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reseller club vs godaddy?? which is the best domain reseller??

Discussion in 'Domain Names' started by blogster100, Jun 12, 2008.

  1. #1
    I want to choose one reseller from resellerclub.com & godaddy.com!

    earlier i was attracted to godaddy as their charges are chepest but now i came to know their hidden costs.
    ex for a .com domain its $6.73 + 2.5% credit card+$0.25 per transaction that seems costly.

    resellerclub charges $7.49 but i am not sure it has any hidden costs too??

    Plz suggest me the best domain reseller with low prices & highest level of automation.....
     
    blogster100, Jun 12, 2008 IP
  2. drugstores4u

    drugstores4u Peon

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    #2
    I want to know the results too. I also want to know who process my customers' credit card?

    Thanks in advance!
     
    drugstores4u, Jun 12, 2008 IP
  3. kohashi

    kohashi Well-Known Member

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    #3
    depends what you want out of the system/: turnkey/api/service/support

    i dont like either of the companies personally but I don't really resell domains because I never found a company with a turnkey/whitelabel system I felt good enough to associate with my name and reputation on the line for it. I know a lot of more serious resellers prefer Tucows and have heard nothing but praise for them, but they are more expensive by far compared to those two bottomfeeders.
     
    kohashi, Jun 13, 2008 IP
  4. impactservices.in

    impactservices.in Guest

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    #4
    We are resellerclub.com reseller. Happy with their services so far.

    No hidden charges. You can directly register with resellerclub or you can become a reseller at our site.

    Why partner with us?
    Resellerclub has slab rates - based on your volumes, you will get discounts. If you start directly with them, you will have to make high initial deposits to get reasonably good prices. We have already achieved volumes and can offer you discounted prices from higher slab with low initial deposit - starting at $100

    Complete private label is possible. You manage your customers directly and set the prices you want to offer.

    Any further queries, please pm me or post here.

    Hope this helps.
     
    impactservices.in, Jun 14, 2008 IP
  5. iPatrona

    iPatrona Member

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    #5
    I still don't understand how it all works with Reseller Club. You have to make a deposit and depending on how much you deposit that will determine the wholesale price. There is another cost and that would be the cost of processing the credit card when someone makes a purchase from you reseller site.
    What I don't understand is why the deposit amount that you put in is decreased by the amount purchased by a customer. I don't understand how I would make any income, where is the profit going?
     
    iPatrona, Nov 21, 2008 IP
  6. jmalinie

    jmalinie Well-Known Member

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    #6
    jmalinie, Nov 21, 2008 IP
  7. dudych

    dudych Member

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    #7
    I had an account(domains) in Estdomains.com and service Private Whois has been activated.
    After closing Estdomains.com all accounts migrated in resellerclub.
    Resellerclub has asked to put the real data in Whois, that I have made.

    After that, resellerclub has sent the letter in which has demanded documents with new data.
    Resellerclub has given 48 hours.
    The letter has read just.
    I still had 24 hours. :eek:
    Or domains will suspended :mad:
     
    dudych, Feb 8, 2009 IP
  8. jiggymehta

    jiggymehta Peon

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    #8
    Iv been with ResellerClub for more than 2 years now..and haven't faced any issues as such..I do buy a domain or two from Godaddy as well cos of their coupon codes..but those are for my use..for my customers domains, I always use RC..the cost of CC that someone specified above are the transaction charges which are payable by you, no matter which company you buy from..since I have used both RC and Godaddy, I have a fair idea about both the registrars

    so, if you wish to buy a couple of domains, lets say 10-15, and then keep on renewing them every year..then Godaddy is the best option for you..however, if you wish to start a new Business wherein you want to sell domains to your customers or sub-resellers..then RC is the best option for you
     
    jiggymehta, Feb 9, 2009 IP
  9. Abraham Dalton

    Abraham Dalton Guest

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    #9
    It basically works like this:

    • Lets say you create a Reseller Account with us and add USD 499 in your advance account
    • As per your Slab, your cost price for a .COM Domain is USD 8.89
    • Assume you’ve set your selling price for .COM Domains at USD 10
    • Now, when your Customer buys a Domain Name from you:
    1. USD 8.89 gets deducted from your advance account
    2. Your advance account now has USD 499 – USD 8.89 = USD 490.1
    3. You can then go ahead and collect USD 10 from your Customer which is completely yours :)
    4. This USD 10 consists of your Cost Price (USD 8.89) + your Profit (1.11)
     
