Business is Now Open For Business. Will You get Your Share?

Afternoon Folks!!

Just a few weeks ago there was widespread doom and gloom throughout the industry. I really have never seen anything quite like it and wrote about it several times with these posts I have linked to in this opening paragraph. But it does prove Human Nature once again. So many give up just before success shows up and could have rescued them. Are we on the eve of a "Frenzy"? We may be and here is why.

You can thank the gTLD's in part. In large part. Embrace or reject, does not even matter.

Really!

Why?

Because it forced the Fortune 500 companies and those down the chain to discuss their long-term domain name strategy. They most likely never had that discussion before and if they did it was in the last century. Maybe the first time they ever had such high level meetings about the subject of domains. And the outcome will be mixed. But I can tell you that the majority rejected the notion and then the conversation turns to the long-term strategy and online vision and what it will take to compete. And it would be a natural progression of things to discuss the .com domain name they have and the one or ones they want going forward as well as what domains their competition uses.

And since they can't buy any gTLD's right now, the other group that may embrace gTLD's loop around to the same conversation since you can't buy what isn't available.

It's just a phenomenon and one that can be predicted and seen but can't be controlled. It has to happen in a natural way and that is exactly what is happening at this very point in time. Right on schedule. In board rooms everywhere. The dynamics have changed. They have been changing all summer long as I have been stating. I see it as a volcano, you can react after it erupts or you can tune in to see the subtle differences before it blows and position yourself.

Rick Schwartz

 

 

HallofShame.com has a New Member… Bergzeit GmbH

Morning Folks!!

We have had the domain name Bergzeit.com on our Hall of Shame watch listand today marked 3 for 3 as 3 on the watch list has now been found guilty of Reverse Domain Name Hijacking. Bergzeit GmbH represented by Riegger Rechtsanwälte, Ludwigsburg, Deutschland is now a Reverse Domain Name Hijacker!

I am also told that another domain on the Hall of Shame watch list case, Share.tv, complaint has been withdrawn. Maybe folks are starting to get the message?

Rick Schwartz

Rick Schwartz Nails Fourth 7 Figure Domain Name Sale!

Morning Folks!!

As you know I aim to sell no more than 1 domain per year to bridge that 20 year gap I talk about all the time. In June I stated that the "Financial Recession is over". Now look at the wording. The keyword there was "Financial". That meant that the institutions were back on solid ground. We paid for that as the incomes declined and so did standard of living. But that discussion is for another day. I wrote that on June 9th.

But the one I wrote 2 days later spelled it out even more clearly:

"In 2007 I wrote about it and prepared for it cuz I saw in coming.

In 2008 we were in New York City when they were jumping out of windows.

In 2009, 2010, 2011 we lived thru the fallout.

In 2012 we started rising from the ashes and by the end of 2013 we may be roaring back. My first post about this just 2 days ago."

On June 22nd I write a post entitled:

"I Stated the The Recession Was Over on June 9th! Now Even Bernanke Agrees." That post is here.


On June 24th I asked "What Evidence there was that the recession was over?" That post is here.


On June 28th I talked about the "Great Domain Industry Boom" That post is here.


On July 11th I stated "Keep sitting on the sidelines but this is 2003 all over again!" That post is here.


On July 12th I explained why "Domains were the single most undervalued asset in the world." That post is here.


On August 1st I explained how we were entering a new era. That post is here.


On September 1st I shared the story of my first days in domaining. That post is here.


On September 3rd I explained why this was the most important Labor Day ever! That post is here.


On September 8th, just 10 days ago, I proclaimed that 2013-2018 would be the "Golden Era of Domaining". That post is here.


Point is I spent all summer writing about this during the period of doom and gloom so I would be 100% clearly on record like I have never been before and that is not an easy thing to do as I have been on the record for a very long time.


In 2003 the sale of Men.com ignited things overnight. It was the fuel that gave birth to T.R.A.F.F.I.C.


This time it was not overnight. My new 7 figure sale was preceded by 2 other huge 7 figure sales just in the last 10 week!!


Just a few days ago, on 9/11, IG.com sold for $4.7MM


In July 114.com was sold for $2.1MM


Compare that to 2012 when there were only two reported  7 figure transactions for the entire year. Investing.com at $2.45MM and PersonalLoans.com at $1MM.


So with my new sale that I can make public in the weeks ahead, that makes three reported sales in just the last 10 weeks! That's significant. And what is even more significant is the size of the sales.


So fine, ignore all those posts and sit on the sidelines. But my only question is "How can't you see what is coming?" More importantly, "How can't you see what is here?"


Evidence can't be ignored. Just today Elliot is reporting the sale of Chicago.com now confirmed by Crain. I think it safe to say it was well into the 7 figures if not more.


Stop selling yourselves short. If you have premium domains you are set for life. If you don't, and the $$$ are not rolling in, scrap what you are doing and go get some before it is too late.


Rick Schwartz