.COM .NET .BIZ Price Hike
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Wednesday, 11th January, 2012
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08:37am
After the revised contract was signed between Verisign and ICANN to maintain and manage the .COM registry in 2006, the price for the most popular TLD in the world has increased by $1.35. Come January 15th, 2012, .COM prices will rise once again from $7.52 to $8.03 for every year of registration and renewal, making it a rise of $1.86 or 31% over four years.
With this contract, Verisign has the authority to increase .COM prices by 7% every year with a 6 month notice to its Registrars. Furthermore, a similar contract signed in June this year for .NET allows for a rise of 10%.
These price increases also mean that every Registrar, including us, will be forced to increase our prices, given the razor thin and sometimes unjustifiable margins we work with.
While not increasing prices at all isnt a viable option for us, we decided to evaluate options where we could improve operational efficiency, cut costs and pass on a smaller percentage of the hike to you.
Thus, with this price hike well be increasing the price of .COM and .NET Domains as follows:
.COM - Renewal and Registration - Rs 1200/-
.NET - Renewal and Registration - Rs 1200/-
.BIZ Renewal and Registration - Rs 1200/-
In other note, we are working with LK Domain Registry to bring .COM.LK and .ORG.LK Price down. Therefor we should be able to give you better price for the Local Domain Names. We will keep you posted once we recevied the revised price for the local domains.
