Domain price hike – .COM / .NET to become costlier by 7 to 10%
Godaddy Inc, the biggest domain registrar of the world is increasing the price of .COM by 7% and .NET by 10%. In an email notification to the users, GoDaddy CEO wrote,
Dear Choto Cheeta,
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.
Sincerely,
Bob Parsons
CEO and Founder
GoDaddy.com
So if you have a domain to renew soon, go ahead and do it now, otherwise from July 1st, get ready to pay more for it.
Rituraj on May 12th, 2010
Hi Dear
It was earlier being said that domain price will hike by 20 -25 in two years while I am seeing low growth rate rather expecting.
So Its not the shocking moment to hear this rate hike in domain name.