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Thread: Does USD depreciate affect Malaysia Domain selling price?

  1. #1
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    Does USD depreciate affect Malaysia Domain selling price?

    USD is keep on depreciation, does it affect Malaysia Domain selling price?

    As what I know last time when USD in 1:4.8, Malaysian selling domain in RM55 are reasonable, standard domain is selling $10(RM48)

    Now, the conversion rate fall untill 1:3.2, which mean just $10(RM32). For those domain reseller who sell RM35 still have business?

    Most of the webmaster are able to buy online such as godaddy and name cheap with around $7 to $8 ,which mean the cost are less then RM30

    So what are your standard selling price now? for webmaster/ end user ( I am not mean for cooperate, cooperate may sell RM100 to RM150 per dot com)
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    I think that is still alright.

    Price is a big factor on buying domain name, but not the only factor.

    Which is why many hosting companies sell domain names for RM55 and many people still buy from them. Which is why NameCheap and GoDaddy still owns the majority of the market when Name.com and DomainSite.com are cheaper.

  3. #3
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    Quote Originally Posted by limcs View Post
    I think that is still alright.

    Price is a big factor on buying domain name, but not the only factor.

    Which is why many hosting companies sell domain names for RM55 and many people still buy from them. Which is why NameCheap and GoDaddy still owns the majority of the market when Name.com and DomainSite.com are cheaper.
    I'm a malaysian, an I buy from local markets. Why? time frame is factor.
    but, If I'm a westerner, I'd by from western market. Reason, time factor.

    I think, the most effected peoples are those who are running adsense. two years ago, it was like for $1000 you can get RM3800 ( one month salary). Now, it's only RM3200. A RM600 difference. RM600 can buy you alot of things.

  4. #4
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    as conclution, reputation are very important...

    but what i mean is lets compare local RM55 with namecheap RM25(about), both also have good reputation...

    for support wise, local will be more faster... er...normally, domain not much support what..
    any one need support from domain before?
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  5. #5
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    For me, it doesn't make sense to sell domains at higher prices. I'd rather customers save, and instead could buy more domains or advance register for multiple years, than trying to squeeze so much from a single domain, and scare people off...

    Once customers realize that they are not getting the best bargain, they might run away for good, and you'll lose the residuals.

    On the other hand, I still have customers that stay with me for well over five years, renewing their names without much hassle. And those who realize the good value will end up consolidating/transferring in more domains from elsewhere... And they might even offer lips service for free, referring more new customers...

    Network Solutions (briefly acquired by the once $20B-monster Verisign, for USD6B, but later sold for cheap) and Register.com (once worth billions of dollars on stock market) used to be the biggest on the block, and look at what happened to them compared to the little newcomer that grew multiple times bigger by now -- you know which one I'm talking about

    Our over dependence of US dollar is bad I suppose, causing price fluctuation on pricing, so domain vendors ended up having to set up a slightly higher fixed price in local currency, as not to confuse customers.

    For hosting, of course, it's a different story. I agree that for domain, there aren't really much support needed except for the initial transaction, so, there lacks much encouragement to 'overcharge' customers...
    1oasis @ PP.my
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