RE:RE:My Case for 1.00/share in the next 12 – 18 Months…Short Answer no, the money is not made in this business selling domains, the big money is made selling high margin ancillaries services on top of the domains which NameSilo is just rolling out now.
GoDaddy spends 100s of millions a years in advertisinng to get domains in the door when you look at NameSilo with essentially no zero advertisnig yet they added 125k domains in June and already 15k in the first 4 days of July and the rebate program also helps NameSilo as they grow aggresively.
The big guys refuse to match NameSilo on price as a result the big players continue to bleed domains and NameSilo keep picking them up.
The big operating leverage comes in the next couple Qs as ancillaries start to hit the income statement.
BUCKLE UP
That was a very good question to ask though, Watch ARPD the couple Qs as it should start to inflect up.