How Much Do Premium Domains Cost And What Drives Their Value
CEO, VPN.com: The $1M Domain Name – We help brands, Entrepreneurs, politicians and athletes acquire premium domain names for their vision.
A domain name is a direct reflection of your business or brand. The right domain can drive people to your website and help you rank higher in search engines.
But how much does one cost?
If you’ve ever registered a domain name, you know that they can vary in price. There are a host of factors that determine the cost, including SEO viability, current market trends and the web extension .
Let’s take a closer look at the cost of domain names and what drives their value.
Unused Domain Names Are Very Affordable
To put a website online, you need to have both a domain name and website hosting. You can usually purchase an unused domain and hosting for less than $15. Some companies even bundle a free domain name with the purchase of web hosting.
Final Words And Verdict
The cost of a Domain Name on Shopify is considerably higher than what other domain registrar providers offer.
Compared to NameCheap, its almost double the price!
The truth of the matter is, you are paying a premium for a small amount of convenience. It doesnt take long to change a couple of settings and this is all you need to do to connect a domain from NameCheap .
If you decide to do this, you will be immediately saving for the first year of the domain registration. But this saving extends in future years because renewals on the domain are more expensive once again on Shopify . So the domain will cost you $14 each and every year through Shopify.
With third-party domain registrations, renewals are typically cheaper and you can can save when you buy years in advance at Namecheap a renewal is around $7, and if you purchase a 2 year renewal for example, it will cost you $5 a year, and the more years you pay for in advance the higher the discount. It works out a lot cheaper!
So if you are looking at starting a new Shopify store, or any other online business for that matter, I suggest you head over the NameCheap to get your new branded domain!
How Much Domain Names Cost
Domain names vary dramatically in price. The price for a .com domain is about $10 to $18, but you will find that prices vary by registrar, domain name, and extension. Many registers will deeply discount the domain but you will need to pay full price in subsequent years.
You may also find a list of domains which cost more than the standard fee. These are domains being held by cybersquatters, and you can purchase a domain from them if the price is acceptable they vary from slightly above standard price to stratospheric, depending on how valuable the domain is perceived to be.
Remember that when you purchase a domain name, it is generally for only one year . If you do not pay the fee at annual renewal, you lose the domain and it can be purchased by someone else. Cybersquatters often quickly purchase lapsed domains under the assumption that the owner neglected to renew by accident and will then need to pay an inflated fee to reclaim the URL.
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Bluehost Best Shared Hosting
Bluehost is one of the most popular web hosting service providers on the market. Its known as being reliable, beginner-friendly, and affordable.
Plus, you can get a free domain name for the first year when you sign up for their web hosting services.
After the first year, you can expect to pay $12.99 per year for your domain.
Each domain name also comes with full control via an intuitive interface, DNS record access, auto-renewal options, domain locking, and 24/7 expert customer support.
Plus, Bluehosts web hosting plans are hard to beat if youre on a budget since they start at just $2.95 per month.
To get this price, however, you have to pay three years in advance. Which may sound scary at first, but building a profitable website takes time and youll save money by paying in advance.
If you decide to sign up for 12 months instead, its $5.95 per month.
However, this is still an affordable price, putting you at $71.40 for a years worth of web hosting.
You can also upgrade to a better plan as your website grows and you need more advanced hosting features.
Bluehost also offers VPS hosting, managed hosting, WordPress hosting, and dedicated hosting if you end up needing more than your shared hosting plan provides.
How To Find An Available Domain
Buying a domain name from an investor is both more complicated and inevitably more expensive than finding one thats already available. If your heart is set on a specific name, the owner has all the power to set the price and you have to accept it or be willing to move on.
Youll save yourself a lot of trouble if youre willing to come up with a new domain idea that no ones bought yet. And by getting a little creative, you can probably figure something out you like nearly as much as your original idea.
Do some brainstorming. Think about keywords, synonyms, and words in other languages that mean something similar to what you have in mind. Consider animals or characters you can add to your domain name to give it some more personality .
Plug lots of ideas into our domain search tool, and then look at the available suggestions the tool generates.
Read Also: How To Create A Domain Email With Gmail
What To Do If You Cant Get The Domain Name You Want
Its not always possible to get the domain name you want. What should you do then?
- It might be unavailable or parked. You can contact the owner and make them an offer. Alternatively, you can modify your domain name by adding a word to it. For example, if you are using your product name, consider adding the word get to it, as Drip did with www.getdrip.com.
- It might be outside your budget. You can significantly reduce the cost of your domain name by choosing a less popular domain extension. Just dont go overboard with this. A whacky extension that no one has ever seen before might hurt your brand.
- It might be trademarked, like WordPress. When thats the case its best to just drop the idea and go back to the drawing board. Dont play with fire if you dont want to get burned.
Yes, its really annoying when you cant get a domain name that you want, but your only option is to get creative. And who knows, maybe youll come up with something even better?
What Are The Best Tlds
The best TLD is simply the most meaningful and appropriate one for your business. This means it depends on what youre using your site for, as well as how much you can afford to spend.
For most sites, .com or another popular option will suffice. However, a company might use a .info or .help domain for its knowledge base and .blog for its company blog. Another might also use .promo for handling discounts, .design for sharing digital assets, and .dev for its developers.
Recommended Reading: What Is Web Hosting Vs Domain
Best Tips Before Buying A Domain Name
Having a good domain name is essential since it can add extra credibility to a website, spread brand awareness, and ensure that users can find you on the internet. Thats why its crucial to dedicate some time to research before choosing the right domain name for your site.
