Domain Industry Observations 12-18-2009
1. Andrew Allemann of DomainNameWire.com wrote earlier this week about GoDaddy.com, the world’s largest registrar, having topped $750 million in revenue for year 2009. GoDaddy is privately owned although they flirted with an IPO a few years ago. I suspect that remains an option for the company. This revenue level is an impressive achievement as well as an indication of just how robust the internet economy and domain name market have become. Almost recession proof when compared with other industries.
2. In an ICANN related mistake from the past (as I see it), Verisign Inc. were awarded the exclusive contract to administer the .com and .net web addresses. Verisign’s current contract allow them to raise domain name registration prices up to a maximum of 7% per year. Although most all related technologies and costs are coming down in price, Verisign just announced that they will be raising prices again. As you might guess, they have opted for a maximum price increase of 7% raising .com domain registration fees from $6.86 to $7.34. ICANN should have provided for a competitive bidding process instead of awarding one company, Verisign, a literal monopoly.
3. I have continued use of the DevHub website builder to produce a basic site for Corporate.biz. DevHub are furthering their web development tools having recently upgraded their online user interface (adding nicer features) and also rolling out a newly completed payment system.
4. Ron Jackson of DNJournal published earlier this week some info on the purchase of the premium domain name, Barns.com, by North Carolina businessman Jeremiah Johnson (read his bio here). Mr. Johnson already operated a website at WoodBarns.com, but picked up the premium domain Barns.com for $175,000 in a private sale according to DNJournal. This is a smart acquisition that will certainly build brand identity and credibility.




Ancestry.com
The Economic Development magazine,
RTP) has continued to move onward and upward with the highest per capita number of PhD’s in the country.


Domain name verticals
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