.com & .net prices to increase on July 1st

I got this email from Godaddy yesterday.

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

I think what Verisign is doing is just wrong. We don’t need to be like the early 90′s where the domain was very expensive to register. It might not be bad right now but the 7%, and 10% it will just keep going up probably. What do you think about the price hike of the .com and .net domains?

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One Response to “.com & .net prices to increase on July 1st”

  1. Klaus @ TechPatioNo Gravatar on May 4th, 2010 6:51 am

    I don’t really care. I don’t think anybody will suffer from this, not even companies with hundreds of domains. If a company has 500 domains, this means an increase of maybe $500 a year and if you have 500 domains, your business is hopefully big enough so that $500 doesn’t make much of a difference anyway :)
    .-= Klaus @ TechPatio´s last blog ..Apple Sells One Million iPads =-.

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