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Domain Discussion
Domain Name News
Hosting platform Epik can’t pay any of its users right now
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<blockquote data-quote="amplify" data-source="post: 2369945" data-attributes="member: 130638"><p>A lot of those customers weren't really providing value anyway -- on the surface -- as they had at-cost registrations (something I'd not run away from as a larger portfolio holder if you know that ICANN would just automatically reassign your names).</p><p></p><p>The only good thing that Epik had going for them (when it was Epik, et al.) was you selling your name on their platform for them to benefit from the 9% in sales commissions and from whatever else they could cross-sale/up-sale to the new customer. That, I think, was their bet on domainers. But, you really didn't do anything in the micro-perspective when it comes to renewals to a registrar what a "bank run " would do to banks, in comparison to a registrar that charges more for their renewals at least. However, with Epik split from the other companies, it really lost nothing except registrations under its belt... registrations that would in essence be a liability to them because they would still need customer service, etc., for a "free" product offering, as I'm unsure they'll be in the business of hosting, etc., at this time.</p></blockquote><p></p>
[QUOTE="amplify, post: 2369945, member: 130638"] A lot of those customers weren't really providing value anyway -- on the surface -- as they had at-cost registrations (something I'd not run away from as a larger portfolio holder if you know that ICANN would just automatically reassign your names). The only good thing that Epik had going for them (when it was Epik, et al.) was you selling your name on their platform for them to benefit from the 9% in sales commissions and from whatever else they could cross-sale/up-sale to the new customer. That, I think, was their bet on domainers. But, you really didn't do anything in the micro-perspective when it comes to renewals to a registrar what a "bank run " would do to banks, in comparison to a registrar that charges more for their renewals at least. However, with Epik split from the other companies, it really lost nothing except registrations under its belt... registrations that would in essence be a liability to them because they would still need customer service, etc., for a "free" product offering, as I'm unsure they'll be in the business of hosting, etc., at this time. [/QUOTE]
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