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"Rick Schwartz: In an economy like this, marginal domains will be the ones that will suffer the most. The majority of the domains I see, are just plain worthless. In times like these folks get more choosey. But they don’t stop buying. I think the market is still expanding. New investors are always coming in and some are coming in with deeper pockets and looking for a new area to invest in. The things we have taken for granted for a decade or more are now being realized by others. I would expect volume of domain name sales to continue to go up.
The economy will fuel more transactions as “Circumstance” comes more and more into play. 2008 will be a record year for domain sales even with the economic conditions we currently have. 2007 may have been a better year, but there will be more significant opportunity in 2008 and beyond. The worse things get, the more opportunity will open up. It’s like birds hunting worms after it rains. I think I have a special gift to help folks find worms! Big, fat, juicy, worms.
There are two types of guides you can follow in turbulent times. Ones that get scared and take cover and pull back, or ones that know that this is the best time to hunt for great deals, bargains, opportunities and can be life changing. I love a great down turn like this. I would suggest that 2008 could be the biggest year ever for those that pay attention and understand the great opportunity we have."
Purely based on return on investment, the TRAFFIC shows for us still perform the very best. The question, even though a cliché by now, is not if you can afford to attend, it is can you afford not to?
Well worth reading, and attending!
P.S.
As Bido/DNZoom have done at the last TRAFFIC show, we plan to run a ticket giveaway contest this time around as well. More details soon.
Source: Posted on TheConceptualist by Sahar Sahid -- Reprinted with permission -- May 1, 2008