I'm imagining (purely as a thought exercise) a registrar that does literally nothing more than offer domain registrations. DNS provision etc. is left up to the client. Basically just the same as Nominet: you can set the NS but beyond that you have to sort things out. So it would be for people who don't want the hassle/cost of registering with Nominet. Somehow LCN.com seem to manage it when you look at their domain pricing https://www.lcn.com/domain-names/bulk-pricing Perhaps one way would be to require a minimum number of domains under management per customer, e.g. 100. That way, each client brings a useful amount of income, and you're not having to support people with only one or a handful of names. At £1 over Nominet, each client would be worth £100+ a year. So strictly a "bulk domain registrar", not end-user facing. There's still a small gap between sticking with a retail registrar, and going direct to Nominet. And since Nominet charges £100/year for membership, £1 per domain across 100 domains means you wind up in exactly the same situation price-wise.