Epik.com announced today record results in Q2 2016 and its plans for international expansion.
Founded in 2009, the company has achieved steady growth, most recently growing revenues more than 80% in 2015, with continued rapid growth in 2016. Epik, a full-service and all-inclusive registrar and provider of hosting services, is led by Rob Monster, a Seattle-based serial entrepreneur, and the 2005 winner of the Entrepreneur of the Year award in the Pacific Northwest.
“In addition to being a fast-growing provider for the traditional extensions such as .COM since 2011, the company is now the leading registrar for a growing number of the new domain registries, including .CITY, .MENU, .TUBE and .BIBLE, and is the world’s leading provider of domain name leasing services.”
Rob Monster summarized the current state of the domain name industry, “It took Epik several years to build a world class domain name management platform. We believe the market conditions are right for a new leader to emerge for full-service domain registration services. The domain registrar and hosting industry is filled with mediocrity and sub-par customer support. Long-standing industry leaders such as Network Solutions, Moniker, and Register.com are no longer the respected leaders that they once were. Even GoDaddy has yet to become profitable despite having dominant market share. “
One distinguishing feature of Epik is that the company maintains no physical office presence. Staff members from around the world are securely connected to the company’s data centers in Las Vegas, Singapore, Kansas City and London, operating from distributed locations in Europe, Asia and the Americas. The company’s largest client is based in Qatar. While the company’s growth has come mainly from organic development and word of mouth, Epik is now actively exploring acquisition opportunities.
Rob Monster explained the logic of the no-office approach and the outlook for acquisitions. “Our business is 24/7. The notion of physical headquarters in the Digital Age is one that is increasingly outdated. It is people, technology, process and culture that ultimately create the type of customer experience that our clients desire. Rather than commuting daily to an office location, our staff can be instantly productive from any location on any given day. The distributed operating model has set the stage for rapid onboarding of additional staff in new regions of the world.”
“Epik has an industry-leading reputation for legendary customer support. The company’s all-inclusive pricing model features free WHOIS privacy, free domain and email forwarding, and free basic WordPress hosting. The company is also the first to offer the Forever domain renewal – a one-time purchase to outright own a domain name for perpetuity. Epik’s advanced domain management interface also makes it easy to manage domains across all registrars at no additional cost. Advanced analytic and management tools enable owners of large domain name portfolios to easily optimize their holdings. The company also offers its customers the world’s first commission-free domain marketplace, enabling customers to sell or lease domains commission-free and tax-free through patent-pending technology co-invented by Rob Monster.”
“Our Domain Investor Program, along with its special pricing, secure platform and unmatched service has been extremely popular among the domain investor community,” concluded Braden Pollock, a well-known domain investor, entrepreneur and Epik Board Member since 2010.