I don't want to badmouth anyone, especially since I don't even know what's truly going on, but let's for a moment ignore the fact that their support is lackluster and that you truly get what you pay for with them...
How does their pricing make any sense? What is the logic behind charging $6.99 on new .com registrations and $7.99 on renewals, when wholesale registry fee is $8.97 + $0.18 ICANN ($9.15)? Even if they went Cloudflare route (and charge the Verisign+ICANN fee only) they would still have to pay for the business operating costs out of pocket, but the way they are set up, they are not only paying those costs, but also for each and every registration and renewal that comes through them (approx -$1 to -$2). Can anyone explain this?
Mind you, I understand why GoDaddy could do this in the past, with all the extras they upsell to the moms and pops, but Cosmotown doesn't even attempt that.
Another explanation could be that they're trying to get a piece of the market share at a temporary net minus before they stat raising prices, which is a common strategy, but in order to get that share they would have to offer a good service and quality support to leave a lasting positive impression, and they don't seem to be able to do that. So what's going on there? Are domains even safe? And are they really losing ~$2 dollars on every single new registration? I don't understand how they ever expect to make that money back, unless it's just a l******mat, and the loss per domain registered is just the cost of doing "business"... well shit, I never thought of this until right now
How does their pricing make any sense? What is the logic behind charging $6.99 on new .com registrations and $7.99 on renewals, when wholesale registry fee is $8.97 + $0.18 ICANN ($9.15)? Even if they went Cloudflare route (and charge the Verisign+ICANN fee only) they would still have to pay for the business operating costs out of pocket, but the way they are set up, they are not only paying those costs, but also for each and every registration and renewal that comes through them (approx -$1 to -$2). Can anyone explain this?
Mind you, I understand why GoDaddy could do this in the past, with all the extras they upsell to the moms and pops, but Cosmotown doesn't even attempt that.
Another explanation could be that they're trying to get a piece of the market share at a temporary net minus before they stat raising prices, which is a common strategy, but in order to get that share they would have to offer a good service and quality support to leave a lasting positive impression, and they don't seem to be able to do that. So what's going on there? Are domains even safe? And are they really losing ~$2 dollars on every single new registration? I don't understand how they ever expect to make that money back, unless it's just a l******mat, and the loss per domain registered is just the cost of doing "business"... well shit, I never thought of this until right now