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Domain Name Prices Are Increasing Again!


Domain Name PricesLast week I received an email from my Account Executive at my primary domain registrar and the email announced domain name prices are increasing. On January 15th, 2012, the price of .com by 7% and .net domains by 10%. I’ve been aware of the contract between ICANN and Verisign for the past 4yrs, but I never researched it in detail.

What I found was Verisign signed a 6yr contract with ICANN stating they can increase the cost of .com and .net domains in any 4yrs of the agreement.

Here’s the official verbiage:

“(ii) for each calendar year beginning with 1 January 2007, the smaller of the preceding year’s Maximum Price or the highest price charged during the preceding year, multiplied by 1.07; provided, however, that such increases shall only be permitted in four years of any six year term of the Agreement.”

This morning I received a similar email from another registrar as well. This weekend I’m setting aside a few hours to sort through my portfolio to renew in bulk to avoid the domain name price increase.

What I recommend doing is dividing your portfolio into short-term, mid-term and long-term holds. Renew all of your premium domains for 5 or 10yrs. Renew your short term domains for a year or two.

When dealing in bulk every penny counts. A small figure like 7% could easily amount to an increase of $60, $600 or $6000 per year depending on the size of your portfolio. Do yourself a favor and lock in the savings while you can.

By Nima Jacob Nojoumi
By Nima Jacob Nojoumi
Die hard entrepreneur, startup adviser, world traveler, blogger, inbound marketing addict and evangelist of the American Dream. Helping people is my passion, business is my vehicle.
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Showing 2 comments

  • Sana Ahmed

    Thanks Nima!  I just purchased a few more domains and this good info to know!

  • Bennet

    TOO bad, happened before i got this info.Guess next time.
    Could have renewed my domains.

    Guys i have this auction going on flippa

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