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August 27, 2012

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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.

Latest Quarterly Domain Sales Data From DN Journal & Sedo Shows Nice Uptick in Aftermarket Activity + Rick Latona Weighs In On The Crowded Conference Calendar

Over the weekend we sent out our latest newsletter to opt-in e-mail subscribers. The lead story was an analysis of 2Q-2010 domain sales reported to us by the various sales venues across the industry. The highlights included a 26% jump in sales revenue from the previous quarter (rising from $23.1 million to $29.1 million) and a 38% jump over the same quarter in 2009 (expanding from $21.1 million to $29.1 million). 

Further evidence of a solid market rebound came today when Sedo released their 2Q-2010 Market Study. Sedo said they logged $22 million in sales representing the fourth consecutive quarter of rising sales there (they did not break out the percentage gains from previous quarters). (Editor's note: We do not track sales below four figures in our own records, so Sedo's sales total includes millions of dollars worth of lower end sales that we do not request from them and that are not included in our totals).

Sedo said that a  total of 11,146 domains were sold in their global domain marketplace during the quarter with .com remaining the most popular extension, accounting for more than 46% of their total sales and 74% of their gTLD sales (other gTLDs would include .net and .org). The average price of a .com domain was $2,401

Sedo.com COO Jeremiah Johnston

Sedo also continued its reign as the aftermarket's dominant player in ccTLDs. Germany's de was the most popular country code (Sedo is based in Germany), accounting for 64% of their ccTLD sales. Great Britain's .co.uk and the European Union's .eu were the next most popular ccTLDS with each claiming a 15% share of Sedo's country code sales.

Sedo.com's Chief Operating Officer, Jeremiah Johnston, said, “While the economy is still emerging from the downturn, Sedo continues to show positive growth, revealing a strong and steady domain market that will help to fuel future economic growth. Companies and individuals across the globe are now looking at domain names as a critical component to the success of their marketing campaigns."

In addition to our latest newsletter, we published another major article over the weekend - a preview of the T.R.A.F.F.I.C. Dublin conference coming up in Ireland August 24-25. Show promoter Rick Latona detailed what is in store for Dublin attendees and also gave us his frank opinion on the explosion in the number of domain conferences currently being staged by various promoters around the world. 

Latona, who is responsible for five of this year's six T.R.A.F.F.I.C. conferences said, "I knew that six T.R.A.F.F.I.C. shows would be a lot to handle but I never thought that Oversee and Sedo would each come out with their own 5-6 show plans. This has gotten silly. I’ll be the first to admit it. Even Chef Patrick and Rob Monster have jumped into the circuit. Where does the madness stop? I know I started it, the chaos at least, and I’ll be the first to bow out by not going bat sh*t crazy in 2011, but this is still 2010 and I’m finishing what I started."

From that comment, it is obvious that Latona does not intend to be involved in so many shows next year. Odds are we will see T.R.A.F.F.I.C. return to the two or three shows a year schedule they were on before Latona cut a deal with co-founders Rick Schwartz and Howard Neu to stage four shows outside the U.S. in 2010 (as well as T.R.A.F.F.I.C. Las Vegas last January). 

Rick Latona

One other note today - with all of the hoopla surrounding the re-launch of the .CO extension last month, fans of the TLD may not have heard about a new community that has sprung up on Facebook for .CO enthusiasts. You can visit it here: http://www.facebook.com/codomains.

The admin for the community, South Africa's Dean Cannell (of JustCOs.co), wrote that the Facebook project's mission is "To provide you with the latest News, Updates, Developments, New Sites, Domain Sales and more, pertaining to the new .CO Domain name extension."

(Posted August 2, 2010)


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