Sorry, i don't get it. Transfer in at any registrar costs say $7 in a good day. What's a point to reg a domain at netsol for $1 and then in 60 days to pay another $7 for the transfer? Where the whole sense of using the $1 promo is here? Isn't it better for your wallet and nerves to reg that domain straight for $7 at a sane registrar?
Now multiply this times 1,000... or better yet 2,000... and run this same calculation again and you just might see the light...
I say you "might" get it, but I understand where most people don't. In order to wrap your head around this, you must have a list of hundreds or thousands of still unregged names that make sense just laying around, waiting, crying, burning a hole in your brain... what if... Well, most people don't, so it's hard for them to comprehend what a life changing opportunity such an $1 promo is!
And I'm not talking about outbound selling, say, 5% or even 10% of the names at mid to high $xxx and dropping the other 90% come renewal time. Don't get me wrong, this is a solid, KISS strategy with an incredible B/E at one or two domains sold and I'm not above improving cashflow this way
But that's peanuts relative to the long game. Read: developing and making $xxx on, say, 80% of the names! That's $xxx monthly, not one off! I mean, why sell the cake off quickly, when you can both have it and eat it, too!
Except... HugeDomains, with an unlimited budget, I'm not! Enter good ol' NetSol with a helping hand to jump start this!
P.S. I was perfectly happy to keep and renew the 80% of names with NetSol for a great many good years to come at their wholesale rate of $9... provided they don't freeze people out of their accounts! In late 1990's I used to be the NetSol's Gold Partner, so I'm a bit more open minded about them than most, even thought that was a different company, of course. This said, given this new development, I'm forced to rethink that win-win approach