Either it is confusing or I am dumb. Anyway, can someone clarify.

If I have an eNom $7.95 account, I can create retail accounts for no less than $9.17.

Lets start:

1 - Now if I offer my customers a retail account for $9.17, that means I won't be making any money.


2 - If I offer a retail account for say $10, I will make a profit of (($10 * 0.97) - $0.95) - $7.95 = $0.80 for every domain that they register. (3% for transaction charges and $0.95 standard transaction fees goes to Enom).


3 - Can I sign up the customers with a new retail account, and register the domain in my $7.95 reseller account and then push it in my customer's account.
If I register a domain, I will have to pay for 3% transaction charge only (that too if I use paypal to refill my account). So the cost to me will be $7.95 / 0.97 = $8.20. Since I can push the domain freely into the customer's account, I make a profit of $1.80 if I charge the customer $10. Is that right?


Hope I have made myself clear. Please help.
FusionX

1. Actually for a 7.95 account I think it is 9.18
2. Yes you are correct.
3. Yes you can buy them in your own account and push to a customers retail account. You might want to think about the time you will need to invest in doing this.

Originally posted by acts837
1. Actually for a 7.95 account I think it is 9.18
2. Yes you are correct.
3. Yes you can buy them in your own account and push to a customers retail account. You might want to think about the time you will need to invest in doing this.

Thanks for the answer. Yeah I know that the time requirements will kill me. Guess I will have to go the direct way and markup substantially.

Thanks anyway.

couls use a 3rd party utility and sell them direct.

if you go with 6.95 you might be making little more money.

and sub-reseller accounts are better then retail since the %3 is charged to your customers :)

so if u have 6.95 and u open free 8.95 accounts to your customers/resellers you will be making pure $2/domain which is pretty good compared to current domains marketplace.

Thanks Bashar. I realized this and secured a $6.95 account. Now I am all set.

Originally posted by WebFusion
Thanks Bashar. I realized this and secured a $6.95 account. Now I am all set.

What did you pay for it if you do not mind me asking

so if u have 6.95 and u open free 8.95 accounts to your customers/resellers you will be making pure $2/domain which is pretty good compared to current domains marketplace.

Are you sure of this ?

Bashar is correct.

Ok i didn't know that :) Thank you.

2.00 per domain is pretty good volume

sure and VERY good profit indeed