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Verisign will increase the .com price from $7.85 to $8.39

onlinedomain.com

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Re: Verisign will increase the .com price from $7.85 to $8.39

#51

Post by missedthecue »

rovr138 wrote: post #2

The 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…

Suck it out of the world economy? Does Verisign collect their profits and throw it all in a furnace?

Re: Verisign will increase the .com price from $7.85 to $8.39

#52

Post by dec0dedab0de »

According to https://www.usinflationcalculator.com/ $7.85 in 2012 is $9.20 in 2021. So it is cheaper than it was after the last price increase.

They should probably just raise the price every year on a steady schedule to avoid the news.

EDIT: would you work somewhere that could never give you a raise because they are not legally allowed to raise prices?

Re: Verisign will increase the .com price from $7.85 to $8.39

#53

Post by cosmie »

res0nat0r wrote: post #5

That's cheap. And I thought Route53 for $12.99 was cheap already.

That's the wholesale price. When you pay Route53 $12.99, they remit $7.85 to Verisign, who maintains the authoritative registry for the .com TLD.

By jacking up the wholesale rate by 7% (the largest annual increase they're allowed, per their ICANN agreement[1]), every single .com registration and renewal becomes 7% more expensive. Requiring services like Route53 to either pass it through to consumers or eat the cost increase themselves, if they even have the margins to.

[1] https://onlinedomain.com/2020/01/03/domain-name-news/icann-a...

Re: Verisign will increase the .com price from $7.85 to $8.39

#54

Post by mbesto »

tryptophan wrote: post #19

Please note that Verisign has a profit margin of 50%. Ie, 50% of their revenue becomes pure profit. This is an insane level. Apple is at 23%. Facebook at 35%. Profit margins that high only come from rent seeking backed by the full force of the law.

How do you decide what profit margin is acceptable? Is it okay for a company to have 3%? 76%?

Re: Verisign will increase the .com price from $7.85 to $8.39

#55

Post by dsr_ »

domador wrote: post #26

What 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?

It's a database with CRUD operations and some authentication, and a report generator that runs effectively a part-of-all-rows dump every so often.

The size of the database for .com is about 150 million records. At 4KB per record (generous), that's 600MB. It fits n RAM on a laptop you wouldn't consider suitable for using at the office.

Number of transactions other than reports is roughly 1 per year per record plus 10% growth, so about 5 per second.

Re: Verisign will increase the .com price from $7.85 to $8.39

#56

Post by hetspookjee »

rovr138 wrote: post #49
ted0 wrote: post #38

Only 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 de…

Since you’re closer to this and this has been asked in other comments, Is there a reason for doing this besides ‘we can’? Not sure if there’s something we aren’t seeing or aren’t privy to.

To add to that, why can they actually? Why doesn't the EU just start a new .com registry that the rest of the world can actually refer to? I don't have a complete understanding of the TLD world but I can imagine it's much like the AS world with BGP. If the rest of world decides that one registry (Verizon's .com registry) isn't the leading authority, but rather the EU's .com registry for example, is. Than what "can" verizon actually do against it? Sure, the internet would break with namesquatting but atleast it's better than paying a ransom.

Re: Verisign will increase the .com price from $7.85 to $8.39

#57

Post by nceqs3 »

ted0 wrote: post #38

Only 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 de…

Ted, I've used namecheap for years and I love it. One thing though, when I visit namecheap while using a VPN it makes me fill out a cloudflare captcha. Any way to stop that? Considering I have already paid you money, you have my address, name, phone number, etc. it seems a bit ridiculous to ask for a captcha when visiting using a VPN.

Re: Verisign will increase the .com price from $7.85 to $8.39

#58

Post by ted0 »

nceqs3 wrote: post #57
ted0 wrote: post #38

Only 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 de…

Ted, I've used namecheap for years and I love it. One thing though, when I visit namecheap while using a VPN it makes me fill out a cloudflare captcha. Any way to stop that? Considering I have already paid you money, you have my address, name, phone number, etc. it seems a bit ridiculous to ask for a captcha when visiting using a VPN.

Captcha is likely being triggered by Cloudflare. We have heard this feedback in this past and have listened but it's always a tricky balance of fighting abuse/bots and presenting an extra step for the user.

Re: Verisign will increase the .com price from $7.85 to $8.39

#59

Post by tryptophan »

mbesto wrote: post #54
tryptophan wrote: post #19

Please note that Verisign has a profit margin of 50%. Ie, 50% of their revenue becomes pure profit. This is an insane level. Apple is at 23%. Facebook at 35%. Profit margins that high only come from rent seeking backed by the full force of the law.

How do you decide what profit margin is acceptable? Is it okay for a company to have 3%? 76%?

I look at the average, which is about 10% for the sp500.

https://insight.factset.com/sp-500-reporting-net-profit-marg...

Re: Verisign will increase the .com price from $7.85 to $8.39

#60

Post by [deleted] »

mbesto wrote: post #54
tryptophan wrote: post #19

Please note that Verisign has a profit margin of 50%. Ie, 50% of their revenue becomes pure profit. This is an insane level. Apple is at 23%. Facebook at 35%. Profit margins that high only come from rent seeking backed by the full force of the law.

How do you decide what profit margin is acceptable? Is it okay for a company to have 3%? 76%?

[deleted]
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