    Abraham Dalton, Feb 9, 2009 IP
  10. UAA

    UAA Active Member

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    #10
    of course you'll not get 1.11 because there are some hidden fees such as transection fees so It'll be below $1 and you'll need to sell thousands of domains for $10 to meet your operating costs.. And in this market conditions it's realy hard to gain customers if you don't have a good reputation.. The first think I do is making a whois on finding the reg. date of the reseller, because there are alot of people who are lying! They say that they are trustable companies, they offer cheaper prices than the cost of the domains!!! They also add that they have been active for several years but when you make the whois their domain was registered a month ago :rolleyes: I'd go with godaddy reseller because they offer the cheapest prices which gives you competition chance with other resellers!
     
    UAA, Feb 9, 2009 IP
  11. JAngel2138

    JAngel2138 Peon

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    #11
    Let me try to clear some things up here about the hidden fees.

    There is no per transaction charge fee for the domains, the fee is for your initital deposit. So let's say you deposit $100 that means they will deduct 2.2% processing fee. Which means instead of $100 you deposited $97.80 and they kept $2.20. That is not so bad, you have to consider that domains are really cheap, any merchant knows that you have to pay credit card fees. Okay so the above example was if you used Visa or Mastercard.

    If you use Amex or Discover the percent they take can be anywhere from 2.2% - 3.2% (depending on your issuing bank) and 30 cents per transaction. ONCE AGAIN when they say per transaction its not per domain that you buy, its per deposit. That means if you deposit $1000 it will only be 30 cents. If you deposit $100 ten times to get to $100 than there will be ten 30 cent charges. BUT IT HAS NOTHING TO DO WITH HOW MANY DOMAINS YOU PURCHASE. Its only when you deposit that you are charged.

    Think of it as a convenience fee for paying with CC.

    Quick note paypal same thing, expect they simply deduct whatever paypal charges.

    As a reseller you can choose to pass on this charge to your customer as well depending on what method of payment you are accepting.

    So if you really really have a problem with the fee do what I did. Send a check. I dont think resellerclub allows checks but I go through BestDomainNameReseller.com which is a reseller of ResellerClub and if you contact them, they will let you send a check and your full amount will go to your account.

    For example I sent $200 and was able to use all $200. and right now although the main page says a .com is $7.95 it actually is $7.50. So for my $200 I was able to get 26 .com domains and still have some money left over.
     
    JAngel2138, Feb 23, 2009 IP
  12. buyaccount88

    buyaccount88 Active Member

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    #12
    buyaccount88, Feb 23, 2009 IP
  13. czar2178

    czar2178 Active Member

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    #13
    I am personally using godaddy reseller account. I have had it I think for about 2 and a half years now and it is working great for me. I purchase tons of domain names personally and for some odd reason (never really advertised the site at all) I have been seeing a lot of new customers and transactions. As for processing you are going to have to deal with that anywere you end up. Godaddy has a 24 support number that saves me a big headace because the customers always call them directly and I have even called them to see if they would try and steal the sale but they never once mentioned they are from godaddy and always refered the customers back on my site and were constantly giving my website name.
     
    czar2178, Feb 23, 2009 IP
  14. tloosle

    tloosle Active Member

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    #14
    they both suck!

    Godaddy charges you fake charges. I got billed $20.00, claiming my contact information was reported to be false. Called them. Was told to email somewhere. No surprise nothing happened. The contact info was correct and they refuse to refund the money. Also, hard to be associated with a company who basically uses superbowl porn to advertise. The good site of godaddy is nice mangement, and NO FEES from paypale.

    Reseller club?
    You pay a fee to put money into the account! Against paypal tos, but the get around it saying, the fee is for adding funds, "not buying services". Well, why would I add funds if not to pay for services?

