.mobi GAMBLE.mobi - The reason why I sold

[webecri]

A lot people posted in many forums that I was stupid selling this domain for "only" $ 33,000. In the following post I will explain why I am happy with the sale:

“I really hope the buyer of GAMBLE.mobi will sell this domain for $ 200.000 in 2009; I won’t be jealous then.”

This is what I think at the moment.

You could say: “Why did you sell this wonderful name?” and “Why wouldn’t you be jealous then?”


Reason 1 – Overture results
Agent.mobi sold for $6,241 – OVT +1,000k (including all the “agent included” searches)
Students.mobi sold for $5,600 – OVT 400k (including “student included” searches)
Lenders.mobi sold for $5,200 – OVT 100k (including “mortgage lenders”)
Consultant.mobi sold for $3,650 – OVT 170k (including all “consultant included” searches)
Dealer.mobi sold for $3,050 – OVT +1,000k (including all “dealer included” searches)

These examples are all potential $ XXX,XXX.xx domains that have a great overture. Gamble only has an overture of 17,000 – including all the “gambling related” searches.

When above mentioned 5 examples were sold, I did not hear any domainer saying: “You are stupid that you sell at the moment…”.


Reason 2 – Cash for development and Quit my current job
I (or we – including my business partner) needed some money for
- the development of some dotmobi’s.
- to quit my job next month and concentrate 100% on development


Reason 3 – Traffic
I do not expect a lot of consumer traffic in the next 1 – 2 years on this domain.


Reason 4 – Main reason

“If dotmobi really succeeds, the rest of my portfolio will bring the gold.” (View my portfolio)

But if dotmobi fails, or will become an average TLD, I am out of my costs and have gained a healthy profit.

I sold 8 out of my 380 dotmobi’s for the total amount of almost $ 50,000!

I invested $ 18,500

I don’t think anyone imagined three months ago that it was possible to gain a profit of + $ 30,000, with selling a few “landrush” dotmobi’s in a couple of weeks…


WEBecri
The Netherlands

PS Of course also thanks for all the positive reactions!!! You really supported me!

 

[cityforums.com]

congratualations ... I have some knowledge of the

the gambling market and you sold at the right price ... it

wasn't worth that money at this stage of the game ...

the buyer is taking a gamble with his gamble.mobi

and did you a big favor ... your sale will allow you

to roll it over to make even more money.

 

[-db-]

You did the right thing in my opinion.

.Mobi has exciting potential, but it also has tremendous risk.

You made an excellent profit, in a short period of time.

No looking back. Only forward to the next one.

Congratulations on the sale!

 

[domainer50]

Great explanation. Congratulations on the sale. I hope the rest of yoru portfolio is just as good.

 

[Traveler]

I think it was a smart move. I fully believe that .mobi will take off but you got a great ROI in such a short time and still have a good portfolio with great potential!!!

Congrats

You are a .mobi success!!! No matter what becomes of the extension!

 

[stscac]

Nice commentary, great insight.

$33,000 is more than many people make in a year. Use it to develop something big or add it to the downpayment of a house, that could really save you big in the long run



-Steve

 

[GeoOwners]

:santa: sounds like you have more brains than I do..:santa:

 

[thinking1]

I really want to see what your Mobi sites look like after you finish developing them!

 

[mtvplayer]

you got route.mobi, i own myRoute.mobi, there are good for use GPS in mobilePhone?

 

[Mobineer]

You made the right decision --- as you prob do not have the bandwidth to dev such a site and it would be a "gamble" to hang on and hope its valuation rises - which it prob will -- but this will give you some instacash --- got to know when to walk away a winner and you did! now cash in and start developing --- congrats!

 

[whitebark]

Many governments are doing their best to squash online gambling - you made the right move.

 

[runsome]

A lot people posted in many forums that I was stupid selling this domain for "only" $ 33,000.....

Those who say that you were stupid for selling gamble.mobi are just plain jealous if they really feel that way. IMO I think if you got 15k-20k for the name (this early on) that your sale would be justified. I think 50k is too much for that name at this stage.

For those who say that it was a stupid sale, lets put thing into perspective.
I say it's a great name but its not casino.mobi

If you had casino.mobi and sold it for 33k at then I could see the reason for such scrutiny.

Congrats on the sale.

cheers :tu: