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.mobi Rick Schwartz's thoughts on .mobi

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I thought the following from the Domain Name Journal's T.R.A.F.F.I.C. report was interesting:
Schwartz has always championed .com and has had strong reservations about other extensions so he would seem to be an unlikely buyer for this domain. He had this to say about it. “First of all before we are "Domainers" we are "Investors." At least that is how I would describe myself. I decided that buying a few premium .mobi's would possibly be a good investment. Time will tell. I sure am not going to pitch anyone on the extension. I know what you know. In time we will all find out if flowers.mobi was a steal or a bad investment. The downside is it goes down in value or becomes worthless. The upside is that a domain like this can be life changing. I don't see that many opportunities that cross my path that fit into the "life changing" category and I don't gamble much and don't buy lottery tickets. I am willing to take the risk and give it the time needed. Also take in to account that 4 people in the room bid over 6 figures for this domain. I knew all the bidders. They were all qualified. All I can say is stay tuned and we'll all learn together."
 
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GoPC said:
Or is it that you see a whole lot of people investing in mobl and hate to admit that you missed out?

Some have stayed away, others have joined in. So be it.

Don't feel threatened.

What I think you are hearing is HOPE. Belief in the extension.

And why not? You and 90% of the other folks swarming these forums speak about generic one-word dot common domains that make thouands of dollars a week as if they are still available and if you don't own one, there's something wrong with you. Anyone coming in at this point has missed the boat. In fact, anyone coming in in the past 10 years has pretty much missed the opportunity to hand reg a domain with that kind of potential.

Ah... but not with Mobi

Many a "seasoned" domainer has recalled how much the mobi rush feels like the good old days when you could still find a decent dot common.

So let them speculate. It's not hurting you. You have nothing vested in their failure... if that's where you believe it will end.

Either you will have been right and saved yourself some money. OR you will have been wrong and will be like everyone else, having to pay a premium for a solid .mobi domain.

Roll the dice.

GoPC


Super post !!! I think we should all follow the advise I always heard during the peak days of sportscard collecting "buy what you like" ... you'll be happy no matter what else happens...
 
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gamehouse said:
I would rather make a call right away say to 1-800-flowers and get it done...
...Oh, by the way, I would normally look at the image of flowers and the vase few times before making the purchase. I hope it would be possible to do the same on flowers.mobi

And how would you view the image of flowers and the vase if you're just phoning in the order? ;)

But, it's all still a "wait and see" -- only time will tell. One thing I keep noticing in discussions though... some people are saying one year -- with regfees being due in 2 years, IMHO I think it might take 3 for it to take off so, if you're "gambling" on .mobi, be prepared to renew at least once... or, look for some great names in 2 years that some people let drop. Patience is going to be one of the key players if (when?) this takes off...
 
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I meant that when I normally make purchase on the pc. And calling 1-800-flowers would be my choice if I have to buy flowers on the go.

GH

nrec4mil said:
And how would you view the image of flowers and the vase if you're just phoning in the order? ;)

But, it's all still a "wait and see" -- only time will tell. One thing I keep noticing in discussions though... some people are saying one year -- with regfees being due in 2 years, IMHO I think it might take 3 for it to take off so, if you're "gambling" on .mobi, be prepared to renew at least once... or, look for some great names in 2 years that some people let drop. Patience is going to be one of the key players if (when?) this takes off...
 
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nrec4mil said:
or, look for some great names in 2 years that some people let drop.

I keep hearing that, but I think that IF .mobi has either taken off or is still looking very promising two years down the road, no one is going to (intentionally) drop a "great" name. Of course, it depends what your idea of "great" is...

And if the whole thing fizzles :'( then it's not going to matter much anyway...
 
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Hi Lux,

Were you THINKING of me when you put THINK, in caps?
( I am only joking :) )

I do have a great deal invested in Mobi for an investor my size, about 35-40k on around 400 names. The landrush was very good to me.

I intend to work to promote the mobile internet industry including dot mobi to help make my investments in Mobi stronger. I will make no effort to hide the fact that I hope the tld is successful.

I am planning to spend a great deal on the development of Mobi as well if all goes well with my finances.

There are a few reasons why I am going to be very focused on development with this tld.

1. The Mobi registrar requires a focus on development and industry compatability and compliance.

2. I am at a point in my investing where I can access funds to do some development. (I can't design or code for the life of me lol )

3. I really believe in dot Mobi and the emerging mobile internet market. People will utilize this format as the price of surfing on mobile drops and the availability of quality content improves.

4. I aquired many nice keyword domains and I think the best way to monetize them is with having great content and development.

I don't think it is hype to look at metrics like those for flowers.mobi to try and explain a sale of that magnitude so early in the tlds existance.

