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Originally Posted by Cal813
Well there are a few resellers now, that have accounts which need no deposit. I just got a reseller account and I don't have to deposit any money in to use it. I basically pay the same low fee per a domain name.
It really depends on the company and there are so many upper end registars out there these days.
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Deposit is used towards letting people buy domains from you unless ofcourse you want to manually approve each sale and pay for it then or aren't opening up to the market.
Say if you deposit $100, then you or anyone visiting your reseller site can have domains worth $100 where cost price of domain is what it costs you from the registrar/reseller and selling price is what people pay you to get the domain. Difference is your rpofit. People send you money, which gets credited into your account and lets the buyer get domain instantly by using deposit you had but only for money he sends.
Say they add funds to the tune of $7 then the $7 is sent to you and automatically they can have domain or services worth $7 from you. So, if you were selling domain for $7 but got it for $5, $5 is taken from your deposit and domain provided to the buyer. $2 is the profit you keep.
Irrespective of deposits you make, payment has to be there upfront to let people buy domains from you.
Several Directi resellers offer '0 deposit subreseller accounts' and practically without upfront deposit, people can't buy domains from you automatically. They can place order but every time they do so, they will have to wait for you to add funds in your reseller account and let them have domain. Domain industry thrives on competence and no one would want to wait for say an hour even when they can get same cheap pricing elsewhere and domain instantly.
Thing is unless you are getting it from registry directly, you are in same boat as any other and there would be a competitive pricing always.
