In today’s world, it’s rare that a company exists without a website. The only way your audience can find you online is your domain name. It’s common knowledge that a company’s presence and visibility on the internet can dramatically affect its chances of success. It’s a part of your online ‘real estate’.
You may also want to know how to register a domain name, and most importantly how much it’s going to cost you.
What is a Domain?
A domain name is your website name. It is an address where Internet users can access your website. A domain name is used for finding and identifying computers on the Internet.
How Much Does a Website Domain Cost?
The cost of your domain name will depend on the registrar you choose. Each registrar has its own standard pricing, packages, renewal fees, and accessorial fees. Being that TLDs are the most common, they are going to have the most standardized pricing across the board. On average, it costs around $13-15 annually to purchase and hold a domain name. Some extensions will end up being incredibly cheap because internet users aren’t quite used to those extensions and they don’t pack the same kind of punch whereas some extensions will lead to even higher registration fees.
Other costs you’ll want to research include:
- Renewal fees: Some registrars will charge a cheap registration fee, along with a pricier renewal fee. Make sure you’re aware of the price increase upon renewal (if there is one).
- Privacy fees: Some registrars will charge additional fees to improve the privacy of your domain. This service will hide your contact information from public records.
- Transfer fees: Sometimes you might want to switch registrars. Make sure there aren’t any hefty fees associated with migrating your domain out of your current registrar.
Buying a New Domain Name
First, you’ll need to choose a domain registrar. For example, let’s say you’re going to register your domain with MyResellerHome.
- navigate to https://myresellerhome.com/domains.html
- Type in your domain of choice. This will let you know if the domain, along with your desired extension is available.
- If it’s available, then follow through with the purchase.
Things to check out for:
Hidden fees: Sometimes fees will be hidden within the terms of service. Look out for things like transfer fees, increased renewal fees, long-term domain contracts and more.
Short-term discounts: Some domain registrars will offer good discounts, but this discount will only apply if you register for a long-term contract, or pay for multiple years upfront. Short-term coupons can help you get a cheap domain upfront, but make sure the costs won’t increase drastically after the first year.
Scams. Some domain registrars that offer ridiculously cheap, or even free, domain names will end up charging very high administration fees, or even manipulating your Whois records. Make sure you’re only buying your domain name from a reputable seller.