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Why are Squarespace domains so expensive?

Last updated on September 24, 2022 @ 10:53 pm

It goes without saying that a domain name is one of the most important pieces of online real estate. Not only does a good domain name give your business a powerful online identity, it also helps you climb the Google ladder.

But why are Squarespace domains so expensive?

The answer has a lot to do with the way the domain name market works. In the early days of the internet, domain names were cheap and plentiful.

But as the internet grew more popular, domain name prices began to skyrocket.

PRO TIP: Before purchasing a Squarespace domain, be aware that they are significantly more expensive than other domain providers. In some cases, a Squarespace domain can cost over $100 per year. Additionally, Squarespace domains do not come with privacy protection, so your personal information (such as your home address and phone number) will be available to anyone who does a WHOIS lookup.

One reason for this is that domain names are scarce. As of October 2017, the domain name registry provider GoDaddy had more than 222 million registered domains, but only about 20 million of those are used.

That means there’s a lot of room for people to sell domain names.

Domain name prices also tend to rise when there’s a lot of competition for a domain name. For example, when Google released its search engine, there were a lot of domain names that were available for purchase.

As a result, domain name prices rose in order to compete.

Nowadays, domain name prices are still high, but they’ve slowly been dropping over the past few years. This is likely due to the fact that there’s now a lot of competition for domain names, and people are starting to realize that they don’t have to spend a lot of money on a domain name in order to start a business online.

Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.