Verisign's latest earnings report shows a rebound in .com domain growth, and the company has raised its annual outlook. Here are four key reasons behind the resurgence:
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Higher Renewal Rates
.COM renewal rates hit 75.5% in Q2, up from 72.7% last year—an important boost across 170+ million domains. -
Smarter Marketing Incentives
Verisign fine-tuned its rebate programs to better motivate registrars, leading to more active participation and domain sales. -
Registrars Focus on Growth Again
After prioritizing margins, registrars are now shifting back to acquiring new customers, even if it means tighter profit margins. -
China Market Rebound
China is once again contributing to growth, with Verisign noting renewed momentum in the region during its investor call.
As a result, Verisign now expects 1.2% to 2.0% growth in its combined .com/.net domain base for the year.