A couple of months ago, my buddy, Elliot Silver asked me to do an interview for his blog and asked me what the biggest threat to the Domain Industry was.
I answered that government action or over reaction to attempt to deal with trademark infringement issues was the biggest issue we face as an industry.
Looking toward 2008 I believe that the trademark issues still are the biggest threat.
Here are some domains that are dropping today which already have multiple backorders at namejet.com:
You have to be kidding me.
Completely indefensible, ridiculous, just lawsuits waiting to happen.
According to Ron Jackson’s Publication the 20th biggest sale of last week was
Wikipeadia.com with a sales price of $9,400 at pool.com
Horrible for the industry
Keep doing it and you will see what congress and the courts do. It won’t be pretty and it won’t just effect what we would consider the obvious abusive names. In 2007 an organization was formed by trademark holders “dedicated to ending the systemic domain name abuse”. They are well funded. They will be relentless in getting something done in 2008.
What is going to be there approach, no guesswork here, it states it right on their site:
“Lobby the relevant agencies of jurisdiction in the United States government, and actively communicate with members of Congress”.
What we as an industry need to do:
1. Do NOT register, backorder, or participate in any auction containing these types of domains.
They are poison.
Not just to you, but everyone in this industry.
2. The drop services have to stop taking backorders for these obvious trademark infringing names.
Pool.com, and Namejet, not only take the orders, they basically advertise them on the front of their sites everyday, as one of the most active backorders.
Pool.com send out an e-mail with these types on names on it inviting further backordering.
Shame on those who backorder them.
Same on those who allow it to happen, and facilitate the transfer of these infringing domains.
3. Stop domain tasting.
It’s a loser. It’s an industry killer. It’s taking the short money in a long term business.
We have never domain tasted. I don’t think we have ever used the five day grace period for any domain.
There is enough money to be made in this business without engaging in this conduct.
4. Join the Internet Commerce Association (ICA), They represent our industry. They employ a professional lobbyist. They deal with tons of issues you aren’t even aware of on a daily basis that effect our industry. We need a lobbyist on our side. In actuality we need several.
We joined The ICA this year and gave a lot of money to them. I get e-mail several times a week and see that they are working hard for the industry. They watch our backs. Someone has too.
We need it.
You can join for as little as $295.
That’s less than some idiot is going to pay one of the drop services today to buy bankofamericaonline.com.
You have car insurance don’t you?