Morning Folks!!
Now that the current attendees have had a one day head start, we are now ready to open registration for our Las Vegas Show May 28-31 2014.
We have just 25 tickets at this level.
The price of $1495 includes 3 nights at the Bellagio making this the lowest Early Bird rate we have offered in years.
Prices are good until this Friday. After that, the $1495 price remains the same, but we only include 2 nights at the Bellagio.
Rick Schwartz
Evening Folks!!
It was rather stunning event at TRAFFIC today and the last panel of the show, Meeting of the Chiefs". First, we found out that the $25 Million in reported domain sales by DNJournal.com for the 3rd quarter of 2013 was about 1/2 to 1/3 of unreported sales just by Escrow.com alone as reported by TheDomains.com.
Further, Andee Hill from Escrow.com went on to say that the total dollar volume of domain sales that get processed through Escrow.com, greatly exceed the amount that gets reported saying; “we close in some weeks more dollars in domain sales than what other company’s report in sales for the entire year."
Lastly, when asked about any sales larger than the record $14 Million Sex.com sale, we found out that Sex.com no longer holds the record. Andee Hill said she knew of one for $20 Million and Greg McNair added he also knew of a sale in excess of the sex.com sale. Now this does not mean there have not been sales in excess of $20 Million because this does not include private sales using buyer and sellers own lawyers that may hold even larger sales. Some specualte they may have reached levels of $50-$100 Million.
Let me close with this.
The domain channel is much larger than anyone thinks and top notch domain sales are SIZZLING! There is no hotter commodity on the market today than a meaningful domain name.
Rick Schwartz
Morning Folks!!
I am certain that in the days ahead you will read many accounts of the seminar that folks might talk about for a very long time. It was as good as billed and perhaps better!
There was passion from each and every person on the panel and the debate was respectful but intense. I think the result was more clarity on each side.
.Club had a point of view and .Kiwi had a point of view.
One of my favorite points of the debate is when Monte and Frank disagreed and they were on the same team. That was priceless.
My partner was Lonnie Borck and for those of you that know Lonnie, he is sharp and smart and was able to boil it all down to simple things. Like .whatevers MUST sell to survive while with .com there is no concept to sell.
The basic disagreement I have with Frank is that he believes .whatever will devalue .com and I believe it will do just the opposite. Increase the value of .com Nothing I have not said right here on this blog before. Many times. I look to history for my answers.
I compared the prices of .com domain names today with the historical salaries of baseball players. I believe that domains are on a par with what Babe Ruth made or maybe as fas as Mickey Mantle. But these guys never earned the tens of millions stars earn today.
And even as Football replaced Baseball as the National Pastime and Nascar has become bigger than both, salaries in baseball continue to go up.
So I put that question to the attendees and the vote was overwhelming that .com prices would go up as a result of all this.
Photo Lifted from: http://www.dnjournal.com/archive/lowdown/2013/dailyposts/20131021.htm
Howard and Danny did "Man on the street" and the interviews were more than surprising.
One young guy in his late 20's said Facebook is where his company website is. The crowd laughed. He said is website was under construction. More laughter. Two said they did not have websites and don't want one. That surprised many. None knew of the new gTLD's. So the point is while we know this and that because we do this fo a living, Main Street is far behind and I think the audience was stunned by how far! These were just random small businesses that were picked.
We touched on many subjects and as I said, there will be a number of stories about what took place and it was all good!
I want to thank Frank for doing this with me as well as Monte Cahn from Rightofthedot.com, Jeffrey Sass of .club and Tim Johnson of .kiwi and Lonnie Borck.
We did record the session and we plan to put it online for all to see. I am certain you will enjoy it and find great value with it. It's just a sample of what we do at TRAFFIC. Should be online within the week. YOU be the judge.
Rick Schwartz
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