events Upcoming Price Hikes for .Com - Voice Your Opinion!

[simran.net]

Got an email from my registrar today.
Whats your opinion / action ?
____________________________________________

Dear Customer,

The organizations which oversee .com pricing, ICANN and Verisign, are considering a plan to dramatically increase the cost of owning domain names.

If adopted, the price you pay for .COM domain names could increase 30% over the next 4 years, and even more thereafter.

If you oppose paying more to register and renew domain names, it is important that you share your opinion now during the public comment period, which ends soon.

Two easy ways to make sure your voice is heard are:

1. The Internet Commerce Association has made submitting comments easy at https://www.internetcommerce.org/comment-com/
2. Send an email directly to [email protected] with your thoughts on prices being raised.

If we act now, we can steer ICANN away from these unjustified price hikes. Thank you for your attention to this very urgent matter.

Regards,

______________________________________________________________

 

[Kai W.]

They want to choke off the liquid domain, and their approach will undoubtedly have a negative butterfly effect in the Internet industry.

 

[Kai W.]

1. The Internet Commerce Association has made submitting comments easy at https://www.internetcommerce.org/comment-com/

______________________________________________________________

The body cant write anything,Do you do the same?

 

[Samer]

actually 28% hike (7% *4) where gettin 30%?

We dont dont know what happens thereafter

could cheaper, if Icann com contract to tender

 

[Kai W.]

actually 28% hike (7% *4) where gettin 30%?

We dont dont know what happens thereafter

could cheaper, if Icann com contract to tender

It is important to remove price restrictions, not specific numbers. The number can be changed, but once the restriction is lifted, it is equivalent to turning on Pandora.

 

[Namesolve]

greediness of ICANN and versign will make the internet world more costly!

 

[guillon]

This is good news for new gTLDs

 

[Bob Hawkes]

actually 28% hike (7% *4) where gettin 30%?

We dont dont know what happens thereafter

could cheaper, if Icann com contract to tender

When you compound the four successive 7% pa increases it is about 31%.
I.e. 1.07*1.07*1.07*1.07

 

[HotKey]

Why do we scream foul with price hikes, and call them unjustified? Any business has to keep up with the cost of living, the domains are no exception. We have been lucky, actually. 10 bucks or less, for a name that we invest in or use to represent ourselves in return for unlimited potential.

This is good news for new gTLDs

New gTLD pricing belong in a different universe.. I still don't comprehend the strategy behind most of it. At least the legacy TLDs have been fairly consistent.

 

[Samer]

This is good news for new gTLDs

30% over 4,
is worse than +3000% 1 shot gTLDs lol

Samer

 

[Steven McEvoy]

Their will def be a lot of drops.

 

[Kai W.]

Why do we scream foul with price hikes, and call them unjustified? Any business has to keep up with the cost of living, the domains are no exception. We have been lucky, actually. 10 bucks or less, for a name that we invest in or use to represent ourselves in return for unlimited potential.


New gTLD pricing belong in a different universe.. I still don't comprehend the strategy behind most of it. At least the legacy TLDs have been fairly consistent.

They are decision-making bodies, not for-profit organizations. If ICANN considers financial balance, why not consider increasing the price of leased IP addresses?Be aware that the real opponent of the domain is not the new TLD, but the APP. The APP's listing fee was left to Google. IMO

 

[Atone]

This may have been mentioned before If you go to Namebio they have a questionnaire you can fill out about your thoughts on the possible .com price rises . Cheers.

 

[Michael]

Show attachment 144058
The body cant write anything,Do you do the same?

The selections you make on the form generate an email body for you. Then when you click the button it opens an email in your default email program with the to/subject/body already filled out. From there you can edit the body of the email as you see fit, and send it off to ICANN.

Why do we scream foul with price hikes, and call them unjustified? Any business has to keep up with the cost of living, the domains are no exception. We have been lucky, actually. 10 bucks or less, for a name that we invest in or use to represent ourselves in return for unlimited potential.

New gTLD pricing belong in a different universe.. I still don't comprehend the strategy behind most of it. At least the legacy TLDs have been fairly consistent.

Nice try Verisign

In all seriousness though, that's not how technology works. Their infrastructure becomes cheaper over time, server prices go down as hardware becomes more affordable. But there's no incentive to pass these savings onto the consumer because ICANN gave Verisign a monopoly, so they just enjoy higher margins.

There are also economies of scale. To give an extreme example, let's say the .com zone only had one domain registered. It might cost them a million dollars per domain to run the registry. With 100,000 domains in the zone, it might cost them $15 per domain. And so on down to just a couple of bucks. The more domains that are registered, the cheaper it should get on a per domain basis. The .com zone keeps growing, but they keep charging more on a per-domain basis instead of less. Again... that monopoly coming into play.

Both of these savings far outpace inflation and would allow them to become more and more profitable over time without raising prices, heck they could even lower them and still have higher margins than the year before. But there's no reason to do that because ICANN is terrible at its job. So instead Verisign has one of the highest profit margins of any publicly traded company on the planet. Great for their shareholders, bad for everyone else.

And they're going to be allowed to increase by more than 3x the rate of inflation.

This may have been mentioned before If you go to Namebio they have a questionnaire you can fill out about your thoughts on the possible .com price rises . Cheers.

That's not our form, it's just a message linking to the ICA tool to help raise awareness. It's not a questionnaire though, it's a form to make it easy for you to submit your comment to ICANN.