How Much Does a Domain Name Cost Per Year?

 

When running a business, cost is one of the most important aspects associated with the services and products your company purchases.

Domain names are no different. The domain name associated with your business will help link customers to your online information and services. Your domain is essential to your company, so you have to make sure you are keeping up with domain costs so you don’t lose any of your online content.

One of the most important questions business owners have to consider is: “how much does a domain name cost per year?”

The answer to that question varies. Many times, small businesses in particular will find a domain registrar site that offers domain name renewals at a very low cost. While this may be perfect for those who are managing a few sites on their own, it isn’t conducive for businesses who are looking to flip domain names for profit.

In this article, you will learn why it is important to research the domain registrar site that you purchase and renew your domain name with. You will also see a domain name renewal cost comparison and learn about the top 10 domain registrar sites and their renewal fees.

Why You Have to do Your Research

As previously mentioned, the cost of a product or service is very important when it comes to business budgeting. Your business’ goal should be to spend the least amount of money while still getting the best services possible.

One of the biggest reasons to research domain registrar sites is discounts and promotions. There are several domain registrars, like GoDaddy for example, that offer money-saving coupons. Others tend to offer large discounts as promotions.

You should also research the domain registrar you use so that you’re aware of everything you are (and are not) getting with your domain purchase and renewal. Many sites charge you hidden fees, and it may end up being more costly than you think. Additionally, fees may increase as times goes on, or security may not be optimal.

The Top 10 Domain Registrars

The Top 10 Domain RegistrarsNow that you know why researching your domain registrar is so important, you may feel a bit frustrated. After all, researching a domain registrar takes some time and can just be added work based off of what you already have to do.

If your plan is to simply purchase one domain name, getting worried about the price isn’t really necessary as long as you’re using a more reputable registrar like the ones from the list below.

Luckily, you don’t have to look any further to learn more about the top 10 domain registrars. Just keep reading!

GODADDY

GoDaddy is one of the world’s best-known domain registrar sites. It offers domain names for as low as $0.99, which is great for small businesses looking to keep costs to a minimum. You can also easily browse for available domain names!

The renewal fees depend on the extension of your domain name, be it .com, .net, .org, and so on. You can renew your domain name for as low as $7.99 on GoDaddy.com. Again, it pays to look for coupons during this phase as well. A great place to find GoDaddy coupons is here. Just make sure you go to the last page in the thread.

One exciting feature that this domain registrar site offers is the domain discount club. The discount club offers year-round domain savings, industry-low pricing, CashParking Premium, full access to GoDaddy auctions, and renewal savings of more than 40 percent.

GoDaddy also offers technical and sales support as well as a chat support system.

NAMECHEAP

NameCheap.com offers top domain names for as little as only $0.88. This registrar features several DNS servers that are spread across the U.S. and Europe to provide optimal site function no matter where you are!

Additionally, NameCheap offers WhoisGuard protection included in their pricing to assure that your information isn’t accessible to the public. Just like GoDaddy, NameCheap also features a 24/7 customer service help line to assist customers with their purchases. They easily have some of, if not the best customer support in the entire domain name industry.

Renewal fees are as low as $6.99 and can be renewed for up to five years, so you don’t have to worry about remembering to renew each year.

DOMAIN.COM

Domain.com offers .com names for $9.99. The only downside of this site is that the top-level domains are rather limited when compared to what you can get from GoDaddy or NameCheap.

Annual pricing for these domains can cost up to $154.95 per year, with the lowest renewal rate being $2.99. The only catch is that many of the cheaper domains will cost you more when you renew each year.

UNIREGISTRY

The top-level domains (like .com and .org) will cost you a bit more on Uniregistry than they will on some other sites. However, the renewal fees are about the same as the registration fee you will pay. There are more than 4,000 domain extensions that you can choose from, all at a price that can fit your budget.

The .com renewal fee is only $10.88 with Uniregistry.com, which is lower than almost every registrar around. This site offers a variety of promotions and even tells you how long the promotion will be available for use. Many promotions will save you more than 50 percent on your registration or renewal fee!

GOOGLE DOMAINS

Google has some benefit when you are looking into the domain registrar you should use. The benefit is that Google is a well-established, well-known company, so you know your services will be high-quality.

Google Domains simply charges you the same amount you pay in registration fees for your renewal. For example, the site offers .com domains for $12 a year. The domains also can come with email linked to your gmail account. Another great feature of Google Domains is that it allows you to purchase up to 10 years of domain registration.

NETWORK SOLUTIONS

Network Solutions is probably one of the pricier of the domain registrar site options. The company charges up to $37.99 per domain, although some special pricing allows people to renew for around $10.

However, Network Solutions does offer a free online account management tool and 24/7 customer support from real people which is a plus.

MONIKER

Moniker offers a ton of TLDs for an affordable price. The company often offers promos so that you can save on your domain registration price. The renewal fees are similar to Google Domains’, where the price to renew is the same as your first year of registration.

A .com TLD on Moniker is usually available for $11.99.

DYNADOT

On Dynadot, you can renew your .com website for only $8.99! The site offers several options for TLDs, including a .us TLD that costs only $1.99 to register and $7.99 per year to renew. Each TLD has its own features on privacy and includes its own restrictions.

REGISTER.COM

Another affordable registrar is register.com which offers domain names for as low as $6.28 a year. The .com domains will cost you only about $8.88 each year, to give you an idea.

HOVER

Lastly, Hover is a bit pricier, but not as pricey as Network Solutions. A .com site will cost you $12.99 to register and $14.99 to renew each year. However, it does include WhoisGuard privacy protection and offers savings if you own more than a few domains.

Conclusion and my Picks

As you can see, there are several options that you and your company can look into when it comes to choosing the right domain registrar site. I hope that this was helping in helping you learn how much a domain name costs per year, and what options are out there.

I personally tend to stick to GoDaddy, but much of that is due to their marketplace that I utilize daily buying and selling domain names. If you only had one domain name in mind, say for your brick and mortar business, I would probably recommend going with NameCheap due to their low costs and top-notch customer support. I recommend taking a look at these sites and your budget to choose the best option for you.