AN ONLINE guru who bought adult a fibre of websites during a emergence of a internet expects to dip £1 million by cashing in on his dot.com portfolio.
Tommy Butler, one of Scotland’s initial domain name experts, is offered his renouned site Glasgow.com after 21 years of owning a domain. But he also owns many other geodomains including Largs.com, Greenock.com and Kirkintilloch.co.uk.
Mr Butler began his operative life gutting chickens during a ornithology market, though a multiple of foreknowledge and fitness saw him buy adult a series of web addresses when a internet was only holding off.
He sole many of them off for a poignant distinction before shopping a Glasgow.com site in 2001 for a reported £100,000.
He said: “I’ve been totally astounded by a seductiveness in a Glasgow.com site.
“I knew there competence be some seductiveness in domain name circles, though I’ve had offers from several people including Scottish businessmen, transport firms, companies and even a middle-eastern member of royalty.
“So that’s got me meditative to charity all of them out there. I’m releasing Glasgow.com as it doesn’t fit with my stream business plan so it creates clarity to recover a others as good – possibly to a same customer or standalone buyers.
“The other thing that has blown me divided has been a critical offers entrance in so fast so that means instead of this holding until a finish of summer, as we suspicion it might, we might be means to have this resolved by a finish of May.”
It is accepted one intensity customer has already tabled a bid of £650,000 for Glasgow.com.
Geographic domains – famous as Geodomains – can attract poignant seductiveness and fees if a chairman thinks a site will beget adequate traffic.
Popular Geodomain sales embody Moscow.com, that went for £200,000, England.com, that was sole for £1.8 million, and NewYork.com, that netted a seven-figure sum progressing this decade.
The businessman is good reputable within a digital courtesy for branch his courtesy to websites when others were still meditative of shopping fax machines.
He bought one of his initial sites for £100 and sole it dual weeks after for £1200. He also tapped into a supervision drug beginning Know The Score and bought a domain name knowthescore.com, that he sole for £18,000 within a week.
But his biggest success stays a investment he done in geodomains that organically attract waves of internet traffic.