I started writing this post thinking of one thing and realized that something else was more important. Look at the conclusion at the end of this post. This blew my mind.
I am sure a lot of people already know this first bit but I thought that I should give a heads up to those that don’t. Some may have seen it happen to their EAP pre-registration orders with Go Daddy. The point is that Go Daddy will NOT refund the EAP fee if your EAP pre-registration fails. But the main problem is different…
You can register a Donuts domain name using the Donuts (Early Access Progam) EAP that is available in registrars that sell Donuts gTLDs. EAP prices start at about $12,500 and are lowered within the course of the week until they reach the regular registration cost after the 7 day period. The EAP wholesale registrar prices are:
$100 (days 5-7)
Go Daddy’s early access prices are at about $12,539.99 for day one, $3,164.99 for day two, $1,239.99 for day three, $689.99 for day four and $189.99 for days five to seven. After day seven the regular registration cost applies. These prices apply to the most of the regular registration fee domains and not the premium ones that are higher.
When you make an EAP pre-registration order with Go Daddy for days 1, 2, 3, 4 or 5 you pay the EAP fee that applies to that particular day plus the regular registration fee. For example if you make the cheapest EAP order for day 5 and pay $189.99 that is $150 for the EAP fee and $39,99 for the regular registration fee. If a different registrar gets this domain and not Go Daddy then Go Daddy will only refund to you the registration fee that is $39,99. So you can kiss the $150 goodbye.
This gets worse the earlier you order so with a day 1 pre-order you risk loosing $12,500.
If you don’t want to risk loosing the EAP fee you can make a different risk and make the EAP registration by hand.
Go Daddy is big enough and doesn’t care if they loose a few customers because of that. If you make the regular registration fee for day 8 this situation here does not apply.
Finally the other option you have is pre-order your domain name to other registrars. But that will only result in increasing your chances of losing the Go Daddy EAP fee!
Hmmm… I just realized that Go Daddy is actually inclined to NOT register your EAP domain name. If they fail they make more money! They get to keep the EAP fee and pay nothing to Donuts. That is not right…
If they miss a day 1 EAP pre-registration they make $12,500.
How do you know that they really tried to get the domain name you wanted if they don’t get it? And what happens if one day their system doesn’t work? Will they make the refunds or just claim that they tried and failed?