DomainFest

2010 Domain Conferences I Plan to Attend

I enjoy going to domain conferences for a number of reasons, and Andrew’s analysis of domain industry conferences got me thinking about which ones I will attend in 2010, even though the current year hasn’t concluded yet. In 2009, I attended DomainFest, GeoDomain Expo, and TRAFFIC Amsterdam, all of which were great shows. The next domain conference I plan to attend is TRAFFIC New York in October.

I haven’t committed to attend any domain conferences in 2010 yet, but I am beginning to plan my conference schedule. Because of the expense of travel (conference, hotel, transportation) and the amount of time I am dedicating to building out my operational websites, I think I am going to cut back next year.

Here are the shows I plan to attend. Which shows will you be attending?

Domainer Mardi Gras
When: February 11-13
Where: New Orleans
Cost: $795 Early bird through October 15
Why: I heard the conference last year was fantastic, and it will be a great opportunity to see friends and colleagues in a more relaxed atmosphere. I love New Orleans, flights from New York aren’t too expensive, and hotel rooms are reasonably priced. I also know the people who organize the conference are down to earth, fun people, who know how to have a good time.

GeoDomain Expo
When: April 28-30
Where: New Orleans (During Jazz Fest and Heritage Festival)
Cost: Under $1,000 (not yet released)
Why: The Geo Domain Expo is the premier conference for geodomain developers and owners who want to build out their domain names. The conference is a great place to get to know the leading developers in more of an intimate setting than other conferences.

TRAFFIC
When: TBD
Where: TBD
Cost: Under $1,500 (not yet released)
Why: I am going to attend either one of the European or Asian TRAFFIC shows in 2010. It’s a great opportunity to meet other domain investors who I wouldn’t ordinarily see in the US.

Pressure is on Oversee.net

Oversee.net LogoBased on events and announcements throughout the domain industry during the last couple of years, as well as declining PPC earnings trends and harsh economic conditions, I believe there must be considerable pressure on Oversee.net. Here’s a quick third party view of things that have transpired.

Oversee.net purchased Snapnames, which was the leading platform to purchase expired and deleting domain names. They had many exclusive drop catching deals in place with some of the leading registrars.

A few months later, Enom launched Namejet, a direct competitor to Snapnames. Some of the exclusive registrars later shifted from Snapnames to Enom, costing Snapnames some of the better dropping domain names.

Oversee purchased Moniker a leading domain registrar and auction house that primarily held its live auctions at TRAFFIC shows during the year, grossing millions of dollars. TechCrunch reported the purchase price at $65 million.

Oversee announced staff layoffs.

Oversee holds a great annual domain conference in January, DomainFest, which is held in Hollywood, California with considerable fanfare and high praise from industry professionals.

Crowd favorite and Director of Business Development, Ron Sheridan departs from Oversee’s DomainSponsor.

Rick Latona enters live auction business directly competing with Moniker auctions at some TRAFFIC shows.

Rick Latona signs exclusive deal with Rick Schwartz and Howard Neu to partner on the TRAFFIC shows, leaving Moniker on the outside. In 2009-2010 TRAFFIC will expand to 6+ domain conferences annually, and it doesn’t appear that Moniker will be the auctioneer.

Fabulous announces free security feature which will compete with Moniker’s expensive Max Lock program ($19.99/domain or $124.99/portfolio), and Fabulous also announced a free privacy protection service that will compete with Moniker’s privacy, which costs $4.00 per year.

I know Oversee.net is managed by some smart people, but it seems that many deals they’ve made haven’t worked out as well as they wanted them to work out, and in other cases, competitors are offering better products/services at better prices. Oversee companies were the best of breed in some categories, but now it seems that’s being chipped away rapidly by nimble competitors. Oversee is a well funded company with big time VC backer Oak Hill Capital Partners, but who knows how much of that investment remains and how much previous investments are currently worth.

The people that make up the company are a primary reason why I do business with more than one Oversee company. However, with tough economic times, there are difficult business decisions that have to be made. The pressure seems to be on Oversee, and it will be interesting to see their next move.

Guide to Attending a Domain Conference

I received an email from a reader named Bernard, who is new to the domain industry:

With the Traffic domain conference coming up, is there any chance you could do a blog post on how a newbie such as myself could maximize their 1st time domain conference experience?   I hear so much about ‘networking,’ and how valuable it could be.   I just want to make sure I can be properly prepared for this and any other important considerations! Any advice would be sincerely appreciated.

