NameSilo

Stop the Price Increase of .com

Labeled as information in Domain Industry News started by pablohc86, Sep 26, 2018.

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  1. Daniel Owens

    Daniel Owens Upgraded Member Gold Account VIP

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    "Under the terms of the original 2012 agreement, .com prices could have been as high as $10.26 today had Verisign taken advantage of their price increases." - circleid
    That would be crazy if .com went that high, I mean they almost did that in past so no saying whether it'd get that high this time. We, have seen .org and .net go up by about $2 each in last 3 years, as a result we've seen tons of drops. Although, people are less likely to drop .com's because of price increase portfolios of .com especially investors would take a huge hit and the bargain bin on namepros would fill up like crazy with good deals (most likely)!
     
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  2. Daniel Owens

    Daniel Owens Upgraded Member Gold Account VIP

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    Just to be safe a couple of my domains .com that have 2019 expiration's I just added 2 years to.
     
  3. Daniel Owens

    Daniel Owens Upgraded Member Gold Account VIP

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    Is, anyone aware of any .org or .net price increases coming?
     
  4. Daniel Owens

    Daniel Owens Upgraded Member Gold Account VIP

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    Dang, I didnt notice until now that namesilo charged $8.99 to renew .com's so a bit more then the $8.47 I pay at godaddy. Privacy at NS is nice for free at least instead of $8 extra. Both, are amazing registers.
    I would like to hear if anyone knows about .net or .org prices increases...
    Also, does anyone here know if the price increase would raise .com's at registers to over $10?
     
  5. alcy

    alcy Active Member VIP

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    jmo but I don't think anything will happen to .com price any time soon.

    but it is interesting question someone menbtioned here before.. ie:

    what is roughly the % of coms owned by domainers vs nondomainers.

    any guesses? its obviously not 50/50.
     
  6. DomainBoxio

    DomainBoxio domainbox.io Gold Account VIP

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    Gathering signatures for a petition to a business not to raise prices is dumb. You are handing the company which stands to gain from the price increase free no-labor-required market research. Each unique/legitimate signature is just proving demand for their good/service.

    I will not claim to be an expert of economics, but the one thing I remember from school is that demand and supply are the primary force influencing the cost of goods and services. So, I would recommend to ignore the unsolicited email and behave casually in the face of the potential price increase. A collective indifference to any change would likely yield more favorable results to consumers, and could possibly even force the registry to consider lowering costs-due to the growing popularity and usage of new gTLDs.

    Certainly, the worst course of action-for keeping prices the same or lower-is gathering free market research reports and hand-delivering them to the provider.
     
  7. Galaxy Traveller

    Galaxy Traveller Established Member

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    True, I am one of them. I even drop premium keyword ngtld due to high renewal.
     
    Last edited: Oct 3, 2018
  8. Kamila_ICA

    Kamila_ICA Member ICA ICA Member VIP

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    Thanks to everyone who's already signed the petition and to Bodis and other companies for sharing it with their customers.

    Due to the dominance of .com, Verisign has no real competitive pressure on their pricing. In 2012 U.S. government stepped in to cap Verisign's prices but prior to that, Verisign's contract permitted it to raise prices 7% annually in most years. With the cooperative agreement expiring this November, Verisign will likely seek an unjustified price increase (effectively costing domain name owners hundred's of millions of dollars over time) unless NTIA steps in again.

    To bring awareness to the issue, we (The Internet Commerce Association) launched a website and petition directed at NTIA. If you have any stake in domain names and haven't yet, I suggest you take a look at both. We believe it's crucial for domain name owners to be informed of the situation and to know, there's something they can do about it. If you agree, please sign and share petition!

    If you'd like more information, you can contact me directly, visit our website or read the national press release.

    https://www.change.org/p/david-redl-stop-verisign-from-raising-com-pricing
     
  9. Daniel Owens

    Daniel Owens Upgraded Member Gold Account VIP

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    @Kamila_ICA
    I've given my best guess on what the price increase could be. Do you have any solid theories and/or facts that would give us an idea what the new .com price could be? Would it go up at least 7% all at once if this goes through?
     
  10. Kamila_ICA

    Kamila_ICA Member ICA ICA Member VIP

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    There is precedent for 7% increase in 4 out of six years previously, but it's not really possible to guess how high it could go.
     
  11. Ategy.com

    Ategy.com NameCult.com Gold Account VIP

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    Like I already said .. I'm pretty sure this statement is wrong! When was the last increase? As far as I know the wholesale price Verisign sells .com's to registrars has never changed .. and particularly not in the last 6 years?

     
  12. Daniel Owens

    Daniel Owens Upgraded Member Gold Account VIP

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    By comparison, the wholesale price of a .com domain is $7.85. That price is set in conjunction with the U.S. Department of Commerce, and Verisign can’t increase it without facing an additional cost burden and getting approval from the Department of Commerce. It’s possible that the implementation of thick whois in .com could be an impetus for a price increase. However, thick whois might be delayed due to European privacy issues. - July 2017
    HOWEVER, since the contract is up all bets may be off but sounds like they don't have a huge history of increasing .com prices. They did increase .net prices though, "increasing the price of .net domain names by 10% on February 1, 2018. " So, yeah in past so who's is to say .com is not at risk of price increase (with contract ending)?
     
  13. Daniel Owens

    Daniel Owens Upgraded Member Gold Account VIP

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    The only good thing is most registers only make less then 50 cents on selling .com's so we would only be paying the difference of price increase, which would be more, and help fund the registry however, domain registers would likely not make any more with a registry price increase for .com.
     
  14. Ategy.com

    Ategy.com NameCult.com Gold Account VIP

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    Upon doing a little more digging .. it seems there were some 7% increases in the past prior to a 2012 price freeze set by the US government. While I'm sure Verisign wants and will likely request an increase .. their profit margins are so huge I really couldn't see how the government could justify allowing this and see no reason for the government to unfreeze pricing.

    All that said .. technically and legally .. I'm not sure if the price freeze is even tied to the likely extension .. seems to me like a price freeze would continue after renewal and the only reason people are getting antsy about all this is because the contract renewal is a natural opportunity for Verisign to request an increase .. but I just don't see how they could ever realistically be given that authorisation?
     
  15. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    But if Icann did their job (regulate the industry), we wouldn't have to call upon NTIA in the first place.
     
  16. address

    address Established Member

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    domain registration should be free like as username on twitter Instagram etc..
     
  17. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    Because you think 'free' services are free ?
     
  18. Daniel Owens

    Daniel Owens Upgraded Member Gold Account VIP

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    Nothing for nothing I think, in a world where domains were free (I think they were in the 80's when internet barely existed - symbolics was first domain). I suspect we would be required to have ads on our parked domains and ads on the website where 100% went to registry. Either, that or they would harvest and sell our info more then they already do now.
    I am waiting though to see on the topic the price increase however, so far it seems a mystery for most peeps.
     
  19. address

    address Established Member

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    Yep users are the product
     
  20. eternaldomains

    eternaldomains New Member

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    @Kamila_ICA and @matt_bodis

    Since you're both here, may I request that you make an equally important petition to ICANN not to force domainers to wait 60 days before they can sell newly registered domains? This new-reg lock with no opt out option seems to be nothing more than a huge discrimination policy against (especially poorer/newbie) domainers, using security as an excuse when the lock triggered after transferring to a different registrar is already more than enough to stop whatever hack/theft from going further than 1 registrar.

    Right now, new domainers trying to sell their newly registered domains can never sell anywhere at all unless it's registered at GoDaddy (apparently, due to them being well known and therefore buyers apparently don't mind making a new account there, so is ICANN trying to indirectly promote GoDaddy???)

    Marketplaces like Branddo now refuse to accept new domains, and even if new domains are accepted in BB and BP and etc, can they get sold if there's a buyer within the 60-day period? Afternic Premium and Sedo MLS cannot be activated. Outbound selling is also affected. And as for brokers, I don't know how they deal with this. It's extremely ridiculous to be forced to wait for 2 whole months before new domainers are able to sell anything or be forced to buy only premium domains when they are just starting out.

    I hope you will consider making and sharing this petition.
     
  21. nydomain

    nydomain Established Member

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    Signed. Thx for you work, and let's keep this going
     
  22. jdk

    jdk Active Member VIP ★★★★★★★★★★

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    Buy a domain, wait the 60 days, and transfer to GD if you do not want to register it there. If a buyer wants a domain, registering for a free account at another registrar won't turn them away. They can then transfer to GD themselves after the 60 days is up.
     
  23. larryscott2559

    larryscott2559 Established Member

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    I actually hope they do increase it. Too many domainers and too many domain names are taken and its a black death to the world wide web. Its like having a huge luxury parking lot filled with cars nobody owns.
     
    Last edited: Oct 19, 2018 at 11:46 PM
  24. Daniel Owens

    Daniel Owens Upgraded Member Gold Account VIP

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    What we need is fair .com pricing (should lower $1 from $8.xx to $7) which helps drive up the market and increase domain sales prices. however, a price increase is more likely then decrease. But, point is the higher the prices the less likely people will buy them.
     
  25. larryscott2559

    larryscott2559 Established Member

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    ...and the more likely the domainer will drop the domain. Thats the idea.
     
    Last edited: Oct 19, 2018 at 11:51 PM

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