The recent fuel hike would have resulted rises in prices in quite a number of sectors. The impact would be the increase of transportation fee, food and other commodities and also followed by the increase in labor cost etc. The domain registry for .com domain names (as well as .net and others), Verisign, also has taken this opportunity to adjust its price, a rise of 7%. So the whole sale price for a .com domain name now has raised from from $6/year to $6.42/year. Leaving those registras (companies that register sell domain names to end users) having only little margin to play. It’s expected that there would be same amount rise in selling price of domain names by these registras.
Currently, there are roughly 65 million .com domain names registered worldwide. The rise of 7% will also make Verisign to pocket at least $27 million dollars more per year. Verisign would probably take further action into a renegotiated contract with ICANN, to continue to raise wholesale prices 7%/year.
April 6th, 2007 at 4:19 pm
Makes you wonder how registrars like 1&1 make money… they offer domains at $5.99 including privacy. That isn’t just a first year price either.
April 7th, 2007 at 12:09 am
Haha which means they’re losing money ??? Or they buy in bulk fr Verisign, which could be cheaper ?
May 1st, 2009 at 1:06 pm
Hello I am just looking around many different websites that offer domain names. Well this is rediculous on how many people out there charge you for so many items that don’t need to be bought and still get the same quality as the paid for sites. I have found out that all you need to really pay out is max $10 year and no more for any product on domain names. And you can get free hosting, website design programs, free personalized emails, free blog account, and free online picture site. ALL WITH A $10 PAYMENT. So don’t waste your time on paying anymore for what you need unless you are running a huge website. And still it shouldn’t cost more than $89.00 Year. By the way if the Blog owner lets me post this I have settled down with http://www.rnrstuff.net. But there are other like this site here that seem real nice. But Beware the Domain BIZ is still very young and it is still got alot of growing so get it while its young.