Tucows is the third largest ICANN-accredited registrar in the world and the company is the largest publicly traded registrar. Tucows was the first competitive registrar to compete seriously with Network Solutions for market share when Tucows began selling domain names for $10 in January, 2000. Up until 2000 Network Solutions was the only registrar and sold domain names for $30 and up. By the end of the first year of competition in domain names sales Network Solutions' market share had fallen from 100% to 52.9%.
In the Quarterly Earnings Call for Tucows' third quarter held on November 6, 2007, President Elliot Noss said that Tucows hadn't been "competitive enough around price" in their wholesale domain name business and announced a substantial price cut in Tucows wholesale domain name services.
On February 7, 2008, Tucows President Elliot Noss disclosed in the Q4 2007 conference call that Domain Registration continues to provide Tucows with a strong base of revenue. Domain Registration "is a great driver of new customer relationships," said Noss. "In 2008, we expect this business to continue to grow and feed into our other businesses. Using IYD as a model, we expect to launch a hosted storefront option that will make us much more attractive with very small resellers looking for simple and easy options for selling Tucows service. We also planned on making fundamental enhancement for the user experience for our customers and their end users alike."
On May 7, 2008 Elliot Noss reported during the Q1 2008 Earnings Call that the price reduction that Tucows had put in place in August, 2007 is having the desired effect. "Renewal transactions are up 18% year-over-year, new transactions from small resellers to whom the price reduction was targeted, are up 15% year on year," said Noss. "This is a very positive turn around for us in this business segment where we had previously been losing business." Noss added that there had also been an increase in the deals won in the quarter and that the domain pipeline is growing. "Our largest competitors in this segment have all moved further away from wholesale to retail, media and corporate services, allowing our focus on this segment to have greater impact and benefit," said Noss.
On July 28, 2008, Tucows announced that they are rebranding their wholesale services and calling it "Open SRS".
In the Quarterly Earnings Call for Tucows' third quarter held on November 6, 2007, President Elliot Noss said that Tucows hadn't been "competitive enough around price" in their wholesale domain name business and announced a substantial price cut in Tucows wholesale domain name services.
On February 7, 2008, Tucows President Elliot Noss disclosed in the Q4 2007 conference call that Domain Registration continues to provide Tucows with a strong base of revenue. Domain Registration "is a great driver of new customer relationships," said Noss. "In 2008, we expect this business to continue to grow and feed into our other businesses. Using IYD as a model, we expect to launch a hosted storefront option that will make us much more attractive with very small resellers looking for simple and easy options for selling Tucows service. We also planned on making fundamental enhancement for the user experience for our customers and their end users alike."
On May 7, 2008 Elliot Noss reported during the Q1 2008 Earnings Call that the price reduction that Tucows had put in place in August, 2007 is having the desired effect. "Renewal transactions are up 18% year-over-year, new transactions from small resellers to whom the price reduction was targeted, are up 15% year on year," said Noss. "This is a very positive turn around for us in this business segment where we had previously been losing business." Noss added that there had also been an increase in the deals won in the quarter and that the domain pipeline is growing. "Our largest competitors in this segment have all moved further away from wholesale to retail, media and corporate services, allowing our focus on this segment to have greater impact and benefit," said Noss.
On July 28, 2008, Tucows announced that they are rebranding their wholesale services and calling it "Open SRS".