Where do you buy a domain name

Domain Buying Guide: How to Buy a Domain Name from a Registrar or Existing Owner

* Updates: Facts checked and new industry statistics added.

It was back in 1985 the first domain name was registered and since then the internet has seen an exponential growth in active domain names.

Verisign's report notes that the domain industry will see 5.1 percent annual growth in 2019 (Q3), netting in nearly 360 million registered domains and will continue to grow.

It was back in 1985 the first domain name was registered and since then the internet has seen an exponential growth in active domain names.

Verisign's report finds that the domain industry will see 5.1 percent annual growth in 2019 (Q3), netting in nearly 360 million registered domains and will continue to grow.

Given how important a digital presence is in today's tech society, it makes sense for a brand, be it a large conglomerate or a one-man digital agency, to own a domain name.

If you don't have one yet, or just need a little guide to domain names, read on. We'll share with you the details on how to buy and register a new beginner domain!

What is a domain name?

If you want to start a website, you need a domain name. But what the hell is a domain name anyway?

It is basically a chain of recognizable words that when you enter the browser it will redirect the user to your server IP.

You see, when a website is created, it often comes with a unique address called Domain Name Servers (DNS), which often looks like this:

NS1.VD345.NETHOST.NET NS2.VD345.NETHOST.NET

It's hard to remember and hard to type. Because of this, it is easier for users to memorize and type a unique domain name.

For more technical details on the domain name, please read Jerry's guide.

Domain name suggestions

Your domain name is your identity. This is how people find you, the name that customers pass on to others.

Needless to say, nothing is more important.

Give your business a step in the right direction in choosing the perfect domain name - here are some tips on how to find cool domain names.

  • Keep it short and easy to remember (our Web Hosting Secret Revealed domain is a bad example!)
  • Avoid trademarked names
  • Get a .com or .net whenever possible
  • Don't be afraid to make up a word or use a compound word (think FaceBook, YouTube, Google, LinkedIn).
  • Before you buy, write it down and read it repeatedly (Example: Be very careful if your company name is Dickson Web).

Naming a website can be quite tricky, especially if you are new to the entire website and branding. And if you're just like me, you might spend hours brainstorming on a name only to end up with a list of shitty names.

Here are some domain name generators to help you brainstorm domain name ideas.

How do I buy a new domain name from the registrar?

There are two ways to get your own domain:

  1. Buying and registering a completely new domain, or
  2. Buy one that currently belongs to someone else.

Both options have advantages and disadvantages. Ultimately, it's up to you whether you want to pay for expensive but well-known addresses (active domains) or for cheaper but lesser-known addresses (brand new domains).

One thing to be aware of is how to name your domain.

As mentioned earlier - having a really good domain name can be the deciding factor in setting or breaking your brand. So choose one wisely.

1. Check the availability of the domain

Now that you've decided on a really great domain name, it's time to check whether the domain name you want is available or not.

Checking that a domain name's availability is easy enough. You can do a simple search with one of the domain registrars. or use a whois search engine to check if your domain name is available or has already been taken.

If the domain name you want isn't available, try to see if other extensions are available instead.

2. Register your domain name with a registrar

The domain name you have chosen is perfect and you have checked that it is available. Now is the time to register the domain name yourself.

Simply add your desired domain to the cart and proceed with payments. and the domain is now yours.

How much do you have to pay for a new domain name?

Many factors that can determine the price of a domain name. Some of these reasons could be:

  • The extension of the domain name (example: .com, .shop., .Me)
  • Where did the domain name come from (different registrars different offer prices)
  • The length of the term or any other add-ons you want (example: adding privacy for the domain, multi-year term, etc.)

While it's difficult to estimate exactly how much a domain name can cost, you can generally pay anywhere from $ 2 to $ 20 per year, depending on any discounts or specials the platform offers.

A good rule of thumb is that newer domain extensions (.global, .design., .Cheap) can be a bit more expensive than the normal domain extensions (.com, .net) as they have only recently been on the market.

Tips on savingto new domain

  1. You can get free domains from a few hosting providers including GreenGeeks, InMotion Hosting, and Hostinger. To attract new customers, some hosting companies give away free domains to their first-time customers. If It's Your First Time To Host A Website, You Can Save Some Money By Hosting With These Web Hosts.
  2. NameCheap runs special promotions every month - you can check their website page before buying a new domain.
  3. Also check out The Best Place to Find and Register a Domain Name

How do I buy an existing domain name from its owner?

What if you want to buy a domain that is already active?

You can choose to buy active domains and transfer ownership through services such as a domain escrow.

What is a Domain Escrow Account?

A domain name escrow is essentially an independent third-party provider that supports the process of selling / buying domain names on the internet. These websites provide a safe way for buyers to acquire domain names from sellers who want to let go of their domain name.

There are a number of domain name escrow services out there, but here are a few you can check out: Escrow.com, Sed, and Buy Domains.

How to acquire domains with Escrow

Let's say you've found a domain name and both you and the seller have decided on the amount. The puzzle becomes: how do you safely pay the money and make sure the owner transfers the domain ownership to you?

That's where escrow comes in. You can use escrow services to make sure the transaction goes smoothly. How do you actually do it? Here's how:

  1. Set up an escrow transaction between you and the seller
    Register an account with an escrow website and determine the terms of the transaction between you and the seller, which includes the domain name and the selling price.
  2. Make your payment to the trust company
    Once you have decided on the amount, make your payment (by wire transfer, credit card, or any other method) to the escrow company.
  3. The domain name will then be transferred to you by the seller
    When the trust company receives and verifies the payment, they instruct the seller to transfer the domain name to you.
  4. Confirm that you have obtained ownership of the domain
    You will need to confirm with the escrow company that ownership of the domain name has been transferred to you. Use WHO IS or WHSR tool to check if the owner profile has been updated or not.
  5. The seller receives the money from the escrow service site
    The trust company will verify that the domain name has been transferred and they will give the money to the seller, minus their fee. (You can decide beforehand which party will pay the fee or split it in the middle.)

How to determine the value of a domain name in use

If you are looking for a used domain name that can usually be found at aftermarket services, private sellers, and auction houses, you will find that its value can be anywhere from a few dollars to six or more seven digits.

This may not be the best place to get a domain name if you're just starting out.

How an existing domain gets its price can be determined by a number of factors including length, language, trends, and demographics. There is no single method that can be used to get the perfect price. However, there are ways to give you an estimate of a domain name and you need to do a little research.

1. Using recent domain sales

A good rule of thumb to understand how domains are rated is to look at recent sales. A look at recent sales can give you an idea of ​​what types of domains are being bought and for how much.

DNJournal publishes a Domain Sales Report which they update regularly, listing domain names recently sold by several premium domain services. As you browse through it, pay attention to the domain's keywords, length, and other factors to get an idea of ​​how a domain name is rated.

It's important to note that the report only covers a small number of domain names, so it isn't exactly the most comprehensive list.

2. Using online domain valuation tools

The other way to find out the value of a domain is through a domain valuation service or an online valuation tool. On these pages you can enter a specific domain name and receive a suggested price.

A couple of the pages that you can check out are Estibot, WebsiteOutlook, and URL Review.

These websites determine the value of a domain based on SEO-relevant factors such as search rank, keywords, Alexa rank, monthly search queries, number of search queries and cost per click.

One thing to keep in mind is that different websites can give you different estimates. A good plan would be to take several different sources and compare them to get a better estimate of a domain name value.

Again, there are no definite prices for buying a domain name, and you can expect them to fluctuate frequently. If you want a general idea of ​​domain name prices, you can buy from sites like Afternisch or Domains to get a feel for the cost.

Sit on a domain and get to work

By now, you should have enough information to register a custom domain name for your brand or business yourself.

Whether they are website builder or domain registrar websites, owning a domain name should be the first thing you complete before getting started. Once you've done that, it's time to focus on creating your website.

About Azreen Azmi

Azreen Azmi is a writer with a penchant for writing about content marketing and technology. From YouTube to Twitch, he's trying to keep up with the latest content and figure out how best to market your brand.

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