nominet 10 year renewals

[philliph]

I heard today, Nominet may be making a change to allow people to reg/renew domains for up to 10 years.

Apparently its in discussion.

 

[devolution]

Well, that would mean more £ for them, and less £ in our wallets

 

[SF]

Well, that would mean more £ for them, and less £ in our wallets

I dont get it, why is that funny

 

[fred]

The vast majority of our clients with .com/.net/.org domains renew on a yearly basis. I think we have 1 client who reg'd a .com for 10 years.

I really can't see what the issue is with Nominet offering up to 10 year registrations. It's not as if they will be increasing the length of reg without increasing the fee appropriately. People who don't want their domains are still going to let them drop?

 

[mojoco]

I have renewed several .com names for upto 10 years, I know many others who have also.
The option for long term renewals gives some piece of mind for important names in your portfolio.
I have let many names drop over the years through my own poor management, in some cases that wouldn't have happened if I had been able to renew for a longer period.
It also covers you for any potential price hike.

 

[fred]

Sorry, I wasn't very clear, I can see the benefits of having the option of renewing for longer periods. I was more questioning the concerns that some drop catchers seem to have, thinking that it will put them out of business.

 

[Whois-Search]

From September PAB meeting:

http://www.nic.uk/digitalAssets/22860_Variable_Registration_Periods_Sept_07.pdf

From November PAB meeting:

http://www.nic.uk/digitalAssets/26091_Board_response_Nov_07.pdf

The PAB resolved to recommend that a policy of extended registration periods of up to 10 years be introduced. Agreed.

Problem is they can't offer bulk pricing yet becuase of article 19A ?

http://www.nic.uk/digitalAssets/16768_Articles_-_Final_Version_Signed.pdf

http://www.nic.uk/digitalAssets/21392_17728_Governance_consultation_paper.pdf

5. Fees
Current situation
• The board has no ability to change the level of registration fees or membership subscriptions. All other fees (eg DRS, tag change, transfers, DAC, PRSS) can and are implemented and changed by the board.
• A change in registration fees or membership subscriptions would require a ballot of the membership, and can only be implemented on a 75% majority.
What we would like to do
• Give the board the ability to regulate sale price as well as costs, by giving the directors the power to change all fees. Any fee changes would, naturally, be communicated with appropriate notice.

 

[fred]

Going from £5 for 2 years to £25 for 10 years is not a "change in the level of fees", as it is still £2.50 per year.

The main issue I could see is that with the current 2 year reg, Nominet have a 'pot' of cash to ensure they can (financially) keep their systems running for at least 2 years from the date of their last domain reg/renewal. If the period goes up to 10 years, they need to increase this 'pot' of money.

 

[retired_member11]

I have renewed several .com names for upto 10 years, I know many others who have also.
The option for long term renewals gives some piece of mind for important names in your portfolio.
I have let many names drop over the years through my own poor management, in some cases that wouldn't have happened if I had been able to renew for a longer period.
It also covers you for any potential price hike.

I fully agree. I like the proposal.

 

[ratboy]

I disagree that there will be less drops. Those who drop valuable names obviously don't keep their admin up to date, so why would they therefore renew for 10 years? The fact is they are not renewing anyway!

 

[fred]

I disagree that there will be less drops. Those who drop valuable names obviously don't keep their admin up to date, so why would they therefore renew for 10 years? The fact is they are not renewing anyway!

My thoughts exactly!

 

[GreyWing]

Guys most of the people who will buy for £10 years will be companies, the ones with fairly decent names.

Before I bet many names have dropped not for financial reason but because one department doesn't know what the other department is doing and the domain names fall through the gap, hence where you pick them up.

Now they'll just pay the £10 years and forget about them, it's certainly bad news for drop catchers.

Not good IMO

GreyWing

 

[Johnp]

Guys

Reality check, anyone renewing will renew anyway. It may affect dropcatching in 2+ years time, when the first of those that would have renewed for 2 years only are no longer on the radar screen.

By then the whole landscape for dropcatching will almost certainly have moved on. Think of it postively if an owner renews for longer periods they may well 'renew & forget'. Also I think thery are also looking at 12 month registrations - so in many many ways it may even out.


Best Regards


JohnP

 

[GreyWing]

It's bad news for drop catchers of that their is absolutely no doubt, and no one will convince of different.

For Default transfer chancer's it's going to be fantastic. How many people will move, change their email address, change their phone number.

Time to switch professions guys, lets get on board the default process. Yes it's slimey and underhanded but it's going to be easy money.

GW

 

[Azam.net]

Ten year option would be great. We register most of our .com domain names for ten years. Saves on hassle/admin. of having to renew every two years.

 

[Skinner]

Rise From You Grave Thread!!

What happened with this ?

 

[bb99]

Rise From You Grave Thread!!

What happened with this ?

The PAB are working on it - expect an outcome in 3 years time

 

[ratboy]

The PAB are working on it - expect an outcome in 3 years time

10 years time... ha ha

 

[mat]

Im sure we will see the fantastic Nominet banners start popping up before they start doing it!!

 

[Whois-Search]

The PAB 'agreed' it in November 2007:
http://www.nic.uk/digitalAssets/26091_Board_response_Nov_07.pdf

I believe its now on Nominet's development work programme.

If anyone knows more than that please let me know

IMO renewals will stay around 70% however you will see a large increase in 1 year registrations. Most customers don't register domains for more than a few years anyway.

I hope it is just 1-10 years like gTLDs and not some strange unique system.

Monthly domain registration does provide an interesting model though:
http://www.hosteurope.de/content/Domain-Basic-Domain-Preisliste