09/29/2023
Dear Clients,
We wish to formally apprise you of an imminent pricing adjustment for a diverse array of domain name extensions accessible through our Benznet hosting platform.
This alteration is in direct response to the persistent and upward trajectory observed in domain pricing trends within the market over the past several years.
Verisign, the esteemed governing body responsible for overseeing .COM domains, has consistently elevated pricing for three consecutive years. Concurrently, other prominent registries wielding substantial market influence have opted to parallel this trajectory.
In our unwavering commitment to deliver value, we have endeavored assiduously to recalibrate our pricing structure through judicious means, seeking to strike an optimal equilibrium between the caliber of service we provide and the imperative of maintaining competitive pricing.
The revised pricing schema shall be effectuated on October 4th, 2023. This adjustment encompasses both wholesale and retail pricing, assiduously safeguarding the predefined profit margins associated with each specific TLD. Notably, end customers with domain names aligned with the affected TLDs will be billed at the newly stipulated rates upon renewal, while ongoing contractual agreements will be duly adapted within a commendable seven-day timeframe following the price transition.
Should you harbor any inquiries, require elucidation, or seek additional insights pertaining to this substantial modification, we extend an open invitation to you to engage with our dedicated support team.
We appreciate your continued partnership and look forward to your esteemed collaboration as we navigate these developments together.
Sincerely,
Bennie Lopez Jr
Chief Technology Officer
Benznet