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SCOTTSDALE, Ariz. (June 25, 2008) – The domain name RulesOfSaving.com marks a historic milestone for The Go Daddy Group, Inc. and the Internet. The new domain name, registered just hours ago, brings the Go Daddy portfolio to an industry record 30 million domain names.
This Internet-first reflects thriving conditions on the Web and at GoDaddy.com .
While reports of a wavering economy and surging oil prices dominate the news, Go Daddy’s business is booming. Why? More and more people and businesses are moving to establish their own space on the Internet.
Right now, Go Daddy is registering, renewing and transferring names used for Web site addresses to the tune of about one every second of every day. This flies in the face of critics who, years ago, suggested the surge to register domain names was all but over.
Go Daddy is also racking up substantial e-commerce numbers, which align with industry analyst predictions. Forrester Research forecasts online spending in 2008 will increase by 17 percent. Go Daddy expects even higher numbers. The Web leader’s Quick Shopping Cart is a key e-commerce tool because it makes setting up an online store easy and affordable. Projections, based on recent months, indicate a 72 percent increase this year over last, in terms of revenue generated by customers with Quick Shopping Cart enabled Web sites.
“These numbers really demonstrate how the Internet is alive and well, even in these rough financial times,” said Go Daddy CEO and Founder Bob Parsons. “We knew from the start… helping make it easy and affordable for people to get online would make a difference. That’s why we developed products our customers wanted, priced them right and then backed them up with personal customer service… and, well the rest is history.”
Ironically, the 30 millionth domain name, RulesOfSaving.com , could be viewed as a sign of times, as far as the struggling U.S. economy or as a nod to Go Daddy’s low price points. While many registrars charge more than Go Daddy, some have even raised prices in recent days.
Go Daddy has a 45 percent market share of active, Web hosting and SSL certificates , which are used to keep online transactions secure.
Go Daddy has expanded its workforce to keep up with its rapid growth too. The Scottsdale-based Web giant now has four offices in Arizona, plus one each in Colorado, Iowa and Washington, D.C.
While many companies are looking for ways to cut back, Go Daddy is hiring more and more employees. Go Daddy now employs more than two-thousand people, which is up about 33 percent in fewer than three years. Go Daddy is known as an employer that takes care of its own too, having been honored as one of the Best Places to Work for four consecutive years.
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