
|
to study ways to sell .uk separately that would
cause less damage to its existing customer base.
As always, vigilance will be in order
here for every business and individual invested
in the well established and widely respected .co.uk
namespace.
While .co.uk
dodged a bullet, the .org extension
apparently spent the second half of 2012 speeding
like a bullet. The Public
Interest Registry, who
administers the popular .org TLD, said in
its latest semi-annual Dashboard
report that the number of .org
registrations soared by almost 12%
in the final half of last year. |
|
.Org
added over 416,000 registrations
over the entire year with a lot of that
surge credited to fast growth outside of
its core North American and European
markets. From 2010 to 2012, newly created
.org domain names in Asia, Australia
and the Pacific Region grew by 47%,
followed by Latin America at 25%
and Africa at 23%.
Public
Interest Registry CEO Brian Cute
said, “We had a very successful 2012,
which included reaching a remarkable milestone
with the registration of our 10
millionth .ORG domain and the outlook
for 2013 looks just as bright both
domestically and abroad."
Dr.
Chris Hartnett |
I've
always been amazed by the diverse
skill sets so many men and women
in our industry have. Those
renaissance men and women often
excel in areas far beyond the domain
space. Take, for example,
T.R.A.F.F.I.C. Domain Hall of Fame
member Dr. Chris Hartnett
who was profiled in one of most
popular Cover Stories ever in June
2008. I mentioned
Chris's expertise in gemology
in that article five years ago and
he remains a widely respected expert
in that field.
That
was underscored again today when Southern
Jewelry News published a
profile about Dr. Hartnett titled In
the Pink - The Morganite Millionaire.
The fascinating story details
Chris's remarkable history with
precious gems and, in a telling nod
to his top priority in life, they
kicked off the article with a photo
of Chris with his four most
precious gems - his wife of 34
years, Linda, and their three
lovely daughters. |
|
There
are certain special people who shine
even brighter than the most
expensive diamonds. We lost one of
those 10 days ago when industry
giant Igal Lichtman passed
away after a fierce battle with
cancer. A lot was written about Igal
in the immediate hours after that sad
news broke, and now one
of the most touching tributes to the
man has been added to a special
memorial page on the
most prized website in his marvelous
collection - Jerusalem.com, an
ambitious site he co-founded with
his beloved wife Michal.
The
tribute noted, "Igal was a
brilliant entrepreneur who always saw
an opportunity where others did not.
His spirit and light were so strong
that one could not remain passive in
face of it."
"We
at Jerusalem.com will miss you
greatly Igal. You have been our inspiration
and strength |
Igal
Lichtman |
and
your support and teachings will
continue with each and every one of
us. We are thankful to have met a
true visionary and thankful for
the amazing opportunities you have
given us all. As we continue forward
with Michal, to realize your
joint dream, we will remember
and feel you always. We hope
to make you proud and follow in your
footsteps." |
|
|
(Posted February
28, 2013)
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|
New
Service Offers Short Term Cash Loans Secured by
Your Domains & Financing for New Purchases
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inteLend
Founder Matt Collins
|
While
I was at the Webfest
Global
conference earlier this month I had a chance to
chat with attorney Matt Collins who has
launched a new financial services company at inteLend.com.
Collins designed the business to serve
intellectual property owners, especially those who
hold quality domain names and/or revenue
producing websites. inteLend's
service is much different than the long term
domain financing model pioneered and dominated by DomainCapital.com.
Collins has gone in the opposite direction,
offering short term (usually one month) cash
loans, as well as financing of new domain
purchases (deals that can be paid off or
renewed on a month to month basis). While
inteLend is a new company, Collins, is no novice
in the short term financing and online
business field. He helped DigiPawn.com
get off the ground and went on to serve as Legal
Counsel for a wide variety of ecommerce companies.
Collins said he kept encountering people and
companies who, even though they owned
valuable domains, patents or other
|
intellectual
property, got the cold shoulder from
traditional lenders when they needed access to
capital. He founded inteLend to fill that gap.
I
asked Matt for more details on the two services
inteLend offers - 1) cash loans and 2) financing
of domain purchases. For loans, Collins said,
"We advance cash on domains that have
intrinsic value as well as websites that generate
cash flow - the higher the value of the
collateral, the more we can advance on any given
deal. Once
we agree on the financial terms with the client,
the client forwards the domains to us in our
registrar account and we wire transfer the money
to the client."
"Since
the name servers are unaffected, the
client continues to operate his business as
normal," Collins said. "inteLend.com
can never “call” the deal or force a client
into a default, meaning the client can close out
the deal whenever ready. More importantly, the
client can continue to renew the deal every
month for as long as the client wants to do
so."
For
those interested in the company's other
service - helping to finance new
purchases, Collins said, "In this
situation, inteLend.com will loan up to
70% of the purchase price. The
buyer will need to put down at least 30%
so that he will have a real ownership
interest and thus will not be likely to
default on a deal."
Collins
acknowledges that inteLend is not for
everyone. As with short term financing
providers in other fields, interest rates
are high. However, Collins cited
several reasons why many will find the
cost is justified: |
Make
money online image from Bigstock |
1.
There is never a credit check.
2.
Cash advances are made solely on the value of
the assets so personal credit is never going to
be involved.
3.
Whether a client needs $500 or $5,000,000, we
stand ready to help as we have vast financial
backing in order to do deals of any size.
4.
A client will get a decision and/or offer within
one business day.
5.
While the domain is the collateral for every
deal and is held by inteLend.com curing the term
of the deal, the client still gets full use of
the domain and has control of the name
servers.
6.
The client has maximum flexibility to decide
every month whether to pay off or renew the deal
so every deal is on a month to month basis.
If
you would like to hear an in-depth discussion of
inteLend's services, checkout the video
interview that Michael Cyger
did with Collins for DomainSherpa.com. Matt
can also be contacted via email at [email protected].
One
other thing - if you run a website, you might be
able to profit from inteLend's arrival on the
scene, even if you never have a need for the
company's financial services. Collins said,
"We have an affiliate program where
affiliates can refer friends and associates to
our service and earn a commission for every deal
that is done. As an affiliate, the commissions
can be very lucrative as we pay 3% of every
deal an affiliate brings to us. This
commission is payable after the client pays the
first month’s finance charge." You
can check out http://intelend.com/affiliate.php
for more information on the inteLend affiliate
program.
|
(Posted February
26, 2013)
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NameMedia
Chairman and CEO Kelly Conlin in Line for a
Board of Directors Seat at a Major Media
Conglomerate
|
As
a
life long fan of all kinds of media,
one of the people I most look forward to
seeing and chatting with at domain
conferences is NameMedia
Chairman and CEO Kelly Conlin.
Kelly is one of the few high level
executives who has very successfully
transitioned from traditional media to the
digital media world and is completely
comfortable on both sides of the
fence.
