Xavier Media®

On July 1st 2010 Verisign, the registry for .COM and .NET Top Level Domains, will increase their prices by 7% for .COM and by 10% for .NET domains. This increase will be passed on to registrars and later also the customers like you and me. The horrible in this price increase is that you as a customer can't do anything since it will effect all registered .NET and .COM domains no matter where you have registered them. So it doesn't matter if you've registered your domains with Godaddy or anyone else, since everyone will have to pay this price increase

What you can do to save a few bucks if you have many domain names is to renew them for one or two years already today. The years you renew for will be added to the time you have left on your domain names, so you don't have to worry that you may lose some time you already got left on your domain names.

If you transfer your domains to eXavier.com before the 1st of July 2010 you only pay $7.49* for a .COM transfer including a year extension to the time you have left on your domain. For .NET the price is $6.14* for transfers before 1st of July.

This price increase done by Verisign is not the first and it's not the last one we're going to see. In 2007 I wrote about this and the weird thing is that they can increase the prices much more than the average inflation meaning that Verisign are allowed to increase their profits without adding any more value to the domain owners. According to the deal they made in 2007 they can increase the prices two more times if they like

* Plus $0.18 ICANN fee per year

About the author
Andreas co-founded Xavier Media® in 1996 and has since been involved in all kinds of development, marketing and making money online.