That's cheap. And I thought Route53 for $12.99 was cheap already.
cloudflare sells without profit
Verisign will increase the .com price from $7.85 to $8.39
31–40 of 134 posts
Re: Verisign will increase the .com price from $7.85 to $8.39
#32How does a company with a monopoly on something like this and a net profit margin of 46% on a billion dollars of annualized revenue justify an increase in an already very high wholesale price?
https://www.nasdaq.com/market-activity/stocks/vrsn/financial...
Re: Verisign will increase the .com price from $7.85 to $8.39
#33The link is not just about the amount, A section, > There are about 152 million domain name registrations .com today so Verisign will make about $82 million more in the next year following the price increase out of thin air. > Verisign will be able to increase the price of .com in the next 3 years as well. > Verisign will suck about $3 billion dollars out of the world economy just by having some powerful friends at I…
The term for this is "rent seeking". https://en.wikipedia.org/wiki/Rent-seeking
Re: Verisign will increase the .com price from $7.85 to $8.39
#34Why does the world allow the USA govern the domain space at all? Some months ago the USA seized the domains used by Iran's IRGC, in addition the .org was almost up for grabs a while back, and now a sudden pricehike of the .com tld.
Obviously the internet has grown way beyond the powers of a relatively tiny non-profit that is ICANN so why not upgrade it into something more proper that is governed worldwide.
Re: Verisign will increase the .com price from $7.85 to $8.39
#35Re: Verisign will increase the .com price from $7.85 to $8.39
#36Capitalism is an economic system in which private individuals capture property, make it private, make it scarce, then charge others to use it, making profit. Profit is theft from society. Stuff like this is the natural conclusion of such a system.
[deleted]
Re: Verisign will increase the .com price from $7.85 to $8.39
#37Capitalism is an economic system in which private individuals capture property, make it private, make it scarce, then charge others to use it, making profit. Profit is theft from society. Stuff like this is the natural conclusion of such a system.
Exactly. Capitalism stifles innovation by taking resources from society and concentrating them into the hands of a few. If society was more equitable and if social safety nets were larger, we would see more people taking chances and innovating. Instead we have a society where people work under the duress of losing food and shelter, not exactly the best way to drive creativity.
- Sent from my iPhone
Re: Verisign will increase the .com price from $7.85 to $8.39
#38Only upvoting this for visibility.
This decision hurts the consumer/registrant in the end, making future registrations and renewal costs less accessible to a lot of markets.
For clarity, this $8.39 amount will become the wholesale cost to the registrar — we of course need to markup on top of that to cover our processing costs, overhead to offer great support, mitigate abuse, etc. Registrars do the heavy lifting in delivering the core user experience — we see none of this margin and the consumer does not see any incremental value from this hike by the registry.
Namecheap stands against removing price caps and allowing these incremental price hikes that only hurt the consumer.
-Ted from Namecheap
Re: Verisign will increase the .com price from $7.85 to $8.39
#39When Network Solutions had a monopoly these were $100/2 years, later falling to $70/2 years. At this pace it will be a long, long time before we are back up to the bad old days.
I remember mailing a check to Network Solutions to pay for a domain name registration.
And I remember _faxing_ a letter on company letterhead signed by the CFO to prove that we were actually the entity we said we were. How the tables have turned...
Re: Verisign will increase the .com price from $7.85 to $8.39
#40What is the real yearly cost of managing each .com domain? To put it differently, what would be the profit margin for a .com registry maintainer that operated at reasonable efficiency (which might or might not reflect Verisign's own efficiency)? A related question: what would be the base, fixed costs for running a reasonably efficient .com registry and what would be the additional per-domain costs?
Servers to register and get money.
DNS server.
ICANN fee per domain (of which about 10% is spent on running ICANN servers, rest is other stuff)
So less than $1 I'd bet