First off – I want to say thanks for the email and for asking this great question. My first domain conference was TRAFFIC New York, which also happened to be the first time I received significant traffic to my blog, as I live blogged the auction results. Going from being a passive domain investor, where the only communication is done via email and message boards, to attending a conference can be exciting.

Below is some advice I’d like to share on how to make the most of attending a domain conference.

Before the conference:

Before you make your trip, I think it’s vital that you have business cards printed along with the name of your company or your focus (ie Domain Investor, SEO Expert, Venture Capitalist…etc). Whether you have a private company or you are an independent entrepreneur, you should have business cards made that identify you and provide your contact information. You are going to meet many people, and a business card exchange will enable you to keep in touch after the show.

It might sound silly, but prepare a brief description about who you are and why you are attending the conference. You will bump into people all over the place (I met the partner of someone who is now one of my closest business friends while leaving the bathroom at TRAFFIC). Sometimes it’s difficult to really describe what we do as domain investors, so it’s always good to think about it before being asked.   For example, “hi, I’m Elliot Silver. I am a domain investor, domain developer, and I have a domain blog.”

Email all of your domain colleagues to ask if they are going to the conference. Although the conferences aren’t filled with thousands of people, it can still be difficult to meet everyone you plan to meet due to a variety of circumstances. Make plans to meet ahead of time, and exchange cell phone numbers to make sure you are able to meet up. Before you go, set up meetings with suppliers/partners to introduce yourself, because it’s much easier to communicate when you know the person with whom you are dealing.

During the Conference:

One of the nice things about domain conferences is that just about everyone is eager to meet other people in the industry. My advice is to introduce yourself to as many people as possible – especially at lunches/dinners, outside of panels, and inside before the panels begin. One thing to be cognizant of is that many people have known each other for years. If you see a small group of people in a discussion, it might be private. Try to meet people who look like they aren’t in mid-conversation – especially because there are going to be many others who have never attended a conference either. Trade business cards where possible.

Attend as many of the panels of interest as possible, and if you have follow-up questions, try to meet with the panelists after their presentation. Most are more than willing to share, although some may have other meetings or people waiting to speak with them. It’s best to keep an exchange short, get contact information, and follow up with any questions in an email. Also, if you will remember a discussion better with notes, then by all means take them with a pen and paper or on your computer.

Take your laptop to the show floor. You can connect to the wifi network, send emails when an idea is triggered, and you can take detailed notes. Just keep an eye on your laptop for obvious reasons.

Be sure to mention   your domain forum nickname when you introduce yourself to people, as many people don’t even know other peoples real names! You may consider adding this info on your name badge for easy reference.

This might sound silly, but at the events there is always tons of free booze (who doesn’t like free beer and liquor?). If you are attending your first conference, I’d take it easy on the drinking so you can remember everything and everyone you meet. You will also have an easier time getting up in the morning, too!

After the Conference:

Go through your conference notes, conference guidebook, and business cards you collected, and follow up on all of those things that you said you would. It’s important to tend to the things you’ve learned ASAP, otherwise you are bound to forget!

Email the people you met to give them your email contact information and follow-up on anything you may have discussed. If you meet dozens of people, you will want to be in contact with those who may be able to help you and your business.

I am sure there are plenty of other things that people can think of, and it would be great if you post your advice, comments, or feedback to help others who may be attending their first domain conference this year.

DomainFest Highlights Available Online

The DOMAINfest website has been updated with content from their January 2009 conference.

Visitors can now view a collage of photos taken at the event.   Also posted are full- length videos of each session so that attendees and non-attendees can benefit from the vision and advice of our expert panelists.   In addition, there are a number of written and video testimonials available. They give a flavor for the business-building and networking opportunities that DOMAINfest Global offered.

The links are:
http://www.domainfest.com/videos
http://www.domainfest.com/photos
http://www.domainfest.com/videotestimonials
http://www.domainfest.com/writtentestimonials

The updated website also mentions the feedback from the DFG post-event attendee survey.     Sample findings include:

–       97% of survey respondents rated DOMAINfest Global as valuable or extremely valuable.
–       87% rated the sessions and content as valuable or extremely valuable.
–       84% of respondents said that they were able to meet with industry leading vendors and service providers.
–       81% met new, influential business contacts.

