How do resellers get their profit out of a Logic Boxes registrar (ie: Directi/Stargate/netearthone...) and into their pockets? How long does it take, is there a waiting period, and what are the fees?
LogicBoxes is the reseller interface used by Directi, ResellerClub, Resell.biz, Stargate, DomainCentral etc.... How do resellers for these companies get their money & profits out?
I use resellerclub, the way it works is after you have created your account and setup the site. You will setup your payment processors, the customers and sub-resellers pay you directly through the system. For example, if you setup a payment gateway to use PayPal, then the funds would go directly into your PayPal account. So, yes you do get paid instantly when customers place an order. However, in order for the system to works, you have to have funds in yoour account first.
for directi no fees, the amount you put on top of the base price is your profit. but as anyother business you need customers to buy things off your site to make profit. promoting the site is the tuff part. but directi affiliate sites are great for SEO as you can fully customise the site easily
Let me try to explain how you earn out of it. I am a DirectI reseller. First the basic thing: The prices work on a slab basis - the more volumes you do, the more discounts you get. You can offer end-user account or reseller accounts. Now how does one earn? I have end-users and resellers under me. When they avail the services, I get cheaper rates. This means first and foremost, domain reg has become much cheaper for me. Secondly, I mark up nominally for end-user accounts to make limited margins keeping the customers happy with the prices. I pass on the benefits to the resellers so that they can compete and are happy to sign-up with me. They hardly get me profits but help me to get better prices. This is mutual help. If you sign-up directly, you need to pay initial deposit of $199 to get the rates under the highest slab. Then you have to struggle to achieve volumes to come under discounted slabs. I have already achieved this and share the benefits with co-members. You can sign-up for reseller account with initial deposit of $100 (fully usable - no non-refundable charges) directly under discounted slab prices. Hope have made myself clear. PM me for further details. BTW, currently offer is going on at this thread.