Before
coming to NameMedia (the parent company of
domain industry powerhouses Afternic
and BuyDomains),
Conlin filled leadership roles at some of
the world's iconic media outlets including
CNN, where he was the Chief
Assignment Editor in New York during the
network’s start-up era, and the New
York Times, where he worked on
both the editorial side of the newspaper
and on the business side of the company’s
magazine group.
Kelly
went on from there to serve as President
(and later added CEO duties) at IDG,
the world’s leading technology media
company, with more than 500
targeted publications, websites, |
Kelly
Conlin
NameMedia Chairman & CEO |
subscription
research services and events in more than 85
countries. In his last stop before
coming to NameMedia he was the President
and CEO at Primedia, the country’s
leading special interest media company,
with more than 100 brands
operating through print, online, event and
video platforms. |
Having
been named one of the Top 5 executives in the
entire business publishing field by Media
Industry Magazine, the Harvard
Business School graduate's advice and
counsel is valued throughout the media world.
That was illustrated again today when the E.W.
Scripps Company, one of America's
biggest newspaper and TV ownership groups,
announced
that Conlin has been
nominated to serve on the Scripps board and will
stand for election by the Common Voting
shareholders at the May 1 annual
meeting.
|
|
Scripps
reached out to Conlin in the course of
some major board changes at the
90-year-old Cincinnati based company. Nackey
E. Scagliotti, a great-granddaughter
of the founder, Edward Willis Scripps,
notified the board that she will retire
from service after the annual meeting and
will not stand for re-election. The
board’s nominating committee has
recommended that Rich Boehne, who
has been the CEO and a director since
2008, replace Ms. Scagliotti as the board’s
chair. With the CEO serving as chair, the
board will also select a lead
independent director from among the
directors elected in May.
Scripps
owns and operates 19 television
stations in |
markets
including Denver, San Diego, Detroit,
Phoenix, Cleveland, Cincinnati and my home
town - Tampa, Florida, as well as 13
newspapers in cities including
Memphis, Knoxville, Naples, Florida and
Corpus Christi, Texas. As the company
positions itself to adapt and grow in a
new media world they couldn't have a
better advisor on board that Kelly. |
|
(Posted February
25, 2013)
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|
|
Today's
Riddle: What Do Domainers, Escrow.com, Fender
Guitars, Giving, Geddy Lee, Rush and The Rock
and Roll Hall of Fame Have in Common?
|
One
thing I've always loved
about the domain business is the fact that there
are so many very successful people in this
industry that have not forgotten where they
came from. They appreciate what they have
and they generously give back to more
causes than you might
ever
imagine. In the past year alone they've
donated tens of thousands of dollars to
the good work of The
Water School, an organization
I've frequently written about because I
know it is a charity where 100% of
the donations go to the people the money
is intended to help.
That
is just one example of many though.
I'll tell you about another one, but
probably should first explain why that one
immediately caught my attention. Those of
you who are familiar with my background
know that I am a big music fan and ran my
own retail record stores in Florida for
many years. I've got a Fender
Stratocaster hanging on my office wall
(that's it at right) with a Fender
Mustang amplifier sitting right below
it and a stack of Learn to Play Guitar
books on an end table next to it. That's
right, I don't know how to actually
play it! However, one of the top
things on my bucket list is learning to
play a tune on electric guitar.
I
dream of it being something like Jimi
Hendrix's version of "All Along
the Watchtower" (Jimi played a white
Fender Stratocaster at Woodstock)
but I know it will more likely be along
the lines of "Mary Had a Little
Lamb" - but that's OK! I just
want to play something and I want
the equipment and instructions sitting
there to keep taunting me until I
make time to start learning. |
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|
|
So,
what does that have to do with domain
people giving back? I'm glad you
asked! As it happens the Fender
Music Foundation (FMF) runs a
program, that, like The Water School,
makes sure every penny donated is
used to put musical instruments in the
hands of students enrolled in music
education programs around the
country. Over the past seven years more
than 187,000
budding musicians have benefited from the
program.
As
for the domain connection, Escrow.com,
a company that just about every domainer
has used at one time or another in the
process of selling their names, played a
key role in the FMF's latest fundraising
effort. |
|
Escrow.com
handled the sale of a black
Fender Geddy Lee Jazz Bass Guitar
autographed by the Rush bassist
and vocalist, Geddy Lee
himself, along with fellow band
mates Alex
Lifeson and Neil Peart (all
three of whom will be on hand when Rush is
inducted into the Rock and Roll Hall of
Fame in April 2013). The sale raised over
$10,000 after the guitar was auctioned
off through Reverb.com.
Escrow.com
initially got involved in the auctioning
off of the guitar after hearing about the
effort from one of their staff members,
General Manager of Emerging Markets Andrew
Sokol, who sits on the Board of the
Fender Music Foundation as the Chairman
of the Grants Committee.
Escrow.com
President Brandon Abbey (through
whom Escrow.com also contributed to The
Water School's WaterShave
fundraisers when they began
last year and did so again this year) said
"The Fender Music Foundation is yet
another organization we are passionate
about. We just recently co-sponsored a
golf tournament that raised $120,000
for the Semper
Fi Fund and America's
Fund (both of which benefit
injured |
Above:
Rush drummer Neil Peart autographing the guitar sold by Escrow.com.
Below:
a close up of the autographed guitar
that went for over $10,000.
(Photos
courtesy of Reverb.com who ran the
guitar auction on their site).
|
and
ill members of the U.S. Armed Forces
and their families) and when Andrew
approached me with the idea to sell the
bass to benefit the Fender Music
Foundation, it simply fit right into our
model of wanting to help others."
(You can read more abut the sale of the
guitar in this pre-sale announcement). |
Kudos
to the folks an Escrow.com and everyone else
in our business who do us all proud by
supporting so many worthy causes. As Winston
Churchill once said, "We make a
living by what we get. We make a life by
what we give."
|
(Posted February
22, 2013)
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|
DomainMarket
President Chad Bennett Resigns, Protrada
Partners With DomainPower and .US Registry Up
For Grabs Again
|
Chad
Bennett,
who served as President and Chief
Technical Officer at Michael
Mann's aftermarket sales venue, DomainMarket.com,
for the past 10 months has stepped down from
that position. Bennett has decided to
devote
all of his time to Lancera.com,
an IT outsourcing company he founded in 2011.
Bennett said Lancera now has over 70
full-time employees with three offices in the
U.S. and the Philippines. Bennett
was proud of the growth DomainMarket has
experienced over the past year, telling his
Facebook friends, "In the short time I was
there we doubled e-commerce revenues and
traffic to the website, increased monthly
revenues by over 160%, lowered our
expenses by tens of thousands a month and had
created a completely new internal system to
manage DomainMarket's portfolio of over
335,000 domains. The
testimonials page at Lancera includes comments
from several of Mann's businesses
|
Chad
Bennett
Lancera.com Founder
|
(including
DomainMarket.com and SEO.com), as well as
his well-known non-profit organization, GrassRoots.org. Lancera
has also done work for multiple Fortune 500 and
INC 500 clients.
|
Innovative domain name treading platform Protrada
has announced a new partnership with DomainPower.com
(a Domain Holdings, Inc. Company).
