Subject: Advisory: Notice of Fee Change
March 27, 2008
VIA Email and Express Delivery
Re: Notice of Fee Change
To All Registrars,
VeriSign, Inc. and it’s wholly owned subsidiaries (”VNDS”) is hereby notifying all registrars of a fee change for .com and/or .net domain names effective October 1, 2008. In accordance with our contract, ICANN has already been notified. Details as follows:
1. VNDS’ fee for each annual increment of a new and renewal .com domain name registration and for each transfer of a .com domain name registration from one ICANN-accredited registrar to another will be US $6.86, exclusive of any ICANN Variable Registry-Level Fee (as defined in the .com Registry Agreement) or any other ICANN fee; and
2. VNDS’ fee for each annual increment of a new and renewal .net domain name registration and for each transfer of a .net domain name registration from one ICANN-accredited registrar to another will be US $4.23, exclusive of any ICANN Variable Registry-Level Fee (as defined in the .net Registry Agreement) or any other ICANN fee.
Except for the above-described fee changes, all other terms of the relevant agreements (.com and .net Registry Agreements and Registry-Registrar Agreements) remain unchanged.
Please contact Customer Affairs Office at cao@verisign-grs.com if you have specific questions regarding this notice.
Best regards,
PJ Bolanos
Vice President, Customer Support
VeriSign, Inc.
info@verisign-grs.com
Expect another price increase to come 2009, 2010, and 2011, and 2012. I believe it was all part of their arrangement with ICANN last year which the domain industry did not do enough to stand against, and now paying dearly.
Sahar
ICANN was heavily in bed with them when they approved the yearly increases. I believe even if we had better opposition it would have in all likelihood been pushed thru by ICANN anyway.
This is a good reason to trim portfolios and limit new registrations (which I am actively doing). Can you inagine how big your renewal fees will be in 2012!
Sahar -
I think you are right about the price increases being in the last agreement between Verisign and ICAAN. I think that there were five or six price increases built into the contract.
Perhaps we should invest in Verisign rather than domains
Steve
But you are only being asked to pay in Fed IOUs.
Its not like they are charging real money is it?
As I see it, the biggest problem we face is all global incomes are priced in dollars. It time that all commodities, including Traffic, were priced in hard currency.
Sahar -
This post started me thinking (I know that’s an amazing concept) about what percent of a domainer’s results (revenue/profit/cash flow) come from what percent of their domains.
Does Pareto’s (widely misunderstood) Principle apply to domains? Do most domainers see 80% of their results from 20% of their domains?
Pareto’s Principle is a comparison of two items (originally wealth in Italy) so you could get 80% of your revenue from 30% of your domains or 80% of your revenue from 10% of your domains.
With costs going up, it wouldn’t hurt for a lot of domainers to spend some time studying the results that they are getting from their domains and tracking them to see which are providing the bulk of their revenue. The analytics provided by a program like dnZoom can make this process much easier. It is important to consider the purchase price of each domain and the associated renewal costs.