I want jump in and say that we are examining our options with a fine tooth
comb - they announced policy WILL change. Right now, three options:
1. negotiate with .biz a post successful registration period for payment
(best solution for all)
or
2. limit "hold" to registrant submission for single name (one registrant
can buy XXX tickets for a given name, and only have $10 on hold)
3. limit "hold" to reseller submission for single name (one reseller can
have XXX registrants buy XXX tickets for a given name, and only have $10 on
hold)
If you have a preference between 2 and 3 - please post!
Regards,
sA
At 09:18 AM 5/17/01 -0400, Chuck Hatcher wrote:
>Looking at the price schedule for the .biz lottery:
>
> > Pre-registration submissions (lottery system):
> >
> > - up to 5,000 pre-registration submissions: $3.00
> > - 5,000 - 15,000 pre-registration submissions: $2.70
> > - greater than 15,000 pre-registration submissions: $2.30
>
>Presumably someone at OpenSRS anticipates the likelihood of an RSP
>submitting in excess of 15,000 pre-registrations. So let's say I submit
>15,000. I would have to pay up front:
>
>15,000 x $3.00 = $45,000, plus
>15,000 x $10.00 = $150,000, for a total of $195,000.
>
>When the dust finally settles, I get back $10 per failed registration, plus
>a (delayed) rebate of 15,000 x $.70, or $10,500.
>
>If OpenSRS pays $2.00 per pre-registration (assuming they can't negotiate a
>better rate from the registry), their gross profit on the pre-registration
>fees is $4,500 (15,000 x $.30). In addition, they have the use of (or
>interest on) the $150,000 for up to three months, and the rebate of $10,500
>for up to four months. Add to that the margin on any successful
>registrations, which I don't know for sure, but let's assume it's around
>$4.00 per domain year, as for the other gtld's.
>
>The unknown, of course, is the percentage of successful registrations, which
>must be somewhere between 0 and 100%. We could argue all day about the
>likely figure, but nobody really knows. The facts are these:
>
>1. If a single RSP submits more than one pre-registration for the same
>domain name, OpenSRS will have collected more money than the RSP can
>possibly owe in the end.
>
>2. By collecting $10.00 per domain up front (as opposed to say, $6.00),
>OpenSRS is not only "covering" it's cost of the potential registration, but
>also it's own margin or gross profit for said registration.
>
>3. By increasing the financial burden on the RSP for each pre-registration,
>OpenSRS is decreasing the number of possible pre-registrations, reducing the
>potential return for everyone, including OpenSRS, the RSP, and the registry.
>
>4. If potential .biz registrants pre-register somewhere else because of the
>high cost imposed by OpenSRS on its resellers, more successful registrations
>will occur elsewhere, depriving OpenSRS and its resellers of potential
>revenue (and future renewals).
>
>I am not privy to the thinking behind the announced policy, but from my
>perspective it would be in the best interests of OpenSRS to take the
>long-term view and make it as easy and affordable as possible for RSP's to
>submit .biz pre-registrations.
Scott Allan
Director OpenSRS
[EMAIL PROTECTED]