Sure there will be names bought and sold for prices that may seem unrealistic. It happens with all extensions.

Sometimes the buyer is just inexperienced and overpays.
And sometimes the person buying has just done a great deal of research so the sale does not make sense to onlookers who don't have access to the same information.

I understand that there is a lot of excitement and pure hype surrounding MOBI. Like other extensions there will be a lot of domains that probably shouldn't have been registered as people want to make money and try to rush and buy anything that is available. Many of us myself included have done it at some point in our career.

Hindsite is 20/20 and experience helps you make better investments

I invested fairly heavy in dot biz.
(Not until the first round of drops. I was flat broke and bitter when it first came out.)

I heard many remarks that were similar but not identical to some of the arguments presented here. Many were well founded and hold true today for the overall state of dot biz today.

So be careful MOBI lovers not to dismiss all cautionary and adverse remarks in your zeal to see success for Mobi. There is a grey area in any debate where both sides have valid points.

The biggest things to remember is success takes work and patience. Also, not all keywords are created equally. What makes one name a super premium name does not necessarily apply to another. Also there is speculation and buyer appreciation angle. Call it the art factor where one man's junk is another man's treasure.

I think debate is very healthy this is why forums are a great tool for discussion and learning. Just as one small idea can be the catalyst to rocket a great idea to success so can adversity present itself as an opportunity to explore problems not thought of. It is important to think of the negative aspects and potential problems of any investment.

My investments in dot biz haven't performed as well as I'd like them to but I am still money ahead. Well, I was money ahead but I purchased Austin.biz at Traffic. I bought for development rather than speculation.

Yes, there is hype with Dot Mobi. But some of us are really excited and perhaps a bit too exuberant about this tld.

There will be lulls in the market and hopefully speculation in the domain will be tempered by learning from the mistakes of the past. Compared to dot EU the rollout of dot mobi seems to be slower and a bit more rational overall.

As with all things there are is much about dot mobi that won't be known and understood by the average person and even many domainers. I've done a great deal of research and look for certain factors that might signal the success or failure of Dot Mobi. So far there are many factors that point to the positive side.

There are negatives also. The biggest negative is that some of America's larger internet carriers are not supporters of dot mobi and prefer to keep their "closed loop" internet experience. I don't think these companies can stay outside the larger internet arena forever without damaging their competitive edge for the mobile internet market.

That aside I do agree it's time to focus on development and industry issues and less on the mere speculation of domain purchases . Even if you have strong commercially viable keywords be prepared to hold, develop, and renew.

I was not a mobi fan when it was originally announced. All I thought was that this is a 4 letter ext with limited applications. To top it off they were holding all the premium names for auction is a bunch of crap.

But after I noticed the key investors and the business model involved, coupled with the reality that mobile internet is here I changed my thinking.
The approach to the tld seemed well thought out, fair, and balanced.

At this point I knew that MOBI was already being dismissed by most domainers as I had done also.

I then realized I had found a soft spot in a very promising industry. I spent hours preparing my lists knowing about the premium list but thinking there would be some that were missed.

I also waited anxiously for companies to allow pre-registrations. I remained very quiet in the beginning so I didn't clue in competition for the landrush.

As the landrush approached I noticed that not many were looking into MOBI and I did start dropping hints that I thought this tld would be big.

I was hoping to land 5-7% of my pre-orders. I ended up landing around 23%.
I did a lot of planning and luckily had lined up more financing than for my predicted outcome.

Now it is time to get to work and see if our investments will pan out.

I am selling off some of my domains but I am counting on the development side to truly make a profit from this tld.

I am exited about dot Mobi and I am just as excited about other opportunities for the emerging mobile internet market.

I wish the best to all in the forums no matter your feelings on a new tld that still has a long way to go before it can truly be called a contender.

That said I hope even classic dot com domainers will realize that people will be looking for mobile content very soon and now is the time to prepare to meet this up and coming need.

I hope the ppc companies are working hard to prepare for this. Even if you doubt the need for dot Mobi the need for traditional tlds to be mobile friendly is rapidly approaching.

Best wishes and happy domaining,

C.T. Kirkpatrick
aka: Think
 
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I haven't had any problems with my my phone using voice to call people. Sometimes it takes 2 tries, but that's ok. Still quicker than finding them in the phone or dialing each number.

The bill pay was with Qwest. Never had a single problem paying my bill and I never once talked to person. (not that I don't like talking to people).

People use direct dial by voice all the time. Even 4 years ago I had a crappy Kycera phone and that worked for voice dial.

Using icons on the screen to choose is another option. I don't expect it to be either or voice/click, but both used where each is best suited.

