new gtlds 16 new TLDs will get price increases of up to 3,000%

[Shimmy]

Uniregistry is to massively increase the price of some of its under-performing new gTLDs in an effort to keep them afloat.

Sixteen TLDs from the company’s portfolio of 27 will see price increases of up to 3,000% starting September 8, CEO Frank Schilling confirmed to DI today.

Link to article:
http://domainincite.com/21603-schilling-big-price-increases-needed-to-keep-new-gtlds-alive

 

[.NJ]

 

[bmugford]

 

[betthelot]

I will,make a prediction. Frank will spin this as good for domain investors given time, 5-10 years. It will mean more developed sites more budget for marketing more enduser awareness.
Mark my words the old adage from the nGTLD lovers just give it time.

 

[.NJ]

I will,make a prediction. Frank will spin this as good for domain investors given time, 5-10 years. It will mean more developed sites more budget for marketing more enduser awareness.
Mark my words the old adage from the nGTLD lovers just give it time.

It's been spinned, spun, and squeezed already.

I don't think there is much more juice left.

Outside investors are pulling out, and there is no more bullshit to pull them back.

 

[Rick Ace]

This is a trend that is likely to continue and represent the future of domaining. Soon, you won't have new TLD's springing out without real market potential. In the future, people will say that starting a new TLD is tough and expensive. As for domainers, the succeeding new TLDs will be great game.for us. Invest wisely.

 

[Kate]

Domainers can't say they weren't warned, and they should know better. The real losers are the small end users and the hobbyists who will have to jump ship and move to more affordable and preferably, regulated domain extensions.

Since these are unpopular extensions, the damage in terms of affected parties should be limited. But it's bad publicity. New extensions are going to look even more shady when the 'evictees' start blogging out and loud about their experience.

I will say it again, it's almost as if nGTLD registries were working for us .com holders

 

[urlurl]

is there a list of the affected names?

 

[Traveler]

is there a list of the affected names?

This is a summary from the article:

.hosting (increase to $300/year from $20)
.juegos (increase to $300/year from $10)
.click ($1 to $2 increase per year)
.link ($1 to $2 increase per year)
.audio (increase to around $100/year from $10 to $25 range)
.blackfriday (increase to around $100/year from $10 to $25 range)
.diet (increase to around $100/year from $10 to $25 range)
.flowers (increase to around $100/year from $10 to $25 range)
.hiphop (increase to around $100/year from $10 to $25 range)
.guitars (increase to around $100/year from $10 to $25 range)
.property (increase to around $100/year from $10 to $25 range)
.christmas (will increase but stay in the sub-$100 range)
.help (will increase but stay in the sub-$100 range)
.sexy (will increase but stay in the sub-$100 range)
.tattoo (will increase but stay in the sub-$100 range)

The article mentions sixteen names, but I only see 15 mentioned with the prices increases. I may have missed one.

 

[Traveler]

I will say it again, it's almost as if nGTLD registries were working for us .com holders

I couldn't agree more.

 

[Grego85]

not surprising that its Uniregistry.

 

[GoKaizen]

None of the new gTLDs have pricing caps in place. This was pointed out repeatedly, but ICANN ignored the public input that would have protected domain name registrants.

I thought I would post this response I gave another NamePros's user in regards to some registries dramatically increasing prices.

.CLUB has voluntarily signed a price protection clause with the registrars for the first 5 years which limits to inflation or 15%. We may have been the only one to do it. In addition, we have no intention of raising prices and continue to believe in pricing the names on par or close to .com. We also have a different issue. We have many thousands of businesses but we also have many thousands of blogs and hobby sites. Yes if we raised prices most business would just pay if they have a reasonably successful business, but on the hobby side we would lose a lot of customers who might switch to a cheaper domain. We remain focused on creating and generating a global brand and have raised enough funds to continue to market aggressively with a multi-million dollar budget. I don't believe there is another company who invests more in marketing. I hope that addresses your question.

https://www.namepros.com/posts/6033851/

 

[jmcc]

None of the new gTLDs have pricing caps in place. This was pointed out repeatedly, but ICANN ignored the public input that would have protected domain name registrants.

