The domain name price increases that was announced back in December 2009 by VeriSign are finally upon us. Effective July 1st 2010, .COM domains will increase 7% and .NET domains will go up 10% as required by VeriSign’s agreements with . As a result, registrars will also begin to pass along the increases to their customers.

You can avoid these increases by renewing your .COM and .NET domain names today with our GoDaddy coupon codes. Not only will you avoid the higher cost being charged after July 1st, but you’ll also save an additional 30% on .COM domain names and 10% to 16% on .NET domains. Register, renew or transfer a .COM domain name for only $7.49 if you act now. If you have multiple domain names, this could result in huge savings. You can also increase your savings by renewing for multiple years at the current low price.

VeriSign is the registry for .COM and .NET names. As they increase prices to registrars (such as Go Daddy) the increases must be passed along to consumers as well. In announcing the price increases, VeriSign noted increasing demands on the infrastructure brought on by Internet-enabled phones and mobile devices and the emergence of DNS-centric services and technologies. DNS queries have increased from 2 billion per day in the year 2000 to more than 50 billion per day today. VeriSign also noted defense against sophisticated cyber attacks on the .COM and .NET infrastructures as a priority.

Regardless of the cause or rationale, you can save money on your .COM and .NET renewals if you act before July 1st. Do it today!