Domain Name Registration basics
Do you know you can earn money online by domain name registration? Domain names can be used to display a website, they can be flipped to make good amount of money or a good search engine friendly domains can be parked to earn a regular income. This article covers the basics of domain name registration. The article also gives an overview on ways to use a domain name to make money online.
In earlier days, ip address was used to name an online network, computer or a service. To make things easier, numbers (ip address) were replaced with names called the domain names. In layman terms, domain names are unique and the names can be used to represent a website. Every domain name has 3 components in it
- sub domain, mostly empty (www.burisa.com)
- top level domain (www.burisa.com)
- generic top level domain (www.burisa.com)
learn more about domain names here.
Cost of a domain name
Basically domain names are not sold, they are leased in terms of years. You can lease domain name for years or renew them every year. All unregistered available domain names under its respective generic top level domain have a base lease price. The pricing depends on the domain name reseller and the generic top level domain name. .com cost between $10 to $15 on an average. Most of the hosting service providers provide first year domain name registration for free with their yearly plans. So, Do not be in a hurry to register a domain name if you are planning to buy a web hosting service.
Domain name registration
Domain names can be registered at Namecheap. Webcrafters.co recommends Namecheap because they provide the cheapest yearly renewal charges, also you get one year free whois guard (WhoisGuard help to protect the privacy of the domain name owner) and first year ssl certificate for $1.99 only (usually $9 per year).
Ways to use a domain name
- Display your website: Looking to setup a website? There are three components in building a website. They are
- Domain name registration, Webcrafters.co recommends Namecheap.
- Web hosting, Webcrafters.co recommends bluehost.
- Website development, Webcrafters.co provide low cost solutions. Request quote here.
Domain name registration is an important and initial step in the process of building a great website. Register a domain name, buy a web hosting service, develop a website and display it online. Website can be a forum, blog, microsite, gaming, affiliate, media sharing, information site, personal site, etc.
- Domain Flipping:
Domain name have increased value for being short, being easy to spell, being search engine friendly, etc. Domain name Flipping follows the business model of real estate. You buy a valuable domain name at a price and sell it at a higher price. It involves active investment of time, good networking, marketing, research and negotiating skills. Domain flipping service providing websites are sedo.com, godaddy.com, flippa.com, brandbucket.com, etc. Visiting these websites can give you a view on domain flipping and the potential of owning a domain name.
- Domain Parking:
Domain parking is having possession of a search engine friendly domain name and registering the domain to be parked. A parked domain contains a webpage of advertisement related to the domain name. Every click of advertisement is an income. Domain parking service providers are 1. sedo.com 2. godaddy.com, 3. voodoo.com, etc.
Hope this article helped you in understanding domain name, cost involved in domain name registration and ways to use domain name in making money online. Please share your view about this article in the comment section below.