The more I examine ICANN's role in this, the more I think that the people involved with this program should not have even been paid minimum wage. They failed to realise that a lot of the demand for the new gTLDs was based on an artificial scarcity caused by Domain Tasting and when ICANN was shamed into curtailing Domain Tasting with a restocking fee, it killed a lot of demand for these new gTLDs. Of course ICANN kept heading straight on and screwed up the launch dates of these new gTLDs so badly that the public got swamped and the registries didn't have time to promote their gTLDs. Frank's move makes sense but the registrars are going to get it in the neck over this.

Regards...jmcc

 

[Asfas1000]

Curious, if someone bought 10 domains for $10 / year each and put them on Autorenew, will those renew at $100 each ?

 

[GeorgeK]

Voluntary pricing caps aren't going to cut it, especially when they expire, and given registrants aren't party to the contracts with registry operators.

 

[Traveler]

Curious, if someone bought 10 domains for $10 / year each and put them on Autorenew, will those renew at $100 each ?

Seems like if they renew before September it will be $10 and after it will be $100.

Which tells me, never put them on Autorenew!

 

[Asfas1000]

Seems like if they renew before September it will be $10 and after wit will be $100.

If registrants are not notified ... prepare for a big mess.

 

[Traveler]

If registrants are not notified ... prepare for a big mess.

Yup, September/October will be interesting.

 

[Lite]

Rather Uniregistry can go ahead and sunset all their extensions except .link, .click, .help and .property. I am surprised they are increasing prices for .property which is having decent registrations.

 

[bilbo333]

I am guessing the following are in play for increases as well?

.life
.world

 

[Lite]

I am guessing the following are in play for increases as well?

.life
.world

No way.. imo. Donuts have the best of GTLDs. They already have made profit. One reason I guess Uniregistry decided to increase price is to kill most of their extensions eventually as they are not good names and concentrate more on registrar and market place.

 

[BrandingModel.com]

I think .Club has the right mentality out of all the nGTLDs. They will survive IMO

 

[MapleDots]

I think .Club has the right mentality out of all the nGTLDs. They will survive IMO

Agreed..... until they sell out or merge with Uniregistry.

It's going to be an expensive lesson for a lot of people. Look at regional domains and .coms. Highly regulated and stable pricing. Why the heck would anyone buy a domain name controlled by a private person. Let me build my brand new house on leased land..... NOT

 

[betthelot]

Agreed..... until they sell out or merge with Uniregistry.

It's going to be an expensive lesson for a lot of people. Look at regional domains and .coms. Highly regulated and stable pricing. Why the heck would anyone buy a domain name controlled by a private person. Let me build my brand new house on leased land..... NOT

Good point. All names are legally only rented and the ultimate owner of these new gTLDs are the private registry's whose only concern is to maximise profit like good capitalists. Sell fewer at higher prices, reducing overheads looks like the best way to maximise profit when there is little enduser demand.

 

[BrandingModel.com]

Agreed..... until they sell out or merge with Uniregistry.

It's going to be an expensive lesson for a lot of people. Look at regional domains and .coms. Highly regulated and stable pricing. Why the heck would anyone buy a domain name controlled by a private person. Let me build my brand new house on leased land..... NOT

I agree... I would rather own a house that I know what I'm paying on an annual basis than rent from someone who has the right to increase their rent at any given time to their liking.

.com is consistent as new gTLDs is all over the place with pricing... It's mostly domainers who will be effected as an end user can afford $100 - $1000 PA if they are generating good business? IMO

 

[urlurl]

can't and wont trust any registrar that changes their pricing that drastically

They are just creating uncertainty in the new extension marketplace - they are just shooting themselves in the foot