The deal paved the way for
DomainPower’s monetization solution to
be integrated into the Protrada platform,
allowing the company's clients to monetize
their domain assets and access reporting
from within their Protrada account. The
integration also |
|
completes
the domain lifecycle ambitions of
Protrada, allowing members to research,
bid, buy, sell, backorder, appraise,
market, manage and monetize domains all
from one centralized
platform. |
Protrada
CEO Troy Rushton |
DomainPower CEO Jason Boshoff said, “The DomainPower
monetization decision engine predicts and
optimizes so that traffic generated
through domains will yield the highest
revenue among our large advertiser base.
Working with Protrada has been a pleasure
and DomainPower is confident in our
ability to help Protrada clients earn
more.”
Protrada
also recently launched an education and
training division which aims to
assist new domain investors grasp the
fundamentals of domain investing within
weeks. Protrada CEO Troy Rushton said “We have been very focused
on attracting new domain investors and it’s
now possible for our members to learn
and earn all from one login. Our new
education and support program allows us to
more aggressively |
pursue new audiences beyond traditional domain investors, which
positions us for exciting growth over the
coming years.”
The
contract to operate the .US
registry (America's country code TLD)
is up for grabs again. Neustar's
current contract to administer .US
expires August 31, 2013 so
the U.S. Department of Commerce’s National
Telecommunications and Information
Administration (NTIA) is now
soliciting |
|
public
comments that they said
"will inform the procurement
process leading to the award of
a new usTLD contract”.
If you
want to weigh in, pro or con, on how
.US has been run in the past and/or
what attributes should be required
of the eventual winner of the
registry contract you will want to do
it now. The final day comments
will be accepted is coming up March
4, 2013. Detailed information on
how to send your opinions can be
found on this
page. |
|
|
(Posted February
2
1, 2013)
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|
Large
Gathering of Friends and Family Honored Domain
Industry Giant Igal Lichtman at Funeral Service
in Livingston, New Jersey This Afternoon
|
Earlier
today
I wrote about the sad
news that domain industry
giant Igal
Lichtman had passed away
Monday afternoon (February 18, 2013) after
a long battle with cancer. The funeral
service was held this afternoon at Bernheim Apter
Kreitan in Igal's home town of Livingston, New
Jersey. The funeral chapel has opened
an online
guest book where you can
share your memories of Igal and express
your condolences. |
|
One
of Igal's long time friends, noted domain
attorney/entrepreneur Ari
Goldberger, was among those who
attended today's service. Ari said a large
turnout, including a bus full of children,
showed how widely loved the former
Israeli Air Force officer was in the community.
Ari said, "Igal's six
beautiful children each spoke, along with his
wife and son-in-law - their beautiful words a
legacy." The family is going
to Israel for the burial and will then
return home Friday when Shiva (a
week-long period of mourning) will be observed.
|
"People
ask me who was Igal?",
Goldberger said, wondering, "How do
you describe a man like that in a few
sentences? It's impossible! Igal
had a favorite saying when he wanted to
generously share with me (even force feed
me) some wisdom: "God
gave you one only one mouth and two
ears for a reason!" he would
say. "Never occurred to me to ask if
he only had one ear!,"
Goldberger laughed. "Igal
was a mensch and straight shooter
who said it like it was and shared,"
Goldberger continued. "Igal
often told me, when he'd share ideas
openly without fear of competition -
"Ari", he would say, "this
Internet, this domain thing, we're
not fishing on a tank, or a lake or river.
It's a sea and there's plenty
for everyone." We can learn
from this wise lion in our industry.
Success shared is enterprise, and we
all win."
"When
I let Igal know that I was on board
with |
Igal
Lichtman |
an
idea he had or vice versa, he would say in
his confident voice: "GOOD!"
Igal was one of a kind. A
straight shooter and respectful. He will
be missed but not forgotten,"
Goldberger said - a sentiment that
everyone who knew Igal surely shares. |
Among
Igal's many friends who have shared the news and
reminisced about Igal online since Larry
Fischer broke the news last night,
are DNForum.com owner Adam Dicker
in a heart
felt video, Adam
Strong, Theo Develegas
and Raymond
Hackney, along with dozens of
friends in multiple threads on Facebook
and the commentary sections of numerous blogs.
The outpouring
of so many positive memories is a true measure
of the kind of man Igal Lichtman was and how
deeply he was respected and loved by people who
were lucky enough to have crossed paths with
him.
|
(Posted February
19, 2013)
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|
The
Domain Industry Loses a Giant - Legendary
Investor/Entrepreneur Igal Lichtman Leaves Us
After a Life Exceptionally Well Lived
|
This
is the hardest article I've ever had to
write.
When I got a text message a little before
6:30pm last night that said “Sorry to
share that after a long bout with cancer
my beloved husband, Igal, passed
away peacefully this afternoon...Please
let everyone know. Much Love.”
I only knew one Igal, and I
refused to believe that
irreplaceable industry treasure, devoted
family man and friend was gone. It must
have been a message about another Igal
that was meant for someone else.
Sadly
it was not. I sent and received several
messages throughout the evening as I
sought further confirmation and by this
morning there was no longer any denying
what my head and heart did not want to
accept. Now my thoughts are with Igal's
loved ones - his wife and six children
- and the countless friends and
colleagues he had such a huge
impact on. Those who can get there in
person will say |
Igal
Lichtman |
goodbye
to him today (Tuesday, February
19, 2013) at 12 Noon when services
are held at Bernheim
Apter Kreitan, 68 Old Short
Hills Rd in Livingston, New Jersey. |
My
memories of Igal will be such good ones.
Exactly 10 years ago this month, when I sat down
to write DN Journal's first
Cover Story ever I wrote about Igal
Lichtman. After selling his former company, Magic
Solutions, to Network Associates for $110
million, the former Israeli Air Force
officer had entered he domain business and
created an innovative new domain
monetization company called DomainSpa.com.
Igal was always a leader and an innovator.
One year ago I found myself writing a second
Cover Story about Igal and his
latest creation - TrafficMedia
- and the ground breaking virtual reality tour
work he had unveiled on one of his most popular
sites - Jerusalem.com.
|
In
the course of doing that story I spent a
lot of time on the phone with Igal last
year. Though, unknown to me, he was
battling an illness that would take him
away within a year, he never sounded more energetic
and excited than he was in those
talks. There was no hint that he wasn't
feeling well, and I don't think he ever
would have said so anyhow. He wasn't that
kind of man. He loved getting things
done and had no time for negativity
or letting whatever obstacles might be
in his way slow him down. That is why he
was able to accomplish so much is
so short a time. |
|
In
the years between those two stories, Igal also
amassed a terrific domain portfolio, buying and
selling names under a pseudonym - Mrs. Jello
- that puzzled many people. For those who knew
him and what was more important to him than anything
else in life - there was no mystery in
that name at all. Each of the first seven
letters was a first initial representing
his wife and children, with the O added as an
exclamation point at the end. Despite
the tremendous success that he had already had,
Igal spent a good deal of time among industry
newcomers that came to DNForum.com
to learn more about the domain business. He was
always generous with his advice and
encouragement and he was honest to a fault.
