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January 22, 2013

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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.

Michael Cyger Reaches a Major Milestone as DomainSherpa.com Posts Its 100th Show 

When Michael Cyger launched the video interview site DomainSherpa.com a little less than two years ago (on February 9, 2011), it quickly became clear that an important new domain industry resource had arrived. Michael knew the best way to get reliable, useful information was to get it straight from the horse's mouth. So he began lining up one pioneering domain investor, developer or industry leader after another to sit for in-depth video interviews that others could learn from. 

Even though we live in a short attention span society, Cyger refused to cut corners. If it took an hour (and often more) to get all of the valuable information he wanted to get on the record, he took the time to do it. I always thought that was the right choice. Even though most people prefer quick soundbites, how serious can you be about succeeding in this business if you can't spend an hour or so listening to what someone who has already been there and successfully done that has to say? Consider his now massive video interview library to be a college course in domaining without the tuition fee!

Michael Cyger

Cyger is an excellent interviewer whose main objective is always to zero in on what his subject can share with viewers that will help them make more money in their own businesses. With the time that Michael (and Wayne Nelson,  the producer he brought on board to help last year), put into show prep time as well as the production of each video, I don't think that anyone expected that now - before DomainSherpa has even reached its 2nd birthday, it would have 100 quality interviews available on the site. 

DomainSherpa hit the century mark yesterday (Monday, Jan. 21) when Michael posted an interview he did with me just a few days earlier. It was the second time that Cyger turned the tables on me by having me answer questions rather than ask them. He first did it in March 2011, shortly after launching the site and I was honored to be asked back for show #100.  

This time around we talked a lot about the current state of the domain aftermarket and the prospects for 2013 - including how the impending arrival of hundreds of new gTLDs may affect things. When we recorded the show I had not yet broken down all of our 2012 domain sales data to see how the year stacked up against the previous one. I did that in the days that followed and the results are detailed in our latest monthly newsletter that went out to opt-in subscribers by email yesterday. 

The domain market had its 
pluses and its minuses in 2012.

Split decision image
from Bigstock

The bottom line was that median domain sales prices rose in 2012 even though the total dollar volume of sales reported to us was down due to fewer blockbuster sales at the ultra high end of the market (only two reached seven figures in 2012). The most encouraging thing we saw in the numbers was a solid surge in sales in the most recent quarter - 4Q-2012. If that trend continues in the New Year, 2013 may be the turnaround year we've all been waiting for since the Great Recession reined in a booming domain market.  

While sales trends will continue to fluctuate, based on Michael Cyger's track record to date, I expect 

DomainSherpa's video library to do what it has done over the past two years - rapidly expand - and that will pay big dividends to viewers who wants to learn more about the ever changing, but always exciting, domain business

(Posted January 22, 2013)


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