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The Rise (and Fall?) of Domain Conferences - For Years They Have Thrived But Can They Survive Oversaturation?

By Ron Jackson 

 

A history of the domain conference business and a look at its future prospects in an increasingly crowded field.

In June 2009 I began my review of the Domain Roundtable conference that had just been held in Washington D.C. by writing, "When I walked onto the National Mall in Washington a few days ago, I felt like I had just finished competing in The Amazing Race. I was in the nation's capital for my sixth major domain conference in six months. Since mid-April I had averaged a show every two weeks." 

Clearly the conference calendar had gotten a bit crowded but I figured it probably would never be that busy again. Fast forward to 2010. The annual show schedule began Jan. 21 with the T.R.A.F.F.I.C. Las Vegas  

 

Decisions, Decisions! There are more 
domain conference options than ever 
before. Is this too much of a good thing 
for show promoters and/or their guests? 

conference and over the next 23 days I wound up attending three major domain conferences - an average of one every 8 days!

That is not a complaint. I continue to get great value from every show I attend, but you have seen the question raised - can the industry continue to support the number of conferences that are now being held? 

In 2010, at least a dozen large scale events are on the show docket including 6 T.R.A.F.F.I.C. conferences, 2 DOMAINfest events, a Domain Roundtable (dates and location still to be announced), a GeoDomain Expo, a Domainer Mardi Gras and the recently announced DNCruise - which will be the first domain show to be held on a cruise ship (can the final frontier - space - be far away now?!).

Still more events may be announced before the year ends...and we're not even counting the regional events held around the world, popular company specific events like the annual SedoPro Forum, local domainer meet-ups or shows (many of them bigger than domain industry conferences) that attract domain owner/developers interested in related topics like affiliate programs, web publishing, search engine optimization, tapping the local advertising market or specific sectors like adult. Whew!

Guests line up to register for the 
2010 T.R.A.F.F.I.C. Las Vegas conference

Of course we would never have seen this conference/meeting explosion if the interest in domains had not exploded as well - so that is a good thing. You also do not hear show attendees complaining. Those who actually go to the various events almost universally give them rave reviews that are posted everywhere from industry blogs and forums to Facebook and Twitter. Those people understand the high value of networking face to face with peers and potential business partners and in learning first hand about the latest developments that will affect their own bottom lines.

While there are far too many conferences for anyone, including me, to attend all of them anymore, the sheer abundance of shows and, equally important, the lower registration prices fostered by the fierce competition, makes it far easier for people to find a meeting they can attend at a price they can afford

The real fallout from conference oversaturation is falling squarely on the 

shoulders of the show promoters. Some now find themselves losing money despite drawing decent crowds and favorable feedback from their guests. Is that sustainable or is a shakeout inevitable? 

That is a question we are going to explore further in this article, but to better understand where we are going, it is important to know where we have been. The full story of how the domain conference business got started is one that only a handful of industry pioneers have been familiar with - until now.

You may be saying - wait - I already know that the large scale domain conference era began with the first T.R.A.F.F.I.C. conference in Delray Beach, Florida in October 2004. That's true, but the idea was planted in the minds of T.R.A.F.F.I.C. Co-Founders Rick Schwartz and Howard Neu two years before they held their landmark debut event - and the truly early conference seeds were planted even earlier that.

Fortunately, before I entered the domain industry in May 2002 (and before DN Journal debuted on New Year's Day 2003), someone else was already documenting the initial activities that eventually led to the overflowing banquet of domain meetings that we enjoy today. That someone was Marcia Lynn Walker of MyrtleBeachTV.com and DomainerTV.com who, along with her husband Warren, were among the first people I met in this business at the first T.R.A.F.F.I.C. conference in 2004. 

Marcia was a member of a private domain forum that Schwartz had begun operating a decade ago. In 2000 and 2001, Marcia had a chance to meet a few those board members one on one in 

Marcia Lynn Walker
MyrtleBeachTV.com

personal visits. In 2002 those meetings continued and expanded into small group gatherings. Marcia has published a complete timeline and even photographs of those early meetings on a web page at MillionaireClub.net. The notable meetings included one at Schwartz's Boca Raton, Florida home in July 2002 that was dubbed BocaFest.  
 

