VeriSign Increases .com and .net fees what does it mean for us

[Miguelmateos]

Hi I just wanted to ask everyone to read this article that I just posted I am not trying to spam the board but I think it is real important for webmasters to unite against the price hikes as we all did against the .xxx domain names

please read the article here
http://forums.squek.com/domain-news/...ke.html#post25

And post your thoughts here maybe I have got it all wrong if so let me know if not we need to do something about it

[sicone]

Is that a link to another forum?

The registrars can charge whatever they feel like just like you have a choice of where you register your domains. If you dont want to pay the price they charge, use a different company.

[V_RocKs]

Ummm.. buy from someone with lower prices then?

[wizhard]

I think this will only be a problem for the wannabees in the industry that buy and register far more names than they sell

[Enema]

You don't buy domains from Verisign.

Verisign is the Central Registry and sets the pricing for individual Registrars. Which has now been raised about $2 per domain.

I expect that cost will filter down to the customer across all Registrars.

Probably not a big deal except for huge portfolio owners that vett their renewal of domains based on an earnings minimum.

[Miguelmateos]

ok the first few guys who answered here I guess you don't relize there is no where you can register domains that will be cheaper then VeriSign considering all registers that sell .com and .net have to pay VeriSign so for you that think you can just switch registers like that and the price will go down you are wrong all registers that are on the lower end of the pricing scale will be raising there prices inline with VeriSign since they have to pay VeriSign for thouse domains

please read the article and if you do not understand what VeriSign is or what this means for all domainers and webmasters alike I would suggest not saying anything at all. this will effect allmost everyone except the bigger players and with millions to spend and I am guessing there is allot less millionaire here then regular folk again if I am wrong let me know

[jact]

Got a link to VeriSign's announcement instead of some very poorly written post on another forum?

[GAMEFINEST]

bastards......

[Nasty]

The official announcement, the sky isnt falling


News & Events
VeriSign Announces Increase in .Com/.Net Domain Name Fees

MOUNTAIN VIEW, CA ? April 5, 2007 ? VeriSign, Inc. (NASDAQ: VRSN), the leading provider of digital infrastructure for the networked world, today announced, effective Oct. 15, 2007, an increase in registry domain name fees for .com and .net, per its agreements with ICANN.

VeriSign announced that as of Oct. 15, 2007, the registry fee for .com domain names will increase from $6.00 to $6.42 and that the registry fee for .net domain names will increase, from $3.50 to $3.85. This will be the first registry fee increase for .com and .net since the fee structure was put in place by ICANN in 1999.

the rest of the release

http://www.verisign.com/press_releas...ge_041054.html

[GatorB]

If you can't afford the extra 42 cents I suggest applying for that job at Burger King.

[GatorB]

Originally Posted by V_RocKs

Ummm.. buy from someone with lower prices then?

You're kind of retarded aren't you?

[Tempest]

What does verisign actually do that justifies them getting $6+ for every domain?

[Miguelmateos]

Read the article .42 is the wholesale price hike not the end ussers price hike and ICANN has approved VeriSign the ability to raise the .com and .net price by 7% per year for 10 years so do the math if it is not fought or at least met with some resistance now then in 10 years we could be paying alot more for domains then we are now

and it is not if I can afford .42 per domain , or if I can afford $20 to $30 or more a year in the future per domain . the question is why should we pay more and how it can hurt current .com and .net owners. and just how much are you willing to pay before you say its enough

if you only got 1-2 domains I am sure it won't affect you much so who cares right, however there are alot of webmasters here with 50, 100, 500 or more domains that it will effect after 1000 or so domains you probably won't mind the price hike you might even like it becuase there will be more opportunities for the guys with the money to buy and hold

[GatorB]

Originally Posted by Miguelmateos

Read the article .42 is the wholesale price hike not the end ussers price hike and ICANN has approved VeriSign the ability to raise the .com and .net price by 7% per year for 10 years so do the math if it is not fought or at least met with some resistance now then in 10 years we could be paying alot more for domains then we are now

First of all it's 7% between now and 2012 and only 4 out of those 6 years unless certain conditions are met.