Mobile may not be the common term used world wide, but if the Telecom industry decides thet .mobi is the default for mobile browsers, well then everybody who used a mobile device will use it wether they like it or not.(well the savvy will know how to adjust defaults) but the common person will leave it as is.

It could take 10 years for any of this to happen in a smooth fashion.
It's not a matter if this all takes off, but rather when..

JMHO


gamehouse said:
Do you guys know about how long its been taking for so called voice recognition to reach a level where at least few hundred people use it? Voice recognition is one of those technologies which is working hard to strike a chord with usage but to no avail.

I hear many people saying, lol, soon you can speak off web address into your cell phone and the web will be opened. I hate to say, but that dreaming is going for a long a time now. I would be very happy if my cellphone connects to my buddy at least by voice recognition.

Also, why do you want to confuse common public to speak off the web address but type in anything else going further using that particular web. Or do you expect everything is done by voice recognition. oh la la, thats going to take few more years to achieve acceptable perfection.

Its one thing to say, technology is going to lead the life in few years, which might be true. Its another to KNOW what parts of technologies are actually making ahead at the end of the day. I know on namepros most of the members are domainers, check out howard forums to meet mobile (lol, is that how it is called in my country? I think its called cell, but .mobi is gTLD, kudos to ICANN overlooking the fact that mobile is not called mobile in all the countries in the world) yup, mobile mad people who change phones every three months. I was part of them once.

On the other hand, I wish you folks great returns, after all , you are all my friends on this great Namepros.

GH
 
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gamehouse said:
I meant that when I normally make purchase on the pc. And calling 1-800-flowers would be my choice if I have to buy flowers on the go.

GH

I guess that's one of the main things we'll all be watching for... how many people will change their choice to .mobi vs. a phone call when they can see images AND be doing it on the go. Hopefully you'll be just one of many converts! Just think how text messaging has taken over for so many... my caution lies from memories of the Betamax vs. VHS... I just see more promise for .mobi than risk.
 
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think said:
Hi Lux,

Were you THINKING of me when you put THINK, in caps?
( I am only joking :) )

I do have a great deal invested in Mobi for an investor my size, about 35-40k on around 400 names. The landrush was very good to me. ...........

......I wish the best to all in the forums no matter your feelings on a new tld that still has a long way to go before it can truly be called a contender.

That said I hope even classic dot com domainers will realize that people will be looking for mobile content very soon and now is the time to prepare to meet this up and coming need.

I hope the ppc companies are working hard to prepare for this. Even if you doubt the need for dot Mobi the need for traditional tlds to be mobile friendly is rapidly approaching.

Best wishes and happy domaining,

C.T. Kirkpatrick
aka: Think
Think, this is something everyone should read and give heed to. Very well put, and a well balanced view of the .mobi tld, and arguements for and against it. I myself was against it at first and didn't have a list of names to reg until the day before the landrush. Reading all the various opinions and pieces in forums and websites, it then became more clear that this is more than just another tld. It is a tld that will serve and push forward the mobile internet experience that is coming, and is literally just around the corner. Anybody can do anything with anything to make it work on various applications, like adjusting their dot com site for mobile viewing, or using a script etc, to make it work. It's the majority that don't/won't take the time, money, work etc, to make these types arrangements. Kinda like there's those that will go out and get a black box to get free cable, but the majority of people will follow the easier path of paying for services and not having to look over their shoulders (so to speak) to make sure they are hassle free. I think too many 'skeptics' are looking at their own computer skills/abilities, and/or hard lessons they've had, instead of an obvious future opportunity.

Whatever the length of time it will last, .mobi will be the extension that will push the mobile internet forward for the initial being, if not longer. The rewards for spending some money on some good .mobi names now while they are available, can be too much to pass up on now, for a sure thing that is coming tomorrow.

Great post Think. GL
 
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Thats a BIG if, I would say. There will be many factors coming into place for something like that to happen. But I honestly wish that will happen.

Regards,

GH


cursal said:
Mobile may not be the common term used world wide, but if the Telecom industry decides thet .mobi is the default for mobile browsers, well then everybody who used a mobile device will use it wether they like it or not.(well the savvy will know how to adjust defaults) but the common person will leave it as is.

It could take 10 years for any of this to happen in a smooth fashion.
It's not a matter if this all takes off, but rather when..

JMHO
 
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think said:
I am planning to spend a great deal on the development of Mobi

Think,

I've said this many times before, but development will play a key role in the success of mobi. Your plans of developing is great news! I know you caught some great names during landrush.. (many of which I pre-registered!) but I look forward to see what you develop. Good luck

Minion

PS: Let me know if you need any help with development

think said:
I then realized I had found a soft spot in a very promising industry. I spent hours preparing my lists knowing about the premium list but thinking there would be some that were missed.

