Reminder: Domain prices go up after June

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Inflation on Internet: 10% Price Increase for .com and .net domains

In case you missed the announcement last year, this is the final reminder that in less than a month time, registration cost for .com and .net domains will increase for 10% at VeriSign.

VeriSign announced that as of July 1, 2010, the registry fee for .com domain names will increase from .86 to .34 and that the registry fee for .net domain names will increase, from .23 to .65.

Ref: href="https://investor.verisign.com/releasedetail.cfm?ReleaseID=431292">https://investor.verisign.com/releasedetail.cfm?ReleaseID=431292

What does this mean to you?

Basically the price-change doesn’t affect much on most webmasters unless you are holding over 1,000 domain names. If so the first thing you should do is, apparently, to renew your expiring domains before July.

The increase is approved by ICANN and in other words this will affect all domain registrars who offer .com and .net registration services. As profit margin is already ultra thin in this field, registrars like GoDaddy will most likely pass on the inflated cost to its end users (aka, you and me!).

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