More evidence that domain owners are in the right place at the right time. A new report from the Kelsey Group predicts that money spent on local advertising online will soar 129% over the next five years while local ad spending in traditional media (newspapers, radio, TV, etc.) will decline another 20% over the same period.
The operator of the .info registry, Afilias, has released a detailed new report on the progress the first “new” global TLD has made since its introduction 8 years ago. Also, a team of domainers is celebrating an upset win over a previously unbeaten team in India’s prestigious Mumbai Corporate Cricket Championship.
The new weekly domain sales report is out at DNJournal.com. The high end of the market stirred from its slumber this week with three of the year’s six highest sales reported over the past 7 days. Those sales totaled more than $700,000. Our new all extension Top 20 chart features 16 .coms, 3 ccTLDs and a .net.
New research from comScore shows the recession is driving a huge wave of new traffic to search terms related to financial matters, traffic that adds value to related generic domain names. Also today, some notes on Sedo’s acquisition of RevenueDirect and Aftermarket.com’s Domainer Mardi Gras online auction.