I remembered the first time I heard about .PH and .COM.PH domains and felt that this is what I’ve been looking for. It was promising and somehow I can see the potential and how it could grow into the next .COM story locally (good returns but obviously not as big). But one year later after I registered my first ever .PH and .COM.PH domain, I’m looking to drop quite a bit in my portfolio and focus on some domains for development.
It was one of my mistakes when I first gotten into investing in these domains, it felt like a kid being left in a candy shop (where he haven’t had any candies for years and had a strong craving). I quickly registered a huge chunk that I thought was amazing, not thinking about what I’ll do with it, and just thought that wow this was sold for this much in .COM this is a sure winner! Guess what, I was wrong!
– Time and the renewal fees are always the problem –
I registered so much that I lost my focus, not only that, but also didn’t have enough time to develop all of them and with some minisites not earning enough to repay their renewal fees. It was a mistake that I diversified my focus and started building one category and jumping to another which really got most of my time. With me collecting almost a hundred of .PH and .COM.PH domains, it was going to take me a long time to finish developing and would keep paying the renewal fees without much revenues. Google Adsense pays a low CPC in our local area.
So I’m left with not choice but to drop a huge chunk of domains which I couldn’t develop and take my chances of reregistering again one day if its still unregistered than keep paying the renewal fees. DotPH has still got a promising future, but again not for a huge number of projects but more on focusing on specific topics and a few domains that is worth paying renewal fees for.
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