Who Would Have Thought .Biz Domains Will Cost More Than .Com
In its letter to ICANN today, Neustar the operator of the .Biz registry, notified ICANN that it will be raising the wholesale cost of a .Biz domain name registration or renewal to $8.63 effective September 1, 2013
Once the increase goes into effect the wholesale cost of a .Biz registration will be higher than the wholesale cost of a .Com
Currently the wholesale price of .Biz is exactly the same amount of a .Com $7.85 .
According to the most recent monthly report filed with ICANN, the .Biz registry has 2,336,510 domain names.
The price increase of $.78 will add around $1.8 in additional revenue to Neustar the operator of the .Biz registry.
What effect do you think the price increase will have on the number of .Biz registrations going forward?