DNJournal’s October cover story is about the recent TRAFFIC East 2005 conference for domain name owners. The keynote speakers were Mike Zapolin and Andrew Miller from InternetRealEstate.com.

Here is a quote from the article at DNJournal by Ron Jackson:

Miller and Zapolin detailed the various stages (and the time frame of each) that they take a domain through from acquisition to the end result – a fully developed business with strong cash flow. It is clear their methods have had a major impact on others in this space. I spoke with representatives from many other well funded groups who are planning to follow a similar blueprint. The emphasis is rapidly moving from passive monetization to active development of prime properties. Fabulous.com COO Dan Warner mentioned to me that a year or two from now we will not be talking about selling domains, we will be talking about selling businesses.

This is good news for web surfers — less pay per click parking pages — and even better news for domain owners & developers.

I’ve been closely watching both the domain market and web site development market for months now. Interestingly, the two seem to be very seperate and distinct. There is almost an animosity between the two communities. Web developers hate the idea that they have to pay thousands of dollars for the domains they want. Domain owners see developers as “cheap.”

Domain development is already alive and very well — its just that we are going to begin seeing it on a much larger scale over the next year.