Massive renewal fee increases

[Jimmy.com]

Received this email from enom today.

Not so good news if you own one of these for investment purposes. Not even good news for actual businesses owning and using one of these.
It's like your property tax suddenly increasing by 600%

But hopefully if registry's continue in this direction then people will start avoiding some of these gltds altogether and run back to the good old .com

 

[lotk]

Hmmm... I thought the price increases do not affect the last 9 domains in your table but I don't recall ever getting an official statement from uni.

Source:
https://onlinedomain.com/2017/04/03...try-will-offer-price-protection-9-extensions/

 

[Jimmy.com]

Here's what they say in the mail.....

The registry operator, Uniregistry, has announced a number of significant price increases, taking place on September 8th, 2017 (00:00 UTC). Certain TLDs will have moderate price increases, while others will have significant hikes. Renewal prices will differ depending on the type of increase (details below). Despite these changes, we will continue to support all affected TLDs and we recommend that you adjust your end-user prices accordingly. Here’s what you can expect:


The prices for TLDs with significant increases will be grandfathered. This means that domains registered BEFORE September 8th will renew at the original, pre-increase price going forward. Also, you are required to quote the grandfathered renewal price at the time of renewal if you are using the API to initiate the renewal.

 

[creataweb]

 

[Fancy.domains]

I think Uniregistry / Frank might regret this move later on...

Will .hiphop go below 1000 regs next month?! I think it will. 145 buck a year. What a joke.

.Juegos is already in the "below 1000 reg hall of shame". 400 bucks a year?! It's like Monty Python.

 

[bmugford]

This is the opposite of supply & demand.

The prices are going up due to lack of demand. Pretty funny.

Brad

 

[Fancy.domains]

Personally, I think the best move would have been to charge like 8-9 dollars a year, for any of them. Just as .com.

With that said, Schilling is a much more successful businessman than me. Maybe he know what he is doing after all. Time will tell.

 

[904.com]

Here's what they say in the mail.....

The registry operator, Uniregistry, has announced a number of significant price increases, taking place on September 8th, 2017 (00:00 UTC). Certain TLDs will have moderate price increases, while others will have significant hikes. Renewal prices will differ depending on the type of increase (details below). Despite these changes, we will continue to support all affected TLDs and we recommend that you adjust your end-user prices accordingly. Here’s what you can expect:


The prices for TLDs with significant increases will be grandfathered. This means that domains registered BEFORE September 8th will renew at the original, pre-increase price going forward. Also, you are required to quote the grandfathered renewal price at the time of renewal if you are using the API to initiate the renewal.

I just read the comments in the comments section of the OnlineDomain.com link above. There was back and forth about what happens to a grandfathered domain when it is sold. Does the new buyer get the grandfathered renewal cost going forward? It's a great question.

 

[Fancy.domains]

I just read the comments in the comments section of the OnlineDomain.com link above. There was back and forth about what happens to a grandfathered domain when it is sold. Does the new buyer get the grandfathered renewal cost going forward? It's a great question.

Horrible stuff. ICANN should have imposed harsh regulations on this.

But didn't.

 

[siddardha]

This is the opposite of supply & demand.

The prices are going up due to lack of demand. Pretty funny.

Brad

Now the demand will be even lower!

 

[usernamex]

Nice of enom to notify everyone about information that was released months ago LOL

Previous discussions about this issue:

https://www.namepros.com/threads/16-new-tlds-will-get-price-increases-of-up-to-3-000.1005439/

https://www.namepros.com/threads/scam-alert-the-new-gs.1005674/

https://www.namepros.com/threads/godaddy-drops-uniregistrys-gtlds.1006561/

https://www.namepros.com/threads/fr...-new-gtld-price-hike-dnw-podcast-127.1006477/

 

[Fancy.domains]

Now the demand will be even lower!

There will be some TLDs with a few hundred registrants worldwide.

Just a proof that they released FAR TOO MANY crazy extensions. These have caused inflation in the whole industry. Only solid .coms have kept its value.

 

[Kate]

I could understand that end users were unaware and fell for the trap but domainers ?

 

[Fancy.domains]

I could understand that end users were unaware and fell for the trap but domainers ?

I can just speak for myself and I will keep buying new gTLDs (and .coms) as long as I can make a living from it. Fortunately, at this stage, it is just Uniregistry that have made this move, but who knows about the future?

Personally, I think that Donuts will not go the same way, as I think it also will show that it is bad for the registries, but that is speculation and guesses.

 

[mad409]

Show attachment 65401
Received this email from enom today.

Not so good news if you own one of these for investment purposes. Not even good news for actual businesses owning and using one of these.
It's like your property tax suddenly increasing by 600%

But hopefully if registry's continue in this direction then people will start avoiding some of these gltds altogether and run back to the good old .com

You failed to mention how the ones already registered are grandfathered.

http://domainnamewire.com/2017/04/03/uniregistry-backtracks-price-hike-existing-registrations/

 

[-EM-]

=> massive drops!
Good thing they let customers know about price increasing. Most of registers do not, you find out the new price a few day or worse a few hours before the domain expires.

 

[-EM-]

Juegos from $15 to $400? Wtf

 

[Fancy.domains]

Juegos from $15 to $400? Wtf

With about 900 current registrations. Is the aim to go below 3-digits?

 

[Recons.Com]

I don't buy new gtlds for sale, even if I like the combo, because I wouldn't be able to recommend to my end user clients with a straight face to start a business with a name that very little recognition and has a risk of potentially skyrocketed renewals.

 

[Kate]

Juegos from $15 to $400? Wtf

It's all a game and you are the game