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The
Lowdown
December
2023 Archive |
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Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global
domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson. |
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Re-Branding
a Popular Online Business is a Big Challenge - Why
Digital Candy Did It and Morphed Into Domain
Manage |
When
Ryan
Ewen's company developed
a sweet tooth for DigitalCandy.uk a couple
of years ago he never dreamed he would need to
change the name of his fast growing domain and
website marketplace just as it was starting to
scale new heights. Unexpected changes are seldom
welcome but in this case Ewen proved to be an
adroit CEO in orchestrating a re-branding to DomainManage.com
under less than ideal circumstances. In the end,
the move not only solved a problem - it also
opened up a host of new opportunities for
the business. A
change had to be made when Ewen became aware of a
trademark held by a different company - Digital
Candy Inc. It only became a matter of
contention when Ewen purchased DNForum.com
in February 2023 (a site he wound up selling to Helmuts
Meskonis in April). With the acquisition
Digital Candy UK would have a problem promoting
the business in America where Digital Candy Inc.
held a trademark. So, Ewen flew to Washington, DC
to discuss it with one of the domain industry's
top attorneys, Stevan Lieberman of Greenberg
& Lieberman, who also owns EscrowDomains
and, as fate would have it, Digital Candy
Inc., the company Ewen now had an issue
with! Ewen
told us, "In Digital Candy Inc., Stevan runs
an established business and is closely connected
to the brand. Stevan and I are both members of the
Internet
Commerce Association (ICA), the
non-profit organization that advocates for the
right of domain name owners and service providers.
We agree with the ICA's code of conduct so it was
an easy exploratory conversation." The
solution wound up being another acquisition
that Ewen made in September 2023 when he purchased
Domain Manage, a business that has been established
in 2014. “It was a tough decision to let go of
the Digital Candy brand but without being able to
develop the site and promote it freely we realized
it was a necessary step," Ewen said.
"Acquiring Domain Manage enabled us to
execute our development plans and pivot quickly.
The Domain Manage name also aligned with our
desire to offer domain name specific services
rather than services for the broader ‘digital
space’." |
Ryan
Ewen
Domain Manage CEO
Steven
Lieberman
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The move
to DomainManage.com has been just one element of
what has been a very busy year for Ewen's company.
“We've seen exceptional growth in 2023 with the
acquisition of 25,000 .com domains and
multiple R&D projects coming to fruition,
coupled with the launch of The Dot UK Group
including www.brandable.uk and www.flip.uk.
Brandable has pre-registrations totaling 200,000
UK domains and is our flagship offering in terms
of technical capabilities and brand creation. It is
an example of what is to come in 2024 under the
Domain Manage brand."
Ewen added, “Parent
company EW3N has seen gross sales reach $5
million. We have completed several domain name
loans and will launch our Affiliate Domain
Parking platform in early 2024 along with our fractional
ownership product later in the year.”
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While this
article started with the re-branding of
Digital Candy to Domain Manage, Ewen's
journey into the domain world started
much earlier. That was all set in motion
back in 2012 when he founded the Falbros
Group, a family
run and privately owned London based financial
services company. "While Falbros specialized
in financial services, we had also gotten
into digital services and that side
grew to include over 500 websites, a
team of 150 people and expansion into
SEO, design and social media," Ewen
said.
"It became
apparent to us that if a premium domain
name was paired with a website a
leader in a market could be created. This
resulted in huge growth by deploying several
premium domain names like bridging.com,
expatmortgage.com and
a host of .uk premium domain names like privatebanks.uk.
These sites had exceptional designs and a
premium domain name took them to another
level." |
“Over the years
Falbros Group grew a huge digital asset base so it
was strategic to create a marketplace to sell
some of the unwanted or underused assets. The
Digital Candy dot UK acquisition had come about
prior to an entrance into the digital asset
space with a vision of creating a trusted brand that
lay people could identify with and feel safe buying
and selling digital assets. The reason behind
choosing Digital Candy was to encompass the whole
digital space and include websites, domain
names, social media, apps and was broad enough to
grow into anything digital that was to come. Digital
Candy UK launched with an offering that could point
to headline sales including mayfair.com and newz.com as
evidence of its success."
