Morning Folks!
From the New York
Times,to the Sydney Morning Herald, to the Christian Science Monitor to CNN
Money, to Fortune, Investors, LA Times, International Herald Tribune and dozens of other publications
throughout the world the domain business is set to hit center stage in 2008.
The new video on TargetedTraffic.com gives domainers something to point to that
is concrete and shows the extraordinary progress we have made.
There has already been a
barrage of headlines about domains from iReport.com sale to CNN to another
blockbuster by Moniker with a $4 million sale of the bored.com website and a collection of
other domain names. Pharmacy is on the market for $50 million. A bit on the
ambitious side but a clue to what is to come.
A perfect storm is forming and it is 13 years in the making and counting. The slowdown of 2008 will be a dream come true for the domain industry. When they re-evaluate where they have been, where they are and where they are going, we will be directly in the path. The bad times are about to bring this industry some really good times. When we talk about the "Good old days," We will be talking 2007, 2008, 2009 and 2010. So don't forget to enjoy what you will look back on very fondly. Make it even better by knowing what is to come. Just in a few weeks some big names have focused on the domain industry. Even the unlikely Christian Science Monitor. While we have been getting more and more ink since 2005 with the Business2.0 article that firmly placed the domain industry on the map, never have I seen it like this. Can we be at the foot of Critical Mass? A $4 million domain sale is just being reported as I write this. In addition, the TRAFFIC auction next week is likely to provide an 8 digit result. 13 years into a 20 year plan. The pie will soon be baked and ready to eat. We are so close, I can smell the fruit.
Have a GREAT Day!
Rick Schwartz.