"VeriSign's guaranteed price increases came about as the result of a lawsuit filed by VeriSign against ICANN after the Site Finder flap in 2003, during which ICANN ordered VeriSign to halt a service that redirected expired or nonexistent .com and .net domains to the company's Web site. The settlement permits the 7 percent price increases for any four years of the agreement's six-year term. In addition, VeriSign would have a presumptive right to have its monopoly renewed after the agreement expires in 2012. "

Even if it is raised 7% a year that's a total of $3 between now and 2012. Can't afford $3?

and it is not if I can afford .42 per domain , or if I can afford $20 to $30 or more a year in the future per domain . the question is why should we pay more

Um they haven't increased fees since 1999. Show me anything that hasn't increased in price in the last 8 years. You want to avoid the increase renew your domains for the maximum amount of years your registar allows before the fees increase goes into effect.

[bdld]

looks like it's about $150 more per year for my renewals.

[Webby]

Originally Posted by Tempest

What does verisign actually do that justifies them getting $6+ for every domain?

Not a lot my man

Tho they paid out to buy all these "rights" and still got staff/rent to pay - so suppose they felt confident enough to be bold and talk about increasing prices.

[marzzo]

ex-ICANN Board member says .COM costs $0.14
April 6th, 2007 by Jay Westerdal

.... Karl Auerbach, a former ICANN board member, he told Name Intelligence that Verisign spends less then 14 cents to maintain a domain name in its registry. VeriSign hasn?t complained about the load on the .COM registry due to Domain Tasting, which it currently allows.

Domain Tasting is a practice where currently 97.6% of domains are never paid for but go through the whole DNS life cycle in only five days. The 2.4% of domains that are kept need to bare the whole registry cost. With a wholesale price of $6.00, the average cost to run the registry must be under 14 cents per domain or Verisign would be loosing money and crying to ICANN about Domain Tasters.

These calculations come as a huge shock after the announcement by Verisign that they will raise rates 42 cents per domain.

continued...

[teksonline]

yup, no doubt it cost nothing to verisign. verislime is the last people we need in charge here... fucking joke of a company

[teksonline]

is it really true that .net domains are only paying $3.50?
so thats where the registrars are making their money....

[GatorB]

[QUOTE=marzzo;12220614] The 2.4% of domains that are kept need to bare the whole registry cost. QUOTE]

I think that's the important part.

[GatorB]

Originally Posted by teksonline

yup, no doubt it cost nothing to verisign. verislime is the last people we need in charge here... fucking joke of a company

Yep everything is free to them. If you were in Verisign's place you'd give all the domains out for free, because you're philanthropic like that.

[sarettah]

Originally Posted by Miguelmateos

Read the article .42 is the wholesale price hike not the end ussers price hike and ICANN has approved VeriSign the ability to raise the .com and .net price by 7% per year for 10 years so do the math if it is not fought or at least met with some resistance now then in 10 years we could be paying alot more for domains then we are now

and it is not if I can afford .42 per domain , or if I can afford $20 to $30 or more a year in the future per domain . the question is why should we pay more and how it can hurt current .com and .net owners. and just how much are you willing to pay before you say its enough

if you only got 1-2 domains I am sure it won't affect you much so who cares right, however there are alot of webmasters here with 50, 100, 500 or more domains that it will effect after 1000 or so domains you probably won't mind the price hike you might even like it becuase there will be more opportunities for the guys with the money to buy and hold

Ok, even if it was 7% per year for 10 years (which it isn't as someone has already pointed out)

Using the current profit percentage that godaddy is using (they are charging $8.95 right now which is just short of a 50% markup) at the end of that 10 years the wholesale price on a .com would be 12.63 and a godaddy buyer would pay 18.82/domain

That is far short of $20-30 more per domain unless you have somewhere that you are getting your domains for free from.

A company does have a right to make a profit, ya know?