The video of the fireside chat with Steve Wozniak, the keynoter and co-founder of Apple Computer, is also on the site. As many of you know, Steve has been in the news lately with his appearance on “Dancing with the Stars.”

DomainFest was Best

I returned to New York last night after spending a week in California visiting Burbank and attending DomainFest Global.   It always seems that each domain conference is better than the previous conference I attended.   This can certainly be said about DFG. Aside from the panels (which were good), the networking opportunities were phenomenal – both during conference time set up for networking and during the parties in the evening. Believe it or not, I even had several great discussions at the Playboy Mansion (all involving domains and development… get your mind out of the gutter, friends!)

I don’t typically attend all of the panels, but the few I attended had good information and dialogue. Typically at domain conferences, I maximize my time meeting colleagues, introducing friends, and learning about what others are doing to increase the value of their domain names and generate revenue from them. The atmosphere and layout at DFG was great for individual meetings and discussions involving several people. There were a few times in the exhibition area where people from different backgrounds had great conversations just by happenstance because we were sitting on adjacent couches.

Some people who didn’t attend are going to look at the results of the domain auction and possibly consider it a low point for domain owners.   I disagree with this view for a couple of reasons.   Even in tough times, close to a million dollars in domain names were purchased.   Sellers don’t have the need to drop their prices and give away their names.   This shows some strength, as weakness would be indicated by great domain names being listed at very low reserves, as domain owners need to sell ASAP. This just isn’t the case, and owners of good domain names aren’t looking to sell them in a down market.

This was the best domain conference I have attended so far, and it is a tribute to the hard work of everyone at Oversee.net who oversaw a great show.   Even in difficult times, amid lowering revenues and layoffs, the team at Oversee pulled through and gave us a great conference.

DomainFest Global Recap – Day 1

3

As with most industry conferences, the first day of DomainFest Global was mostly spent catching up with old friends who I don’t get to see on a regular basis.   It was good to see most people in positive spirits, and it looks like the tough economy is helping people step out of their comfort zones to explore new ways to generate revenue with their domain names.

Here are a few notes from the first day:

Several months ago, I wrote about domain security and how I thought there could be improvements made to add an extra layer of protection over our domain names.   Moniker introduced MaxLock a while ago, and I learned last night that Name.com has a great new security feature available. As reported in CNN Money today, Name.com is offering customers a security key fob with an ever-changing authentication pass code.   Customers must enter their standard password, and they are then prompted to enter the security code from their key fob.   This is certainly a great way to protect a domain portfolio.

Rick Latona wrote a compelling post about why domain investors should consider attending the TRAFFIC show in Amsterdam.   He and I spoke about it in greater depth last night, and I all but bought my ticket to the show.   I have to work out a couple of things, but I am fairly certain I am going to attend. I know enough about country code domain names to know that I need to learn more about them.   I saw them used quite frequently throughout Europe during my honeymoon, and it seems like a good way to diversify a domain portfolio.   Tickets to attend TRAFFIC Amsterdam are now on sale.

The Moniker no/low reserve auction netted about $128,000.   Not too bad in my opinion and a fairly good start to the show.   Eat.net was a pretty strong sale in my opinion, and there were also a few bargains.   Nothing really sold for a lot less than I expected, which is a strong sign.

Mike’s beautiful wife Judi celebrated her birthday in style last night and I am glad I had the chance to wish her a happy birthday in person.   One of the more difficult aspects of traveling to a conference is that I leave my wife for a week because she can’t miss her graduate school classes. Mike is very lucky to be able to travel to these conferences with Judi, and the best thing is that they both realize just how fortunate they are, and they always look like they are enjoying each other’s company.   Here’s to many more good years (and to Bandit’s leg healing quickly!)

Last night was a blast.   I had the chance to spend time with my friends at Thought Convergence – parent company of Domaintools and Trafficz, who continue to innovate and expand in the industry.   I also finally was able to meet Craig and Stephen of WhyPark.   I recently launched one of my niche domain names with WhyPark (Oenophiles.com), and I hope to share some results and feedback in a few weeks.

Well, that’s it for now.   I am running on little sleep right now, but I am pumped to get the day started.   This is what happens when you travel across the country and are on New York time in California!

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