Why is the price of UK domain names changing?
Last year, Nominet announced to registrars including Domainmonster that the wholesale price of UK domain names was going to be increased effective, 1st March 2016.
In fairness to Nominet, this is the first wholesale price change since 1999, but this decision has resulted in us having to relook our UK domain name pricing structure. We really appreciate that price changes can cause annoyance to customers, so we want to make sure that you have all the facts available as well as know ways that you can avoid these rises when renewing domain names this year.
So, first and foremost, what have Nominet said? Well, in a statement, which was released in November 2015, CEO of Nominet Russell Haworth commented:
“We’re (Nominet) committed to running a first-class service for .UK registrants, including our renowned customer service, and we’re doing more than ever before to ensure the .UK space is safe and trusted home for all. But costs have risen considerably since we last changed the price, and we need to compete in a promotion-driven industry.”
Whilst we understand these changes are significant, such changes will create what we believe to be an ultimately positive effect on customers. But price changes are never enjoyable, so here are some steps you can take to prepare for this increase.
Secure your domain now!
If you were considering purchasing a UK domain, you have until 29th February at our current prices. You can hold a domain for up to 10 years at a time, purchase now and you’ll save overall, well before you needed to use it.
What will our prices be?
We’ve published our future prices on the main website on our dedicated uk domain page at http://www.domainmonster.com/domain-names/uk-registration/
Renew your domains now!
By renewing before March 1st, you’ll renew at the current rate. You can also renew your domains for up to a total of 10 years, locking in the current price. Customers can buy or renew in advance for up to 10 years, so long as this is done before changes are implemented on March 1st, 2016.
What will we do?
In 2016 it is important to remember that domains are international – we live in a globalised world. Nominet is making changes to UK domain name offerings to be on par with international registries – a move that will ultimately, in the long run, provide more support and promotions for customers.
As you can see from our pricing above, the changes are relatively small when put in perspective! We believe that the final result will be a number of strong benefits for customers created with the additional funds and we will invest in increasing security layers to keep you protected.
So what should your next steps be?
If customers want to avoid these price changes, you are able to lock in current pricing. Customers can buy or renew in advance for up to 10 years, so long as this is done before changes are implemented on March 1st, 2016.
Domainmonster is dedicated to finding and implementing solutions for all of our great customers, so, if you want to discuss this with us, just get in contact and we will work to find a solution!