SCOTTSDALE, Ariz. - (Business Wire) The domain name RulesOfSaving.com marks a historic milestone for The Go Daddy Group, Inc. and the Internet. The new domain name 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 the 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, new domain names and is nearly three times the size of its closest competitor. Go Daddy is also one of the world’s leading providers when it comes to 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 employees. Go Daddy now employs over 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.
GoDaddy.com has also been honored by various industry organizations and publications as Best Registrar and Best Hosting Company already this year. In 2007, Go Daddy was named Arizona’s Most Innovative Company and Business Leader of the Year.
To learn more about how you can get online quickly without spending a lot of money, visit www.GoDaddy.com.
About The Go Daddy Group, Inc.
Go Daddy is a leading provider of services that enable individuals and businesses to establish, maintain and evolve an online presence. Go Daddy provides a variety of domain name registration plans and Web site design and hosting packages, as well as a broad array of on-demand services. These include products such as SSL Certificates, Domains by Proxy private registration, ecommerce Web site hosting, blog templates and blog software, podcast packages and online photo hosting. The Go Daddy Group, Inc. has more than 30 million domain names under management. Go Daddy registers, renews or transfers a domain name every second. GoDaddy.com is the world's No. 1 domain name registrar according to Name Intelligence, Inc. GoDaddy.com is also rated the world’s largest hostname provider according to Netcraft Ltd. During 2007, The Go Daddy Group registered more than one-third of all domain names registered in the top six generic top-level domains, or gTLDs, including .com, .net, .org, .info, .biz and .mobi.
- The Go Daddy Group -
Copyright © 2008 GoDaddy.com, Inc. All Rights Reserved.
The Go Daddy Group, Inc.
Elizabeth Driscoll/VP Public Relations
480-505-8878
PR@GoDaddy.com
