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August 27, 2012

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Here's the The Lowdown from DN Journal,
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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.

High Value of Generic Domain Names Underscored By Swap.com and Oversee.net CEOs in New Interviews 

The high value of generic domain names  was the topic of conversation in two interesting new interviews with industry leaders - one released in print and the other in video format. 

Yesterday, BostInnovation.com, a site that covers business innovation in the Boston market,  published an interview with Swap.com CEO Jeff Bennett, a man already very familiar to those in the domain industry since he served as the President of NameMedia before moving to his new position earlier this year. 

When Bennett joined his current company it was known as SwapTree, but last week the firm was re-branded as Swap.com. In his interview Bennett talked about the huge advantages that come from owning such an intuitive brand - one he describes as "descriptive" rather than generic (I have to admit, I think that is a better term as well). "We don’t have to spend millions of dollars in advertising to convince a consumer what we are. Swap.com is all about swapping!," Bennett said.

Bennett also told interviewer Kyle Psaty "The 

Jeff Bennett
CEO, Swap.com

re-branding will allow many efficiencies in how we market the company to expand our current offerings. Adopting this “category killer” name also implies that we are more than just a book, music, movie or game swapping site. We have plans to expand and serve a wider set of categories and the whole swapping market."

Jeff Kupietzky
Oversee.net President and CEO

Generic domains were also a big part of the conversation in the excellent first episode of Simon Johnson's new video interview series at DomainerIncome.TV. Johnson flew from his home in Australia to Los Angeles to chat with Oversee.net President and CEO Jeff Kupietzky at the company's headquarters. Jeff is one of the industry's best spokesmen (you may have seen him on national TV last month when he was interviewed on CNBC). 

In talking with Johnson about the value of high quality generic domain names, Kupietzky drew an effective analogy between those kinds of domains and what was once undeveloped beachfront property in Los Angeles. As those properties were developed and their potential clearly demonstrated, the value of similar properties sky-rocketed. Kupietzky noted that the build out phase for generic domains is just now beginning so we are likely to see prices continue to rise for especially desirable domain names. 

Check out the full 13-minute interview - I think you will find it well worth your time and you are sure to be impressed by DomainerIncome.tv's highly professional production values and Johnson's solid performance as an interviewer and host. 

(Posted August 31, 2010)  


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