Day
2 (Thursday, Sept .1) - Bodis Keynote Hall
After
a very busy opening day
and night at the 2022 NamesCon Global
conference at the Omni Hotel in Austin,
Texas, attendees returned to the Bodis Keynote
Hall at 10am Thursday morning, September 1 for another
full day of business sessions, networking and social
events.
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Above
& below: Despite a late night for many attendees,
seats quickly filled up in the Keynote Hall for the
day's first session. In it, pioneering domain
broker Andrew
Miller (Managing Director at Hilco
Digital Assets) shared The Secret to Premium
Domain Deals - a subject he is intimately
familiar with. Andrew has been in the middle of many
of the biggest domain sales of all time. You don't
hear the specifics about most of the them because
sales at this level almost always come with
non-disclosure agreements, but industry veterans are
well aware of what Andrew has accomplished over the
past two decades. In this session he shared how sales
at this level get done and this was another one
of those special events that made a NamesCon ticket
look like a bargain, even it was the only session you
went to see. |
Above:
Next up at 10:50am, Gaurang Sinha, Vice
President for Revenue and GTM at Titan
detailed a path for Accelerating Revenue Through
Strategic Cross-Sells for Registrars and Resellers.
It’s an exciting time to
be in the namespace business. As more new companies
set up their web presence, a new revenue stream for
anyone who sells domains at scale is growing their
share of wallet with these new customers with
cross-sells like email and hosting. But quantifying
the revenue opportunity is tricky. Gaurang shared how
his team simulates the revenue opportunity (with
actual market data) for your business.
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Above:
As one of the domain industry's select group of
"super brokers", a lot of people look at Saw.com
Co-Founder Jeff
Gabriel and wonder how he gets such extraordinary results year after year. So when
he shows up a conference ready to tell you how to Become
Your Own Broker everyone sits up and takes
notice. This was a MasterClass in tried and true
selling techniques. For
those who wanted to handle their own domain inquiries
and sales, Jeff told them how to combine sales
techniques with cutting-edge technology to maximize
revenue and thrive in this highly-competitive
industry. After playing a role in over $500,000,000 in
domain sales over the years Jeff knows what works as
well as what doesn't so you won't waste your time with
the latter. |
Above:
In the final Bodis Keynote Hall session before the lunch
break, Andrew Miller returned to the stage to
join Braden Pollock (Legal Brand Marketing), at
left, and investor Joshua Reason (center) to
talk about NFTs: Why They Are The Next Trillion
Dollar Market. You have no doubt noticed that your
social media feeds have been flooded with NFTs,
however few have actually caught the attention of
the world at large. The panelists explored why NFTs
are about to explode (in a good way), what makes an
NFT valuable, how to identify an emerging winner, and
what the future looks like for these blockchain-based
assets.
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Above:
Back in the Exhibition Area during the lunch
break we discovered a sure fire way to draw a crowd to
your booth - serve mimosas! I can hear hands
slapping foreheads in marketing offices around the
world right now with exhibitors exclaiming, "Why didn't we
think of that! |
Above:
Also during the lunch break, the Internet
Commerce Association held a Town Hall
meeting for its members. There were a lot more people
there than the photo shows as the walls behind me were
lined with members standing and listening in. The ICA
is always on job, working to protect domain
owner's rights, and they use functions like these to
get feedback from members and make decisions on
the best ways to use the non-profit's resources to
have the most impact on behalf of the investment
community.
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Above:
After hosting a dinner and public party to honor
industry legend Frank Schilling (right) the
previous night, Dr. Gregg McNair had Frank back
onstage in the Bodis Keynote Hall Thursday afternoon
for a fascinating and entertaining interview. If you
want to learn, there is nothing like learning from
the best and this Fireside Chat showed yet again
that NamesCon is the premier place to do
that.
Below:
After the interview with Frank it was time for the Red
Zone: Pre-Auction Warmup - the traditional
session immediately preceding the live domain (and
digital assets) auction - in which a panel of experts
reviews the catalog and points out some of the names
they think are most appealing. The panelists were
(left to right) J.T. Tenenbaum (MediaOptions), Braden
Pollock (Legal Brand Marketing), investor Jason
Sheppard, investor Joshua Reason
and Ammar Kubba (AfterTHOUGHT Inc.).
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Above:
World champion auctioneer Wayne Wheat calls the
action as the NamesCon Global/RightOfTheDot.com
Live Domain Auction gets underway. Below ROTD
President Monte Cahn joins Wayne to help spot
bidders in the full house crowd. The auction generated
more than 50 sales totaling almost $700,000. The
accompanying online
auction is still underway with over 700
lots available and it will continue until the timed
online auction begins closing on Sept 15, 2022.
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The
live auction completed the day 2 agenda on the Bodis
Keynote Hall Stage. Now let's rewind the clock to see what happened on the TITAN Breakout Stage
Thursday.
