Cost of renewing or registering a .biz domain name will increase later this year.
Neustar (NYSE: NSR) will hike the wholesale cost of .biz domain name registrations 10% this fall.
Michele Neylon of Blacknight reported about the increase announcement today.
The wholesale cost will increase from $7.85 to $8.63, an increase of $.78, effective September 1.
Public Interest Registry recently announced plans to increase the wholesale cost of a .org registration to $8.25.
While the wholesale price of a .com is now fixed for the next six years, many other registry providers have contract provisions that allow steep annual increases.
It makes sense for these registries to raise their prices the maximum possible. They’ve already built sizable registration bases, and extra churn from a 10% price increase isn’t as big as the revenue boost they get.
It will be interesting to see if this model changes after new TLDs — many of which will offer significantly lower registry fees — are released.
I guess they saw their names dropping like flies. .us is a blood bath as well, same with .info as renewals go back to regular price from$.49 registrations, yes it was that cheap.
On a side note many keyword . Nets are being dropped very aggressively as well.
.tv .me , and on a weaker note .co have taken the momentum.
All roads lead to .com eventually
I guess they saw their names dropping like flies.
To be fair to Neulevel I don’t think there has been a significant drop in the total number of .biz registrations since the end of 2003.
The total number of registrations leveled off in 2008 to 2010, but they have been steadily increasing 2011, 2012 and so far in 2013.
.biz names are not being renewed, You can buy single world .biz domains for less than $100, terms like loans, insurance, 3l’s etc…
.biz is dead RIP
M. Menius says
“You can buy single world .biz domains for less than $100, terms like loans, insurance …”
That is a false statement. Weird comment.