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2010 T.R.A.F.F.I.C. Las Vegas Preview: Our Interview With Show Promoter Rick Latona

By Ron Jackson 

There have been many landmark shows in the T.R.A.F.F.I.C. series since it began in October 2004.  The upcoming show at the Hard Rock Hotel in Las Vegas January 21-23 promises to be still another one as the Rick Latona team takes over production of the U.S. show for the first time.

Latona and his crew got their conference production feet wet (and acquitted themselves very well) when they licensed the rights to stage an international T.R.A.F.F.I.C. show in Amsterdam last June. That led to a new partnership with T.R.A.F.F.I.C. Co-Founders Rick Schwartz and Howard Neu under which Latona will produce five of the six T.R.A.F.F.I.C. shows scheduled in 2010 (Schwartz and Neu will stage just one on Miami''s South Beach in October).

To find our exactly what the Latona team has planned for this month's big event in Las Vegas we hooked up with Rick Latona for this special interview: 

 

DN Journal: After making a successful debut as a conference promoter last summer in Amsterdam, Las Vegas won't be your first rodeo. What did you learn from that show that you think will make your second outing even better?

Rick Latona: In Amsterdam we didn't really know what to expect so we did everything. More than anything, we are more focused now. Vegas will be all about networking. There will still be nice parties and everything that we are used to but we've really tried to focus on the business aspects of the show. We want our customers to have a return on their investment. It is supposed to be profitable to attend industry events.

DN Journal: Rick Schwartz and Howard Neu have been the faces of T.R.A.F.F.I.C. since the series began in 2004, but now you will take center stage. What changes have you made to put your own personal stamp on the show?

Rick Latona: Actually I'm going out of my way to not put my personal stamp on the show. Self promotion isn't the reason I licensed the rights in the first place. For one thing, I don't have the time to focus on being the moderator like Howard was. I prefer to be the promoter along with Rick and Howard this time around. This is why we've hired Rick Silver to be the official moderator for T.R.A.F.F.I.C. 2010. Anyone that has seen Rick speak will immediately know that he is more than qualified. He also comes across to me as unbiased and will be the perfect neutral party on stage.

Again, this is not the Rick Latona show. This is T.R.A.F.F.I.C. and it is for all of us in the domaining community.

DN Journal: The previous T.R.A.F.F.I.C. conferences in Las Vegas have been held at The Venetian. This show moves to the Hard Rock Hotel & Casino. Tell us about the new venue and how staging the conference there will change its overall atmosphere?

Rick Latona

Rick Latona: I love the Venetian but I hate the 30-minute walk it takes to get from your hotel room to the conference area. Let's face facts. We are not the type of show that will draw 5,000 attendees so why put the show in such a large venue?

Besides being just the right size for us, the Hard Rock is much more fun and laid back. It should appeal to our age group more than the Venetian. It's also right in the center, even though it is off strip. You can get anywhere in Vegas quickly from the Hard Rock.

DN Journal: You solicited input from a broad range of  show registrants to see what they wanted from the conference. Tell us what you learned from that research and if any of the feedback you got back came as a surprise to you?

Scene from networking session at Latona's T.R.A.F.F.I.C. Amsterdam show last June.

Rick Latona: We asked people to choose two reasons they attend trade shows. The options were parties, networking, location, auctions and seminars. The overwhelming majority chose networking. In fact, I don't think anyone didn't include networking as one of their two.

Networking was followed by auctions, then location, then seminars. Parties didn't get a single vote. I'm not sure that any of the answers was particularly surprising though I was a little startled that parties didn't get a single vote. 

DN Journal: One thing I immediately noticed when looking at the Las Vegas show agenda is that no sessions will start before 12 noon. No one has done that before but I thought that it made a lot of sense and really tailored this show to the city it will be held in. With its many attractions Las Vegas is a city where people tend to stay up late. Was this scheduling change made because you are in Las Vegas or do you plan to employ a similar schedule across all of your shows?

Rick Latona: All of our shows will be starting later but Vegas is particularly late. The brunches do start before noon though and there is content during the brunches that you won't want to miss.

One thing we learned from Amsterdam is that many of the sponsors want to throw their own private parties. It's also been a while since there was a show in Vegas for our industry and I'm just anticipating late night crowds.

DN Journal: With respect to the agenda itself, what do you anticipate some of the highlights will be? 

Rick Latona speaking at 
T.R.A.F.F.I.C. Amsterdam -
June 2009

Rick Latona: We are starting out with back to back networking events and a cocktail party. The idea is that we want people to know each other right away. That will pay dividends as the show progresses.

Our legal panels in 2010 are going to be very focused. We will be breaking down and analyzing specific WIPO cases which have happened in the last couple of months. Going to the shows and attending those seminars will be a great way to stay up-to-date on the real issues.

We have a lot of other noteworthy events but another one worth mentioning here is our “Playing the Drop Market” panel. I've yet to see such a thing at a domain show but it is such a big part of our business.

DN Journal: This will be the first show where Rick Latona Auctions will be the sole auction provider after a couple of years where there have been multiple auction providers at T.R.A.F.F.I.C. conferences.  Do you think having one major event will be better received than 

multiple sales have been in the past and have you made any changes that you think will make the upcoming sale a particularly successful one?

Rick Latona: I don't think anyone wants to see two auctions at one show. I had told Rick and Howard that whether they did a deal with me or not, there should only be one auction.

That said, the auction isn't the only major event. We have the Test Track which is main event 2. I'll talk more about that in a bit.

DN Journal: With six T.R.A.F.F.I.C. shows scheduled for 2010 it was inevitable that you would bump up against conferences staged by other companies. In this case, Oversee’s DOMAINfest Global will follow almost immediately after T.R.A.F.F.I.C. Las Vegas. Some have speculated that this will split the potential registrant pool for both shows, while others think having the two events back to back on the West Coast will make it more likely that many will take in both shows because they can do it on a single trip. Based on your early registrations what is your take on what, if any effect, the dates are having on your event?

Rick Latona: We realize that the dates are very close to the other shows but we needed to do a show in January or February. Our other alternative was to do one in Europe but that would have been even harder for people. What if you had to do Milan, L.A. AND New Orleans in three weeks? In the end, we decided to do west coast and right next to Oversee's event so people could go to one, have a day off then drive or fly to the other.

DN Journal: One of the big events on the agenda, Test Track, provides an opportunity for people seeking capital for their businesses to throw their best pitch to potential investors. Let’s close by hearing more about that as well as your "elevator pitch" for T.R.A.F.F.I.C. Las Vegas and why this specific show is one that people are not going to want to miss?

Rick Latona: With Test Track we are creating an environment where real entrepreneurs are pitching their businesses to real investors. We expect deals to happen. As for my 

Hard Rock Hotel - Las Vegas
will host T.R.A.F.F.I.C. Jan. 21-23.

elevator pitch, T.R.A.F.F.I.C. remains the industry's event. All of the record breaking auctions have happened at T.R.A.F.F.I.C. events. We all met at T.R.A.F.F.I.C. events. The face of our industry is T.R.A.F.F.I.C.

DN Journal: Thank you for your time. It is not too late for those who want to attend T.R.A.F.F.I.C. Las Vegas to register. We will be there to cover it of course. Look for daily updates from the show in our Lowdown section as well as a comprehensive conference review article that will be published after the show ends. 

*****


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