October's Verisign price increase

[raman_rb]

I wonder how R1 would deal with planned by Verisign price increase for .com & .net domains?

It is 7% increase.

What our final price would be?

[Catalyst]

There is no Verisign here... ;-)

[aventureben]

http://www.infoworld.com/article/07/04/05/HNverisigntoincreasefees_1.html

If verisign are putting the base price up from $6.00 to $6.42, everyone's prices will have to go up in some way or another too. I'm sure it'll be announced closer to the time... but earlier the better really.

[Jeff]

Wow - how in the world do they justify a 7% price increase?

Edit: I suppose it sort of makes sense: more web traffic means more queries to the root servers for each domain. On the other hand, it seems like they get a ton of money when you compare the amount R1 makes per domain to the amount Verisign makes per domain. I wonder what it would take for a new company to compete to maintain the .com and .net registries at a lower cost?

[aventureben]

Hmm, only the .com domains are going up to $6.42.

I never realised before (never thought about it), but .net domains don't cost so much. That's going up from $3.50 to $3.85.

And to top it all off, for the verisign contract, there can be 4 increases of 7% on the 6 year contract.


http://www.theregister.co.uk/2007/04/06/icann_verisign_domain_prices/

Although domain registration fees for the industry as a whole are on the downswing, the deal with Verisign provided for increases of seven per cent in four of any six years of the agreement. However, the deal also provides that in any year when the seven per cent rate increase clause is not exercised, under Section 7.3(d) of the contract Verisign will still be able to raise its prices by seven per cent that year if any of several contingencies are met, such as a “threat of attack on the Security or Stability of the DNS.”

One of the more controversial clauses in the contract, Section 4.2, also provided for default renewal of the .com contract with Verisign, unless a court or arbitrator rules that Verisign is in material breach of the contract.


:confused:

I suppose only time will tell.

[Domains_Aamir]

I wonder how R1 would deal with planned by Verisign price increase for .com & .net domains?

It is 7% increase.

What our final price would be?

Currently I haven't heard anything from management on it, but I'll communicate the desire to know well ahead of time what the increase will be for R1.

Thanks!

Aamir Abdullah
Reseller Services Supervisor
aabdullah@theplanet.com

Direct: 713-444-1502
Fax: 713-942-9332
Main: 713-333-7873
www.theplanet.com

[Jeff]

Maybe we sould all add 10 years to all our .com's now to boycott verisign's price increases :)

[Domains_Aamir]

Sounds like a plan to me!

Thanks,

Aamir A

[yurtesen]

Maybe we sould all add 10 years to all our .com's now to boycott verisign's price increases :)

Thats a good idea :) I should make some promotion to my customers so they can register as many domains as possible until the increase. :)

Aamir, it would really nice to know what will be the price few months before october if you will make any price changes.

[Domains_Aamir]

Thats a good idea :) I should make some promotion to my customers so they can register as many domains as possible until the increase. :)

Aamir, it would really nice to know what will be the price few months before october if you will make any price changes.


I promise I'm working on getting that information to you guys as soon as I can. I've let the appropriate groups know that I would like to see that information passed to our resellers as early as possible of course, and I'm hoping that it will come no later than 3 months in advance, so we're shooting for mid-July.

I cannot say with certainty, but I'm guessing we'll raise prices to at least reflect the new price structure.

I'll keep you updated.

Thanks,

Aamir Abdullah
Reseller Services Supervisor
aabdullah@theplanet.com

[Domains_Aamir]

BTW,

"I should make some promotion to my customers so they can register as many domains as possible until the increase. "
- Yurtesen

That is also a wonderful idea.

Thanks!

[sadiqbd]

As I know the current verisign Registry fees is $6.00 for .com and you charge us $6.49 ... wow its a great value for us... But what about .net?
current verisign registry fees is $3.50 for .net and you charge us same as .com $6.49 i mean u charge us $2.99 more than registry fees where u charge us $0.49 more than registry fees for .com
Can`t ResellOne Reduce the price for .net and .info?

[yurtesen]

As I know the current verisign Registry fees is $6.00 for .com and you charge us $6.49 ... wow its a great value for us... But what about .net?
current verisign registry fees is $3.50 for .net and you charge us same as .com $6.49 i mean u charge us $2.99 more than registry fees where u charge us $0.49 more than registry fees for .com
Can`t ResellOne Reduce the price for .net and .info?

Most places sell .com/.net/.org/.info/.biz/.us same price. It is common practice as most registrar resellers do not know how much ICANN/Verisign charge the registrar so good trick to earn more money by registrars. I sell them all the same price myself, it is good for me also as I can give unified prices. OK I make less profits and ResellOne is making more profits but I can live with that. I would rather pay little bit more to ResellOne and hope to get better service in return :)

For example eNom, 2nd largest registrar according to webhosting.info
http://www.webhosting.info/registrars/fastest-growing-registrars/global/?ob=tdomains&oo=desc

Their cheapest pricing is $6.95/year. If eNom is selling so many domains with higher prices, I wouldnt lower my prices if I was in the management of ResellOne. :)

Thanks,
Evren

[Jeff]

Could be an interesting niche if a registrar could offer .net's for $4.45 and still make a dollar per domain... bet they could quickly register a huge number of .net domains.