Dean Shannon
Dark Blue Sea founder

In October 2002 another event was held thattruly set the stage for the birth of domain conferences as we know them today. Dean Shannon, the founder of Dark Blue Sea (the Australian parent company of Fabulous.com) invited the board members and other clients to come to Beverly Hills, California to hear about some new products and services his company was launching. Two other Dark Blue Sea execs (now well-known industry figures, Richard Moore and Dan Warner, were also on hand to greet guests when they arrived at the Beverly Wilshire Hotel for an event that came to be known as DeanFest in honor of Shannon. 

The guest list included a virtual Who's Who of the domain industry - both then and now - with people like Frank Schilling, Scott Day, Sahar Sarid, Steven Sacks, Donna Mahony and Roy Messer (to name just a few) among  those on hand (Marcia identifies and has photos of many others at MillionaireClub.net).

Also in attendance were Rick Schwartz and Howard Neu. The T.R.A.F.F.I.C. co-founders liked what they saw at DeanFest and after a few more small group meetings in 2003 and 2004, they decided the time was right for a large scale conference for domainers that would bring people from around the world together to meet face to face and discuss ways to grow their young businesses. 

That historic show, the first T.R.A.F.F.I.C. conference, was held at the Delray Beach Marriott October 20-23, 2004 and it was a huge hit with the 125 or so attendees on hand. They heard Schwartz declare "We are the real estate barons of this era" and they had good reason to believe it.

Schwartz and Neu made sure everything from the food to the keynote speaker (actor/author Ben Stein) was first class. Their attention to detail and determination to give their guests a world class conference experience gave everyone who was there a sense that they were part of an emerging industry that was for real and that was destined to go places that many of them had never dreamed of going before. In the ensuing five plus years - that sense that something big was about to happen  was realized as domain values rocketed and mainstream business investors began piling into the space. 

T.R.A.F.F.I.C. Co-Founders Rick Schwartz & Howard Neu (R) at their first conference in 
October 2004 at Delray Beach, Florida

Industry conferences played a huge role in getting their attention and spurring the growth we have seen since 2004. They also played a huge role in permanently changing relationships between domainers. Instead of being limited to online messaging between between screen names people from all over the world were now meeting face to face, producing new business partnerships and life long personal friendships

Fresh off their initial show's success in South Florida where both men reside , Schwartz and Neu decided it was time to take the show on the road. They formulated plans to hold the a T.R.A.F.F.I.C. West in Las Vegas in May 2005. However a problem cropped up. One of the attendees at their debut show, Jay Westerdal (who at the time owned and operated Name Intelligence Inc. - the parent company of DomainTools.com), announced he was starting a show of his own to be called Domain Roundtable that would debut in Seattle - also in May 2005. 

GoDaddy Founder Bob Parsons
was among the guests at the
2005 Domain Roundtable 
conference in Seattle.

The opposing shows wound up colliding as they ran on the same dates that month (T.R.A.F.F.I.C. rolling May 24-27 and Roundtable May 25-27). My daughter happened to be graduating from high school that same week so those wound up being the only T.R.A.F.F.I.C. and Roundtable shows I have ever missed. I did however still manage to put reports together on both conferences; Domain Heavyweights Leave Las Vegas Stronger Than Ever After Quality Time at Traffic West and Debut Edition of Domain Roundtable Served Up Rich Banquet of Seminars and CEO's.

Roundtable scored a coup that year that helped establish the show's credibility. They got GoDaddy Founder and CEO Bob Parsons to attend and serve on a panel (we had profiled Parsons in a September 2004 Cover Story the year before). To date the 2005 DRT show remains the only domain conference Parsons has appeared at though GoDaddy has continued to send other executives to industry shows over the years. 

Interest in domains was so strong that neither show had its momentum blunted by that face off in 2005. As it would happen, the competition for attendee dollars was just getting started. In 2006 both T.R.A.F.F.I.C. and Roundtable would face new challengers as DOMAINfest and the GeoDomain Expo arrived on the scene.  

Oversee.net's DomainSponsor division, who had been T.R.A.F.F.I.C.'s lead sponsor, would end up going into the show promotion business themselves with a pair of regional DOMAINfest shows in 2006 - the first in Barcelona, Spain in July of that year and the second one in Oversee's hometown - Los Angeles - in September 2006. 

