I have been purchasing domains since 2002-2003 and for a good part of that time I’ve been using one company in particular – NameNova. It’s not a well know company. In fact if you try to Google the name it won’t even show up. After doing some digging, I found out that NameNova is a Reseller, apparently through GoDaddy. What does that means?
The owner of the company where I been purchasing my domain names from sells this particular service (and others) to the public and is set up through GoDaddy. You do not see any of GoDaddy branding; it’s their business.
From Wikipedia, the free encyclopedia –
A Domain Name Registrar is an organization or commercial entity that manages the reservation of Internet domain names.
For all of the years I been using them, I have never saw any of the deals or promotions that GoDaddy would run. I still thought I was getting a fair price though. I only have one problem when I tried to cancel a domain name but the issue was with a third-party and the type of privacy protection I had purchased.
I should also mention that at one point I thought about transferring my domains to GoDaddy. Well you know, they are best known for cheap domains but not the best for hosting, especially WordPress websites.
For some reason this plan was put on the back burner until last month. See I start planning out my very first e-course. My goal of the e-course is to help people create a website for under $300.
One element that you need is a domain name, so I started comparing prices. I settled on two places GoDaddy and NameCheap (affiliate link), a company that I was just introduce to. After some careful comparison I decided that NameCheap was the better choice.
Most people purchase their domains during a promotion or sale. They tend to overlook that when you go to renew it will be at the regular price. That regular price came be a shocker if you aren’t prepared for it.
Secondly, you must add your information: name, address, and number, as well when you get your domain. All of this information can be seen by anyone who decides to check the WHOIS database to find out who the owner of the name is.
Many people aren’t aware of private protection and what it does. I was once in the dark about it until I started getting spam mail at home. It was letter from some domain company trying to get me to use their service.
Since then I’ve been purchasing private protection all domains.
Then it hit me. I am paying way too much for privacy.
One of the numbers I was comparing during my research was the cost of private protection. And to my surprise I was over paying. I currently pay $10 per domain per year.
If you have more than two domains that cost will start to add up. That’s money I could be reinvesting in other areas of my business. All that will change now. This year I want to focus on my business finances.
I want to be strategic about my spending, making sure that I can first covered the necessary expenses such as Taxes, and any legal paperwork like Trademarks, Filing for DBA, etc.
So with that said I plan on transfer all of my domains that are up for renewal this year to NameCheap (affiliate link).