“Money saved is money earned” and this is one quote that I believe in to the core. If you able to save even a $1 on anything, you have not saved money, but you have earned an extra dollar today. Earlier I shared a guide on how to save money on hosting renewals, and today I will be sharing this guide for domain buying or domain renewals.
Domain business is growing, and now everyone these days have at least one domain with them. Buying a domain is not very costly, and one can buy domain names from as low as $3 to $15 (Popular extensions like .com, .org, .in) and so on. Usually when you buy a domain from a popular domain registrar, you can get a coupon code to buy it for a low price, but the price goes higher when you are renewing your domains. Few domain registrar like Godaddy offers some discount on domain renewals, but that saving is very less, and here are some additional tips to know and learn about saving money on domains.
In this guide, I will be giving you few tips which will help you to buy domain at cheap price, and tips on saving your money on domain renewals.
Save Money by getting free domain with hosting:
In most of the cases, you need a web-hosting along with domain, and this is where you can save money by not paying any thing for your domain. If your case requires you to purchase hosting along with domain, you should opt for such hosting company which offers free domain with hosting. For example: When you buy a hosting package from Bluehost or Dreamhost, they let you register one domain name for free along with who.is guard.
- Exclusive Shouter Offer: Get 2 free domain with Dreamhost hosting
If you already have an existing domain, and looking for hosting; opt for Hostgator. Hostgator offers free 1 year domain renewal of primate domain on your hosting account. All you need to do is, move your domain to Hostgator, and they will do one year renewal for free.
Look out for domain coupon codes:
If you are buying a domain name for the first time, you should opt for popular domain registrar companies, and Google for the latest promotional coupons and codes. You can Google something like
Replace $month with current month, and you will find many coupon codes. Some coupon codes are so good that they will let you grab domain for as low as $1.29. If you don’t want to spend a lot of time looking for domain coupon codes, you can take advantage of honey browser extension, which will search and give you the best available coupon code for popular domain registrar.
Why renew domains when you can transfer
Webhosting and domain business is all about getting new customers, and to attract new customers, they usually have great deals for domain transfers. Usually if you renew your domain with current domain registrar company, you need to pay around $12 for a .com domain renewal, but by transferring to any other domain registrar company, you can save a lot. You can find good transfer coupon codes on sites like Namecheap to migrate your domain to them, and save money.
To transfer a domain from one registrar to another, here are quick steps:
- Unlock your domain at your current registrar.
- Get the EPP code (Domain authorisation code).
- On new registrar, look out for domain transfer option, add domain and EPP code and initiate the domain transfer.
Domain transfer usually takes 2-5 days, and your website will not go down when you transfer a domain. Though do remember, most of the domain registrar doesn’t allow transfer away of domain for initial few days (60-90 days).
Above 3 tips are useful for people having 2-3 domains, but when you have lots of domain with you, it’s kind of tough to follow the above tips due to management issue. To solve this, you can use online domain management service like dominder to manage all your domains, and never let any of your domain expire.
Another important thing which you need to know or remember is; don’t buy domains until you have a prototype of your website ready. Most of us who works online, are impulsive buyer. In last 4 years, I have purchased more than 30 domains, and out of them 14 are in non-working mode. I bought those domains thinking that I will use it in future, but those ideas never turned into reality. If we do a simple math, I have spent over $300 in last 3 years for domains which I have never used or not even planning to use now. These days, I usually note down my new online business idea, but purchase domain only when my business plan is ready, and all set to be executed.
Now depending upon your situation, you can use any of the above tips to save money on domain buying and renewals. If you have an additional tip to share, feel free to let me know via comments. If you find these tips useful, do share it with your friends on Facebook and Google plus.