That same year, DomainSponsor's Ron Sheridan told me about a group called Associated Cities that was staging their first GeoDomain Expo in Chicago June 2-3, 2006. I had a scheduling conflict at the time so could not consider attending, but I kept the Associated Cities and GeoDomain Expo names in mind and would learn much more about both later that year when I meet AC Executive Director Patrick Carleton and AC board members and brothers Michael and David Castello for the first time at the 2006 T.R.A.F.F.I.C. East conference in Hollywood, Florida

A popular December 2006 Cover Story about the Castello Brothers 

(L to R): Michael Castello, Ron Jackson & David 
Castello
at the 2008 GeoDomain Expo in Chicago

came out of that meeting and the following year I would attend my first GeoDomain Expo when I was invited to be the keynote speaker at their November 2007 conference in San Francisco. I have been to every one since then and continue to benefit from the Expo's unique focus on domain development.

2006 was a year of strong growth for the T.R.A.F.F.I.C. conference. They started the ball rolling for everyone with that initial show in 2004, then expanded to two events in 2005 - the Las Vegas conference I mentioned above and another back in Delray Beach in October 2005 that drew twice as many people as their debut show had attracted in the same location the year before.

In 2006, T.R.A.F.F.I.C expanded yet again - moving to three annual shows - Silicon Valley in January, Las Vegas in May and Hollywood, Florida in October. The Silicon Valley show was the first one designed to get the attention of high tech investors by putting the event in their own backyard. 

Part of the crowd that turned out for the 2006 T.R.A.F.F.I.C. Silicon Valley conference

This strategy worked extremely well and as that year progressed investments involving tens of millions of dollars started pouring into the domain industry to form or purchase companies, bur large portfolios or both. Meanwhile, the Las Vegas and Florida shows both doubled their attendance from the previous year as each event set records by signing in more than 500 people.

Domain Roundtable, sticking to its one a year format, returned for its sophomore outing in April 2006, this time moving across Lake Washington from Seattle to Bellevue, Washington. That was my first Roundtable conference and the event produced by Jothan Frakes made a big impression on me. There was not just one - but four keynote speakers, including Internet pioneer Vint Cerf and  then ICANN President and CEO Dr. Paul Twomey. The conference also had a unique four-track format which had multiple seminars all going on at the same time. You could pick and choose from the menu to design the "curriculum" that best suited your business.

If there has been one golden year in the domain conference business, 2007 was it. Business was booming in just about every corner of the industry and the growth at the shows reflected that. The year got underway in January with Oversee's first DOMAINfest Global conference in Hollywood, California

Jeff Kupietzky (then Oversee.net's General Manager, now their President and CEO) 
welcoming guests to the first DOMAINfest Global conference in Hollywood, CA (January 2007) 

Oversee obviously learned well from the two smaller regional shows they had run in 2006. A combination of a very low $395 registration fee, great content and entertaining social events staged in the entertainment capital of the world served notice that Oversee intended to aggressively compete  for leadership in this space.

Crowd at DOMAINfest Global 2007 listening to keynote 
speech from TechCrunch.com founder Michael Arrington.

T.R.A.F.F.I.C. rose to the challenge with a trio of spectacular shows in 2007 beginning with T.R.A.F.F.I.C. West in Las Vegas that March.  I still have a vivid memory of walking into the ballroom on the first day of that show and having my jaw literally drop when I saw how big the crowd was. Over 600 people were in the room at the Venetan Hotel. 

Just part of the record-breaking crowd at T.R.A.F.F.I.C. West 2007 in Las Vegas  

It was also a this show that then SnapNames VP Nelson Brady made what was to my knowledge, his only public speaking appearance. In 2009 Brady would be identified as the infamous alleged shill bidder "Halvarez" who reportedly cost SnapNames bidders hundreds of thousands of dollars. It is a mess that current Snapnames owner, Oversee.net is still in the process of cleaning up. Oversee bought SnapNames two months after this 2007 T.R.A.F.F.I.C. conference.

In June 2007, T.R.A.F.F.I.C. made another huge move by taking their show to the media capital of the world - New York City - for the first time. This show was arguably the biggest one ever for the T.R.A.F.F.I.C. series. A record (that still stands) $12 million worth of domains were sold in Moniker's live auction at the show. It was a far cry from the first auction at T.R.A.F.F.I.C.'s debut show when names were written on a dry erase board and people could walk up and put their name and bid next to a domain if they were interested in it. 

