The T.R.A.F.F.I.C. East 2007 conference is coming to Hollywood on Oct. 12. The conference includes a domain name auction run by Pompano Beach-based Moniker. I attended last year's in Hollywood and it got pretty interesting. Some of the biggest buys were for .mobi domain names: Wow.mobi sold for $9,000 and Gossip.mobi sold for $5,000. Flowers.mobi went for a whopping $200,000 to Rick Schwartz, chief executive of T.R.A.F.F.I.C. The highest bid was $1.5 million for Cameras.com. Of course all these sites are just making money from ad links they dump on the page.
UPDATE @ 5:04 p.m.: Here's Moniker's list of domain names and prices for this auction. Andrew Johnson's Web Publishing Blog also wrote about the upcoming auction, and he said the auction in New York saw many bids rejected.
Here's a list of some of the domains available at next month's auction:
I think it'll be interesting to see how they price Elections.com. Last year they were asking more than $2 million and there were no takers. Now with election season upon us, will the price go up? Or will it be lowered since no one wanted it last time?
Below is the rest of the press release on T.R.A.F.F.I.C.:
Pompano Beach, Fla. – Coming off the huge success of its live and silent auctions at T.R.A.F.F.I.C. NYC which collectively generated more than $12 million in domain sales, Moniker.com, the first and only provider of Domain Asset Management™, announced today that its next live domain auction will be held at T.R.A.F.F.I.C. East 2007 in Hollywood at the Westin Diplomat Resort on October 12, 2007 at 2 p.m.
Presented by the World Association of Domain Name Developers, Inc. (WADND), T.R.A.F.F.I.C. is the domain industry’s signature conference series. Steve Forbes, CEO of Forbes, Editor-in-Chief of Forbes Magazine and former presidential candidate, will keynote T.R.A.F.F.I.C. East 2007 in Hollywood, Florida.
“The success of the live auctions is proof that the premium domain market will continue to grow and that businesses understand the importance of premium domains to their business,” said Monte Cahn, co-founder and CEO of Moniker. “To be competitive, business leaders must develop a robust strategy when it comes to utilizing their domain names. The better businesses tend to own great domains that are developed in a way that helps brand the company as an industry leader and optimize the amount of traffic they drive to their sites. T.R.A.F.F.I.C. East gives businesses the chance to bulk up their portfolios, tackle their business needs and dominate their industries.”
Registered attendees of T.R.A.F.F.I.C. East 2007 are automatically eligible to take part in the live bidding. Single-day access to the event is also available. The event runs October 9-13, 2007 and is by invitation only. To request an invitation and to learn more about the conference, visit http://www.targetedtraffic.com/
Moniker will also be offering absentee, telephone proxy and online bidding for individuals who are unable to attend the event. Those interested in learning more about this process should visit http://marketplacepro.moniker.com/auction/detail.html?auction_id=181
Silent Auction Held Simultaneously with Live Event
Moniker will also hold a silent auction in conjunction with the live auction in Hollywood Beach with thousands of additional names on which to bid. The Silent auction will run online beginning Friday, October 12 and ending Thursday, October 18.
The silent auction gives individuals additional opportunities to purchase domain names that will in turn help their businesses grow, as well as build their portfolio.
“Our auction at T.R.A.F.F.I.C. has become the place to go for those who are looking to expand their businesses and their portfolios in the premium domain market,” said Monte Cahn. “By running the Silent Auction in conjunction with the live auction, we are allowing people to participate in the purchasing of great domain names directly from their computers at home.”
Domain Financing on Site and After
Moniker along with its partner Domain Capital, will offer domain financing to leverage domain purchases made at this event or for other transactions. Moniker and Domain Capital have been pioneering the same concept for virtual real-estate for years in a fashion similar to real estate mortgage financing.
Listen Live on Webmaster Radio
The Live auction will also be broadcast live on Webmaster Radio.FM. Tune in by visiting http://www.webmasterradio.fm/. WebmasterRadio is the premier free online radio network focused on the B2B marketplace. During the auction, listeners will be able to join the chat room and connect with peers in real time.