Here are 15 tips to review before deciding on a domain name:
Why Is Com So Popular
The .com TLD was one of the original TLDs that were introduced in 1985, alongside .edu, .gov, .mil, .net, .org and .int. Its name is derived from commercial, which speaks to its original purpose for domains registered by commercial organizations. Due to its intent and being one of the earliest domain extensions available, the .com TLD has enjoyed immense popularity. Today, the extension is nearly synonymous with the internet and is the go-to extension for millions of people around the world.
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Web Hosts That Offer Free Domains
Launching a new website can be a costly endeavor, so we want to help you save as much money as possible.
Many web hosts offer free domain names and affordable web hosting services for beginners to help you get set up and running as fast as possible. Our top recommendations for this include:
If youre on the hunt for affordable hosting that doesnt feel cheap, Hostinger is the way to go. To qualify for a free domain, you have to sign up for an annual package on the Premium plan, which starts at $2.59 per month for a four-year agreement.
With that plan, youll pay $124.32 for four years of hosting and youll get your domain name free for the first year.
Signing up for two years in advance bumps the monthly price up to $3.99 per month, which is $95.76 for two years. If you prefer an even shorter commitment, Hostingers annual agreement is $5.99 per month, making the first year $71.88.
Regardless of the term you choose, a domain name and all of Hostingers domain name features are included for free for the first year.
Theres also a monthly option, but it doesnt include a free domain.
Hostingers premium plan comes with more than enough resources for new websites or anyone migrating an existing site from a different hosting provider.
- Up to 100 subdomains
Despite its affordable price tag, you get everything you need .
Try Hostinger risk-free for 30-days to see if its right for you !
What Does Domain Name Registration Cost With Godaddy
GoDaddy is currently one of the most popular domain registrar in the world today. For as low as $14.99/year, you can have your .com domain registered and on top of that, they offer free web redirection, a web interface, page parking, a starter web page and so much more in the package. Check here for our GoDaddy review.
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Dreamhost Best WordPress Hosting
DreamHost is another web hosting service provider that offers a free domain name. Like some other web hosting companies, DreamHost also offers both regular shared web hosting and WordPress-specific hosting.
Regardless of which option you go for, youll receive a 97-day money back guarantee, along with unlimited storage and bandwidth.
The shared web hosting offerings are straightforward and easy to understand. You can pick from two packages: the shared starter and the shared unlimited.
Both packages come with a free domain as long as you sign up for a minimum of one year.
The starter package is $2.59 per month with a three-year web hosting plan and $3.95 per month with a one-year plan. If you need email, however, its an additional charge at $1.67 per month.
The unlimited package, which includes email, costs $4.95 per month for both the three-year and one-year plans.
If you prefer dedicated WordPress web hosting, there are three plans to choose from. The WordPress Basic plan is $2.59 per month with a three-year hosting sign up.
The DreamPress plan is $16.95 per month for a three-year term. The VPS for WordPress plan is $27.50 per month if you sign up for three years.
VPS stands for virtual private server. This means your site will be hosted on its own server rather than grouped with other sites. Because the site is managed on a single, dedicated server, it tends to be faster and more responsive.
Verify The Ownership Of Your New Domain
The final step is to verify the domain ownership through the email address you used when registering the domain. The email usually arrives within a few minutes after finishing the domain setup. Simply click the verification link in the email to verify your contact information.
If the email doesnt arrive, resend the request from the control panel. We recommend doing it immediately, as waiting for 15 days or more will lead to a temporary suspension from the registry.
Thats all there is to it. Now you know how to buy a domain name and complete the initial registration process.
Tip from Darius
To make the most out of your newly acquired domain, consider authorizing it with the Google Search Console. This will provide you with important analytical insights and make it easier for Google to crawl the content of your site.
First, log into your Google account and head to the Search Console page. If you want your entire domain to be crawled, enter the URL in the bar on the left. Once thats done, click Continue and youll be presented with a code. Then, copy it and do not close the tab.
Now, log into your Hostinger account, head to the hPanel, and on to the DNS Zone Editor. Under Manage DNS Records, select TXT as the Type. Unless youre only adding a specific subdomain to the Search Console, leave as the Name. Next, copy the code youve received previously as the TXT Value. We recommend leaving the TTL Value as the default. To finish it all off, click on Add Record.
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How Much Does A Ca Domain Cost
How much does a domain cost to register? What value does it bring to your business?
Short answer: Youll typically pay $10-$20 per year for a .CA domain name.
But arent some domains free? And dont some companies pay thousands of dollars to obtain the rights to a domain that was previously registered?
Theres a lot more to domain name prices than you might think. Let us try to clear things up for you to make sure youre getting a good deal.
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However, with 2 billion websites in existence, it can be difficult to find or create a relevant, high-quality domain that isn’t already in use or doesn’t infringe on another website’s URL.
Domain cost will also vary depending on the domain extension, your domain registrar, your domain renewal length and local fees incurred.
Additional Domain Costs
Renewal pricing: Many web hosting and domain name providers offer a special rate for the first year as an incentive to sign up with them. But domain names have to be renewed, and these prices usually increase after the first year. The average renewal price for a .com domain is between $8.27 and $29.99 per year. If you want to lock in a price on your domain name, you can pay for multiple years upfront. With most domain registrars, you can prepay for a domain for up to 10 years.
Having your domain listed publicly could lead to future opportunities and partnerships, but when your contact information is readily accessible, you might also receive unwanted spam and emails. Domain privacy is often available as an add-on feature that hides your private information. Some registrars offer this service for free, but pricing will vary depending on your provider.
Premium Domain Names Are High Cost, High Value
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