The conference also attracted multiple 

Nelson Brady (AKA Halvarez)
speaking at T.R.A.F.F.I.C. Las Vegas 2007

mainstream media representatives for the first time with the Associated Press, Forbes Magazine and all of the major New York newspapers sending reporters

Above and below: Scenes from Moniker's record-breaking $12 million
live domain auction at T.R.A.F.F.I.C. New York 2007.

T.R.A.F.F.I.C. closed out their golden year when they returned to Hollywood, Florida in October 2007 when a former U.S. presidential candidate, Steve Forbes (of Forbes Magazine), as their keynote speaker! Forbes expressed admiration for domain investor/entrepreneurs and that in itself was probably more important than any other single thing he said in his speech. 

Steve Forbes after delivering his keynote 
speech at T.R.A.F.F.I.C. East 2007

As I wrote in my review of that show, "Those who missed the Internet/domain boat and remain bitter about their lack of foresight now stop at nothing to cast the entire industry in the most negative light possible. It is their hope that people will believe their misrepresentations (and outright lies) so that laws and dispute resolution policies can be changed in a way that will allow them to grab the assets they previously did not want - but now cherish - without having to pay for them. It has to be a blow to that camp to see one of the most mainstream of successful mainstream businessmen - and a respected political figure - stand up and give entrepreneurs in our space the credit and respect they deserve." 

That is not to say that here in 2010 we have won the PR war - clearly we haven't, but every battlefield win helps people who have a sense of fair play see through the smokescreens opponents have put up in an effort to steal assets they have no valid claim to take.

Domain Roundtable and the GeoDomain Expo also moved forward in 2007. The Expo with the San Francisco show I mentioned earlier and Roundtable with a return to Seattle in in August 2007. Stephen Douglas took over as producer of this show which introduced some impressive high tech twists including a new Internet auction platform that allowed people at home to bid online in real time along with those in the auction hall. That system helped generate close to $4 million in sales. 

DOMAINfest Global again kicked off the new year in 2008 with their second Hollywood event, one that helped them move the ball further down the field as a crowd of 600 flocked to the Renaissance Hotel for the show. The many highlights of this conference included a Town Hall meeting with Frank Schilling who answered the audience's domain related questions and a keynote address from Wired Magazine co-founder John Batelle

Frank Schilling answers audience questions at DOMAINfest Global 2008

T.R.A.F.F.I.C. grew yet again in 2008 by adding their first international show, a event in Australia that closed the year after three U.S. conferences. They kicked off 2008 with a February return to Las Vegas, then in May took their road show to Disney World in Orlando for the first time. Attendance was off for this show with most speculating that Disney's family atmosphere didn't appeal to the many young men who make up such a large part of the industry demographic. The general economy and PPC payouts were noticeably starting to slip by this time which also had to play a role. Whatever the reason for the lower turnout, those who were there agreed this was one of the most fun shows in the entire T.R.A.F.F.I.C. series - one that presented an overall experience they would gladly do again.

Brandishing a sword, Dr. Chris Hartnett gets into character for the 
Pirates of the Caribbean ride at T.R.A.F.F.I.C. Orlando 2008 in Disney World.

Keynote speaker Barbara Corcoran (from 
ABC-TV's Shark Tank) with Rick Schwartz
 at T.R.A.F.F.I.C New York 2008

The economic downturn people were noticing in May 2008 had turned into a full fledged meltdown by the time T.R.A.F.F.I.C. took its next lap around the track - returning to New York in September for a show at a new venue - the Brooklyn Marriott. Still, even as the goliaths across the East River on Wall Street had entered into a tailspin, the domain investors gathered in Brooklyn remained optimistic about their prospects. 

Rick Schwartz put things into perspective in welcoming comments to attendees saying, "There is no doubt that we are at the epicenter of history in the making. All the titans of business across the street are crumbling and here this little tiny group of domainers is becoming the next generation of "real estate" barons in the world. Domains may turn out to be the safest asset in the world. You can control them from anywhere in the world at any time - you don't have to wait for the bank to open - you can move them on a whim. They produce income

and if you have good ones, the value is rising. So we have a lot to be thankful for." That is something that has remained true throughout a historic recession that has still not been vanquished as I write this in early 2010.

