You need more than an idea and hosting plan to set up a web site. You also need a domain name. A domain name is your unique address on the Internet. Cheapwebhostingreport.com, google.com, microsoft.com, and yahoo.com are examples of domain names.

Why “Free” is sometimes bad

Many web hosting companies will offer to give you a domain name when you sign up with them. This can be a great deal, provided they register the domain in your name. Unfortunately, some hosting companies register the domain in their name. That means that they own your address and they don’t have to let you move your domain name to another web hosting company. This can be very bad. It would be like someone else owning the name of your company. So before you take advantage of free domain registration with the hosting company you choose, be sure that they register the domain in your name. If they do not say they do, it’s probably safest to assume that they do not.

Fortunately, registering a domain name is simple and inexpensive. Unlike a few years ago when one company had a virtual monopoly on commercial domain names, there are now a large number of registrars to choose from and competition has lowered prices and increased the ease of domain name registration.

What to Look For

There are two important things to look for in a domain registrar: reliability and location. No one knows exactly what will happen if a domain registrar goes bankrupt. There are supposed to be safeguards in place to protect domain registrants from losing their domains, but you don’t want to be one of the people testing these procedures, so a solvent, reliable domain registrar is a must. Location is important because domain registrars are subject to the laws of the country where they are located and some have been known to refuse to grant (or worse yet, grant and then take back) domain names that are unacceptable under the laws of their home country. A registrar in the US may be your best bet if you have possible “freedom of speech” issues with the domain name (or the site contents in some cases) you’d like to use.

What to Avoid

Most registrars now offer all sorts of additional features — like web hosting. Most of the web hosting plans we’ve seen at domain registrars are feature poor and over priced. If you are tempted by one, think twice and check out other hosts before buying web hosting from your domain registrar. Many will try to make it sound like it is a lot of extra work to host elsewhere. It isn’t. All you have to do is point your domain account at the registrar to the nameservers your web hosting company gives you. This involves typing two urls. It is not hard at all.

My clients and I have had good luck with the following three domain registrars.

First Choice: GoDaddy http://www.cheapwebhostingreport.com/zgodaddy.php

Our current first choice of an affordable, reliable, US-based domain registrar is one of the most popular domain registars, GoDaddy. They can register .com, .net, .org, ..biz, .info, ,ws, .us and .name domains for $9.95 a year or less (and there are additional discounts when you register for multiple years). If you already have a domain name and are still paying $35 dollars a year for it, you can reduce your domain costs by transfering you domain to GoDaddy and paying just $7.95 (for most types of domains) to renew your domain for an additional year.

Second Choice: Dotster.com http://www.cheapwebhostingreport.com/zdotster.ph

Dotster.com is our second choice of an affordable, reliable, US-based domain registrar. They can register .com, .net, .org, .biz, .info, .us and .name domains for $14.95 a year (discounted when you register for multiple years). If you already have a domain name and are still paying $35 dollars a year for it, you can save money by transfering your domain to Dotster and paying just $8.95 to renew your domain for an additional year.

Third Choice: Yahoo http://www.cheapwebhostingreport.com/zyahoodomains.php

Many of my small business clients like Yahoo Small Business. They only register ..com, .net, .org, .biz, .info, .us domains and they charge $9.95 a year, but many small business people seem more comfortable with a major name brand — and Yahoo qualifies



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In a current economy domain name investing might be one of few opportunities that save your property from foreclosure.

According to a recent Verisign report, over 162 million Top Level Domain Names (TLDs) have been registered this year up until the end of the first quarter of 2008.

This represents growth of 26% percent year over year and 6% growth as a quarterly comparison.

The Verisign June Domain Name Industry Brief states the company processed peak loads of more than 50 billion Domain Name System (DNS) queries a day during the first quarter of 2008.

WHAT IS IN IT FOR YOU?

In a current economy when hundreds of thousands people loose their jobs, and investing in neither real estate nor public stock pays off, investing in a web name, domain is a fantastic opportunity.