    And worse! If you have a customer or reseller under your account, they pay you. Great, works fine. So they pay you via paypal. And yes, they get credited the net amount from paypal. So, they pay, $100.00 and get credited $97.00. (not sure the exact deductions). So, now you have $97.00 in your paypal. Now, you have to put funds into Reseller club, so that the customer or reseller can buy products. And, resellerclub hits you again with the fee. So, now you have $93.xx in your reseller acount to acutally use to "purchase services"

    this double fee breaks you fast! One is bad eneough, but twice? Yes, a customer could mail you a check to avoid one of the fees, and I do have one large customer who does that. At my request so I don't lose money on him and he is local to me. But anyone else, just not worth it.

    Also, reseller club management tools are a nightmare. Try to export a list of your domains? not gonna happen. Try to do bulk updates, nope, you do it one by one, by one.

    Yes, their api is nice and the customized storefront seems to work ok. But the fees and horrible lack of management of your domains makes it very difficult to use.

    tucows is so expensive, its not even worth talking about them.

    I am stuck with godaddy and directi or resellerclub for lack of a better choice. Maybe time to relook at dotster??


    tony
     
    tloosle, Feb 23, 2009 IP
  15. darkmannn

    darkmannn Peon

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    #15
    I've purchased my domains from a GoDaddy reseller (RegisterDonkey.com)
    Never had a bad experience. If they go out of business my names will be transfered to GoDaddy.
     
    darkmannn, Feb 24, 2009 IP
  16. UAA

    UAA Active Member

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    #16
    The domains of the reseller will be distributed between other resellers :rolleyes:
     
    UAA, Feb 25, 2009 IP
  17. jiggymehta

    jiggymehta Peon

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    #17
    I don't know why you're cribbing so much..Godaddy and ResellerClub are 2 of the biggest registrars in the world..and since I too have accounts with both, let me also share my bit of experience..

    Godaddy is not my favorite registrar..however, they know how to do business..I agree that their policies are sometimes a little weird and unacceptable but thats pretty much the problem with them..what I like about them is that they come up with some discount coupons every now and then..and they save you a lot of money..their support and interfaces are acceptable..

    ResellerClub is my choice when it comes to selling domains to my customers..have been with them for over 4 years now so the first thing that I would like to set right is their payment charges..so when you add USD 199, they charge you with whatever is left after deducting the transaction fee..so even if your account gets credited with, lets say USD 197, they would still activate your account..also, this charge is NOT collected by them..they make no profit from it..the reason I know this is because I have confirmed this with PayPal..also, the fact that they are allowing you to add funds is technically right on their part..and it is also known to PayPal..

    I am not a fan of their control panels..but I must say that they allow you to do more things than any other provider currently does..but, ya I do not mean that they are perfect..the only problem I have with them is their pricing..its not the same way it used to be..they were once one of the cheapest..but that has changed now..

    So, overall I would recommend both of them..you just need to decide which one suits you more..
     
    jiggymehta, Feb 25, 2009 IP
  18. tloosle

    tloosle Active Member

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    #18
    It is against the paypal terms to deduct their fee, no matter what. Same with any credit card merchant account. You are not allowed to charge more for the use of the credit card, nor are you allowed to charge more for using paypal.

    I understand that paypal takes the fee, same as the credit card company, and its not directi. Yet, they are required to assume this cost as a cost of doing business. Godaddy does not hit you for a fee with paypal!

    There is a big difference there! I have started a complaint with paypal, but that is a waste of time as paypal has never resolved anything. But thats another thread!
    tony
     
    tloosle, Feb 25, 2009 IP
  19. esc

    esc Peon

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    #19
    How does GoDaddy charge you... is it similar to ResellerClub and eNom in that you have to have a balance in your account, or do they charge your credit card/paypal whenever someone purchases a domain through you? It would be nice to provide a credit card number and only get charged as items are ordered.
     
    esc, May 16, 2009 IP
  20. czar2178

    czar2178 Active Member

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    #20
    No, with godaddy you just sign up with a reseller account and that's it. You set the prices you want to sell domains at (they give you your buy rate which could be $7 or whatever I am not sure off the top of my head). When someone purchases a domain at lets say $10 you get the $3 difference at the end of the month there is no need to put money upfront and deal with processing from a merchant account. I have been using them for over 2 years now and so far they are great to me. I have an enom reseller account but that is a big headache as I have to keep putting money in there. Also, you have to option of selling a number of different services like web hosting, traffic builder proxies, ssl and many other things that you set the price on.

    Hope this helps.
     
    czar2178, May 16, 2009 IP