I posted last month about ICANN increasing the prices of domain names across the net.
Enom announced here that the price I pay for domains would increase from $6.95 a domain to $7.45.
However, when I checked enom yesterday I noticed that I am now being charged $7.95 a domain and the lowest I can resell domains is now $9.18.
What does this mean?
Effectively, it means that my domain name reselling site 815 Domains is dead, well I can still resell domains but I won’t be able to use that domain name – I can hardly promote a site called 815Domains when the prices are $9.18!! If my customers don’t move their domains elsewhere then this change will not really affect me too much ie. I make more money reselling domains than I actually spend on them for myself so the hit is effectively being taken by those with sub accounts under me.
The question is, will I still be able to retain those customers? Godaddy and RegisterFly charge $9.95 per top level domain (tld) however fellow enom reseller NameCheap sells them for $9.29. Will a price of $9.18 a domain be enough to undercut these large companies which have brand names? Time will tell I guess. Obviously, I will have to try and get a suitable new domain name to continue selling domains …this time I think I will get one which doesn’t mention the price of the domain!!
On a side note, I have no idea why prices have been increased again and there is no mention of it on enom so I have contacted them to get a little more info on the situation. I’ll let you know what they say :)
Cool to see you link to Namecheap. I’ve used them for 13 years now and my experience is that they’re great for registering domains, but not the best for hosting. Are you using Namecheap for hosting this website?
I think that leaving the price of the domains out of the name is a good idea because it seems enom are changing the prices of my account every other day.
What about me….I knew the price changes were gonna happen and didn’t renew any of my domains haha!
Kevin, that’s quite strange as your post just prompted me to check my eNom account. I used to be on the $9.20 pricing and despite being told at the start of October that this would go up by 50c I’m still being charged $9.20.
No I’m not complaining, besides the fact that I cleaned my account out renewing as many domains as I could before the expected price increase!
As for your reseller service, could you not register 918domains.com and point the old domain there?