In November 2008, T.R.A.F.F.I.C. made their first big overseas leap with a show on Australia's Gold Coast that was staged by Fabulous.com under a licensing agreement with Schwartz and Neu. Fabulous pulled out all of the stops and many show regulars told me they thought this was the best show they had ever attended. They loved the exotic locale and flipped over the unique adventures Fabulous took them on during the week. Even so, Fabulous lost money on the event and that is a perfect illustration of the problem all show promoters currently face. With fewer attendees to go around, how do you continue to produce a big budget world class event without losing your shirt? That is something I'll talk more about in a moment because it is a problem that other show promoters have also had to deal with since 2008. 

Several domainers accepted an invitation from an Aborigine dance troupe to show off 
their moves at the November 2008 T.R.A.F.F.I.C. Down Under conference in Aus
tralia.

With so many great shows dotting the calendar in 2008 it was becoming clear to promoters that they had to go out of their way to offer something fresh and compelling in order to retain or build their share of the market. Domain Roundtable hoped a change of venue from Seattle to San Francisco for their 2008 show would help them stem the tide. Even though the conference was held in the fabulous Palace Hotel, attendance stalled near the 200 mark.  

The show was sandwiched in between two other major conferences in the City by the Bay, AdTech just before and Web 2.0 immediately after Roundtable. The domain conference pulled some people from each but that gain was offset by the dates conflicting with the Passover holiday that kept some domainers of the Jewish faith at home or resulted in them leaving early for seders (traditional dinners) Saturday night.

This would turn out to be the last Roundtable show staged under Jay Westerdal's Name Intelligence, Inc. Soon after the show ended it was announced that he had sold the company to Los Angeles based Thought Convergence (parent company of TrafficZ.com). The happy marriage soon hit the rocks and two sides wound up suing each other (the dispute was still in the court system as if this writing) however Thought Convergence had kept the Roundtable conference alive. 

Former Sex.com owner Gary Kremen 
giving his keynote speech 
at Domain Roundtable 2008

For the GeoDomain Expo, 2008 brought a July return to Chicago where the conference had been born two years earlier. This was a superb show that cinched my belief that the geodomain community is doing some of the most important work in our industry by showing the rest of us a path to success through development that can free domain owners from the whims of the search engines giants, Google and Yahoo, who sit at the top of the PPC pyramid. Most mainstream conferences have borrowed from the geo community's theme and incorporated a greater emphasis on development in their own shows. 

Despite softening attendance at many shows, still another competitor entered the conference ring in 2009. Domainer Mardi Gras debuted with a well received show in New Orleans in February 2009 - right in the middle of the world famous Mardi Gras celebration. Though there were some content sessions the emphasis was clearly on social networking for this event and that was fine by DMG guests. There is no better place for a party that New Orleans during Mardi Gras and that combination served as a differentiator that helped DMG carve out their own niche in a crowded field. 

Guests at the 2009 Domainer Mardi Gras conference in New Orleans got a birds eye view 
of the Mardi Gras celebration on Bourbon Street from their own private balcony.

2009 was also a breakout year for DOMAINfest Global (DFG) who made some huge waves with a little party of their own - at the Playboy Mansion. That helped boost both their turnout and the buzz for DFG in general. Our show review article's headline "Triumph in Tinseltown: DOMAINfest Global 2009 Raises the Conference Bar" summed things up pretty well. 

Guests begin arriving at the Playboy Mansion party staged 
by DomainSponsor at the 2009 DOMAINfest Global conference

Inside the DomainSponsor tent at the Playboy Mansion 

This show looked like a million dollars, largely because that's how much it cost to produce. Which brings us back to the question I asked a few paragraphs back, "how do you produce a big budget world class event without losing your shirt?" Well, it helps to have a lot of shirts (as DOMAINfest parent Oversee.net has) and to be able to allocate the loss of some of those shirts to your marketing budget. 

Revenues at the gate may not cover the show expenses, but the promotional value that Oversee gets for their DomainSponsor, Moniker and SnapNames units more than makes up the difference. They are going spend that money on one form or advertising, marketing and promotion or another.  Spending it on an unforgettable conference where you get to interact face to face with your current and potential future customers is a smart play on their part.

This is where T.R.A.F.F.I.C. was at a disadvantage in 2009. They had no other businesses to promote, so they had to make their money at the door or through auction commissions and sponsorships (this situation changed when Rick Latona became a T.R.A.F.F.I.C. partner for the 2010 shows - more on that in a moment). 