Day
2 (Thursday, Sept .1) - TITAN Breakout Stage
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Above:
It seems like everybody's favorite question is What's
My Domain Worth? so it made a lot of sense to make
that the first topic of discussion on the TITAN
Breakout Stage Thursday morning. The
panelists were (left to right) Sten Lilliestrom
(Next Venture), Dave Evanson (Sedo), Keith
Deboer (Brandable Insider Podcast), investor Jason
Sheppard, Joe Styler (GoDaddy)
and Braden Pollock (Legal Brand
Marketing). With this group attendees got real-time,
no-BS domain valuations with case studies from
high-profile sales while evaluating names from
audience member portfolios. It was the perfect place
to find out if you have a diamond in the rough or
fool's gold!
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Above:
Next up at 12 Noon, Adam Barlam, Co-Founder at
Decentraweb, talked about how Web3 Will
Revolutionize the Domain and DNS Industries. Barlam
predicted this will happen as Web3 incorporates
decentralization, blockchain technologies and
token-based economies. He also suggested ways
attendees can capitalize on this cosmic shift.
This
was the the last session on
the Breakout Stage Thursday because organizers
wanted everyone to be free join the crowd at the
live auction activities that started after lunch
in the Bodis Keynote Hall.
Now
that we have wrapped up what happened on both stages
on Day 2, let's head out for some of the evening
events in Austin.
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Above:
For many attendees the first Thursday evening
(September 1, 2022) stop was the annual Internet
Commerce Association Dinner at Parkside,
just a couple of block south of the Omni.
Attendees were able enjoy the fresh air on the 2nd
floor Parkside terrace or settle in at a table inside. Among those attracted to the terrace were
these domain industry all-stars (left to right) ICA
Board Member Jay Chapman (DigiMedia), Wade
Smith (GoDaddy), Jeff Gabriel (Saw.com) and
Ryan McKegney (DomainAgents.com). |
Above:
Inside, you might wonder why all of these ICA
members are looking in the same direction. It is
because the ICA's Executive Director, Kamila
Sekiewicz, was standing behind me getting ready to
announce the winner of the the annual Lonnie Borck
Memorial Award! The prestigious award recognizes a
person who has done outstanding work in helping foster
a sense of community within the domain name
industry.
Below:
Now, let's turn around and see who it is! Yes! rhe
award went
to Andrew Allemann of Domain
Name Wire (seen here with Kamila). Andrew
has been keeping the industry connected and
well-informed since 2005 through DNW as well as the
later addition of his popular podcast series that has
now passed 400 episodes! In fact, during NamesCon
Global he recorded 13 new interviews that you
can now hear in his latest
podcast - episode #403. Andrew knew Lonnie well, as
did all of the veteran ICA members, and I have no
doubt Lonnie would have been delighted to see this award
go to him.
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After
the ICA dinner, I went to a party thrown by new domain
monetization company GiantPanda.com
at the Sunset Room a few blocks further south. This
event venue is an open space that makes it possible
for an event organizer to fill it with anything
they want and GiantPanda made great use of that
space to produce a party reminiscent of the over the
top extravaganzas that were hallmarks of the old
T.R.A.F.F.I.C. conferences over a decade
ago. |
Above:
GiantPanda's Texas-themed party had everything from
real longhorn steers (David Clememts of Brannans.com
got up close and personal with this one) to mechanical
bull riding, armadillo races, whisky
tasting, a country band and custom made
cowboy hats to take home as a memento of the
evening.
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Above
& below: Experts in cowboy hat fitting and
finishing were on hand to make sure every guest got a
custom made creation that let them blend right
in when out and about in Austin. You could even
pick your own hat band and decorative feather to
match.
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This
was the end result for me. First time I've had a
cowboy hat on since I was six years old but I could
get used to this one - super comfortable and wide
enough to provide a lot of shade in Florida's hot
summer sun back home.
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I mentioned that
the GreatPanda event was a throwback to
a time many look back on as the golden
age of domain monetization. The majority owner
of GiantPanda is Rick Latona, a guy who seemed
to be everywhere at the same time in those
days, partly because he was such a brilliant
marketer. While the hats were an expensive
giveaway, I'm sure Rick was not the least bit
surprised to see what the floor of NamesCon
looked like the next day - his white cowboy
hats were everywhere! They were not
branded (which let them keep their pure
Western authenticity) but people asked those
who had them on "where did you get
that hat"! Welcome to Word of Mouth 101
and it worked like a charm.
In the "old
days" (10-20 years ago in this business)
there more than two dozen parking
companies. Today only about a half dozen. So,
it seems like an unlikely time to bring out a
new one but Latona said GiantPanda has found a
new, more effective way to monetize traffic
and has already attracted some big
portfolios. I'll be taking a closer look
at and will put together a Lowdown post in a
week or two to let you know what makes it
different.
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Majority
owner Rick Latona at the GiantPanda.com
launch party Thursday night (Sept. 1) in
Austin. |
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