Go Daddy launched Get Paid today a new mobile payment service that partners with Paypal, Stripe and Dwolla. Tech Crunch covered the launch. These types of products are the ever continuing push to focus on small business and become a player in areas where Go Daddy did not compete prior to Blake Irving becoming CEO.
From the article:
As GoDaddy gears up for a $100 million IPO, the domain and web services company is adding on more features that will help it make more profitable revenues from its 12 million small-business customers. The latest of these puts GoDaddy further into the world of e-commerce.
Today, it is launching “Get Paid,” a new online and mobile payments service created with existing digital payments heavyweights PayPal, Dwolla and Stripe.
Get Paid will let users, most of whom had not been taking payments electronically before, accept credit cards, debit cards, eChecks (ACH) and PayPal transfers, and it will be available first to GoDaddy’s 9 million users in the U.S.
GoDaddy will offer it in three service tiers starting at $4/month and increasing up to $15/month depending on added features like expense tracking, connecting your bank account and other accounting integrations.
Read the full article here
lower domains’ renewal prices may be more appreciated by GoDaddy customers
When it comes to domainers I think you are right, from the small business standpoint $14.99 is not that big of a deal holding one or two domains. Blake Irving has shifted the focus on providing small business tools as a top priority. Investors also know that domain registrations is a very small margin business. They want to hear about other bigger margin products.
When the company goes public I think there will be more pressure on management to deliver on higher margin products and the domain side will not be as prominent.