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I'm curious Edwin, how does the proposed £20 annual fee affect your business model? I assume you either need to dramatically improve your sales rate, or dramatically increase your end prices (which may of course decrease your sales rate, depending upon domains' price elasticity).
I only ask as you have been very forthright regarding your model before, by all means tell me to mind my own business.
I don't see it as being an issue. I expect the increase in sales will offset the extra fees. Though as I mentioned above we will probably pare down our portfolio a little and get rid of the "outliers".