Alright, we’ve had an introduction to domaining and domain names, domain extensions and how to get good quality domain names. What are we trying to do? We’re learning how to make money from buying and selling (at a profit) domain names. If you aren’t yet aware, selling domain names can earn you thousands (of US dollars) per sale. At what cost? A typical domain names costs 800 bob.
Today, we shall go through the process of buying a domain name. This is called domain registration. Now, I’ll be honest: I have no idea of how registration works from the technical point of view. Honestly, though, you may never need to know how the back end works.
Simply put, you buy domain names from Domain Registrars. They are licensed to sell domain names by ICANN. Once you buy a domain with a registrar, they put it into the registry and mark it as owned by you – so that no one else can register it later. Domain registration fees are paid when you register a domain and are charged annually. Once you buy a domain, it is yours in every way and you can manage it as you like.
Factors To Consider When Buying Domain Names
Registration Cost – Domain costs can range from $10 to $2,000 depending on the extension so it pays to shop around and get the best deal. However, as with everywhere else,you get what you pay for. You may buy a domain at $1.99 and get pue hell. It’s a fine balance of cost and quality that you cant to be looking for.
Domain Management – As I’ve said above, don’t get caught up looking for cheap domain names and forget that a good registrar should offer more than just registration services. Having the ability to manage your domains well is critical and a good registrar should have, at the very least, the following:
- Ability to set DNS (domain name server)
- Ability to modify your domain address
- Ability to setup a URL redirect
- Private Whois option available
- Ability to manage multiple domains from a single account
- Automatic renewal or renewal notification long before the annual registration fee is due
Customer Service – Sometimes you need help in one way or another, especially when you are new to domaining. It would help if your registrar is responsive and helpful. A good way to tell if the registrar has good customer service is to email them before ordering and judge the speed and quality of their responses.
Where Can You Buy Domain Names
Web Host Kenya Ltd – Many people look for good, reliable Kenyan domain registrars (to get those .co.ke domains) with little luck. Web Host Kenya is a diamond in the dust! A bit pricey for international domains, though.
Name.com – I have used this service for a while now and I have absolutely no complaints. They offer everything that you need as well as some extras (like Google Apps for domains integration).
Namecheap – They have a fantastic reputation and a huge amount of satisfied customers. They make transferring domains a breeze which is important to consider since domainers are constantly buying and selling new domains.
GoDaddy – GoDaddy is a popular registrar. They also have a good domain management system and fantastic customer support.
How To Save Money When Registering Domains
A little-known way of saving money during domain name registration is using coupons. When buying a domain name, there is usually a place where they ask for a coupon code – if you put one in, you get a discount!
Don’t Have A Credit Card?
If you don’t have a credit card or debit card, your domaining career is going to be difficult to start as almost all the above registrars accept payment only online. We can help, though (and cheap too). Basically, we have a credit card so if you do not have one, we can register the domain name of your choice for you after you pay us in cash, cheque or by MPESA.
International domain names – $10 (Kshs 800) per year
Local domain names – Kshs 4,000/- per year
This article is part one of a series of articles that will fully explore making money online from domain names. The other articles in this series are: