Business Services Industry
Yahoo! Launches New $9.95 Per Year Domain Product; Significant Upgrades to Domain, E-mail and Web Hosting Services to Enhance Ease-of-Use, Storage and Customer Support
Business Wire, August 17, 2004
SUNNYVALE, Calif. -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today announced a new domain product (http://domains.yahoo.com), which is designed to make it easier for individuals and small businesses to establish their online presence for $9.95 per year. Additionally, Yahoo! has significantly enhanced its current e-mail and web hosting products (http://webhosting.yahoo.com/) with industry-leading bandwidth, storage and customer support.
Growing Marketplace
Yahoo! is rolling out the new domain product and pricing at a time of unprecedented growth in the market. In Q1 2004, 4.7 million new domain names were registered, bringing the number of domains purchased to more than 50,000 per day.*
"Yahoo! is addressing this rapidly growing marketplace with a superior product offering from a brand they can trust," said Rich Riley, vice president and general manager, Yahoo!. "We continue to innovate and deliver enhanced domain, e-mail and web hosting products at competitive prices to make it easy for consumers and small businesses to stake their claim on the Internet."
New Domain-Based Offerings
To address this growing market, Yahoo! is launching a new domain product that offers a rich set of features for only $9.95 per year. In addition to a domain name, customers receive:
--Toll-free, 24-hour phone support
--An easy-to-use control panel
--Full DNS management features
--A starter web page - a professionally-designed web page to serve as a placeholder or stand-in until a site is published
Yahoo! is also launching a new domain-based e-mail product, Yahoo! Custom Mailbox, as a solution for individuals who want a personalized e-mail address (e.g. you@your-domain.com). For $34.95 per year, customers receive a domain name and e-mail address.
Industry-Leading Enhancements
Yahoo! Web Hosting, an industry-leading web hosting service known for its ease-of-use and powerful web site building tools, now offers customers even more value, at the same competitive price points. Starting at $11.95 per month, Yahoo! Web Hosting includes a domain name and e-mail, and now provides:
--Up to 39x more disk space and 5x more bandwidth to accommodate large, multi-media sites
--Enhanced e-mail features including additional e-mail addresses and 2 GB of storage per account (a nearly 80x increase)
Yahoo! has also enhanced the features and support for Yahoo! Business Mail. Priced at $9.95 per month, Business Mail features domain-based e-mail hosting and now offers:
--10 e-mail addresses - 2x the number of e-mail addresses previously available
--2 GB of disk space - a nearly 80x increase
--24-hour toll-free phone support
As with all of Yahoo! domain-based products, customers get industry leading mail features such as:
--Increased e-mail storage with 2 GB of disk space
--24-hour toll-free customer support
--POP and web mail access
--SpamGuard Plus, which consistently filters more than 95% of spam
--Automatic virus screening and cleaning for e-mail attachments
Specific package details are available at http://smallbusiness.yahoo.com/.
> As part of the product launch, Yahoo! also announced the "Yahoo! Domain Name Giveaway" sweepstakes program that encourages consumers and small businesses alike to register for a new domain name. Through an online promotion, 4,000 consumers who sign up for a new domain before September 15, 2004 will win a free year registration for their domain. In addition, each consumer who registers for a domain through the URL below will be entered into a sweepstakes for a chance to "strike gold" with a free trip for two to Las Vegas. No purchase is necessary to participate in the sweepstakes, and full details and official rules can be found at http://promotions.yahoo.com/goldrush.> About Yahoo!Yahoo! Inc. is a leading provider of comprehensive online products and services to consumers and businesses worldwide. Yahoo! is the No. 1 Internet brand globally and the most trafficked Internet destination worldwide. Headquartered in Sunnyvale, Calif., Yahoo!'s global network includes 25 world properties and is available in 13 languages.
Yahoo! and the Yahoo! logo are trademarks and/or registered trademarks of Yahoo! Inc.
All other names are trademarks and/or registered trademarks of their respective owners
* VeriSign - Domain Industry Brief, June 2004
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