The .com domain extension is still the most popular, but it’s extremely hard nowadays to locate premium domains directly from domain registrar (a company accredited by the Internet Corporation for Assigned Names and Numbers (ICANN) and/or by a national ccTLD authority to register Internet domain names).

But even buying a domain from wholesalers and playing aftermarket trading can pay off few folds.

DO YOUR MATH:

If you ever tried to start tech venture and raise venture capital, you might know that VCs expect the highest return on their investment. 500% is considered great return even by players of high risk investment games that bet millions dollars on each horse that potentially can exist on public market or via acquisition.

You can easily invest in internet domain names very modest amount of money and expect 500% ROI.

Let’s say you buy 1-10 premium brandable domains from a wholesaler for $5000 each.

Even by only holding the domain for few years without developing them, you can easily sell your premium domains for $25,000 each and have $20,000-200,000 net profit (depending on the size of your portfolio) while doing nothing.

Why? Because in 2-3 years Internet will grow beyond ones imagination, more and more laid-off professionals will become self-employed and start registering their businesses and build web sites. But there are only so many premium domains that consist of 1-2 words are available. Doubt it? Try to locate quality brandable domains and see for yourself.

Here are some premium domains, potentially very profitable, that you can buy from aftermarket for a reasonable price and sell few years later with great profit without lifting a finger:

http://www.DomainsThatScream.com

IDEA on how you can make money from the domain above:

The domain is great for affiliates of hosting and related services.

http://www.Adsensetion.com

http://www.SmashingAd.com

IDEA on how you can make money from the domains above:

These premium domains can be sold to advertising agencies, marketing, graphic and web design companies.

http://www.Salecstasy.com

http://www.SalesEcstasy.com

http://www.BuyersJam.com

http://www.BuyerJam.com

http://www.SmashingStore.com

http://www.SmashingShop.com

IDEA on how you can make money from these domains:

Those are top domains that are suitable for those for e-commerce, on-line retailers and their affiliate partners.

http://www.CRMdesigner.com

http://www.CRMjam.com

http://www.ProfitCRM.com

http://www.ChangeCRM.com

http://www.DynamicsCRMdemo.com

IDEA on how you can make money from these domains:

Those are fantastic URLs and soon will be in tremendous demand by customer relationship management (CRM) software companies, their resellers, referral partners and on-line affiliates.

http://www.LawyerJam.com

http://www.LawyersJam.com

http://www.LegalTribute.com

http://www.LawyerRocks.com

http://www.YourLegalAction.com

http://www.LegallyChallenged.com

IDEA on how you can make money from these domains:

Those are very profitable domains that you can sell to legal firms, individual lawyers, their referral partners and on-line affiliates.

http://www.AccountingJam.com

http://www.AccountantJam.com

http://www.AccountantsJam.com

IDEA on how you can make money from these domains:

Those are very profitable domains for legal firms, individual lawyers, their referral partners and on-line affiliates.

http://www.VoteOrganic.com

http://www.ProceedOrganic.com

http://www.AimOrganic.com

http://www.TargetOrganic.com

IDEA on how you can make money from these domains:

Those domains are great investments and can be sold to green, sustainable companies.

http://www.SmashingLoan.com

http://www.SmashingLoans.com

http://www.LoansMystery.com

http://www.Loanier.com

IDEA on how you can make money from these domains:

Those are domains with profitable keywords – great opportunity for accounting firms, individual accountants, their referral partners and on-line affiliates.

http://www.SolarGiver.com

http://www.SolarSpeaks.com

http://www.SolarToBe.com

http://www.SolarJunkies.com

http://www.SolarMastery.com

http://www.SolarItIs.com

http://www.SmashingSolar.com

http://www.ProceedSolar.com

http://www.DoingSolar.com

http://www.SolarDo.com

http://www.SolarTribute.com

http://www.AnnounceSolar.com

http://www.SolarEcstasy.com

IDEA on how you can make money from these domains:

Those domains are great investments and can be sold to alternative energy, green, sustainable companies, solar product manufacturers and resellers.

http://www.RestateBuddies.com

IDEA on how you can make money from these domains:

Great investment. Can be sold to real estate listings, developers and marketers.

http://www.tantra-girls.com

IDEA on how you can make money from these domains:

Fabulous domain that can generate a lot of traffic to tantra lovers and spiritual development fans.

http://www.VirginEthiopia.com

http://www.VirginPhilippines.com

http://www.VirginBangladesh.com

http://www.VirginUkraine.com

IDEA on how you can make money from these domains:

Those domains are great investments for photographers. Can be sold to travel agencies, resort developers etc.

___________________________

You even can develop your domains in simple informative web sites and monetize them by placing Google AdSense and affiliate links. It can bring you steady passive income before your big sale day comes.

Still not convinced? Then watch your bank account shrinking during next 5 years while global economy is in the dust.



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Backordering for a domain name is a well-known process used by a number of traders. At present, domain backordering service firms offer five different types of model that focus on targeting different stages of domain deletion cycle. Each one of these models has its own weaknesses and merits. Domain backordering is also a preferred process that can yield you very good results. However, there may be a small glitch in the standard backordering process, as the success or failure depends entirely on the level and efficiency of coordination and assistance between different registrars, the cost of backordering and the inclination of an traders in using such a service.

Tip: If you want to enhance your domain backordering success rate, you may wish to subscribe to a number of backordering services.

Let us know what exactly domain backordering is! It is a useful service that tries to register and grab an expired domain for and on behalf of a subscriber before others grab and registers it. Backordering is an extreme natured process, when you want to buy a very good domain name before other pounces on it. However, not all of them can be backordered as the owner of the domain might renew a particular domain before its final deletion or the domain might be even under the Hold status facing a trademark or intellectual property ownership dispute.

Domain Backordering process:

All domain names are registered for a predetermined period of one to ten years and the owner of the domain can renew his or her domain within this period. If the owner fails to renew the domain name, then the domain in question will go through a series of processes until its final deletion from the registry. Here are the stages of a domain deletion cycle:

Expiration of registration: Once the owner fails to renew a particular domain, the registrar will place that domain under the Register-Hold status when the said domain can only be renewed. The grace period offered by registrar vary from 30 and 45 days. But, the domain will be disabled, so that the owner will not be able to use more common features of the portal like e mail and links. To get back these features, the owner must pay the renewal fees along with penalty fees.

Deletion: At this stage, the registrar will delete the non-renewed names.

Redemption Period status: At this stage, the expired domain name can only be restored and not modified or ejected. Requests for any changes will not be entertained at this stage. The domain will remain in this stage for a maximum of a month, during which the owner of the domain can get back the domain by:

Contacting the registrar

Paying off the required fees including a penalty fee of around $200. Once the required fees are paid, the domain will enter a stage called “Pending Restore” that be in vogue for a period of seven days. At this juncture, all features like email access and web pages are restored back to the owner of the web site. Soon, the registrar will submit a restore certificate to the Registry. Soon after the Restore command and Restore reports are approved, the domain will go back the active status.

Pending Delete Stage: If a domain stays in the Redemption period even after five days, it will be move over to the Pending Delete stage that lasts for about 5 days. At this stage, the domain will be deleted finally; either the registry or the registrar cannot change the status of the domain.

Deletion Stage: Soon after the sixth day, the registrar will delete the name from the registry. At this stage, the major registrars will release their stock of expired domain names in batches at 6.30 AM.

Hint: Registrars will have in insider information about the deleted names five days in advance and some of them may even pass on this sensitive information to speculators around the world. The batch release is unique and special to VeriSign, while others delete expired domains in a real-time mode within 45 days after the original expiry date.

The last one or two phases are the most critical time period for an expired domain trader, as it is the occasion when most of the good domain names are grabbed by smart domain name traders. Domain name back ordering process comes to your immediate help during this time and you can also grab very good domain names by using this process.



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