Yahoo Increases Annual Domain Renewal Price by 30%

[NewsMan]

When the rest of the domain industry increases prices by 10% because Verisign announced an overall price increase for .com domains, most of us understood the reasoning and accepted the price hike reluctantly. But when Yahoo! recently announced in March that the annual renewal price for a domain is increasing from $9.95 to $12.95 a year, a whopping 30% increase, we weren’t quite sure why such an increase was warranted?!
Unfortunately this increase is effective only for those of us who had been loyal customers and need to renew our domains year after year; not for new registrations which typically benefit from reduced rates. If you look on the Yahoo Small Business site, there is no mention of the price being jacked up by 30%, and why should this be listed? That would only scare people away and that is something Melbourne IT, the registrar behind Yahoo! Domains, wants to avoid of course.
Since no explanation was given for the increase in the email we received back in March, nor on the company website, we felt that it would be interesting to examine some possible reasons…
Original post by Domain Name News, The Domain Industry News, ICANN News, Registry News, Domainer News


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