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Sunday Afternoon Thoughts & Update

What a weekend so far. Not such a great goal for the US in yesterday’s World Cup match against England, but we’ll take it. I feel badly for the keeper though since this will surely be a Bill Buckner-esque play that will go down in history, especially if England fails to advance. Tonight is a big Celtics game, and today is a great day to relax and enjoy the weather.

Here are a few things that may be of interest.

  • There was a great article about Warren Royal and his Bobbleheads.com venture in the Albany Herald, a local newspaper in Georgia. The article discusses how Warren acquired the domain name and then built the popular website.
  • If you have been thinking about applying for a .CO domain name via the .CO Registry’s Founders Program, now is the time to do it. Applications are due no later than June 15, 2010. I am in the process of applying for one, and if I am awarded the domain name, I will chronicle the build out process, as I am required to have the site launched by July 20, 2010. As an alternative, you can try to reserve one at a registrar like Register.com.
  • While thinking about the June 15th deadline, I also just remembered that 2nd quarter estimated taxes are also due on the 15th of June. If you need to pay estimated taxes, don’t forget to mail them out tomorrow (note to self).
  • Someone emailed me about an adult-ish website that was hosted on Blogger that got taken down. I know it’s been said before, but you really need to consider this type of thing when you use a service like Blogger or even possibly WordPress. I don’t know if the site was removed, or if the owner was able to access his articles/posts, but it’s important that you control your content rather than be reliant on another company.
  • Just a reminder, the cost of .com domain names will be going up very soon (July 1), so now is the time to take proper action. You can renew your domain names for several years in advance or you can transfer them as some companies like Name.com have transfer specials going on right now.
  • It looks like Rick Latona is moving into other areas in addition to domain names and watches. His newly re-launched RickLatona.com website has a section for diamonds, timeshares, and loans.
  • Francois Carrillo has started his own domain blog at DomainWare.com. His first post discusses why some Domaining.com accounts have been canceled. With all of Francois’ ventures and domain sales, this is going to be an interesting blog to read if he updates it frequently.

Thoughts on the e.CO Auction

I know there is an active discussion about the e.CO auction happening on Mike’s Blog and TechCrunch, but I want to share my thoughts on it because I have a unique perspective. It was reported that B52 and its CEO Lonnie Borck won the domain name for $81,000. Lonnie is one of my closest colleagues in this industry as well as a good friend outside of the business, and I was with him at the auction and after.

In my opinion, this was a very strong speculative acquisition. The .CO registry and it’s registrar partners are spending a lot of money on marketing the extension to ensure consumers know about it. .CO makes total sense for companies to use, and in fact, many companies use similar extensions in other countries – think .CO.UK and .CO.IL. I already gave some of my thoughts on .CO.

With the news that Twitter will be integrating T.CO into its system as the preferred URL shortener, and that there are many applications for the .CO Founder’s Program as well as already awarded domain names (Angel.co and Disrupt.co as examples), I think .CO is going to be big. As a one character domain name in this extension, E.CO will be worth much more than the purchase price assuming things play out like we believe they will, although Lonnie’s team acquired this domain name for a specific reason and may not be inclined to sell it.

I want to address a couple of comments made about Lonnie in the two aforementioned articles.

1) Regarding the charity being kept private: Lonnie is a fiercely private person, and he does not wish to disclose the charity recipient(s) publicly. Some people like to flaunt who they support and by how much, but that’s not Lonnie’s way to do things.

2) Regarding Lonnie’s smarts in this space: Keep in mind this public information – his company sold Scores.com for $1,200,000, owns Funding.com, Bookmarks.com, Shock.com, Winter.com, Camera.net, and Baby.net. He also owns a number of other considerable domain names that aren’t publicly known.

I think the acquisition of E.CO was a shrewd investment, and the charitable organization(s) that will benefit will certainly be very appreciative.

World Cup Buzzing Like a Swarm of Bees Courtesy of the Vuvuzelas

2010 FIFA World CupIf you tune into the World Cup over the next month, you are likely to notice the loud buzz emitting from the crowd. Instead of hearing the cheers and boos that accompany most soccer/football/futbol matches, you will hear the din of the African horns known as vuvuzelas.

Are you interested in recreating your own World Cup atmosphere away from South America? You can now buy your very own vuvuzelas online at   Vuvuzelas.com or on a different website – Vuvuzela.com. Both sites rank pretty well in the search engines, which is a direct result of their keyword domain names. For the most part, they only seem to be outranked by Google News, images, Tweets, and very popular websites (like the NY Times) on searches for their keywords.

The World Cup announcers will continually mention the vuvuzela, and it can only help these two websites. During this year’s World Cup, I think the two companies that own these domain names will be very happy, although those of us watching World Cup matches from the comfort of our homes or neighborhood bars, we might not be so happy to hear them buzz.

2009 PostRank Domain Awards

Mark Fulton at DotSauce wrote a post about PostRank a few weeks ago, and I thought his write up was very good. It’s an interesting website for sure, and it was neat to look around and explore. There is a category for domain name blogs, and it currently has 25 feeds included (I am not sure how to add feeds).

The rankings in the Domain Name category change weekly I believe, so there’s no real reason to post the current standings for domain blogs as they are fluid. However, at the beginning of 2010, PostRank doled out awards for 2009, and I thought I would share the results of their rankings:

Most Influential: Rick Schwartz’s Blog

Biggest Mover & Shaker: Domain Name Wire

Top 3 Blogs: The Domains, Domain Name Wire, Elliot’s Blog

I do think the results are a bit flawed because they didn’t include some of the best known and most widely read blogs such as DNJournal. I think the results for 2010 are going to be interesting because it seems there are many bloggers who are active social networkers, especially   Twitter and Facebook.

I don’t know who pays close attention to PostRank’s results, but if you rely on advertising revenue to support your website, it’s another way to show that your website is engaging to its readers and those people who visit. Advertisers like to have placements on websites where the readers are actively engaged.

The “Winner” Is…

I want to thank everyone who took the time to post a comment in my blog post about trying to help someone buy a domain name to sell to an end user. I think that post had more comments than just about any other post I’ve written. I apologize for the delay in announcing this, but I’ve had a lot of emails that needed attention after my trip.

I don’t really want to say “winner” because it’s not a competition, but I can’t really think of a more appropriate term for the person who was randomly selected. I will hopefully be able to work with this person individually using our combined knowledge and experience to register a domain name that will be coveted by an end user buyer, and if things work out, the name(s) will sell for a few hundred dollars. At the very least, this person will learn how I research potential acquisitions and then find buyers for them.

Without further interruption, the person who was selected is Alan Patrick. I will be sending Alan an email tomorrow morning to let him know personally about this, and I look forward to begin working on this early next week.

e.CO Charity Auction Predictions

As you are probably well aware, e.CO is currently in auction at Sedo, with the proceeds being donated to a charity of the winning bidder’s choice. The auction concludes on Thursday afternoon at 4pm EST, with online bidding as well as simultaneous live auctions in New York, Chicago, and Vancouver. This aspect of the auction is certainly going to be very interesting.

With a little over one day to go, the e.CO auction has reached a high bid of $32,000, but I predict the result will end much higher.   I think this could go well past $100,000 but if I was a betting person (which I am), my bet would be that it ends at $125,000.

I am curious to know what you think the final sales price will be. Please vote below:

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