With the general economy now in freefall, Schwartz and Neu decided to run just two domestic shows in 2009 while licensing rights a third - their first European show - to Latona. They started by seeing if they could recapture the magic of their 2006 Silicon Valley show with a return to Santa Clara in April 2009. The show was the fourth major conference in a string of six that various promoters shoe-horned into the first six months of 2009 and that fact combined with the weak economy kept attendance down at the same 200 level they had seen the previous spring in Orlando.

Even though the crowds are smaller the quality is still very high because the costs of attending shows is less of an issue for the most successful

Networking session at T.R.A.F.F.I.C. Silicon Valley 2009

domainers than it is for those just starting out or still working their way up the ladder. That means that even though smaller crowds are not good for promoters who have to deal with sky high fixed costs, they are advantageous to attendees who want to meet exceptional people who can have a real impact on their business. You often miss making many of those connections when the shows are twice as large. 

In June 2009 T.R.A.F.F.I.C. went to Europe for the first time with a ccTLD themed show in Amsterdam staged under license by Rick Latona and his team. I thought this was a great show as it gave everyone a chance to make dozens of new contacts from the other side of the pond while enjoying the many attractions in one of Europe's most popular cities. 

Cocktail party in the courtyard at the historic West Indies House in Amsterdam 
during the T.R.A.F.F.I.C. cccTLDS conference in June 2009
.

Just days after this successful show, Latona and T.R.A.F.F.I.C. co-founders announced a new partnership starting in 2010 that would have Latona running four more shows outside the U.S., plus one in the States while Schwartz and Neu handled just one mega show set for Miami's South Beach October 17-20, 2010

T.R.A.F.F.I.C. closed out its 2009 schedule with an October return to New York that was accompanied by a good crowd of about 300 even though an ICANN meeting was running in Seoul, Korea at the same time, pulling away many people who would have been at T.R.A.F.F.I.C. Otherwise. It was a good way for Schwartz and Neu to end a non-stop five year run before taking a well deserved year off before they saddle back up, renewed and refreshed, for that South Beach show next fall. 

Oddly that T.R.A.F.F.I.C. New York show was the only major show in the second half of 2009. Six others had squeezed into the first six months of the year. Domain Roundtable was the last show in that conga line with a June event in Washington, D.C. - their first event with new owner Thought Convergence in charge. 

With so many conferences running in front of it and the economy still a huge albatross, attendance was predictably light but that didn't stop show producer Laura Schmidt and her team from staging a first class high value event that registrants really appreciated. 

The 2009 GeoDomain Expo was held in sunny San Diego in April, right before T.R.A.F.F.I.C. Silicon Valley and that event continued to delight its unique audience of geodomain developers.

That brings us to 2010, the busiest conference year to date. Just two months into the New Year we already have three shows already under our belts; T.R.A.F.F.I.C. Las Vegas and DOMAINfest Global in January and Domainer Mardi Gras in February. 

Laura Schmidt (Thought Convergence) 
making sure everything is just right 
for guests at the company's 
2009 Domain Rountdable conference.

The 2010 T.R.A.F.F.I.C. Las Vegas show held at the Hard Rock Hotel was the first U.S. conference staged by Rick Latona under his new partnership agreement with Rick Schwartz at Howard Neu (Latona will produce four more T.R.A.F.F.I.C. shows this year - all outside the U.S.). Like all T.R.A.F.F.I.C. shows this one proved to be a crowd pleaser, but attendance stayed the same range as the 2009 shows other than New York where a considerably larger crowd turned out.

Rick Latona welcoming attendees to the 
2010 T.R.A.F.F.I.C. Las Vegas conference.

I mentioned earlier that with no other businesses to promote, Schwartz and Neu's compensation was limited to the revenue they could generate  from their show. Latona on the other hand has a major auction platform (Latonas.com) and a popular sales newsletter to promote. T.R.A.F.F.I.C. doesn't have to make a lot of money (or even turn a profit) for him to still get a lot of value out of running the show and its auction (as part of his partnership arrangement Latona became the sole auction provider for T.R.A.F.F.I.C.).  Still Latona can't and won't ignore the bottom line as he also has to make sure his new partners make money from the asset they entrusted him to run.

