11|19|2007 4:10 pm EDT
GeoDomain Expo Takeaways
Geo-Domain owners are not domainers.
Most of the major cities (think top 50 US) were all taken before 1997. Often times they were taken by people in that specific area. For example, I met the guy who owns Austin.com. He has it because he had an ISP from there, and registered it. In March 1994. Few of them collect domains outside of their comfort zone (ie - their city). This is important to note. I see a lot of overlap at TRAFFIC/DRT/DF. But there were few domainers that I saw here. At the same time, few geodomain owners would bother with the before-mentioned conferences. I asked dozens of people, and the same standard response: “Not a domainer, waste of time”
The Auction was Boring.
I think that was a core problem. As I mentioned, geodomain owners aren’t domainers. So the auction to them wasn’t something at the top of their list. Furthermore - as many already owned a top city/state/country.com, why would they bother with domains with state suffixes or other inferior TLDs? I do believe geo-centric domains would have done better (Eg DallasPlumbers.com or AustinDoctors.com). If it wasn’t for Perth.com pushing up the energy for a while, it would have been bad.
Problems I saw:
- Auction right after lunch. All those carbs = you just want to fall asleep. By the second hour I was ready to keel over.
- ‘Pushing up’ of price. I didn’t like how the Auctioneer would start at $5000 and ‘push’ to $10000 (which would be the reserve). Stuff like this brings out the shill bidding accusations. As a phone bidder I wouldn’t necessarily realize that no one was bidding. Perfect example: here. None of the bids that the blogger thinks were ‘rejected’ ever existed. They were all from thin-air.
- Poor planning. It started 30 minutes late. How many times have Moniker ran an auction? Seriously - get with it already.
- Clueless Auctioneer. Can I say that here? He struggled with pronouncing ‘kazakhstan’ (why would the ‘z’ be silent?). And that was just one of the mis-pronounciations. This just cries poor planning. Why didn’t they go over the list of domains before the auction?
Parking? What parking?
The majority of exhibitors were either domain-oriented companies (eg parking) or reservation (hotels/travel). All the parking companies I talked to agreed that the match wasn’t there.
Disconnect with the ‘local’ field.
I was disappointed that beyond us (iBegin) and Local.com none of the big players in the local space actively took part in this (Neal Polachek from Kelsey Group and Gib Olander from Localeze did show up). No local advertising companies. No local tracking service. No YP publishers. No analysts. These CITY.com owners hold a lot of traffic. Local companies need to wake up to that.
Things are just getting started
The first domain conference I went to was Oct 2004. I’ve heard ‘we want to develop’ for the last 3+ years, and I have yet to see anything really happen. But when it comes to domain development, none get me as excited as geodomains. The amount of money in the local space is huge. People are starting to waken up to that. The fight has changed from just ‘local website’ to ‘local media.’ And contrasting the discussions about development from this to DRT - I believe geodomains will be developing out sooner and faster than other generic domains.
Overall, I enjoyed this more than most of the domain conferences. Of course this is with the skew that we do (business listings) meshes much better with geodomain owners. But there was definitely a much better feel for building out of a domain - instead of the typical ‘PPC company shootout’ or ‘Google vs Yahoo - the gloves come off this time’ panels (which always end up with each company saying ‘Hey we are the best!’) there were good panels on development, technology, and SEO. There was the sensationalist ‘Dot-Coms vs. Other TLDs: A Battle Royal?’ which ended up with the ICANN director skipping and was more a casual agreement than any sort of battle. But hey - you can’t have a domain conference without some hyperbole.
UPDATE: I just wanted to clarify as it seems like some wires got crossed.
1. I loved the actual conference. My favorite domain-oriented conference so far. Lots of real energy and work towards development (and not the same panelists talking about the same story). Friendly people, good energy, and informative sessions. I almost always skip all the sessions at a conference - this time I listened to most.
2. I did not love the auction. TRAFFIC & DRT were much more energetic. Much more organized. This one was the opposite.
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6 Comments
Andrew
November 19, 2007 @ 10:02 pm EDT
You’ll see a lot of the “DallasPlumbers.com” type domains in the silent auction.
Geo Joe
November 20, 2007 @ 9:15 pm EDT
There were other big names, like Andrew Conru, CEO of Friendfinder, on Saturday. It was nice to go to a conference and hear things broader than just how to make a fast buck.
AhmedF
November 20, 2007 @ 11:46 pm EDT
Right Geo - I mean’t more like the players in the local space (which there are a lot of).
Ryan May
November 21, 2007 @ 5:19 pm EDT
Attended the GeoDomain conference in Chicago last year and had almost the exact experience that you’ve shared, Ahmed. Hasn’t changed much it seems. :) Still an OK show and a good crowd.
terry lancaster
December 7, 2007 @ 4:22 pm EDT
Has anyone seen the final results from the silent auction?
Steve Jones
March 6, 2008 @ 12:32 am EDT
Great article. I’m a GeoDomainer (www.virginiabeach.com). I loved this statement from you:
“These city.com owners hold a lot of traffic. Local companies need to wake up to that.”
This is very true. I’m still amazed that people don’t understand the true value of the URL name.
Steve