The wholesale cost to register, transfer, and renew .Com domain names will increase(again) by 7% on September 1, 2022, from $8.39 to $8.97 ($9.13 with an ICANN fee of $0.18). And the Domain Registrars will add their markup to cover payment processing fees, technology, other overhead, and profits. Finally, you can't pay $9.13 for a .Com – It surely should be higher than that. So, how can you save money from the change in the prices of .com at this time and in the future? Let's address this together!
.COM Domain Prices Will Increase Every Year
That is not new news. I just wanted to highlight this again. Due to an ICANN decision in 2020 (ICANN is a non-profit organization responsible for coordinating domain names with the US government and worldwide) allows Verisign (the owner of .COM TLD) to increase the wholesale price of .com domain names by 7% every year for four years, with a two-year break, indefinitely.
That means:
- Verisign can increase .com domain wholesale prices by 7% each year in 2020, 2021, 2022, and 2023
- Then, freeze the prices in the two years (2024-2025)
- Then, increase prices again by 7% annually in 2026-2029
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⇒ After the two-year period, the cycle begins again, indefinitely.
Let's see, the wholesale price of the .com domain in ranges from 2020 to 2029 would be like this:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|
| .COM Fee | $7.85 | $8.40 | $8.99 | $9.62 | $10.29 | $10.29 | $10.29 | $11.01 | $11.78 | $12.61 | $13.49 |
If the cycle does not change, the wholesale prices for .com will hike over 70% from 2019 to 2029, increasing from $7.85 to $13.49 (+5.64). It still does not include the profits and extra fees at the registrars, and the final cost would be assuredly higher.
Now, the question is, how can you protect your money from changes in domain prices? And how do you save your money on your domain names?
The Best Ways To Save Money On .Com Domains
You could try some valuable tips below to reduce the impact of price increases on .com domains from the registrars and save money.
Transfer your .Com domains to low-cost registrars
Most domain investors choose this way to save their renewal costs. It's simple to find a good domain transfer promotion on the market. Let's google for the key ‘.com domain transfer sale/deal/promotion/coupon‘; you will see a lot of results, but please ensure to choose only the famous and trusted registrars on top of the line for your names.
Here is the list of domain registrars we want to suggest:
In addition, you can also find a good transfer promo at the top popular registrars in our Domain Transfer Coupon list.
Renew your .com for several years
If you own .com domains, it's time to renew them for as many years as you can. The fact that renewal prices will continue to rise and rise, so if you have domains expiring next month and don't want them to leave out the current registrars, you should renew them now to save money. Some registrars still offer renewal codes for you to save even more, including Godaddy promo code for renewals, Namecheap renewal coupon, Namesilo renewal promo code, etc.
Register domains for several years in advance
If you are going to register a new .com domain, register it for as many years as possible. Most popular registrars, such as GoDaddy, NameCheap, NameSilo, Epik, or Porkbun, allow you to register your .com for up to 10 years, which locks in the price for that period.
This way helps you lock your domain names at today's prices, and you no longer need to worry about price changes in the future.
Use Cloudflare Registrar
This registrar gives you a .com at wholesale costs (no markup), and currently, they charge you $9.15/year for a .com. Check Cloudflare Domain Prices for more.
Join the Discount Domain Club
Some domain registrars offer the Discount Domain Club program to their customers. The benefits of these programs are that you can get domain names at prices lower than the general users, but it's not often a free service.
Depending on the registrars, they may require you to pay an annual fee, pre-deposit some money to your account balance, spend over xxx dollars, or have at least xxx domains with them in order to join the Discount Domain program. After entering the program, you will get discounted prices on the registration, renewal, and transfer of domain names, including .com .net and others.
Here are some of them:
These are some of the best ways I've known so far, and if you know any others, feel free to share them in the comment form.
I hope this helps.
Have a nice day, Guys 🙂
