.CO domains are now open to all. Must have keyword domains are registered, but like many other domains such as .mobi and .me, many keyword domains remain largely available in several different categories.
Memories of Failed Domains
The memories of failed domains and investments like .MOBI, have left many avoiding new domains, or at least avoiding hefty upfront investments.
How did Music.mobi ever turn out after the buyer paid $616,000 for the name? Or games.mobi for $401,500? Or flowers.mobi for $200,000 purchased by Rick Schwartz in 2007?
The last notable .MOBI sale for over $50,000 that was public, was Casino.mobi in September 2009 for $135,000.
Domain investors are increasingly wary about new domains. Although the flood of new domains presents challenges, some organizations and individuals are finding creative ways to use alternate domains. It’s just a matter of marketing and money.
For anyone who invests in domain names, owning the best .COM domain is an important part of a portfolio, but taking some risks can pay off.
If .CO domains turn out to be successful, it could serve to be a smart investment for those who added .CO domains to their portfolio early.
All that said, which .CO domains did you register?
We are conscious about our budget and don’t have the money to speculate, but we registered a handful through GoDaddy including LaborDay.co, MemorialDay.co, IndependenceDay.co and a few other holidays.