Namecheap has rebranded
namecheap.com
namecheap.com
Anything is better then "The Internet Needs People. To tell stories, open stores and share what matters." Talk about going full-retard. Or full-Oprah.
The Internet needs registrars that publish their prices.
Ok, I found the pricing page. You have to scroll down to the bottom.
You know who buys those comparatively expensive high-margin services? SMB owners and people planning to be one. Suffice it to say that Oprah is slightly more well-known than (pick a tech personage) in that demographic.
This is also why GoDaddy brands with supermodels rather than with "You'll love our automated tools to assist with SSL renewals." (Which, FWIW, are pretty good.)
P.S. Fun fact about GAAP revenue recognition which Bob Parsons hates with a burning passion: Suppose I spend $1,000 on domain purchases or renewals this year. How much revenue does GoDaddy book? Answer: $200 or so, because I renew for 5 years at a time, and they can only book a prorated amount of the $1k per day. The remaining $800 sits on their balance sheet as a liability. If they spend the corresponding cash prior to 2018, as an accounting matter, it looks like they are in debt to Kalzumeus Software. This is crazy to me as an operator, because I cannot ask for that money back and because I know that the carrying cost of my business to them is so close to zero as to be unmeasurable, but it makes the business look artificially over leveraged.
So yes, booking it as debt GoDaddy owes you which they pay down in services actually does make sense. It's extremely low risk debt, but debt nonetheless.
(I think the company can opt to pay out their 4 months of leave over the course of 4 months to smooth cash flow issues, but I'm not sure of this.)
That is while staff with large leave balances look bad, they don't effect the profitability of the organisation.
If anything, that should look good: "we owe $X to employees at 0bps interest and we have $X in the bank at 40bps."
But they are in debt, they are in debt with their customers. What would be crazy is to recognise a 5 year service commitment as 1 year. This is no different from how the NYT, The Economist, National Geographic... account for the yearly subs. http://www.fasb.org/revenue_recognition.shtml
Imagine that GoDaddy is acquired by another company, and this other company wants to pivot GoDaddy's business into only hosting. The new owners need to recognise that there is cash in the balance sheet from domain registration services, a service that is yet to be offered. It could even be the case that that cash from domain registrations is no longer in the balance sheet, but has already been distributed as a dividend. If GoDaddy stops providing a service it has committed to, they have to pay back customers. Plain and simple. That to me is a liability, but it is not financial "leverage" or debt as you imply. This liability is noted as "Prepaid revenues" and hence not recognised as financial debt a.k.a leverage.
We're the company that most people go to because there aren't any upsells.
see you soon? ;)
http://images1.bingocardcreator.com/blog-images/hn/i-found-y...
Steps to reproduce:
1) Go to Namecheap.com
2) Enter any arbitrary string in the central search box. I used "patio11testregistration." Trigger the search.
3) A list of domains pops up. The .com was available (fancy that) so I clicked Add To Cart then View Cart.
4) The screenshotted web page pops up. I reduced to 50% screen resolution to get it all on one page, and cropped to only show the central column, then added the green/red highlighting and my comments. It is otherwise unedited and had no user input applied to it.
This is the worst redesign I've seen in a long time but has a really well redesigned logo. Sorry. Looks like they're trying to fit their content in one of those Generic Fad Layout Templates you find on ThemeForest. The LOGO is awesome though.
● Registering a domain is now harder. Before I could select a dropdown menu and see all the TLD options. Now I can't.
● Did you know that NameCheap sells .es domains? Guess how many screens you have to click through to find that out.
● Did you know NameCheap .coms are only $10 while other sites sell them for $14. Because this design doesn't tell you anything.
● I have to scroll so much to get so little. White space is good in moderation but this is just overdone. There's so little content and so much white space and meaningless grey elements and slideshows and giant icons that it makes the site look sterile.
● There's a slideshow with only 2 slides, one of them talking about Web Hosting (to sell web hosting plans), the other about Security (to sell ssl certificates). No other data. No other info. How many people do you think are going to click the second slide and find out that NameCheap sells really cheap ssl certificates.
● Lots of garbage information is taking up space.
● Less functional than the previous design.
● Some of the worst copywrite I've seen. "The internet needs people" and "Getting your site online is easier than you think."
● It tries to advertise NameCheap (poorly) and what it does (poorly) rather than letting me do it. Look, you guys won, I'm already ON your site. Stop selling your "image" to me and start selling your products and services.
Hopefully when their sales drop they'll revert to the previous layout and work off of that.
Once I did the backend is completely the same :-/. That's not terrible, but it looks incredibly awkward next to the new design.
By "rebrand" I thought they were changing name, etc - but it seems like the whole thing is less clear.
It seems they took the old client area and just plopped it into an iframe. :(
So it does make sense for domain companies to market themselves as sellers of an online presence, instead of a sub-$10 domain name.
But having said that, the website seems a tad... boilerplate. I thought that big companies were done with rebranding to a Web 2.0 esque corporate web design?
Also the footer is 865 pixels tall on my 1920x1080p screen - does it really need to be that big?
I don't mean to be too critical - I do support the change to selling a 'story' instead of a domain name. But the design just seems... outdated?
It's a tremendous undertaking and we appreciate your feedback :)
However, regarding the landing page, I think the teal background for the customer quotes negatively affects readability and the text seems to big. Perhaps displaying one quote at time, within a slider, would be more appealing.
"I'm looking for a construction company, anyone know a good one.", "Oh yeah I use Cheap Construction Co. they're great!"... "Yeah no thanks."
They're honestly worth checking out, if anything else http://www.escalatehosting.com/special/645199
We do appreciate the feedback though while we build out the interface even further!
or
2. Enjoy having less businesses do business with you
That the transition was seemless and, well, cheap, was an added bonus.
:( I need to stop thinking pivots.
Now things look out of place.
They haven't rethemed the manage pages yet, looks hilariously out of place x)