That's why other old friends, like Theo
Develegas, and newer ones like Raymond
Hackney, are also writing such
glowing things about him today. While we won't
see Igal again on this plane, his memory and
positive influence will live on in all
who knew him until the day we follow him to the
next plateau. That's Igal - leading the way
just as he did throughout a life that was exceptionally
well lived.
|
(Posted February
19, 2013)
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|
Did
You Know the Latest New TLD Land Rush Opened
Today? Say Hello to .PW
|
You've
been hearing about
ICANN's impending (it always seems to
impending) launch of hundreds of new
gTLDs for many years now, but new
gTLDs come in more than one flavor.
Several new ones have been launched over the
past decade, including .info, .biz
and
.mobi, and several others have been re-launched
as new global TLDs after starting life as
country code TLDs (ccTLDs). Well-known examples
of the latter group include Colombia's .CO,
Montenegro's .ME and one of the earliest
ones from this category - Samoa's .WS.
|
Land
rush opened today for a new entry that was
birthed from ccTLD roots, .PW,
an extension that in the past served as
the country code for the Micronesian
island nation of Palau. Under a new
licensing agreement the Directi
Group has become the new operator
of the .PW registry and is now marketing
it as a globally
open TLD they are branding as the Professional
Web. Directi’s offering has
proved to be popular with registrars
worldwide as
90 of them from 31 different
countries signed on to offer .PW domain
registrations to their customers. |
|
|
Chris
Sheridan
eNom, VP, Business Development |
Directi’s
own ResellerClub,
a major registrar services reseller, is,
as you would expect, marketing .PW,
to tens of thousands of customers. An even
bigger fish, Demand Media’s eNom,
the world’s largest ICANN Accredited
wholesale registrar, is also part of the .PW
line up. Chris
Sheridan, eNom's VP for Business
Development, said “The market is looking
for fresh and well-priced inventory and
quality generic names are always in
demand. We look forward to promoting .PW
across our 8,800
strong reseller base as a well-priced
alternative before the new gTLDs arrive.”
With so many
new TLDs due to hit the market at once, it
is certainly wise for the .PW camp to get
their name out there now before
the crowd arrives. They may also benefit
from the impending horde of new gTLDs,
simply because they have been written
about so much that at least some
potential new registrants are now more
aware of the fact that there are other options
to the right of the dot. |
The
big question for .PW and all of the new gTLDs to
come is just how many domain registrants
will be willing to try something new rather than
retreat to the perceived safety of older, more
established brands like .com, .net
or their local country code. As always in this
business, the time they are a-changin', and
things are about to get even more interesting as
the new gTLD drama plays out.
|
(Posted February
18, 2013)
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|
Death
of Parking Pronouncements Premature? Oversee
Says PPC Earnings Are Improving
|
Oversee.net
CEO Debra Domeyer
welcoming guests to the 2013
Webfest Global conference last week. |
A
week ago today
Oversee.net
CEO Debra Domeyer hosted an 8am press
breakfast before the final
day of the 2013 Webfest
Global conference got
underway at the Fairmont Miramar Hotel
in Santa
Monica, California (Webfest is
produced by Oversee's DomainSponsor.com
unit). I was planning to share some of Ms.
Domeyer's comments in our upcoming
conference review Cover Story, but since
the press breakfast wasn't an event for
show registrants, I decided it made more
sense to tell you what Debra had to say
now in a stand alone article of its
own.
One
of the many interesting points Ms. Domeyer
made was that the company saw good year
over year growth in domain monetization
with the average PPC revenue in 4Q-2012
coming in a little better than the same
quarter a year earlier. In a time when the
"parking is dead" mantra is
frequently repeated, that was bit of unexpected
news. Lest you think the reported increase
is company hype, I can tell you that the
next day, a close friend who operates a
popular monetization service that divides
traffic across multiple parking platforms,
told me he was seeing a significant
increase in DomainSponsor's
performance. |
Ms.
Domeyer, who comes from a technical background
(she was Oversee's Chief Technical Officer
before becoming CEO), attributed the gains to better
optimization including increasingly
important mobile friendly technology. Ms.
Domeyer said their mobile monetization returns
were up 18-20%. She added that the
company continually runs 13 different tests with
changes dictated by those tests bringing
as much as an 8% rise in income. Debra
also noted that the highest revenue per click
came from tablet computers, followed
by desktops, with phones third.
|
In
addition to monetizing domains owned by
others, Oversee holds a large portfolio
of their own and they both sell names
and develop them with many already hosting
profitable online businesses. She said
most of their sales come from direct
end user inquiries with a few |
|
others
handled by the two or three brokers
Oversee works with. Ms. Domeyer said even
though the company has dropped many under
performing domains from its portfolio,
overall income from that portfolio was
higher, thanks to "buying smarter." |
|
Ms.
Domeyer also commented on the Webfest
Global conference that just completed its
7th annual run. Prior to this year it was
known as DOMAINfest Global, but
Debra said the name change was needed to
mirror a paradigm shift in the
industry that she believes makes it
incumbent upon domain owners to be aware
of constant changes in the web, social
and mobile landscape that are
affecting their livelihood. Regarding
her controversial choice of
celebrity/entrepreneur Kim Kardashian
as this year's Webfest keynote speaker,
Ms. Domeyer, who describes herself as a risk
taker, said she thought it was time to
shake things up. As a woman who, as an
expert surfer, has been dropped
from a helicopter onto towering
waves, Debra is certainly no stranger
to taking chances. The Kardashian bet
appeared to pay off with a standing
room only crowd on hand to hear
Kardashian deliver some useful |
|
advice on how
to start an online business (she credited
her blog
as the spark that got her started) and use
social media to build a brand
- in her case, one that is now known
around the world. But that's another story
- one I'll have more specifics on in our
upcoming conference Cover Story. |
|
(Posted February
14, 2013)
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|
Rick
Schwartz Sounds Off on New gTLDs and the Key
Difference Between Them and .Com
|
After
a very rewarding trip
to California (both professionally
and personally) I just got back to our
Florida home today. After Webfest
Global ended in Santa
Monica, Diana and I flew up to San
Jose to visit our son Aaron and
his family for a few days. Aaron, who is a
globe trotting chemical engineer at Apple,
gave us our first tour of the company's
sprawling campus in Cupertino
while we were there. Apple's low rise
office buildings cover a huge expanse of
land encircled by One Infinite Loop.
