Quote:
Originally Posted by rowan
Registrars pay Verisign and ICANN wholesale fees, which are a lot more than 35 cents. I think the wholesale rate these days is about $6.50 to NSI and 40c to ICANN, so charging $7 - 7.50 for a domain doesn't leave a lot of margin.
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Thanks, I couldn't remember the exact numbers Al was telling me that day. It was a couple of years ago.
So when I use Netsol they DO make a huge profit, whereas the registrars who offer dirt cheap are looking to make money by quantity.