Did BuyVM/frantech raise prices?
in General
I don't think I got a notice or email about them raising prices but I went to pay an invoice today and it was up about 25%. I guess it kinda is what it is, but I'm wondering if they announced the price increase and it's something I missed or if this was a surprise to others.
Comments
Yes, you're at least 3 months late
That makes sense. I've noticed issues receiving their emails over the past few months - more often they're not received, and when they are, they end up in SPAM.
Might be worth logging in to your account and going to the email history section. As they use WHMCS it will probably look like this: https://my.frantech.ca/clientarea.php?action=emails
🌐 Ethernet Servers Ltd – 10+ Years Online
Shared, VPS, Dedicated Servers & Domains – www.ethernetservers.com
Yes, they are an official member of:
Price Increase on Recurring Dealz Hall of Predatoriness
There's no delisting criteria for this hall.
Daniel fan club 😎 affbrr
You'll have quite a lot of providers to put there on the coming months... seems to be an unfair list.
Let's go!
It's a butt hurt list. But the whole hosting industry is butt hurt now.
The real metric is whether they will reduce prices once the memory prices crash.
We're the source, no cap. Address us: We/Our/Ours.
https://lowendspirit.com/discussion/comment/221016/#Comment_221016
It's not just memory and storage prices that have gone up.
Data center costs have skyrocketed in the past year, even in data centers not well-suited for AI workloads. After years of being a buyer's market in colo, it's now a seller's market. The data center owners are setting the prices, and pushing them higher. By a lot. Not because they need to, but because they can.
Yes, most companies plan for 2 to 5 percent increases per year. This is normal and has been normal for years. Unfortunately, recent cost increases far exceed that. In some markets, we've seen rates increase 200-300%.
Add that on top of everything else that has skyrocketed - labor, hardware, cross connects, etc. and it will be incredibly difficult for most providers to hold pricing steady.
And, given that most colo agreements are multi-year agreements, it's extremely unlikely that costs will go down very quickly if the AI bubble does burst. Providers will be locked into those agreements for years to come.
QuickPacket - Dedicated Servers in Ashburn, Los Angeles, Chicago
I'm just gonna call it like I see it, they could've used the "announcement" section of the portal too.
Power is a big part of that. It's not like you can just build power plants. Well you can but they take a long time.
For a perpetually out of stock brand like BuyVM I can understand the need to raise prices on existing customers but it's still annoying.
In some locations, yes, power costs have gone up, but it's typically a very small part of the overall increase. Most of the increase from colo providers is going straight to profit.
QuickPacket - Dedicated Servers in Ashburn, Los Angeles, Chicago
I think we should expect prices to stay the same post-crash, until new market entrants come in with lower pricing and force the incumbents to respond.