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Price increase for .com

     
4:49 pm on Nov 3, 2018 (gmt 0)

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Dot-com web addresses prices to swell, thanks to sweetheart deal between Uncle Sam, Verisign

In December 2020 – and for each of the next four years until the contract expires in 2024 – Verisign will be able to increase the price of dot-coms domains by 7 per cent.

[theregister.co.uk...]


In spite of :
The Internet Commerce Association (ICA) wrote to the US government in 2012 arguing that the realities of the domain name market are such that Verisign could – and should – actually reduce the cost of dot-com domains by $2 rather than raise them by $2.


But you know:
In November last year Corwin left his post at ICA after 11 years to become policy counsel for… Verisign.


This comfort me in my strategy to focus on a restricted number of sites I operate ( "only" 5 ), so 5 domain names, that's all, and buying them for 10 years ahead (with little discount). I have friends who went on building thousands of sites, with as many domain names, and therefor each time there is an increase of the price of .com this shrink their profits by big figure.
5:02 pm on Nov 3, 2018 (gmt 0)

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It might be interesting, justpassing, to see their latest budget so we can "appreciate" exactly where the money is going . . and in what amounts. Why don't you hunt that information down and post a link to it and/or a summary?

Sometimes I view the various budgets in the domain space as tilted, significantly, towards travel, dining and social activities . . backed up by a fair bit of bureaucracy that reminds me of the unspoken "full employment for family and friends" policy/practices that I've seen - up close and personally - in the world of politics and politically-connected-hiring-for-government-jobs.

Don't get me wrong. There IS important work to be done. I'm just rarely convinced there's that much work and that we're always getting the best bang for our bucks. In this case, raising domain renewal rates by say $2.00 (over 4 years) is padding things for their future raises . . and increased travel expenses . . at a time when technology and economies of scale should be driving costs down.
11:41 pm on Nov 29, 2018 (gmt 0)

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I noticed Uniregistry has already threatened huge price increases for .com in a recent email and requiring a membership for lower rates.