Their cheapest pricing is $6.95/year. If eNom is selling so many domains with higher prices, I wouldnt lower my prices if I was in the management of ResellOne.
There might be some advantage to quantity / size. If there is flexibly to lower the cost of .net to corner the market, either through tucows or through the planet's own icann accreditation, there is the possibly they could become the largest registrar for .nets - if they register 10x as many making $1 of profit vs. $2 of profit, it's a win-win (R1+us a resellers.) And since this is a side business vs. enom who needs the profit, they might be able to corner this niche without breaking a sweat! Just thinking out loud, but you sometimes get ahead by setting a trend vs. just following the mainstream. (of course, other times it's easier to make a comfortable profit just doing what everyone else is doing too a tiny bit better, cheaper, or different too.)

[sunpost]

Bumpity bump bump bump

[yurtesen]

ResellOne can never become a large registrar for any domain type as long as they cant even process credit cards automatically.

[sunpost]

An automated credit card system would be a good start. Unfortunately, I don't believe that ResellOne is a high priority for TP.

[yurtesen]

Yeah well, how can they grow if we cant even give them money :)

[aventureben]

Yeah well, how can they grow if we cant even give them money :)

good point ;) the whole manual credit thing gets quite annoying actually after a while

while in the topic, any updates about the price change?

[yurtesen]

No I received no answers then gave up on asking., I guess once for a change the slowness of resellone will be our advantage if they forget to increase their prices and sell at at loss :)

Thanks,
Evren

[aventureben]

if they forget to increase their prices and sell at at loss :)


haha we can only hope! have any other registrars released what they're going to do? most likely everyone will follow the same idea

[sunpost]

ha ha. the one thing that there is no lack of oversight is taking the money.

I would not mind paying 10% more to get rid of that feeling that one day they are going to RegisterFly us.

No I received no answers then gave up on asking., I guess once for a change the slowness of resellone will be our advantage if they forget to increase their prices and sell at at loss :)

[aventureben]

any update on this? It's september now

[Resellone-Eddie P]

Yes, there is going to be a price change, however nothing has been hammered down yet on all of the price changes as of yet. Currently Aamir and I have been pushing for an increase that coincides only with the amount that the registries are increasing their prices by. As past events have dictated we usually are able to persuade changes to made made in favor of the suggestions we make, however everything still needs to be signed off on by upper management and as most of you already know this is a slow process at best.

[sunpost]

thanx for the reply Resellone-Eddie P and I look forward to a follow-up once you get more information regarding the price increase. It is good to see some activity on the forum from the RS1 team.

[Jeff]

As I know the current verisign Registry fees is $6.00 for .com and you charge us $6.49 ... wow its a great value for us... But what about .net?
current verisign registry fees is $3.50 for .net and you charge us same as .com $6.49 i mean u charge us $2.99 more than registry fees where u charge us $0.49 more than registry fees for .com
Can`t ResellOne Reduce the price for .net and .info?
With this in mind, will the October verisign price hike affect all TLD pricing at Resellone, or only .com pricing?

[yurtesen]

I wouldnt mind if others change also. I honestly think that would be a good thing even. eNom made a 50cent/year price increase. Perhaps ResellOne can go up to $6.95 or match eNom by using $7.45/year. Perhaps then ResellOne can give better support when they make some money and it would make sure that they wont go bankrupt all of a sudden :)

But with this working speed, we will probably enjoy low prices for a long time :)

[Jeff]

I'll be honest - if ResellOne is the same price as eNOM, I would be tempted to go with eNOM because they offer more features and a long track record. However, if ResellOne remains a few cents cheaper than eNOM I will stay here and happy as ResellOne has been quite good to date for the wonderful price.

[yurtesen]

Then $6.95 is a good price... Then it would have the exact same increase as eNom had and yet be cheaper than eNom.

Jeff, but the problem is, if because of those 50 cents they decide to shutdown resellone, then we would have much bigger problems :) I would rather have domains with same price as eNom but save my investment at the same time.

[Resellone-Eddie P]

RS1 prices going to be increasing but while the registries are making their price increase in the middle of October we are allowing the prices to remain set at $6.49 until October 31. After that the domain prices are tentatively set to be increasing to the level of $6.72 until the end of the year. The pricing rate at the end of October through the end of the year are subject to change and the pricing rate for the new year has not yet been finalized.

We hope to have something a bit more solid then that for you within the next few weeks.

On a side note. I would like to reassure you that there are no plans at this time to shut down the Resellone project. We have worked very hard to keep the project afloat and maintain viability of the overall project, and while the past year has not been without it's bumps in the road we have made significant internal improvements which has actually managed to bring the entire project to a much more stable position within the company.

[sunpost]

thanx for the pricing update and your confidence that RS1 will remain open for business.

[Jeff]

Does anyone know if ResellOne makes a higher profit on .net, .org, or .info domains than on .com domains? Or does that profit due to the wholesale cost difference all go to tucows?

[Jeff]

Also very glad to hear that ResellOne is planning to be here to stay. It's a valuable tool for server owners who don't want virtual hosting customers registering domains at godaddy or dotster or 1&1 where they'll be lured over to cheap hosting to steal the customers away :)

[SheenoDof]

Anything Rogers offers will see a price increase. Maybe we could just make a pending thread and remove plans/options once their prices increase.

[Dordhs]

Hi
just wondered if anyone knew if Disney increase the price of this years tickets at all, we go in october will probably buy tickets in september but if i knew the price was going to increase Id buy them sooner.thanks for your help