In conclusion Ryan
noted, “While not a core offering of Falbros Group
a real business opportunity had been identified and
in December 2021 Falbros Group restructured to allow
a real focus on Digital Candy dot UK. 2022 saw $950,000
in gross sales which for a first year of business
was exceptional, particularly from a standing
start with little experience in a new market."
With 2023 now coming to
a close, Ewen will have another strong year to look
back on and with a new brand to expand on, he is
expecting 2024 to be even better.
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(Posted
December 28, 2023) To refer others to the post
above only (and not the full Lowdown
column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2023/dailyposts/1228.htm
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Legacy
of Lonnie Borck Honored in Campaign to Buy Armored
Ambulance for United Hatzalah |
For
people in the domain industry
who knew him, Lonnie Borck was a person
they will never forget. Lonnie passed unexpectedly
in his sleep in 2016,
but his friends and colleagues have kept his
memory alive in various ways that honor and
reflect Lonnie's spirit for giving and helping
others. The most high profile of those has been
presentation of the Internet
Commerce Association's annual Lonnie
Borck Award (the winner of the next
one will be announced at the ICA's upcoming Annual
Meeting in Las Vegas next
month). One
of Lonnie's closest friends, domain attorney Ari
Goldberger, is now using a high profile domain
that he and Lonnie previously shared ownership in,
Jewish.com,
to raise money for United
Hatzalah, a non-profit emergency
medical services organization that provides
fast and free emergency medical services to all
people in Israel, regardless of race,
religion, or nationality. Lonnie spent much of his
spare time volunteering as an Emergency Medical
Technician for the Baltimore Hatzalah chapter. |
Lonnie
Borck
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When Ari
learned that United
Hatzalah was able to provide volunteer EMS
service with a record 90-second response
time throughout the State of Israel,
thanks to a fleet of fully-equipped
armored ambulances he thought Lonnie
Borck's name should be on one of those-life
saving vehicles. Hatzalah volunteers were
the first responders on the scene of the
October 7th terrorist attack in Israel and
they are now bringing doctors and medical
staff to save lives on the frontlines of the
war with Hamas that has followed. Jewish.com
noted that United
Hatzalah was on the scene before the IDF,
thanks to their GPS trackers pinging
the first calls for help, adding "They
dispatched over 1,000 emergency first
responders and more than 120 rescue
vehicles to the south and north to save
as many lives as possible." |
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Ari's mission now is to
raise money for the purchase of one of those
ambulances to be donated in memory of Lonnie
Borck. "Lonnie lived a life of kindness,
humanity, and generosity, and would have been
honored to ensure that as many lives as possible
were able to be saved in the land of Israel. May his
memory be a blessing," Donations for this
initiative can be made through a Lonnie Borck
memorial page on the United Hatzalah website at IsraelRescue.org.
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(Posted
December 22, 2023) To refer others to the post
above only (and not the full Lowdown
column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2023/dailyposts/1222.htm
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GoDaddy
Auctions Celebrating Ambitious 2023 Overhaul With
Massive Year End Domain Auction |
GoDaddy
Auctions
is closing out the year with a bang that is
creating a lot of buzz in the domain aftermarket.
They launched a gargantuan NameFind
Premium Domain Auction last week and
have kept it in the spotlight by adding new
names to the mix every day. The auction's
7-day rolling format means individual auctions
will also be ending daily. As of this
writing no specific end date for the auction has
been set but you can see everything that will be
closing over the next seven days. The
scale of this sale is extraordinary. GoDaddy's
Domain Investment Community Manager Jame Iles
gave us some insight into why it is happening now. |
*Details on site.
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"2023
was a phenomenal year for us, as we took
major strides towards our goal of a more seamless,
integrated investor experience," James noted.