Webfest
Global was also very interesting again
this year (I'll have a full show review in
our upcoming February Cover Story). As you
would expect the impending arrival of
new gTLDs was a hot topic of
conversation there. Opinions about how
well the new gTLDs will fare were all over
the board. |
An
entrance at the Apple Campus in Cupertino,
CA
(Saturday, Feb. 9, 2013) |
Before
I left for the show, domain pioneer Rick
Schwartz, co-founder of the T.R.A.F.F.I.C.
conference, shared his new gTLD view
with me while I was conducting interviews for
our January State
of the Industry Cover Story. Some of
his comments were included in that article, but
due to space constraints in that wide ranging
article, I held some others that I can share
with you now.
|
Rick
Schwartz on the balcony of his Fort
Lauderdale Beach penthouse apartment. |
Schwartz
said, "The
.whatever registries and registrars may
have internal success. But that’s
the problem and the difference. It
is internal success where .com
was/is an external success. Think
about that. The reason .com is such a
success is the wide use and
acceptance by 3rd parties. 3rd
parties were the big winners. Here
Registries may be the winners but that is
a completely different equation."
"So
in success or failure, .whatever will just
reinforce .com as not only the gold
standard, but THE most sought after
property on the planet," Schwartz
declared. "The domain name is every
great brand rolled into one brand. Your
brand, my brand, their brand. Plus the
location, plus everything else that comes
with it. The intangibles. Like credibility
for example. It is the total lifeline,
heartbeat, main entrance and foundation of
your business and supersedes all other
entry and contact points."
"If
you can hold on to your domains to 2015-2016
I believe that you will see a huge |
spike
in prices and that is what I have waited
all these years for. I am sorry many don’t
see it. My most vivid example would be
like comparing the salaries of Babe
Ruth and Johnny Unitas with Derrick
Jeter and Tom Brady. Now that
took 70 years. What we are doing is
taking 70 months and that clock
starting ticking about 42 months
ago," Schwartz said. |
"T.R.A.F.F.I.C.
has been the launch pad of .mobi, .me,
.co and .xxx and all have enjoyed
great success at our shows. I think that will
continue as we have already proved that we can
do the job. So I think many of us will benefit
from .whatever. My job is not to talk anyone out
of what they see - just try and separate fact
from hype. Don’t try to value the
corresponding .whatever to the .com. Not a
fair comparison. Those that buy into that
are being fooled. T.R.A.F.F.I.C. will
premiere, offer and promote but we won’t
endorse. And there may come a time where we
see no value in that. Time will tell. We will be
true to what we believe." Schwartz
concluded.
|
(Posted February
12, 2013)
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|
Closing
Day Photos and Highlights From the 2013 Webfest
Global Conference in Santa Monica, California
|
The
2013 Webfest
Global conference
(the 7th annual show staged by Oversee.net's
DomainSponsor
unit) closed last night (Thursday, Feb. 7)
after a three-day run at the Fairmont
Miramar Hotel in Santa Monica,
California. The final day of the event
that drew |
over
500 registrants from around the world
opened with a 9:30am presentation on Landing
Page Optimization delivered by Tim
Ash, who may be the world's foremost
expert on the topic. Tim, who is also an
exceptionally entertaining and
energetic speaker, literally wrote the
book on this subject - Landing
Page Optimization: The Definitive Guide to
Testing and Tuning for Conversions.
(For
myself and two other domain industry
writers - there was one earlier event
Thursday - an 8am press breakfast
with |
Tim
Ash |
Oversee.net
CEO Debra Domeyer. I will have
highlights from that session for you in
our upcoming Cover Story review of the
entire conference).
After
Tim Ash's talk, the next three business
sessions Thursday were all about mobile
starting with an 11am panel discussion on Engaging
and Converting Mobile Users. |
The
Engaging and Converting Mobile Users
panel featured (left to right): Moderator Min
Chan (Oversee.net), Greg Sterling, Will
Hsu and Bardia Dejban.
The
12:15pm lunch break followed under the fabulous
123-year-old fig tree that graces the
courtyard at the Fairmont Miramar. Outdoor
luncheons were held under the 80-foot tree - the
second largest of its kind in the state of
California - on each of the three conference
days.
Lunch
under the spectacular 123-year-old fig tree at
the Fairmont Miramar Hotel.
At 2pm
it was back to business with Henry Tam, Jr. on
stage for a solo presentation on Mobile
Advertising Trends.
Henry
Tam, Jr., Vice President, mMedia
Advertsing, Millenial Media, kicked off the
Thursday afternoon schedule with information on
the latest mobile advertising trends.
Next
up at 3:30pm was a panel of experts who offered
advce on Acquiring Mobile Users on a
Restricted Budget.
This
panel featured (left to right): Moderator Gene
Chuang (Oversee.net), Cindy Crum
(MobileMoxie, LLC), Gary Rudolph (Lolay)
and Bryson Meunier (Resolution
Media).
The
final order of business at 2013 Webfest Global
was the popular annual Pitchfest Contest
in which a series of entrepreneurs takes the
stage to deliver 3-minute presentations
aimed at securing venture capital funding
for their enterprises. Two awards for the Best
Pitch are then awarded - one from the
audience (who voted through text messaging) and
one from the distinguised panel of judges that
included John Morris, Scott Jarus,
Allen Morgan, Will Hsu and Ben
Kuo - all of whom are veteran venture
capitalists.
Seven
entrepreneurs competed and were judged based on
creativity, viability, originality and revenue
potential...and the winners were:
|
|
People's
Choice Award Winner - Jeremie Godreche
(in the left photo above) of Freedom
Registry (operator of the .tk
top level domain) and Judge's Choice
Award Winner - Darren Marble of Filmbreak.com
(in the right photo above). Both received
their awards from Oversee.net VP Aaron
Kvitek (seen at right in each photo),
who moderated the contest.
Webfest
Global concluded with one last major
social event Thursday nght (running from
8pm - 1am) - a visit to Hollywood's
famed Magic Castle, a private club
that features many of the world's best
magicians. |
Some
of the Webfest Global attendees waiting
to be admitted to the Magic Castle Thursday
night (Feb. 7, 2013). Photography is not
permitted inside the Castle so we can only tell
you we saw some astonishing performances
with Jeff McBride on the main stage and Jon
Armstrong in the Museum especially mind
blowing for us. Many other performers showed
their incredible stuff in other rooms or the
labyrinthine Castle and guests were free to
wander from one show to the next as they
pleased. All
in all it was a wonderful week on the West
Coast - one we are looking forward to
telling you more about in our February Cover
Story.
|
(Posted February
8,
2013)
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|
Day
2 Photos and Highlights from the Webfest Global
Conference With Kim Kardashian and Dinner Under
the Space Shuttle Endeavour
|
After
a busy
opening day
devoted to domain names Tuesday, variety
was the order of the day Wednesday at the Webfest
Global conference in Santa
Monica, California. In keeping with the
show's expanded agenda, attendees heard talks
devoted to improving traffic to existing
websites and advice on starting a new online
business from keynoter Kim Kardashian
who has done that successfully with several
enterprises.
The
day two (Wednesday, Feb. 6) schedule at the Webfest
Global conference began with a 9:30am
session on SEO Keywords, Content and Links
that featured (L to R): moderator James
Keating (Oversee.net), search guru Danny
Sullivan (SearchEngineLand.com), Joanna
Lord (SEOMoz.org), Christian Neeser (MyLife.com)
and Aaron Shear (Boost Search Marketing).
