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View Full Version : ICANN ACCREDITATION
hbbert 11-12-2009, 10:01 AM Our company currently has about 8200 gTLD domainnames registered for customers.
Is it profitable to request an ICANN accreditation ? What are the costs involved ?
gate2vn 11-12-2009, 10:35 AM No, last time I calculated, you should have 24K+ domains in hand to get the same profit margin, comparing to be a reseller. My calculation was from 2007, and the cost for domain is higher now, so I think you will need more, not 8K domains in hand.
LogicBoxes 11-13-2009, 07:02 AM Thought we might be able to add a bit of a perspective to this conversation.
Once you've crossed the 7,000 to 8,000 domains mark, an ICANN Accreditation might begin to make sense from a cost-savings point of view, because that's when you start recovering your investment (ICANN Annual Fees, etc.). Your savings will keep increasing as your volumes grow, which means that as a reseller with over 8,000 domains, chances are you're making a loss on every domain registered.
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mbulent 11-13-2009, 11:43 AM you should follow ICANN accreditation
Why: You will be listed as being a ICANN registered registrar
Will not depend on your current provider for pricing and business decisions.
And there are other advantages not seeing like accessing Verisign reports to evaluate and backorder deleted domains.
I wouldn't wait and go ahead.
logicboxes.com is recommended for a help;
hbbert 11-13-2009, 12:01 PM Thank you all for your input. This has been a usefull discussion.
thomasjensen 11-13-2009, 05:16 PM Not at that number, I would stick with being a reseller
netearth 11-14-2009, 11:46 AM I will chip in, your fees per year will be around $8,000 USD as a MINIMUM with ICANN accreditation, so that is 1 dollar per domain.
If you went down the LB route for a platform, that means an extra 35 cents for a .COM, so you are now at $1.35 as a cost on top of the ICANN and reg fee, so a .COM costs you $7.04 if using 2009 RAA, plus say just the $1 as you might have your own platform, thats 8.04 cost, eNom sell cheaper than that, so do many other reseller centric registrars.
IMO get more domain under your belt first, 3i were along the right track above. :)
Chris
Zaffer 11-14-2009, 06:27 PM Our company currently has about 8200 gTLD domainnames registered for customers.
Is it profitable to request an ICANN accreditation ? What are the costs involved ?
You seem to be well placed to get ICANN accreditation in my opinion, but its purely a business call.
With the calculations provided earlier in the thread, seems profitability (numerical) would depend on whether bulk of your business comes from sub-resellers or direct customers.
So if your business was mostly from direct customers, it would make sense to get accreditation and reap benefits of the elevation to the next level. On the other hand, if your business was mostly from sub-resellers, you may want to do some analysis and take a call.
adamramadhan 11-19-2009, 10:11 AM how about if i have 0 clients ? can i have a accreditation from ICANN ?
netearth 11-19-2009, 11:18 AM how about if i have 0 clients ? can i have a accreditation from ICANN ?
You can yes, if you want to pay all the fees that go with it.
adamramadhan 11-19-2009, 12:28 PM 2500$ ? just that ? or there is more unseen payments ?
2500$ ? just that ? or there is more unseen payments ?
It's more than that and it is mandatory that you prove to ICANN that you have at least $75,000 cash on hand.
adamramadhan 11-20-2009, 05:57 AM $75,000 ? wtf ? including our office ? deposits ? or what ? thanks for the replay
$75,000 ? wtf ? including our office ? deposits ? or what ? thanks for the replayCash. You do not need to deposit it, but ICANN needs to make sure you have that amount with you.
BurakUeda 11-20-2009, 06:15 AM $75,000 ? wtf ? including our office ? deposits ? or what ? thanks for the replay
Surprised?
Being a domain registrar is serious business, and we don't want any kiddie-registrars around. Do you really want a system that anyone with few thousands dollars can become a registrar?
75K and mandatory annual fee should be more imho.
adamramadhan 11-20-2009, 08:03 AM Cash. You do not need to deposit it, but ICANN needs to make sure you have that amount with you.
how can they make sure that a registrar have that amount of money ? everyone can tell that i have 75.000$ .
how can they make sure that a registrar have that amount of money ? everyone can tell that i have 75.000$ .
There is something called bank statement....
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