I also waited anxiously for companies to allow pre-registrations. I remained very quiet in the beginning so I didn't clue in competition for the landrush.

This sounds really familiar :)
 
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Another nice mobi sale today...

Leads.mobi - $7000 at Afternic :)

GoPC
 
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I want to clarify, I'm not anti-mobi.

I'm anti-everything. :laugh:

Seriously though, I have registered 50+ .Mobi domains, so I hope it does well.

But I am skeptical, and I am uncertain, and it is a high risk.

:gl:
 
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think said:
... I purchased Austin.biz at Traffic.
Congratulations on getting an outstanding city. Also, thanks for a very balanced and thoughtful post on mobi.
 
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Carlton said:
Congratulations on getting an outstanding city. Also, thanks for a very balanced and thoughtful post on mobi.

Thank you. I really like your work on Tampa.mobi.

I should rephrase and say I have the winning bid on austin.biz but hope to have the purchase completed very soon.
 
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Think - I won't use the 'quote' function as your post was long but I just wanted to applaud you on one of the better posts/opinions I've seen on this forum. I'm referring to post #25.

You are one of the few people that appears to be level headed and you have obviously formulated a business plan based on your sound research. As with every other .MOBI owner I sincerely hope that all the hype turns out to be true.

Good luck and my fingers, toes, ears, nostril hairs and anything else I can think of to cross, are crossed for you! :)

Peace

Lux
 
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Those who have great keyword domains in other popular extensions perhaps can afford to remain indifferent to .mobi , but for many that have been bottom feeders in the domain pond this would be a great opportunity to elevate themselves to the big fish status, This is perhaps one of the only times that good keyword domains could be obtained with minimal investment, there might not be another opportunity like this for a long time to come. You don’t have to have hundreds of domains to be a big fish you just have to get a few good domains that have the potential to be developed in to popular and useful websites. I myself have been thinking about a domain that could be suitable for all things related to camping and campgrounds and finally came up with happycamper.mobi
 
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namewaiter said:
All the metrics aside .. this is the most important aspect naysayers overlook.

flowers.com (1800flowers.com) was outbid by Rick ... they were willing to pay $190,000 for it ... they wanted the domain! Think they know their market?

Yes they know their market, and they weren't prepared to pay 210k for it..

DB nailed my thoughts exactly on .MOBI, I bought 30 or 40 domains but I'm skeptical. For me, being relatively new to domains, I'd rather lose a few hundred bucks over a couple of years on an investment that doesn't work out than miss a GTLD launch, and not "just another TLD" but one with a real purpose and real potential. Whether or not that potential is realized only time will tell, but I'm pleasantly surprised at some of the prices .MOBIs are fetching already, both LLL and keywords -- it's already virtually caught up with .US in a matter of weeks.

I guess I should get around to seeing exactly which domains I did get during landrush sometime soon, been super busy on a non-domain related project, seems I've missed a few nice .us sales too :(
 
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I'm surprised by the thinking of some of the "old timers". I mean they were the one's that saw the value of domains as an investment before most of the world even knew what the internet was. You would think that their ability to think outside the box and several years into the future, they would be willing to gamble a few bucks on Mobi.

I'm not saying that Mobi will be what everyone hopes it will, but I'm willing to bet one nights worth of poker/blackjack/craps money on it.
 
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When you are successful doing something - even something outside the box - you develop patterns of thought. Even creative domainers lose that edge - why would they need it when the check from the parking company comes every month?

It also is true that the success of .MOBI would mean that this new market does not (as much) go toward their investments in .COM.

Who knows how successful .MOBI will be. It is speculation, but also a rare opportunity to play for high stakes.
 
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duceman said:
I'm surprised by the thinking of some of the "old timers". I mean they were the one's that saw the value of domains as an investment before most of the world even knew what the internet was. You would think that their ability to think outside the box and several years into the future, they would be willing to gamble a few bucks on Mobi.

I'm not saying that Mobi will be what everyone hopes it will, but I'm willing to bet one nights worth of poker/blackjack/craps money on it.


" old timers " are thinking inside and outside the box ...

we have been through or burnt by new.net, the first

idns attempt, the early .tv up and down ... remember

as long as .mobi is not exclusive it won't have the same

value ... flowers.com IS mobile if it wants to be ... why

waste $200,000.00 when a few dollars worth of code will

do the same thing ? Also why wait 2-10 years to get

a return on $200,000.00 when you could have bought

some other .mobis with the same amount and make an

immediate return like some folks on NP have done.

:imho:
 
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