Kim
Kardashian
image from Bigstock |
At
11am, a fireside chat between Oversee.net
CEO Debra Domeyer and celebrity
entrepreneur and social media star Kim
Kardashian attracted a standing
room only crowd. Ms. Kardashian had
been a controversial choice to keynote,
with some questioning how an interview
with her related to domains, but many
domainers aspire to develop their own
online businesses, an area where she has
had multiple successes.
Still, prior
to the show, I wondered how well Kim
would be able to communicate useful advice
from her experience to such a tech
oriented audience. The confident and
well-spoken Kardashian proved more than
up to the task, sharing tips and
details on how she started building her
businesses and brand as a teenager
with an Ebay shoe shop. Ms. Domeyer
masterfully kept the interview on track
with business related questions that
elicited more insightful answers than many
expected from someone known more for her
celebrity status than the business acumen
that anyone who heard this talk now knows
she has. |
I
will share specifics from what Ms.
Kardashian had to say in our upcoming
Cover Story review of Webfest Global. With
the show ongoing (and more sessions I have
to go cover), there isn't time for me to
go into it now - but suffice it to say
that I went into her session with an
open mind and came out impressed with
a talk that far exceeded my
expectations. |
After
a lunch break the conference resumed with
a panel discussion of the pros and cons of
acquriing traffic from various channels
including PPC, Retargeting, Affiliate
and Social. |
The
PPC, Retargeting, Affiliate and Social
panel at 2pm Wednesday featured (L to R)
moderator Raj Beri (Oversee.net),
Jay Weintraub (NextCustomer, Inc.),
Peter Hamilton (HasOffers.com),
Merry Morud (aimClear) and Adam
Epstein (adMarketplace).
The
Wednesday business day closed with the Moniker
Live Domain Auction conducted by
veteran auctioneer Wayne Wheat (at
the podium in the photo below). The
auction generated over $560,000 in
sales led by a pair of two-letter .coms -
JF.com at $250,000 and XU.com
at $210,000.
A
scene from Moniker's Live Domain
auction Wednesday (Feb. 6, 2013).
Rounding
out the top five auction sales were
IceHockey.com ($25,000), Free.me
($19,000) and BEZ.com ($17,650).
All told, 22 of the 61 domains offered
found buyers.
The
conference organizers, Oversee.net's DomainSponsor.com
unit, hit a home run with the
Wednesday evening social event, a trip to
the California Science Center in Los
Angeles for dinner under the Endeavour
space shuttle!
|
Above:
The jaws of Webfest Global guests
dropped when they walked into
the terminal where the retired
Endeavour space shuttle is
housed.
At
left: Attendees could choose food
from thee different buffet stations
featuring American, Indian
and Mediterranean cuisines,
then settle in at a table directly
under the massive spacecraft.
Below:
Oversee even arranged to have
astronaut and veteran Endeavour
crew member Garrett Reisman
on hand to answer questions from
show attendees. Reisman
was |
surrounded
with fascinated guests throughout
the night as he held court on what
it was like to spend months in
outer space aboard the historic
Endeavour. |
Many
attendees, including me, thought
this was one of the most memorable
social events ever held at a
domain conference.
As
I write this, the final day of
business at Webfest Global is
underway with the traditional
outdoor luncheon in progress. Things
will conclude tonight with a trip to
Hollywood's famous Magic
Castle. I'll have the closing
days photos and highlights for you
in this space tomorrow. |
|
|
(Posted February
7, 2013)
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|
Opening
Day Photos and Highlights from the Webfest
Global Conference - One That Ended in a Night
When Richard Lau Lost His Locks
|
In
my last post
yesterday morning,
that went up just before the 2013 Webfest
Global conference got underway at the Fairmont
Miramar Hotel in Santa Monica, California,
I noted a long day was ahead. That day
(and night) finally wound down around 1:30 this
morning and what an interesting day it was!
A
scene from the Speed Networking session
that officially kicked off the 2013 Webfest
Global conference Tuesday mornng. Right
after breakfast, conference organizer Oversee.net
got things started with a 9am Speed Networking
session that had a new twist. As participants
moved from one person to the next they were
instructed to begin the conversation by saying
"My biggest challenge this year is...(finishing
with whatever that might be). The other party
would then comment on that - the idea being that
many of the attendees presented with that hurdle
could provide a fresh idea or
information about a contact that could
solve the problem for the other person. In each
encounter, before rotating, each party gave
their thoughts on the challenge facing the
other. At
10:30am everyone headed to the main ball room to
hear welcoming remarks from Oversee.net
CEO Debra Domeyer and Vice President
& General Manager of Internet Monetization Dwayne
Walker.
Above:
A view of the crowd that filled the main ball
room on the first morning at Webgest Global. Below:
Oversee.net CEO Debra Domeyer and VP Dwayne
Walker welcome attendees to Webfest
Global and fill them in on what is in store
for them in the week ahead. They also provided
an update on the improving business climate at
their company and in the industry at
large.
|
|
The
show's first panel discussion
followed at 11:15 and it was a timely one
on How to Predict Winers and Losers in
the upcoming New gTLDs and IDN TLDs.
Most of the industry experts featured in
our annual State
of the Industry Cover Story
agreed that new gTLDS will be the
story of the year in 2013 and the
panelists for this session provided the
latest informatin on that process. |
The
New gTLD panel, moderated by Mason
Cole (at far left) included (L to R
after Mason), Dan Schindler
(Donuts.co), attorney Andew Snow, Tim
Switzer (.green) and ICA
Legal Counsel Phil Corwin.
Corwin
delivered some breaking news during ths
session, announcing that his law firm,
based in Washington, D.C., would be
raising issues surrounding Google's
new gTLD applications with regulatory and
governmental bodies in the Nation's
Capital.
Corwin contends that Google has an unfair
advantage that will stymie competition for
important generic new gTLDs (one that
Google wants for instance, is .search).
Corwin's firm has an unnamed client who is
in contention with Google for at least one
new gTLD so he is getting an inside look
at the issues involved.
At
12:15 it was time for an outdoor lunch
break in the Fairmont's courtyard.
Several tables were set aside for the
show's Dine With the Experts
offering. Each of those tables was manned
by an expert in a specific sector who
dined with guests who signed up in advance
to have lunch with them.
Domain
Broker Andrew Rosener of MediaOptions.com
(in blue jacket with back to camera)
answered questions from his guests during
one Dine With the Experts lunch
meeting Tuesday.
Two
very informative and well received
business sessions followed lunch. First up
at 2pm was a panel on Domain
Monetization Options Beyond Parking
moderated by Joerg Schnermann from
Oversee's DomainSponsor unit. This
group of experts detailed a variety of
ways domain trafffic can be monetized in
addition to, or in place of, tradtional
domain parking.
