60 Days To Renew Your Domains Ahead of Price Hikes

.Com prices jump 7% in January.

Time is running out if you want to save money (or not spend more) on your .com and .net domain name renewals.

VeriSign’s price hikes on its wholesale cost for the domains goes into effect January 15. The wholesale cost from VeriSign for .com domain names will increase from $7.34 to $7.85 and the registry fee for .net domain names will increase from $4.65 to $5.11.

That doesn’t include ICANN’s 18 cent tax, which bumps the .com price up to over $8.00.

If you have a portfolio of 5,000 .com domain names then the extra renewal cost will be $2,550.

It won’t give you a heart attack on a bill of nearly $40,000, but it’s much more than you would have paid five years ago ahead of all of these 7% price hikes began.

I just renewed the bulk of my .com and .net domains that expire next year at GoDaddy. As an added bonus, if you use cash accounting and renew ahead of the end of the year then you can deduct your costs from this year’s income.

Price increases in other extensions are also on their way.