Despite being the pioneers in this space, Schwartz and Neu showed they have no intention of standing pat. With the Latona partnership they are continuing to push the envelope with a bold move into international markets that will take the domain story (and the T.R.A.F.F.I.C. brand) to new locales around the globe (this year alone, T.R.A.F.F.I.C. will appear for the first time in Italy, Canada, Ireland and Hong Kong). By the time they come back home for the South Beach show in October, nine

months will have passed between domestic T.R.A.F.F.I.C. conferences I expect the pent up demand (along with the world famous location) to result in a monster show. 

With a year to prepare and talented staff that runs their show with military precisions, Oversee's DomainSponsor unit drew a record crowd (in the 650-700 range) to the 2010 DOMAINfest Global conference that moved across town from Hollywood to Santa Monica

The 2010 DOMAINfest Global conference drew the show's biggest crowd yet.

Oversee will now try to duplicate the success they have had with this show overseas through a recently announced DOMAINfest Europe conference that will be held in Prague, Czech Republic October 6-7, 2010.

The 2010 Domainer Mardi Gras conference served notice that it intends to be more than just a massive party. Under the direction of new Executive Producer Michael Ward, DMG had some great seminars this year giving this event a double barreled agenda that gave attendees a great week in terms of both business and pleasure. This show, backed by Parked.com, will remain an annual event that, with its unique Mardi Gras setting and strong post-show word-of-mouth buzz, should continue to attract an audience despite the strong competition.

The 2010 Domainer Mardi Gras conference expertly combined business and pleasure.

As we move forward from here, the next two shows on the schedule illustrate the problem promoters now have finding an open spot on the calendar.  The 2010 GeoDomain Expo locked in April 28-30 dates in New Orleans long ago. With six T.R.A.F.F.I.C. shows to fit into the calendar, Latona wound up having to scheduled his upcoming Milan, Italy show on conflicting dates - April 27-29

Since the two shows have completely different themes (T.R.A.F.F.I.C. Milan will focus on ccTLDs, the GeoDomain Expo on .com development), have a relatively small amount of crossover between their audiences and sponsors, and will be held on separate continents, the conflict shouldn't have a huge impact on either show. Still, it is not the ideal situation as the industry's focus will have to be divided between two events going on at the same time.

October 2010 will be another partticularly busy month with three shows scheduled to run consecutively; DOMAINfest Europe (Oct. 6-7), DNCruise (October 11-15) and T.R.A.F.F.I.C. South Beach (October 20-23). 

All of which brings us back to the question posed in the headline for this article - "The Rise (and Fall?) of Domain Conferences - For Years They Have Thrived But Can They Survive Oversaturation?"  My answer is an emphatic yes - they will certainly survive (perhaps not every single one but as a class, domain conferences will remain an indispensible part of the industry). The shows provide too much value for attendees, who overwhelmingly love the conference experience, to go away. For them "oversaturation" just means having more great options to choose from. 

For the show promoters and their sponsors the game has become a lot tougher though. The audience pie is being split a lot of different ways so for most the revenue stream has been cut. Normally you would expect a wave of consolidation to kick in but so far none of the promoters has blinked. In fact in seems like every year a couple more enter the fray. 

Attendees love conferences because they help 
them take their businesses to new heights.

Some, especially those who can't draw funds from a marketing budget to underwrite the high cost of show production, will, sooner or later, have to trim some expenses (perhaps food bills, opening night cocktail hours or extravagant parties) to keep their costs in line with revenues. 

In the past sponsors have helped underwrite a lot of those expenses but with so many shows in operation, the sponsors - despite having a desire to be wherever domainers gather - have only so much money they can allocate to promotion at conferences. 

So, going forward, I don't expect every conference to be a mind blowing extravaganza (though we will certainly continue to see some of those). Those that are not like the Super Bowl, World Series and March Madness all rolled into one will still offer plenty of value - especially in the area attendees say is most important to them - networking opportunities.

Morgan Linton (left) interviews Rick Silver 
(N49.com) for his Domainvestors.TV series.

Over the years I have seen many industry newcomers catapult their businesses to a new level of recognition and success by getting out there on the show circuit and meeting people face to face. There is no substitute for that. Over the past 6 months I can point to people like Bruce Marler, Morgan Linton and Patrick Ruddell (Chef Patrick) as prime examples of what I mean. 

The shows will always have an audience because they provide an invaluable service. It will be up to the individual promoters to find a model that works for both them and their guests so that conference organizers can maintain (or grow) their share of the show pie (most have already done that). As time goes on, market forces will balance supply and demand for conferences - just as it does for almost every other product or service.

 

*****


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