Tuesday's
Domain Monetization Options panel
featured (L to R) Braden Pollock
(LegalBrandMarketing.com), Mike
"Zappy Zapolin", Jay
Chapman (Digimedia), Lavin Punjabi
(Affinity) and Michael Gilmour (ParkLogic.com).
Closing
out the business day was a 3:30pm workshop
on How to Negotiate a Fair Price For a
Domain that brought advice from some
of the industry's top brokers and
dealmakers.
The
Domain Price Negotiation panel,
moderated by Oversee's Brad Wilkinson
(at far left) featured (L to R after Brad)
Andrew Rosener (MediaOptions.com), Paul
Nicks (GoDaddy) and Morgan Linton
(Linton Investments).
This
panel closed a productive business day,
but activity would only increase
over the next 8 hours with two big evening
events ahead. At 7pm guests walked or took
a short shuttle ride to the La Sandia
and Zengo restaurants in Santa
Monicca where Oversee hosted their
official opening night dinner for
attendees. Everyone was actually seated
at La Sandia but the buffet featured
dishes Zengo's menu.
Getting
together at one table for Tuesday night's Webfest
Global dinner at La Sandia in
Santa Monica were (L to R): Ron Jackson,
Diana Jackson, Shane Cultra,
Jason Thompson, Howard Hoffman
and Kina Merdinian.
After
dinner, many Webfest attendees walked next
door to the Sonoma Wine Garden for Water
Night, a fund raising event for the Water
School. While this was not a
conference event it was widely supported
by domain investors, developers and
company leaders. The event wound up exceeding
all expectations with over 250
people donating at least $50 apiece to
attend (it was $100 at the door).
On
top of that another $20,000 was
raised when veteran domain investor Richard
Lau agreed to have his head shaved if
that goal was reached. It was when Oversee
CEO Debra Domeyer matched the
first $10,000 that was pledged. That
spelled curtains for Lau's locks! As he
has done several times in the past, PPX
International Chairman Gregg McNair
did the honors, quickly re-styling Lau's
look to match his own.
Above:
Richard Lau's hair, going once! Below
leftL Going twice!
Below right: Gone! (thanks to Gregg
McNair and Richard Lau)
|
|
Both
Lau and McNair are long time
supporters of the Water School, both
sit on the organzation's board and
Lau recently became its Executive
Director. They have covered all of
the organization's administative
expense to make sure that every
dollar donated goes to
providing lfe saving clean water
solutions in under developed
countries. NameCheap.com
helped maximize last night's returns
by generously covering the entire
bar bill for the 250+ guests.
Water
Night ran until 1:30am. I got back
to the hotel in time to catch about
five hours of sleep (more than a lot
of people got) and now it's on to Day
Two of Webfest Global that is
just getting underway as I write
this. I'll be back tomorrow with
photos and highlights from the
Wednesday schedule that includes
Kim Kardashian's keynote and a
special dinner under the wing of the
space shuttle Endeavour tonight. |
|
|
(Posted February
6, 2013)
To refer others
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|
Photos
and Highlights From Frank Schilling's Dinner for
Domain Brokers Last Night in Santa Monica Where
Webfest Global Gets Underway Today
|
The
2013 Webfest
Global conference
opens this morning with a Speed Networking
session at 9am Pacific time (12 Noon Eastern),
but for many who arrived early for the show in Santa
Monica, California, the networking has
already been underway for 24 hours or more. In
one major pre-show event Frank Schilling's DomainNameSales.com
honored the domain brokerage community with a
special night of dinner and drinks just for them
at the stylish Misfit Restaurant and Bar.
|
|
DomainNameSales.com
Founder Frank Schilling (in blue jacket)
welcomed domain brokers to a night out
Monday evening (February 4, 2013) at the Misift
Restaurant in Santa Monica.
DomainNameSales
teammates (left to right): Vice President of
Sales Jeff Gabriel (left), broker Andrew
Mathias, broker Wade Smith and Sales
Manager Dan Adamson were on hand to
welcome guests.
The
casual event gave guests the freedom to circulate
and chat with fellow brokers while enjoying
the wide variety of wonderful food and drink that
the restaurant staff ensured was alway at close
hand.
Among
the friends Diana Jackson (center)
enjoying catching up with were Thought
Convergence Inc's dynamic duo Ammar
Kubba (left) and Omar Kubba (right).
TCI is the
parent company of Aftermarket.com, TrafficZ.com
and DomainTools.com.
Thanks
to Frank, Jeff, Dan and the entire
DomainNameSales team for a delightful
evening and an opportunity to kick off the
Webfest week among so many good friends.
Speaking
of good friends, when Diana and I arrived
in Los Angeles just before noon Monday,
the week got off to a perfect start when Michael
Castello (CCIN.com)
met us at the airport and joined us for
lunch at the Fairmont Miramar in
Santa Monica where Webfest Global is being
held. It is always a special treat for us
to spend time with Michael and his family,
including brother (and CCIN co-founder)
David (who we unfortunately won't get
to see ths week as he remains busy with
his music
career in Nashville).
With
the conference kicking off today we have a
very busy day ahead. While Webfest Global
(Formerly known as DOMAINfest Global) has
widened the scope of their agenda beyond
domains ths year, today's sessions are
almost all focused on domains. |
Santa
Monica's Fairmont Miramar Hotel |
Between
the business sessions, the opening night
dinner and the Water
Night fund riasing event that
follows dinner, it looks like we will be
going non-stop until about 1:30am
Wednesday. That doesn't sound bad but that
is 4:30am back home in Florida and
we haven't adjusted to the time change
yet. We usually don't get fully
adjusted until it's time to go back home
and re-adjust all over again to Eastern
time! There is nowhere we'd rather be
than among industry friends though, so
we'll just ignore the clock and
enjoy the special moments this week will
bring! I'll be sharing those with you in
this column with daily posts throughout
the week. |
|
(Posted February
5, 2013)
To refer others
to the
post above only you
can use this URL:
http://www.dnjournal.com/archive/lowdown/2013/dailyposts/20130205.htm
|
$13
Million in Sales Helps Win Amanda Waltz a Major
Promotion at DomainAdvisors
|
DomainAdvisors
Limited
has promoted Amanda Waltz to become their new Director
of Sales and Acquisitions. In making the
announcement today, DomainAdvisors CEO Tessa
Holcomb said, "With 15 years of proven
results in sales and business development ,
Amanda quickly became a key player within the
Domain Advisors team. During her short time in
the industry Amanda has closed over $13
million in domain and website sales and
acquisitions, most of which involved established
businesses and start-ups." Ms.
Holcomb added, "In her new role, Amanda
will continue to broker high value deals in
addition to sourcing and developing new
reationships with investors, developers and
marketing agencies. I feel extremely fortunate
to have someone with Amanda's qualities on our
team. We have an exciting new year ahead of us
and I am thrilled to have Amanda bring her
operatinal awareness and organizational
experience to the forefront to help push
DomainAdvisors to the next level."
|
Amanda
Waltz
Director of Sales and Acquisitions
DomainAdvisors Limited
|
(Posted February
4, 2013)
To refer others
to the
post above only you
can use this URL:
http://www.dnjournal.com/archive/lowdown/2013/dailyposts/20130204.htm
|
The
2013 Webfest
Global conference
gets underway Tuesday morning (Feb. 5) at the Fairmont
Miramar Hotel in Santa Monica, California
(the show's oceanfront venue is shown in the
photo at right). This will be the 7th annual
show in this conference series that was
previously known as DOMAINfest Global.
