I was just doing a bit of spring (late summer?) cleaning and ran across some old domain registration e-mails from GoDaddy. As I skimmed through them, I was amazed at how much their domain name registration prices have increased.
Back when I first used GoDaddy in 2005, it was less than $5/year for a .com (dot com) domain. Now? The same registration would cost a hefty $12.99/year. Looking across the seven years in question, that works out to a nearly 15% annual increase.
It’s smart business, really. Domain names are a pain in the butt to transfer, so they got a bunch of people locked in at a low initial rate and have been aggressively increasing prices ever since.
Oh, and don’t forget their private registration service, Domains By Proxy, which costs another $8.99/year. No wonder they can afford to advertise so much.