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How Much Is A Website Domain Name?

The post How Much Is A Website Domain Name? appeared first on HostGator Blog . If you’re looking to build a website, then one of the first things you’ll need to do is buy a domain name for your new project . But, how much is a domain name actually going to cost you? Well, that depends upon a bunch of factors, as the cost of a domain name can vary based on several factors. For example, be prepared to spend a bit of money on domains that someone else already owns. Some older domains have gone for millions of dollars, specifically domains that are very broad such as single word domain names like insurance.com, hotels.com, and investing.com So, if you want a single word, used domain, then be prepared to spend a lot of money on your domain name. On the other side of the equation, you have new domains. The average cost for a brand new domain will typically be anywhere from $10-12, depending upon the registrar you choose and the length of your registration contract. Below you’ll learn why some domains are more valuable than others, the average costs for getting a domain name, and some tips to help you get started. How Much Does a Website Domain Cost? If you’re just getting started online, then the best course of action is to choose a new domain. A new domain will be cheaper, and allows you to build your own brand from scratch. Typically, you’ll be paying around $10-$12 for a new domain, depending upon the domain name extension you choose. Some extensions like .biz, .xyz, or .info, along with hundreds of others 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. Some extensions will lead to even higher registration fees, like .co, .ai, .io and others. 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 For most people, they go with the option of purchasing a new domain name. It’s the quickest and cheapest option, and with a little creativity, you can find a solid domain. First, you’ll need to choose a domain registrar. For the sake of example, let’s say you’re going to register your domain with HostGator. Navigate to https://www.hostgator.com/domains 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. Buying an Old Domain Name If you’ve found the perfect domain, but someone else already owns it, follow these steps to see what you can do it your domain name is already taken . This is only recommended if you have more cash to spend and require a very specific domain for branding purposes. You may have to visit a domain auction site and  make an offer for the domain. Keep in mind that you’ll probably have to do a lot of back and forth negotiation to secure the domain, and the price could be very steep. You can also find expired domains , that might have an existing link profile and authority. Just make sure you thoroughly research the domain before making a purchase. Domain Name Fees to Watch Out For Sometimes you might not be getting as good a deal as you think when registering your domain name. Below you’ll learn about some hidden charges you’ll want to watch out for: Hidden fees. A lot of times what might seem like a good deal up front won’t actually be a good deal. Sometimes fees will be buried 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 seemingly good discounts, but this discount will only apply if you register for a long-term contract, or pay for multiple years up front. Short-term coupons can help you get a cheap domain up front, 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. Which Option is Best for Me? For most people, buying a new domain is going to be the preferred route to take. You’ll not only get the best deal, but the registration and purchase process will be the simplest. In time, as your experience and online assets grow it might make sense to negotiate for a domain or purchase an expired domain. But, when you’re just starting out make it easy on yourself and find a solid new domain. Find the post on the HostGator Blog Continue reading

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How To Sell A Domain Name

The post How To Sell A Domain Name appeared first on HostGator Blog . Did you purchase a domain name with every intent of starting a website? But time caught up and you lost interest or never got around to starting the website? Now you’re thinking about how to sell a domain name . Instead of just letting the domain sit there, there is a way to make some extra cash from your unused domains. Now, not every domain you own is going to sell for a huge fee. But, you might be sitting on some unexpectedly valuable domains. Below you’ll learn how to sell a domain name, the best ways to find buyers, and places online where you can list your domain for sale. How to Sell Your Domain Selling your domain is going to be a lengthy process, and you might not get any bids straight away. It depends upon the existing value of your domain and how well you market it. The process will differ from selling a website , however. Below we cover the process of discovering the value of your domain name and hopefully selling it for a nice sum. 1. Determine the Value Of Your Domain The first thing you’ll need to do is properly price your domain. A lot of people end up overpricing their domains and wonder why they never have any interest. Just because you’ve owned a domain for a while doesn’t mean that it has any inherent value. For example… Is your domain a .com, or does it have some other random suffix? A .com domain will carry a higher price. Is your domain name short? Or does it contain a lot of words? Shorter domains tend to sell for a lot more. Is your domain easy to spell? Or have a common abbreviation? Domain names that include common words or regular abbreviations will fetch a higher price. Do you have hyphens or other elements in your domain? Domains that contain fewer words (preferably even one), and don’t include hyphens will sell for much more. Spend time researching what other related domains have sold for. You can use the tool Namebio to determine what other similar domains have sold for. There are a variety of online estimation tools you can use, but these don’t tend to give very accurate quotes. You can use them as a general indicator, but not as a true measure of value. 2. Decide How You’d Like to Sell With a better understanding of what your domain is worth, it’s time to start looking for buyers. You’re going to have a few different ways to find buyers for your domain. Some of the most popular sites are shown below: eBay Afternic Flippa Sedo.com 3. Make sure your contact information is public on the WHOIS directory. Most people don’t want their contact information publicly listed online. However, when you’re ready to sell a domain, this is the time you DO want your contact information available. Let’s say someone searches for a domain name to purchase, but you already own it. If they can find your contact information in the WHOIS directory , they can contact you directly and offer to buy the domain name from you. You can update your contact information through your website host or read more about how to update your contact information on WHOIS . 4. Prepare Your Domain Listing. Once you’ve chosen your marketplace it’s time to optimize your listing. A lot of sellers just upload their URL and call it a day. However, you can maximize your chances of selling your domain by making it more attractive. For example, does your domain have any existing traffic? Does the domain have considerable age? Does your domain have any existing authority? By highlighting the current and potential value of the domain you can help to justify the price and make it more attractive to buyers. 5. Use an Escrow Service to Receive Payment. One way to safeguarding the selling of your domain is to use an escrow service. This will help you avoid being scammed or tricked by a potential buyer. An escrow service will act as a neutral third-party that will safely hold and process the funds. Some selling platforms like Sedo have a built-in escrow process for every transaction done through the site. This will take a percentage of the final price, but safeguarding your domain is well worth it. 6. Transfer the Domain. Finally, it’s time to transfer your domain to the new owner. The process you use will differ depending on how you decided to sell your site. However, the general process is outlined below: The seller will submit the authorization code to start the transfer process. The seller will them transfer the funds from escrow once the transfer is completed. There might be restrictions on the amount of time the funds must stay in escrow, so double check this before you initiate the transfer. Learning how to sell a domain name is a lengthy process, but one that could be potentially financially rewarding. Hopefully, the tips above have given you some guidance on evaluating your own domain names, and maybe even selling a few of them. What about you? Have you sold a domain name and have tips for others on how to negotiate the process? Leave a comment below. Find the post on the HostGator Blog Continue reading

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