.Com wholesale prices rise 7% on November 1
Verisign The company that operates the .com and .net registries. Full definition of Verisign will raise the wholesale price What a registry charges a registrar for each domain name. Full definition of wholesale price of .com domains by 7% to $10.97 plus ICANN Internet Corporation for Assigned Names and Numbers The nonprofit that coordinates the global DNS and gTLD policy. Full definition of ICANN’s 20-cent fee starting November 1. registrar A company that registers domain names for customers with the registry. Full definition of registrar charging near-cost prices, including Cloudflare, NameBright, Porkbun, Unstoppable Domains A company known for blockchain names that is now also an ICANN-accredited domain registrar. Full definition of Unstoppable Domains, Spaceship and GoDaddy The largest registrar, which also runs a registry business and an aftermarket platform. Full definition of GoDaddy’s Domain Discount Club Pro, are expected to pass on the increase. registrant The person or organization that holds a domain name registration. Full definition of registrant can renew or transfer domains for up to 10 years before the deadline to lock in current pricing, and many registrars currently offer transfer specials below the upcoming renewal Paying to extend a domain registration for more time. Full definition of renewal fee.
in plain words
The company that runs the .com TLD top-level domain The last part of a domain name, after the final dot. Full definition of TLD, Verisign, is raising its prices by 7% starting November 1. That means many cheap domain sellers, like Cloudflare and NameBright, will also charge more. People can save money by renewing or transferring their .com domain now, even for up to 10 years, before the price goes up.