The .COM Price Is Rising

Like everything else in cyberspace, the pricing of domain registration is also getting higher. With that said, since the .com domain is a preferred choice of various domain owners, Owners with the .com domain know that this extension is not going anywhere. So, they always hold it for a little longer. This has resulted in a price rise of the .com domain.

Why is the price rising so steadily?

There are a couple of reasons for the rise in prices. The first is, since .com is in high demand, Verisign, a global domain registry provider, has made a deal with ICANN to increase the price after 9 years. The last time it was done was in the year 2012. The deal states that Verisign is allowed to increase the price of the .com domain by a total of 7% every year from 2021 to 2023.

After this, there will be a two-year “freeze” in price rise. This will be followed by another three-four years of price increase (again 7% each) followed by another two years of “freeze”. This cycle will continue for the next ten years.

Sounds like a lot of Math?! Simply put, in ten years, the price of a .com domain is expected to increase by 70%.

So, If you wish to book a .com domain, go for a reliable marketplace and get a .com domain without further ado.

ALSO READ: THINGS TO KNOW BEFORE BUYING EXPIRED DOMAINS FOR BUSINESS

iNET Marketplace is where your domains are sold/bought in a hassle-free way

With iNET Domains Marketplace, there is No initial fee. You can Offer your domain for an auction price. We are here to assist you with your offer. You can experience Hassle-free listing like never before. List your domain and find the potential buyers at a rate you find perfect for your budget. Once you both agree on the price, you can close the deal. At the marketplace, you can easily find a buyer. You can find Buyers by listing your domains much like a marketplace auction. The buyers will come to your domain and you can then negotiate.

At iNET Domains Marketplace, the entire process from start to finish is super easy. Get in touch with an iNET domain expert and register at the marketplace for a smooth transfer of domain today!

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Domain names are registered via The Internet Corporation for Assigned Names and Numbers ICANN. So, the management of these domains’ rests with the ICANN. It deals with assigning IP addresses.

iNET Systems offer a place to buy your favorite domains. With iNET, you can boost your business with industry-leading services at reasonable prices. If you wish to have a domain registered or sell an unused business domain? Feel free to contact an iNET expert today.

DID YOU FIND THIS INTERESTING? WHY NOT READ: WHY REGISTERING THE RIGHT TOP-LEVEL DOMAIN IS ESSENTIAL FOR BUSINESS?

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Once the application has passed all the phases, the next step is to sign the nTLD agreement. There are two types of fee that needs to be paid: a fixed fee (US$6,250 per calendar quarter) and a one-time transaction fee that is US$0.25

iNET Systems offers a domain marketplace to let you buy your favorite TLDs. You can also become a seller and resell your unused domains. Do you wish to have a domain registered or sell an unused business domain? Feel free to contact an iNET expert today.

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Initially, only 12 gTLDs were available but later ICANN policy was changed and they introduced new gTLDs like. oracle, .google, .abbott etc. At the time of this writing, there are more than 1200 different types of gTLDs.

iNET Systems provides a domains marketplace to get your favorite TLDs at good rates. Do you wish to have a domain registered? Talk to an iNET expert today.

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Why do I need a domain?

In order to have a digital identity, businesses need a website to showcase their services. If you are planning for a business or a blog, domain is the first thing you need to get your hands on. Domain name registration is being carried out in huge numbers. An estimated 56500+ domains were registered in 2020 alone. People register domains with ICANN as we speak. You can use the ICANN registration data lookup tool to know about registration data for domain names.

How much does a domain cost?

Domain costs depend on the provider of the domain. TLD’s or Top level domains cost more. .com domains are most professional looking and are even modern devices friendly (.com button is built in-to the phones these days!) A good domain can cost around $14.99 / year. A lot of entrepreneurs consider their domain name as their digital asset. Thus, investing in this asset is beneficial in the longer run.

How to register the domain?

Before buying the domain, you need to search for a domain name. If the domain you are looking for is available, you can buy it directly. However, if it is not, you need to perform a Domain name search. You also need to decide which TLD to go for country-specific TLDs or generic Top-level domains.

Once you have chosen which domain to buy, you need to find a domain name registrar. A domain name registrar provides services of domain name registration to users. A lot of domain name registrars are present and offering services in the online market. You can even go and find a domain in a domain marketplace. If you like to take any domain for a price, you can buy it from the seller directly.

To register a domain, you must perform the following steps:

• Register on the website

You need to have your account before you register a domain

• Select your plan

Many providers have plans like basic, Plus, Prime

• Review package information

Providers offer package services like Site Backup, Security Find, Search Engine jump start etc.

• Check Domain add-ons

Depending upon the type of your domain, you can add domain add ons like Shopping cart, Google suite with customized email etc.

• Review Billing and Payment methods

Now you can choose a suitable payment method and proceed with buying the domain.

ALSO READ: BUYING AND SELLING DOMAIN NAMES – A GUIDE TO MAKE MONEY WITH DOMAINS

Can I Buy a Domain permanently?

No, it is not possible. All domains on the internet have to be renewed on a yearly basis. In case your domain has expired, it can be bought by any other person on the web. However, most domain providers ask you to buy a domain or renew it in a grace period. If you wish to renew your domain, you can do so, otherwise, you will lose control over your domain. You can verify your ownership of that domain by contacting the provider. Verification of ownership is a process where you make sure you still own the site.

iNET Systems offer a reliable domain registration service. Register your domain with iNET Systems today for a smooth domain handling experience.

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