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GoDaddy

GoDaddy is a privately owned, Internet-based company that provides a variety of services including domain name registration, web hosting and e-business software sales. The company, which is headquartered in Scottsdale, Arizona, was founded by Bob Parsons. Parsons previously owned a financial services software company, which he sold in the mid-1990s upon retirement. He came out of retirement in 1997 to form Jomax Technologies, the predecessor to GoDaddy.

Since it’s inception, GoDaddy has risen to become the largest domain registrar in the world, with tens of million of domains registered to its clients. The company ranks as the world’s largest ICANN-accredited registrar; it’s approximately four times larger than its nearest competition. Recent corporate acquisitions include Outright, Locu, Afternic, and Media Temple.

GoDaddy has redefined Internet hosting services, and it has been the recipient of numerous industry awards and accolades. Among these awards are the 2001 Arizona BBB award for Business Ethics and the 2011 SC Magazine award for Best Security Team. In 2011, it ranked number four in the Phoenix Business Magazine list of “Best Places to Work in the Valley” and it made the 2012 Forbes list of “Best 100 Companies to Work For.”

Known for its sometimes controversial commercials and interesting spokespersons, GoDaddy also sponsors a number of charitable causes in support of domestic violence and child abuse awareness, and sports events, including NASCAR and the Super Bowl. In 2013, the company shifted its advertising strategy to focus more on small to medium sized business owners (SMB). Reflecting this change, its commercials and advertising materials shifted from “sexy” to smart.

Change to GoDaddy Auctions Time Extension

I want to pass along a change that is being made at GoDaddy Auctions that might have an impact on your bidding strategy. Here’s the message I received from my account manager at GoDaddy this afternoon:

“As it stands now, any bid that is placed in the last 5 minutes of an auction auto-extends the auction by 5 minutes. This will change to auto-extend to only 1 minute, and a maximum time of 5 minutes 59 seconds (5:59). For example, if you place a bid on an auction that has 4:30 left, it will auto-extend this auction to 5:30.”

“Also as it stands now, any increase of a winners proxy bid amount counts as a new bid and extends the time, this will be fixed to only extend when current price changes.”

Although this change may not seem major, it will have an impact on those who participate in domain name auctions at GoDaddy.

GoDaddy Hires Barton F. Graf 9000 As Its Ad Agency

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Yesterday, the New York Times published an article about GoDaddy’s branding and advertising shift, and the article was also syndicated on Boston.com today. The article noted that GoDaddy has changed its advertising agency of record to a company called Barton F. Graf 9000. GoDaddy had previously been working with Deutsch New York, the agency that began helping GoDaddy change its brand image.

Barton F. Graf 9000 is a New York based advertising agency. Some of the company’s other clients include Axe, Little Caesars, Ragu, Dish, and Kayak. Interestingly, the founder and CEO of the agency,  Gerry Graf, said that he has been a satisfied GoDaddy customer. Whois records confirm that the company’s domain name has been registered at GoDaddy since its creation.

Here are a few excerpts from the article that I found most interesting:

GoDaddy Promoting New Domain Names in TV Commercial

GoDaddy has two new television commercials that are promoting the gTLD domain name extensions to the general public, with the target audience being SMBs. As you can see when you view the two minute video embedded below, the focus of this GoDaddy commercial is the “brand new, more personalized domain names.”

According to Elizabeth Driscoll, ‎Vice President of Public Relations at GoDaddy, “one and two minute versions of the commercial are airing on cable television – channels like CNN, Fox News, Sundance, History and many more.”

This is a good example of how much the marketing emphasis has changed during the past couple of years.

Fortune: “GoDaddy is going public”

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According to an article on Fortune that was published this afternoon, GoDaddy has reportedly filed its paperwork for an IPO. This is the second time the company filed to go public, although the company later opted against it.

I don’t have much to add about this at this point, but I think this is going to be a positive event for the domain space, as it will surely get people in the finance space more interested in learning about the domain name space. In my opinion, outside investment is one thing that has lacked in this business, and having more attention paid to domain names may prove to be a big positive for domain investors.

I look forward to reading articles about the IPO filing as well as subsequent reports about the company. Oftentimes, we learn quite a bit about a company’s business once it files for an IPO, and I assume we will learn much more about GoDaddy in the coming days. For example, recorded  $1.1 billion in revenue in 2013 and it has 12 million customers (according to Business Insider).

I am sure there will be much more news, analysis, and information coming out soon.  If you would like

Who is Responsible for New gTLD Marketing?

It is my opinion that in order for the new gTLD domain names to have investment value for domain investors, there need to be companies who use these domain names for their websites. In order for this to happen, end users need to know what the new domain extensions are and why they should choose them over existing TLDs. These end users also need to be convinced that their domain names will be recognized and trusted by their clients and prospective customers.  Educating these end user buyers will require significant marketing efforts.

This leads me to the question: who is responsible for new gTLD marketing?

On one hand, the domain registrars have direct contact with the prospective end user buyers, and they are responsible for suggesting specific new gTLD domain names to potential buyers. On the other hand, the domain registries operate individual gTLD extensions, and to a large extent, each TLD is its own brand that needs to be marketed to prospective buyers and end users.

I reached out to representatives from several domain registrars and new gTLD registries, and I asked them who they think is responsible for the marketing that needs to be done to make consumers aware of the new gTLD domain names. Below, you will find the responses from those who were kind enough to take the time to share their thoughts:

GoDaddy Rolls Out 2 New Commercials

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GoDaddy is set to launch two new television commercials next week, and I think both are excellent. For your convenience, I embedded both of them below.

When a small business needs to have a website built, I would imagine most seek out a local web developer for their project. This is great for some businesses who are lucky enough to have competent web developers and designers that charge fair prices. For many people, finding someone local is difficult.

In my opinion, GoDaddy didn’t do such a great job of letting people know what the company does. With the change in marketing strategy, I think that has been changing, but I don’t think the Super Bowl and Jean Claude Van Damme commercials did enough to let people know exactly what GoDaddy does. With these two new television spots that are set to air on May 5th, I think GoDaddy is taking a step closer to doing that.

These new commercials, collectively called “Share Your Gift” are a part of the “It’s Go Time” campaign. These commercials were created by a company called The Red Brick Road.

Have a look at the two commercials and let me know what you think of them.

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