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TheStreet Open House

Web.com Group's CEO Presents At Citi Technology Conference (Transcript)

eCommerce products that help you sell things online. Social media products like our Facebook products. We brought the mobile products, so you can be found in mobile searching. Those are the products right now that are having the greatest attraction, those plus one more; we believe that as mass adoption occurs and we believe that we are right in the midst of the early stages of mass adoptions, by small businesses even our Do It For Me website products is very valuable.

If you think about a product typical customer that would be a plumber, an electrician or restaurant or someone who has a six day week job, probably a 11 hours a day kind of work patterns and they not even have a website today, it’s just that the website doesn’t got any traffic, so it was build by their son, their daughter, or a friend or a local ad agency that since moved on and their website wasn’t optimized, it’s not been submitted to the search engine, it has no traffic, and so our Do It For Me, product which is $94.50 a month product, to solve that tough case for these customers. I would tell you that’s the number one, selling product we have right now, but all those other categories are also growing at very, very fastly.

Walter H. Pritchard – Citigroup Global Markets Inc.



That’s number one. Overall, is that number one came to that phase.

David L. Brown



Into that phase. You would see a company wide perspective we’re using domains as a new customer acquisition channel and we just effectively taken two companies that we are shrinking and turn them around, and we’ve done that because we are able to sell approximately $100 in average order value in the first year to a domain customer irrespective of the price that we sell in the domain now.

Read the rest of this transcript for free on seekingalpha.com

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