Saturday 27 February 2016

The Fundamentals of Buying a Domain Name

If you are interested in buying a domain name, there are basically two steps that you have to follow – making your decision about what name to choose and registering that domain name. Here is how you go about it.

1. Deciding the Domain Name

You will notice that purchasing a new domain name which is previously unregistered, is far simpler and cheaper than buying a domain which is owned by someone else. In fact, the field of domain names is completely engulfed by the speculators that buy thousands of domain names simultaneously, in the hope that someday a few of them will become popular. These names are then sold at ridiculously inflated rates.

Contrary to this, a new domain name can be registered for as low as $10 a year. However, it is still possible for you to register a great new domain name which you may have in your mind and isn't yet taken by anyone else.

To decide on what name you want to buy, think of the relevant keywords that are related to the theme you are considering. Then combine the keywords for finding the possible domain name. Of course, if you are purchasing a domain name relevant to the person's actual name, a company or a place name, the process will become far simpler. You can easily check the name by simply inserting the URL in the address field of a browser. If you get an error message displaying “Domain name doesn't exist”, then it's likely that the domain name is free yet so you can buy it.



2. Buying the Domain

In order to buy a domain name, go to a domain registration service. Simple set up an account with your name, address and email address – these details are needed to verify you as a legal owner of the domain – and finally register the domain. It will cost you around $10 for the domain registration. You can either choose standard registrations or the private ones, depending upon your own preferences. In the private registrations, your details as an owner will be kept private and will not be disclosed to the public. A good domain registrar will remind you through an email before the registration expires. This is to ensure you renew its period well within the specified  time period. Or you have an option to register the domain name for a longer period.

Once the domain belongs to you, you could opt to sign up for hosting and build a website; or you may leave it parked with the domain registration service for free, until you decide to use the domain yourself. You can also choose to sell the domain for a good amount of profit.