Archive for January, 2009

Sedo Brokers Fly.Com, Domain Name Sells For 1,760,000 US$

fly.com

Via PRNewsWire:

Travelzoo (Nasdaq: TZOO), a global Internet media company, today announced that it has purchased the Internet domain name fly.com for $1,760,000 in cash. Travelzoo intends to use this domain name for a new information Web site to be launched in February.

“We are delighted to acquire fly.com for our new offering,” said Brian Clark, senior vice president and general manager, search products, Travelzoo. “The name is a perfect match for Travelzoo’s renowned approach: simple, fun, and world class. Where others see doom and gloom we see opportunities to serve travelers and advertisers with innovative approaches to finding the best values in travel.”

The domain name purchase was brokered by Sedo.com, LLC.

Congratulations to all parties involved.

Have a great day,

Sahar

Generic Domain Names Get Government Boost: New U.S Adminstration Launches Reocovery.Gov

recovery.gov

Via Tech Daily Dose:

Recovery.gov, a new Web site that President Barack Obama has said will enable the public to monitor how effectively the U.S. government spends and distributes the $800-plus billion stimulus package, is ready to go live, an Obama transition team member and former director of the White House Office of Administration said Thursday

It started with Change.Gov (story here), now Recovery.Gov, seems to be that the new administration recognizes the power of generic/descriptive domain names to convey a message.

In the long run if this naming trend continues by the U.S government it has the power to effect commerce, top brands.

Have a great day,

Sahar

Human Behavior & Direct Navigation: Flamenco Your Way All The Way To The Bank

A while ago, for obvious reasons, we purchased the domain name Flamenco.com. You can imagine my surprise today, while browsing a local art magazine which advertises upcoming events, I saw the following:

flamenco.gif
(Source)

while visiting San Fransisco I met with a good friend of mine and while chatting about the greatest and latest, I asked his opinion about Facebook. I asked what his thoughts were about the site and if he thought they were going to figure our a business model. His response was asking me if I use the site or not. I said I do. He asked if I had to rate it by usage where would it be on my personal scale. I said from all applications/sites on my computer probably in the top 3. He then went on saying that with usage monetization will follow. They will find a way. As we now see with Youtube, this seems to be the case.

Same is true for direct navigation traffic. While we may be going through economic and social changes, human behavior is extremely hard to change. The continuous education by millions of sites over the years to type a keyword + .com cannot be forgotten quickly. The fact that our domain names get quality type-in traffic means someone, somewhere, will always be willing to pay. And while traffic values may go up and down with time, as with adult affiliate companies, it is the best monetization companies who will always continue to push the prices and value up. And as for 2009, while there’s extreme uncertainty on the horizons, one thing is for sure: Due to human behavior, Direct navigation is here to stay.

Guest Post: The Importance of Original Branding, By Tia Wood

By Tia Wood

granny.jpgAbout a decade ago a term dominated the internet: Webmaster. To be a webmaster was to be the master of your domain. Most webmasters were not domainers and most domainers were not webmasters. Most webmasters owned a domain or two and most domainers owned many. Each character was almost unaware of each other. This continued for many years until we reach our current destination of today and the topic of development regurgitation.

Imagine, if you will, a small candy store on the corner of Baker Road and Renway nestled among downtown with its pink and white shutters, grey tiles and red countertops. Covering every inch of those countertops were the darkest homemade chocolate morsels made by “Granny” which produced a rich creamy smell when one walked by the shop causing the mouths of hundreds to water uncontrollably. The candy store on the corner of Baker and Renway grew to become a success, opening several chains across the country in several medium size towns.

This caught the eye of several real estate investors. One in particular was a man with good intentions who had moderate success in several prior investments. He stated to himself that the small candy store, even with its several chains, was limiting itself to cheap geographical locations. He theorized if the store had chains in big cities like New York and Hollywood that sales would boom and revenue would blossom.

He developed his plans copying the small Baker & Renway store down to the last grey tile. However, he wanted to somewhat modernize his candy shop to make it really hip. He employed several teenagers fresh out of high school to complete his look. Creating his own chocolate recipe, he smiled thinking how he saved money by going a tad cheaper on some ingredients. He boosted believing he created the perfect profit machine…or so he thought.

Six months later, he was forced to file bankruptcy. As he shook his head in shame, he asked his adviser: “Is there anything I could have done different?”

“It’s not what you did,” answered his advisor. “But what you didn’t have.”

“And what’s that?” asked the investor.

“Granny.”

You see, so many domainers attempt to copy the success of others, yet fail miserably. They forget the hard work, sacrifice, originality and “umph” that goes into each successful website. Granny’s delicious chocolate was only part of her success. Yet, what kept people addicted was what Granny was; a warm soul who treated everyone like family. She did what she loved and it showed.

The same reflects with domain developing. Don’t try to imitate what others have done. You will not become the next YouTube, Myspace or Google. It’s already been done. But what you can do is create your own original twist to bring fresh solutions to the marketplace. How about YouTube meets eBay where buyers bid for the rights of amateur films? Or combining a niche market with an existing idea such as a search engine for automotive professionals to diagnose repairs.

Whatever you choose to do, make sure it’s more than a carbon copy of regurgitated ideas. Give it the twist that deserves your attention, time and works hard for your target audiences’ eyeballs.

Video: Animated URL’s

Via AdLab:

Sixt, a rental car company that brought us ASCII AdWords ads, is back with an animated racing ASCII cars in the browser address bar. Check it out in action here (Firefox 3 only), or in the video below.

While I’m not in love with this one it’s refreshing to see a new concept within the URL bar.

Have a great day,

Sahar

For Greatness, There’s Always A Price (And A Reward)

<a href=”http://www.joost.com/135bc3k/t/George-Michael-Faith”>George Michael - Faith</a>



Many times I’ve been asked about “the secret”, you know, how you got to where you are, what should I do, How should I start, etc. “Faith” is the short answer. The longer one? I try to relate to these individuals the importance of “supporting legs”, that is, creating a personal library in your mind of what worked for you in the past and recalling those whenever you need some encouragement in the future. Some items in your personal library there may be events such as winning a race in first grade, helping another, or being praised by your parents for something good you have done. Whatever the case may be, having such a library will make your journey so much easier.

In my personal library there are many items, from critical decisions I’ve made before school and in my school years, time during the army, sports, and business. Whenever I pick up on some new hobby, or whenever I feel like moving forward on new concepts, I always look back, try to find the similarities, and make sure I have all I need to take on this new challenge. It is so easy to give up. All you have to do is stop trying and you are back to just as things were before you started. In order to succeed you have to believe in yourself when no one else does. You have to believe that the time, effort, investment will work out even though it at times look like it won’t. The alternative to having no faith in yourself, to not walking the extra mile, to not trying, to not pushing, to not believing, is always the same - No Reward. In my eyes that is not an option. I rather fail a million times than not try. I know very well that if I try, if I dedicate to anything the same amount of time and energy as I have with other areas in my life I will make it to the greatest levels. Over the years I did hear the “talent” argument, that is, that some people were “born with it”. I must disagree. While talent is somewhat important and of course can help I have never met anyone who excelled at anything without hard work. Stephen King once said:

Talent is cheaper than table salt. What separates the talented individual from the successful one is a lot of hard work.

Pick up any master at any level, from musical players to business, artists, writers. The common thread is hard work. The common thread is dedication, faith. Rarely things work out as planned. Rarely one succeeds on first try. In many instances it is pure faith.

So if you are interested in “the secret”, the only thing I can say, what I believe, it is within you.

Have a great day,

Sahar




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