If you like DNray Forum, you can support it by - BTC: bc1qppjcl3c2cyjazy6lepmrv3fh6ke9mxs7zpfky0 , TRC20 and more...

 

How to renew domains cheaper?

Started by Kralj187, Sep 09, 2022, 10:06 AM

Previous topic - Next topic

Kralj187Topic starter

Could someone clarify the type of divorce I'm experiencing: a year ago, I purchased a group of international domain names from a specific registrar. This year, the cost to renew these domains increased by 10 times the initial registration price without any prior warning or notice. Despite my search efforts, I am still unable to find information on the website regarding this price hike.

Given the significant increase in renewal fees, it is not financially feasible for me to renew approximately 30 domain names at such exorbitant costs. Are there any alternative ways to extend these domains at a more affordable rate?

  •  

kosmon

I experienced something similar before when the price for renewing a domain doubled unexpectedly. At the time of purchase, the renewal price was clearly indicated, but I was later told that the cost increase was due to currency fluctuations. Ultimately, it was not worth it for me to renew at such a high cost and I abandoned the domain.

The hype around making money from domain names has died down significantly, resulting in fewer mass registrations and poor sales of new domains. As a result, registrars and resellers are coming up with new ways to generate income. Offering low or zero registration fees with high renewal costs is no longer groundbreaking. Moreover, there's a tendency now to bundle useless paid services with domain name recovery, which can be an unnecessary burden on the customer.

It's important for individuals interested in buying and holding domain names to stay informed about pricing trends and potential hidden costs to avoid costly surprises.
  •  

webwrappedup

You can find the information about domain transfer and extension prices at https://tld-list.com/tld/info. The transfer starts at $12 with an extension for one year, while subsequent years are subject to different prices.

Another service provider, namesilo.com, charges $13.49 for domain transfer and $15.79 for extensions after the first year.

Initially, I used godaddy.com for domain registration due to their attractive prices and frequent discount coupons. However, over time, their prices for extensions have increased significantly, and their tech support is challenging to contact. As a result, I transferred all my domains to namecheap.com, which offers much more affordable costs.

It's essential to stay informed about domain registration and extension prices and compare different service providers before making a decision to ensure the best value for money.
  •  

AdahTrudy

To address the significant increase in renewal fees for your international domain names, the first step is to conduct a thorough evaluation of each domain's individual performance and potential. This includes analyzing factors such as the domains' traffic, revenue generation, keyword relevance, and market demand. By assessing the value and potential of each domain, you can strategically prioritize which ones to focus on renewing at the increased cost and which ones may be more suitable for alternative actions.

One alternative approach to consider is exploring the possibility of transferring your domain names to a different registrar that offers more competitive renewal rates. Research and compare various registrars to identify one that aligns with your long-term financial strategy and offers transparent and reasonable renewal pricing. It's important to engage with the new registrar's customer support to fully understand the transfer process, associated costs, and any potential impact on the domains' accessibility and settings during the transition.

In parallel, it may be beneficial to evaluate the potential resale value of some domain names within your portfolio. Conduct in-depth market research to identify potential buyers who may be interested in acquiring your domains at a fair market price. Leveraging domain marketplaces, industry forums, and social media platforms can help increase visibility and attract potential buyers. Selling some domains at a reasonable price could help offset the increased renewal expenses and align your portfolio with your financial objectives.

Engaging with your current registrar to express your concerns regarding the sudden spike in renewal fees is also a viable option. Registering a formal inquiry or negotiation regarding the renewal rates for a bulk renewal of international domain names might result in a favorable resolution, especially if the registrar values your ongoing business and investment portfolio.
It's crucial to cultivate and maintain relationships within the industry. Networking with other domain investors, participating in industry events, and seeking advice from domain industry experts can provide valuable insights and potential solutions to navigate the challenging situation you are facing.
  •  


If you like DNray forum, you can support it by - BTC: bc1qppjcl3c2cyjazy6lepmrv3fh6ke9mxs7zpfky0 , TRC20 and more...