Pricing Tiers for Regular Domains (2024)

FAQs

What is a tiered price domain? ›

What is a tiered price domain? Domain registries consider certain domains more desirable and valuable than others and have priced them to be more expensive. For example, desirable domain names like Apple.com or Chicago.com are priced higher than something less desirable, like 891ueh8dh9.com.

In general, the average cost for a standard domain is around $10 to $20 per year for common TLDs such as .com or . net.

The price of a domain name is determined by a number of factors, including the popularity of the TLD, the availability of the domain name and the registrar that you use. In general, domain names that are more popular and less available will be more expensive.

When most people think about the price of a domain, somewhere in the range of $15 usually pops up. But often, domain names sell for much more than that. The average price of a domain name sold in the secondary market — buying a domain from someone who already owns it — is in the thousands of dollars.

Also known as price tiering, tiered pricing is a pricing strategy (often used by SaaS companies) that provides customers with several product plans or packages that offer a particular set of benefits at different price points. Those benefits can be in the form of features, supported users, storage space, and more.

Price Controls

There are two groups that keep the prices in check: The Internet Corporation for Assigned Names and Numbers and the U.S. government. The Internet Corporation for Assigned Names and Numbers (ICANN) is a non-profit that oversees the administration of domain names.

Why are domains so expensive now? ›

Aftermarket domains can also have existing traffic which can increase the value of the domain names. Premium domain names are typically priced higher than regular domains because they often have one or more of the following characteristics: They're short, catchy, or memorable. They feature a popular TLD like .com, .

According to expert answers, a new domain name should typically cost you somewhere between $9 to $15. However, these prices can differ based on the domain extension chosen. We recommend that you choose good and reliable web hosting companies to save the cost of your domain.

What is the highest-selling domain name? Business.com remains the highest domain name sale on record. In 2007, RH Donnelley, a print and web-based directories publisher, bought Business.com for a whopping $345 million.

A domain name is essential for building a strong online presence. Fortunately, registering one does not have to be expensive. The average domain name cost is around $10-20/year. That said, domain name prices vary depending on factors such as the chosen registrar, registration period, and additional features.

Tiered pricing is a pricing model that implies different price points for products or services. It is based either on quantity or the volume of a product or service the customer purchased. In other words, the more products they buy and the more services they use, the lower the price per unit.

Tiered pricing encourages customer growth within your business. Customers might start with a basic tier, but as their needs grow, they may move up the tiers. This natural progression can lead to increased revenue without the need to constantly acquire new customers.

Tiered pricing allows you to segment your users and target your development and support efforts accordingly. With flat rate pricing, you lose the ability to align your pricing with your value metric, since you don't make additional revenue for additional value.

With tiered pricing, you can apply various discounts that are activated when sales meet specific values or quantities. Within a tiered pricing Shopify model, you can mix and match discounts to increase the reduced rate as the total sale increases. Adding tiered pricing to your online store is easier than it sounds.