Home

Featured in Wall Street Journal · Forbes · Newsweek · MSNBC · USA Today · New York Times ·  Boston Herald

August 27, 2012

Domain Sales

Latest News

Articles

Dear Domey

Resources

Archive

YTD Sales Charts

The Lowdown

Legal Matters

Letters to Editor

Classified Ads

About Us

 

 

 

 

 

 

The Lowdown



Sept. 25, 2008 Post

Here's the The Lowdown from DNJournal.com! Updated daily to fill you in on the latest buzz going around the domain name industry!

Compiled by Ron Jackson
(DN Journal Editor/Publisher)
Subscribe to our
RSS Feed
 

The first full day of the T.R.A.F.F.I.C. New York conference Wednesday featured two highly anticipated live domain auction debuts staged by RickLatona.com and Aftermaket.com. Latona went first at 1:30pm and his auction crew, led by 2008 world champion livestock auctioneer Matt Lowery, helped book close to $700,000 in sales.

Spotter Preston Smith (left) coaxes a bid from an audience member while 
auctioneer Matt Lowery (at the podium) directs the RickLatona.com live auction. 
Latona is sitting to the right of Lowery.

Latona's top sales were MCC.com at $195,000, CountryClubs.com at $85,000 and DayTraders.com at $80,000. Though concern about the general economy kept prices for many domains from reaching levels they would have at last year's New York conference, this was an impressive coming out party for Latona, who may well have the best marketing and promotion mind in the business.  

Aftermarket.com auctioneer Jill Doherty 
helps drum up $150,000 in sales.

At 5pm Aftermarket.com (a new domain sales platform from Thought Convergence (the parent company of T.R.A.F.F.I.C.'s lead sponsior TrafficZ)  staged their first live domain auction. They took a different approach, focusing on a short list of 50 domains with lower reserve prices than you usually see in live auctions. They also brought in Jill Doherty, a talented female auctioneer who provided a nice counterpoint to Latona's entertaining crew of real life cowboys.

The end result was approximately $150,000 in sales led by Illinois.org ($31,000), MadisonAve.com ($17,000) and StayAtHome.com ($15,000). I spoke with Thought Convergence exec Jay Westerdal after the sale and he was pleased with how smoothly the combined online/in-house bidding process worked.

Soon after the auction ended it was time for a lavish dinner sponsored by TrafficZ.com that featured a keynote address from legendary New York City real estate broker Barbara Corcoran 

Barbara Corcoran delivering her 
keynote address at T.R.A.F.F.I.C. 
New York
Wednesday night.

that  thoroughly delighted the crowd. Corcoran, who made millions in NYC real estate, is a frequent contributor to NBC's Today Show. She is just a delightful woman; bright, forthright and full of pleasant surprises. She didn't mind dropping a little salty language into her talk when she wanted to make a point. T.R.A.F.F.I.C. co-founder Rick Schwartz is one of her biggest fans and I can see why - they have a lot in common when it comes to saying what is on their mind and pulling no punches when they do it. 

Corcoran, who is very much a self-made millionaire, expressed a lot of admiration for domainers whom she viewed as kindred spirits. They returned the love by crowding around her for a chance to shake hands long after her talk ended. I'll have some of the details from Corcoran's speech in our comprehensive show article that will pubished around the end of next week. 

The evening closed with TrafficZ's official T.R.A.F.F.I.C. party at the Water Street Lounge on the Brooklyn side of the East River. The comfortable brick-walled old pub on a cobblestone street was a popular choice with attendees and the wall to wall crowd kept the party going into the wee hours of the morning.

Scene from TrafficZ's official T.R.A.F.F.I.C. party last night at the Water Street Lounge.

The final full day of T.R.A.F.F.I.C. New York is underway as we write this. Moniker's main event live domain auction highlights the daytime schedule with the annual T.R.A.F.F.I.C. Awards dinner and a party hosted by Parked.com headlining the evening line-up. We'll have some photos and highlights from the Thursday activities in this column tomorrow.

One other note today. Yesterday we noted we had heard reports that GoDaddy was one of two registrars (Enom being the other) that caved in to Kentucky's demand that several registrars turn over a total of 141 gambling related domains without due process for their clients who owned the domains - this even though Kentucky has no apparent legal right to make such a demand. Today GoDaddy reportedly said those rumors were not true and they did not turn over any domains. If that is the case they are to be applauded. Enom on the other hand is going to have some explaining to do. There were calls from the podium at several sessions today recommending that domain owners move their domains elsewhere (with Moniker, who refused to turn over domains, often cited as a good choice).
(Posted Sept. 25, 2008) To refer others to the post above only you can use this URL:
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/09-25-08.htm


For all current Lowdown posts - Go Here


We need your help to keep giving domainers The Lowdown, so please email [email protected] with any interesting information you might have. If possible, include the source of your information so we can check it out (for example a URL if you read it in a forum or on a site elsewhere). 


 Home  Domain Sales  YTD Sales Charts   Latest News  The Lowdown  Articles  
Legal Matters
  Dear Domey  Letters to Editor  Resources  Classified Ads  Archive  About Us

Hit Counter

 

Copyright 2008 DNJournal.com - an Internet Edge, Inc. company. 
No material may be copied from this site without expressed written consent.