Saving money on domain registration and renewals

Saving money on domain registration and renewalsIt’s a no-brainer that the domain business is thriving and that acquiring a domain is no longer as costly as it was a while back. Nowadays, you can get your preferred domain for as low as $3 for popular extensions such as .org, .com, .in etc. On most occasions, domain registrars will offer you a first-time discount but then the price returns to normal for all other subsequent renewals. Besides, even those that offer renewal discounts like GoDaddy only offer insignificant savings.

For this article, therefore, we share with you some of the top ways in which you can save on domain registration and renewals.

1. Take advantage of free domains upon buying hosting

A majority of web hosting companies today offer free domains with every hosting plan you buy from them. With this, you end up saving some dollars which of course is great for your pocket. Some of the popular services that offer such packages include BlueHost and SiteGround. Besides, you also get a complimentary WhoisGuard privacy protection for free as well.

On the other hand, you may want to consider getting your hosting service with HostGator if you’re looking to renew an existing domain. This helps you take advantage of the company’s free one-year domain renewal service for all domains moved to their registrar.

2. Use domain coupons

When buying a domain for the first time, it is important that you go for popular domain registrars such as GoDaddy or NameCheap. As such, you can begin your search on Google to find out about the latest promotional codes and coupons by your selected registrar. If you are keen enough, you might find some that help you grab your preferred domain for as low as something slightly over a dollar per month.
Alternatively, you can cut down the chase by adding the honey browser extension that alerts you about the best coupon codes availed by most popular registrars.

3. Transfer your domain instead of renewing

Due to the growing competition between different web hosting and domain companies today, transfer of domains often attracts discounts that are offered by various registrars. For example, registrars such as NameCheap offer great transfer coupon codes that can help you save money that could otherwise have been used to renew your subscription with your current registrar.

If you’d like to transfer your domain to a new registrar, here are a few key steps to take:

First, you will need to request for the EPP code (also referred to as domain authorization code). You will be given this code by your new registrar. As such, you will need to request the registrar to provide you with it before you can begin your domain transfer process.

Normally, domain transfers will take about 2-5 days and hardly do your website need to go down during this time.
However, it is important for you to understand that a majority of registrars will not allow you to transfer away for between 60-90 days of registering a domain name with them.

While the above tips will work best for people with less than three domains, they may not apply for people with a lot more largely due to potential management issues that may arise. This is why you need to acquire a reputable online domain management service like Dominder that helps you manage all your domains while also alerting you of any approaching domain expiration date.

*As a rule of thumb, never buy a domain name before you have a ready prototype of your website in place.

Oftentimes, most of the webmasters today just buy domain names impulsively thinking that they will use them at some point in future. However, most of the initial ideas behind them hardly come to fruition and therefore money spent on such domains go to waste.

As such, consider buying a domain name only after you have devised a solid business plan for your business which is ready to be executed. This way, you will hardly lose money due to bought domains that never saw the light of the day.

Wrap-up

Using the numerous tips discussed in this post, we believe that you can now find it easy to save money when purchasing your domains. Besides, you also have a few tips to help you save on renewal fees as well.

We would love to hear your feedback on our post today and so feel free to share your thoughts and any other tips you may have for saving on domain fees.

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