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Ridiculous price increase for renewal, +550% over a year

I guess it's been previously posted about that subject. I just want to add my experience. 

 

I registered a domain for the first time last October " www.shinka.tech" for about 11USD 

Now that the time has come to renew it, I just had a look at the price thinking it might be around 20 USD at most but have been quite surprised to find out to find out I have to pay 76USD that's a 550% 


DId my domain name suddenly became very demanded or something? 

 

3 REPLIES 3
Super User I
Super User I
Solution

Re: Ridiculous price increase for renewal, +550% over a year

Hello @MikaelJ and thank you for reaching out to the community. 

 

.tech (TLD) is still considered a premium TLD through the DNS industry. Trust me other DNS competitors are charging over $100 (USD) for the .tech (TLD). The joys of owning a premium TLD.


Very Respectfully,

Drew Davis
Navy Veteran and Entrepreneur | GoDaddy Pro user | "Proud to be serving others!"

*** Please note that I offer free advice on this forum. Please feel free to give me KUDOS on this topic/discussion; mark my comment as ACCEPTED SOLUTION if you believe I've helped solved your issue. Thanks! ***
Super User III
Super User III
Solution

Re: Ridiculous price increase for renewal, +550% over a year

@MikaelJ 

 

As @davisdre317  stated this is a premium domain. I just put in a sample ".tech" domain as I wanted to see the cost and it clearly shows $9.99 $69.99 and shows it will renew at the higher price - Screen Shot 2019-09-29 at 11.30.33 AM.png

For your benefit and others reading this - GoDaddy will often show / give discounts for the first year / period - however they also show what the renewal price will be. Many miss this and then have sticker shock when renewal comes around.



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Super User II
Super User II
Solution

Re: Ridiculous price increase for renewal, +550% over a year


@MikaelJ wrote:

I guess it's been previously posted about that subject. I just want to add my experience. 

 

I registered a domain for the first time last October " www.shinka.tech" for about 11USD 

Now that the time has come to renew it, I just had a look at the price thinking it might be around 20 USD at most but have been quite surprised to find out to find out I have to pay 76USD that's a 550% 


DId my domain name suddenly became very demanded or something? 

 


@MikaelJ  Most registrars offer an introductory price for these types of extensions. You are also able to transfer the domain name to another registrar for a lower price but more than likely they will have a higher renewal fee next year. Here's a helpful list of prices: https://tld-list.com/tld/tech

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