A good domain name is the first step in helping people find your website. To buy a domain name, you’ll have to purchase it through a domain name registrar. The two most common types of domains are top-level domains (TLDs) and country code top-level domains (ccTLDs). TLDs are well-known domain name extensions, like .com, .net, and .edu. ccTLDs are country-specific domain name extensions, such as .uk or .fr.
The average price of a domain is around $10-20/ per year. This cost can vary widely depending on several factors, including:
- How popular the domain is
- The extension (e.g., “.org,” “.com,” or “.news”)
- How long did you purchase the domain for
- The seller of the domain
Factors that influence domain name cost
- Registrar of Your Choice
Domain registration costs will depend on the services that a registrar offers. Mainly domain registrars offers basic registration and web hosting packages. Choose the registrar that best suits your needs and budget. If the domain registrar is too expensive, find another registrar that may have a better deal. It doesn’t matter which domain registrar you choose. It’s important to make sure you’re an ICANN-accredited registrar.
- Domain name popularity
The number of requests for domain names can be one of the most important factors in determining domain name pricing. If the domain name is popular and in high demand, It will increase costs. The cost of a domain name can reach incredible prices. Some domain names sell for millions of dollars. If you are looking to reduce the cost of a domain name, make sure you are not looking for a domain name that is in high demand. This is one of the most important factors to consider with a domain name cost.
- TLD of the Domain Name
The top-level domain is the part of the URL that comes after your specialized domain name. For example, imaginosolutions.com has a top-level domain of “.com.” TLD is the suffix that follows the domain name in a web address; the most widely used is “.com”. TLDs are managed by the domain name system of the Internet, which controls how domain names are translated into Internet Protocol, or IP, addresses. As .com and .net are popular extensions, their prices tend to be more expensive. The benefit of using a more popular extension is to drive higher organic traffic since users often write these popular extensions by default.
- Domain Privacy Protection
Whenever someone registers a domain, the registrar is required to provide that user’s contact information (name, email address, and phone number) goes into the ICANN WHOIS database to ensure that if a website owner breaks any laws, authorities have a way to find and hold them accountable. While there’s a practical reason for the database, having your personal data listed means giving up more privacy than many website owners are comfortable with. For that reason, many domain registrars offer domain name privacy as an add-on for an additional cost. You provide your information to the registrar, and they pass theirs along to the directory to publish instead. You keep your privacy, but still manage to stay within all the rules.
- Keyword popularity
URLs are one factor in search engine optimization (SEO). Having a domain name that incorporates valuable keywords can therefore make your website easier for people to find in search engines. If the domain you want consists of a keyword phrase that gets a lot of searches on Google, be prepared to spend more because of it.
- Renewal fees and contract length
When buying a domain name, remember that you must renew your name after the first year or after your contract expires. The renewal frequency of your domain name depends on your initial contract. Sometimes you’ll get a domain discount when you purchase a domain for an extended period of time. Regardless of your contract, be sure to set up automatic renewal for your domain purchase in advance. An expired domain can be expensive and difficult for your business.
Although you can still renew your domain for a few weeks before it expires, your site will not be shown to customers, which could result in a loss of business. A down website can also harm your brand credibility and SEO. The Registrar may also charge additional fees for pages that are not updated in a given period. There is even a risk that someone else will buy your domain name if you wait too long to renew after your expiration date.
Your website can make a big difference in your efforts to establish your online presence. Domain registration doesn’t have to be expensive or difficult. Simply use our domain search tool to find the domain you want, and it can be yours within minutes. Looking for a hosting provider to help you build your online presence? Imagino offers a number of different hosting packages for you.
More resources :
- How To Choose A Domain Name
- How To Choose Web Hosting Provider For Your Website
- How To Start A Small Business Website
- What Is A Domain Name Extension