I just received an email from GoDaddy, the world’s largest domain registrar, and the email announced a price increase for .com and .net domain registrations. As of July 1, 2010, the price of .com domain names will increase 7%, while the price of .net domain names will increase by 10%. The email cited VeriSign’s price increase as the reason.
I am sure that other registrars will send similar emails to their customers, so keep this in mind if you want to renew and/or extend the length of your domain registrations prior to the price increase.
A 7% increase may not seem like a lot of money, but if you have a portfolio of 1,000 names at Godaddy and pay the full price of $10.69, a 7% increase means you will pay $11.44 per name, an increase of $750 for your entire portfolio.
Here’s the email that was just sent by Godaddy:
On July 1, 2010, VeriSign ®, the registry for .COM and .NET, will increase prices – .COM will go up 7%, and .NET by 10%.
The increase will be passed to registrars like Go Daddy and then, unfortunately, to consumers like you.
As of July 1, we will be forced to raise registration and renewal* prices for these two popular top-level domains.
If you wish to avoid this price increase, you can renew your domain names by June 30 and add another year to your current expiration dates. You have the option to register or renew for multiple years and lock in long-term savings. Of course, should you have any questions, please give us a call at 1-480-505-8821.
Thanks as always for being a Go Daddy customer.