"One area we're particularly proud of is the overhaul
of our GoDaddy Auctions platform. This
was a labor of love that started in 2021 and has
thrived through this year with a series of key
releases. We've updated the look, made searching
and filtering a breeze, and enhanced access
to domain auctions. Plus, we've added more data
points and inventory, and improved the backend
infrastructure."
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James
Iles
GoDaddy Investment Community Manager |
"GoDaddy
Auctions is about to wave goodbye to its Beta
phase - but that doesn't mean we're slowing
down. We're planning further enhancements to
keep improving the investor experience. To mark
the end of the Beta phase, we're infusing auctions
with some top-notch premium domains from our
NameFind portfolio with no-reserve prices
and low starting bids. We're also using this
opportunity to experiment with ways to drive even
more buyers for your domains for sale. The auctions
began December 6th with names like Cliche.com, VisitVegas.com
and Sitcom.com
on the block and new premium names added daily. You
can filter for these names within Auctions or head
over to NameFind.com
to be redirected."
James
added, "This is both a celebration of
how far we've come and a stepping stone towards an
even brighter future. Here's to making your
business run smoother and achieving even more
together!"
James
also provided us with a convenient list of key
points about the auctions that will help you navigate
through them and make the most of this buying opportunity. |
Auctions
URL: https://auctions.godaddy.com/beta?q=namefind
Schedule:
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December 6th: Initial batch of
names listed (first batch will be ending December
13)
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Each subsequent weekday: New names added with
7-day auction times
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Auction end dates follow a predictable
schedule (e.g 12/11 additions end on 12/18 but
the final end date of the whole auction event is
undefined)
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Weekends excluded from auction start dates
Premium
Domains:
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First day included high-quality names like Cliche.com and VisitVegas.com
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On the second day we added more domains such
as SalesDesk.com, Appy.com, and Spent.com
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Similar caliber names will be added daily
throughout the event
No-Reserve
Auctions:
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Starting prices vary but all names will sell
with at least one bid
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Essentially, if you place a bid, you can win
the name
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Competitive starting bids (e.g $6,499 for Cliche.com)
Stay
Updated:
-
Since we’re adding new names every day,
it’s recommended that buyers check back daily
to discover new additions
-
Visit NameFind.com for
a redirect to the auction page
(Posted December 11, 2023) To refer others to the post
above only (and not the full Lowdown
column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2023/dailyposts/1211.htm
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ICA
Website for Next Month's Annual Member Meeting in
Las Vegas Went Live Today |
The
Internet
Commerce Association (ICA)
is set to welcome members back to Las Vegas
for their 2024 annual meeting that will run
January 17-20 at Resorts World. The
venue was selected for a return engagement after last
year's meeting there proved to be a
hit with attendees. Today, the ICA launched a new
meeting
website dedicated to the upcoming
event. That provides a central location for
checking out the agenda,
finding out who
is coming and, or course, securing tickets
if you don't already have them and booking
a room at the hotel. If
you are not a member of the non-profit
organization that fights to defend domain
owner's rights, you should be! It is easy to
do, with multiple membership levels that make it affordable
for all corporate and individual supporters of the
invaluable association to join.
This is the perfect time to get on board too.
Anyone who joins at the Premium Individual Level
can get 50% off the $599 price for a
meeting |
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ticket.
Those joining at the Bronze Level will get a free
ticket. Step up to Bronze Plus or Silver and get
two free tickets or Gold and above to score three.
The ICA has a rewarding
and entertaining experience waiting for their
members. For those who will be in town Wednesday
evening (Jan. 17) they even have a group trip to the
fabulous new Las Vegas Sphere planned
(available until the limited supply of tickets runs
out). Daytime Thursday (Jan. 18) will be for group
networking activities with a Red Rock canyon hike,
pickleball tournament or visit to the Mob Museum
being just a few of the options to choose from. The
welcoming reception will be Thursday night, followed
by a full business day Friday (Jan. 19) and a
closing reception Friday night that will include an
amazing Mentalist show.