The event, that is produced by Oversee.net's
DomainSponsor.com
unit, will run through Thursday night (actually
Friday morning if you count the farewell
breakfast).
I'll
spend most of today en route to Santa Monica and
will arrive in time for the first major
pre-show event - an invitational
dinner for domain brokers that is
being hosted by Frank Schilling's DomainNameSales.com
tonight at 7pm (Pacific time). Starting tomorrow
I'll have daily posts from Webfest Global
in this column, bringing you photos and
highlights from the year's first major
conference as it unfolds. Until then, you can
check out the complete show
agenda here to see what is in store
for this year's registrants. |
|
|
(Posted February
4, 2013)
|
Sedo
CEO Tobias Flaitz Looks Back at His 1st Year on
the Job and Ahead to What 2013 Has in Store
|
Exactly
one year ago today
Tobias Flaitz became the CEO at domain
industry powerhouse Sedo.com,
taking the reigns from company Co-Founder Tim
Schumacher who, after more than 10
years at the helm, decided it was time to let
someone else run the show. I caught up with
Tobias to get his thoughts on the direction of
Sedo and the industry in general over the past
year, as well as where he saw things going in
2013.
|
Sedo.com
CEO Tobias Flaitz
|
"For
both the industry as a whole and for Sedo, 2012
was a year of change" Flaitz said,
"While parking was a challenge for
everyone in the domain world, the needs of
buyers and sellers have also changed, which has
resulted in both groups asking for better
usability and smarter tools for domain trading."
"At
Sedo, we spent last year talking with our
international customers and attending events so we
could determine what changes were most
important to our clients, and we have
successfully implemented those changes. We also
worked proactively to develop innovative solutions
and channels to make buying, selling and parking
more efficient and more successful for Sedo’s
customers. Our vision is to make buying and
selling domain names as simple as any
other kind of online transaction, and we have been
determined to pursue this vision and make it a
reality," Flaitz said.
"To
bring new buyers to Sedo’s platform and
offer them a simpler, more intuitive search and
purchase experience, we improved many aspects of
our interface and relaunched our German
language homepage. This was a direct
result of buyers making it clear that they want to
be able to research and purchase a name on
their own, at any time."
|
"Our
buyers – both investors and individual users
– also told us that they simply want to know
what’s available, when, and for how much, without
wasting time on negotiations," Flaitz
said. "Sellers have heard this message too,
and have increasingly turned to Buy Now
pricing. This was reflected in the number of Buy
Now sales during 2012: accounting for 41% of
all transactions at Sedo, Buy Now was the
most popular sales channel. We expect this trend
to continue at Sedo and across the industry
throughout 2013."
"Hand-in-hand
with this was the need for sellers to have
better, more reliable pricing tools, so
that they could list domains for sale with
prices that encouraged buyers to make an
immediate purchase. This need came to the
forefront in 2012, and with scientific pricing
tools developed by our dedicated pricing expert Thies
Lindenthal, we provided sellers with the
most accurate pricing tools and features ever,"
Flaitz said.
"The
most exciting and toughest challenge in
2012 was parking. Using alternative
monetization methods was something that
the domain community and our customers
asked for, and so we added great new
parking partners as well as leading
second-tier providers to ensure that
all traffic is monetized and that our
customers get the best parking earnings
possible."
"An
ongoing goal for Sedo was to bring more
buyers and sellers together worldwide,
increasing sales and spreading the word
about the value of premium names.
2012 saw expansion of the SedoMLS
network to include both more international
partners as well as industry leaders like Go
Daddy. This put more of our customers’
domains in front of more buyers across the
globe," Flaitz added. |
Internet
business image from Bigstock |
Looking
ahead to the new year, Flaitz agreed with
many other industry leaders had to say in our
current State
of Industry Cover Story about what
would have the biggest impact on the
domain business in 2013. "2013
will be the year of the gTLD, marking a critical
point in our industry’s history,"
Flaitz said. "New gTLDs offer a
great deal of new opportunities for
everyone connected to the domain industry. It is
important that we as an industry show consumers
that the new gTLDs have the potential to change
forever how consumers and companies interact
online."
"Sedo’s
goal in 2013 is to partner with registries and
applicants to support the launch of the
new gTLD program. This will be tied closely to
our goal to grow the SedoMLS network so we can
provide end users with access to premium new
gTLD domains as well," Flaitz said.
"As with our other products, Sedo’s new
gTLD services are designed as an integrated
solution, providing registries and applicants a
seamless experience for the launch and
promotion of their new extensions. We’re
helping find innovative ways to maximize reach
and help grow the value of these new extensions,
starting from our unique approach in developing
customized, premium reserve lists, to our
historically strong track record of launch and
premium auctions, and our award-winning
brokerage."
Global
business image from Bigstock |
"Flaitz
added,"We also tie marketing
into every aspect of what we do for our
clients: bringing new ideas on marketing
new gTLDs, as well as providing them to
end users through the largest global
domain distribution network will be key to
the industry in 2013."
"While
gTLDs are a main focus in 2013, ccTLDs
will remain successful on the marketplace.
Part of the reason these have been
successful is because the industry has
gone international – companies
everywhere learned that they need to speak
the language of buyers and sellers in |
order
to succeed. It is important for our
sellers to know that median prices and average
prices of ccTLDs will likely continue to
increase," Flaitz said. |
"Looking
at other areas of the industry, we are sure that
our strong partnerships with Google and
new second tier providers will ensure
that earnings will remain stable as we
move into the New Year. Our parallel bidding
system, which was implemented several weeks
ago, delivers the best results for our parking
clients, and we are continuing to work on
additional improvements in the parking sector to
deliver innovative and outstanding traffic
monetization options in 2013."
"Finally,
Sedo is refocusing on our core strengths:
providing superior, innovative domain solutions
for our partners, buyers, parkers, and sellers,
all in one location. With some new management
and strong leadership, we will continue to focus
on new strategies and ideas to help all of our
clients to succeed this year," Flaitz
concluded.
Flaitz
was introduced in his new role as Sedo CEO
at last
year's Domainfest Global
conference in Santa Monica, California.
He will be back in the Golden State
(where, by the way, he earned one of his
two MBA degrees at the University
of California in Berkeley) next week for
this year's conference - now known as Webfest
Global. If you'll be at the
show, meeting the personable Sedo CEO
should definitely be on your to do
list. |
|
|
(Posted February
1, 2013)
To refer others
to the
post above only you
can use this URL:
http://www.dnjournal.com/archive/lowdown/2013/dailyposts/20130201.htm
|
|
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