com domain names will increase by 50 percent until 2029!

On September 1, 2021, Verisign increased the wholesale price it charges for registration and renewal of .com names by approximately 7% to $8.39. He announced that the price will rise to $ 8.97 in September 2022. Pointing out that the increase will continue, Bahaddin Yazıcı, General Manager of Atak Domain, said, “This means a price exceeding $15 by doubling from 2020 to 2030.”

Global domain name registration services and internet infrastructure provider Verisign, which recently announced the figures for 2021, announced that the number of domain names with com and net extensions reached 173.4 million, with an increase of 10.6 million in the last quarter of 2021 alone. Verisign also announced that it will increase the annual wholesale fee from 8.39 to $8.97 for each new and renewed .com domain name registration, effective September 1, 2022. On September 1, 2021, the company had made an increase of nearly 7% as part of new agreements with ICANN, a nonprofit responsible for coordinating domain names.

Domain name price increases will be reflected to the end user

After Verisign increased the fee it charges from registrars for com domain names, from $7.85 to $8.39, an approximate 7% increase, the ICANN fee of 0.18 cents, taxes and profits from domain name registrars will greatly affect domain name prices. Bahaddin Yazıcı, General Manager of Atak Domain, said, “Domain name registrars will also sell by reflecting these hikes to the end user, in order to continue to make profits. Domain owners can take advantage of today’s prices with early renewal. Those who do not want to be affected by price hikes and exchange rate increases can extend their registrations for up to 10 years at today’s price.

Prices will increase by 7% again after remaining stable for 2 years

Providing information on the history of the pricing policy, Bahaddin Yazıcı said, “As part of its new agreements with ICANN, Verisign is allowed to increase the wholesale price for .com domain names by 7% each year in 2020, 2021, 2022 and 2023. After a two-year ‘freeze’, Verisign will be able to raise prices again by 7% per annum during 2026-2029, then freeze for another two years. If this cycle continues like this, within 10 years .com domains will be about 50% more expensive than the current wholesale price of 8.39.

It will exceed $12.5 in its 30th year

Reminding that we met the World Wide Web, known as WWW, in 1999, Atak Domain General Manager Bahaddin Yazıcı said, “The price of the Internet will exceed 12.5 dollars at the age of 30. Since 2003, we have registered more than 350 thousand domain names for more than 50 thousand customers. Atak Domain is one of the most established companies in domain registration in Turkey. “In addition to our ability to offer the best prices for almost any domain extension, we also provide registration of domain names for up to 10 years.”

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