Some will stay over to
spend the weekend in Las Vegas. If you are doing
that, they will have a a couple of extra events
Saturday (Jan. 20) just for you, including a morning
Broker Breakfast and an ICA and The
Domain Industry Through the Years session at
11:30am as welcome bonuses. We will be there to
cover it all and hope to see you there too!
|
(Posted
December 8, 2023) To refer others to the post
above only (and not the full Lowdown
column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2023/dailyposts/1208.htm
*****
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12-Month
Study Shows .Store Strength and How New gTLDs Can
Cut Through the Clutter |
ICANN
launched
their new gTLD program over a decade ago,
resulting in more than 1,100 new
domain extensions being available for
registration today. However, the ten
most
popular new gTLDs, less than 1%
of total TLDs, account for 53% of
all new
gTLD registrations. It is obvious that
reaching a high level of success with new
gTLDs is not an easy task. Even so, in
July ICANN green lighted the creation of another
round of new gTLDs that are expected
to arrive in 2Q-2026. With the already
stiff competition soon to get even
tougher, it is imperative that current and
future new GTLD operators figure out how they
can stake out a profitable piece of the
market for themselves. |
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A
good way to do that would be to look at what today's
successful operators have done to cut through the
clutter. That group includes Radix,
the operator of ten new TLDs, who has made
several of their extensions stand out in the crowd
using a multi-pronged strategy that has
included building
communities around specific TLDs, conducting
unique marketing campaigns that reward
participants and providing credible research that
demonstrates the inherent value of their TLDs.
With respect to the latter tack, Radix
commissioned a recently completed
independent 12-month
SEO study of .store
domains (one of the ten most popular
new TLDs) conducted by eCommerce
marketing agency Contrast
Digital.
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The
purpose of the study was to determine if there
were any performance differences in using a
.store vs a .com domain for an
eCommerce website. Contrast Founder Elliott
Davidson noted, "There isn’t any public
data available on this so to test this, we
launched two eCommerce sites that were the
same, selling the same products, the only major
difference being that one used .com and the other
used a .store domain name extension. We wanted to
run this as any business owner or creator would
want to do for their own store from a resources
and knowledge perspective. As such, the stores
were built using Shopify and we didn’t
invest an excessive amount of time into paid or
SEO that couldn't be replicated into a monthly
owner's workload." "The
main thing here is that, unlike most other
experiments like these, these would be actual
stores customers could buy from, not just a
front as a way to collect the data. This way, the
experiment could be as real as possible. So that
search engines and users interpret the sites as
unique, we reworded the content."
The
study determined that the
eCommerce businesses using .Store domains got 87% more traffic, a
12% lower cost per conversion and achieved
2X visibility by ranking faster and higher on search engines. |
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Suman
Das
Radix, VP of Brand Operations
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With the new
study in hand, Suman Das, VP of Brand
Operations at Radix, now has an even
stronger case to make for why eCommerce
entrepreneurs should have .store on their
radar. "A .Store domain inherently
communicates a clear, retail-focused
identity, helping businesses to stand
out in the crowded online
marketplace," Das said. "By
slashing customer acquisition costs and
boosting store visibility, .Store can
provide a marketing advantage to eCommerce
business owners. These advantages are vital
for businesses looking to establish a strong
online presence, drive more traffic, and,
ultimately, increase sales. The results of
this study not only highlight the
effectiveness of .Store, but also reinforce
our commitment to providing solutions that
address the real needs of the eCommerce
seller community."
Suman added,
"For eCommerce business owners, customer
acquisition and website traffic
are some of the key challenges today.
In fact, in a recent survey conducted by GoDaddy
Venture Forward (.pdf file), 42%
of small business owners listed online
marketing through ads, promotions, and
social media as one of the top three
challenges when starting their
business." |
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(Posted
December 4, 2023) To refer others to the post
above only (and not the full Lowdown
column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2023/dailyposts/1204.htm
*****
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