Stop Wasting Money On Domain Name Renewals

47 replies
I just posted a code discount for GoDaddy domain names
and it made me think how many other people perhaps just
blindly pay their renewals every year without question.

I had a .ws domain name come up for renewal the other
day with GoDaddy and they were asking $39 to renew it.

Well, I thought that was a little expensive so I went looking
for a discount coupon but the best I could get the price
down to was $35 so even that gor me thinking there must be
a cheaper alternative.

Anyway a simple transfer of the domain name to NameCheap
cost me $24, a saving of $15 off the standard price or $11
off the discounted price.

I am not sure about you but over the last 10 years on the internet
I have accumulated about 200 plus domain names, mostly .com, and
everyone of them I apply a discount to.

Occassionally I kick myself because some of the domain names
are on auto-renew and for some reason I miss them and they get
charged at the top price, $11 odd with GoDaddy.

So I topped up roughly what I am saving a year and it must
be around $1,000 per year just by getting the discounts on
renewals.

This shows that although it's important to make money it's
just as important to watch what you spend.

BTW this doesn't include savings you can make on SSL certificates
or other products.

It all adds up.

Terry
#domain #money #renewal #renewals #stop #wasting
  • Profile picture of the author Ruth P
    I agree - I always look out for coupons or better deals with other registrars when my domains come up for renewal.

    The only thing you need to be careful of is that you don't leave it til the last minute, so you have time to transfer the domain to a different registrar if necessary. And that you stay organized so you don't forget all the different registrars you use (that's my biggest problem!)
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    • Profile picture of the author terry1288
      Hi Ruth

      That's very true.

      There's no substitute for getting these things orgainized
      and down in writing.

      My renewals come through pretty evenly every month of
      the year so I sort of set myself a task to check every month
      and then go through the renewing process.

      That .ws domain name surpised me as I had left it to the day
      just before renewal but still managed to get it through.

      Not a good idea and I fully intend to try and do these things
      more in advance in future.

      Terry
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  • Profile picture of the author Heidi White
    Good tips Terry,

    I've always found Godaddy to be more expensive - and basically annoying because it takes so long to purchase a domain (all the add-ons and upsells before you can finally check out!)

    But the point about not just blindly auto-renewing is good - even Namecheap charges full price for a renewal - I mean - why wouldn't they?

    Heidi
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    • Profile picture of the author terry1288
      Hi Heidi


      I have seemed to get all my domains with GoDaddy although
      I do use a couple of other registrar's for a few domain names.

      With the dicounts they don't work out too bad but I will defineately
      look to see if there is anyone cheaper, if they are reliable.

      I have to agree that GoDaddy checkout system is a nightmare
      but I guess they make more money through it so they keep
      on blasting you with all their offer's.

      I know my way around it now but for newbies it must feel
      like entering an unescapable maze.

      Terry
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  • Profile picture of the author Super Warrior
    All of my domains are on auto renew but I've a habit to renew them manually before they are expired. I always use coupon codes while renewing. Definitely, it saves a lot!
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  • Profile picture of the author sbucciarel
    Banned
    Originally Posted by terry1288 View Post

    I had a .ws domain name come up for renewal the other day with GoDaddy and they were asking $39 to renew it.

    Terry
    $39 to renew a stinking .ws? That's insane.
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    • Profile picture of the author terry1288
      Originally Posted by sbucciarel View Post

      $39 to renew a stinking .ws? That's insane.

      I agree.

      I have had that domain for something like 6 or 7 years
      now so thought it was worth keeping, if only to sell later
      on.

      Terry
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      • Profile picture of the author Bentley74
        I definitely hear you there (these things can add up)!
        I like 1&1 because they tend to be quite cheap, and offer free private registration if you need it. They are pretty sneaky though - they lure you in with really awesome deals (I think they might still have their 99 cent .com deal going on right now, in fact) and then auto-renew at the regular price ($9.99 - so not TOO bad).
        I've found it to be a wee bit of a pain to cancel domains with them as well (just a somewhat involved process).

        Good to "trim the fat" periodically, otherwise these costs can sneak up on you over time!!

        B
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  • Profile picture of the author xxxJamesxxx
    I'm guilty of not canceling my domain renewals. It's not much but when you've got a few passively sapping your money, I could imagine it'll add up pretty quickly.

    James Scholes
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    • Profile picture of the author terry1288
      Originally Posted by xxxJamesxxx View Post

      I'm guilty of not canceling my domain renewals. It's not much but when you've got a few passively sapping your money, I could imagine it'll add up pretty quickly.

      James Scholes
      It depends on the domain name but rather than just
      cancelling them it might be worth trying to sell them
      instead.

      Terry
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  • Profile picture of the author art72
    Great advice Terry!

    I actually started (blindly) buying my first domains back in February of this year.

    Honestly, being I am now close to having some 200 domains, the thought occured to me the other day, that the next 5-6 months will likely pass by rather quickly, and several of those domains will NOT be worth renewing.

    If I remember correctly, GoDaddy generally sets domains for auto-renewal, unless you manual configure them at the time of purchase. As such, I imagine several of my earlier purchases need to be changed to "manual" before that time comes.

    Definitely appreciate the 'option' to shop for cheaper renewals, the thought never even occurred to me... great advice!

    All the Best,

    Art

    PS - I just opted-in for GoDaddy's "Discount Domain Club" for $89.00 (1 Year). Not exactly sure if it will help those buying 1-2 domains, but if your a "domain nut" like me and find yourself buying 10-12 per week, definitely worth looking into.
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    • Profile picture of the author terry1288
      Originally Posted by art72 View Post

      Great advice Terry!

      I actually started (blindly) buying my first domains back in February of this year.

      Honestly, being I am now close to having some 200 domains, the thought occured to me the other day, that the next 5-6 months will likely pass by rather quickly, and several of those domains will NOT be worth renewing.

      If I remember correctly, GoDaddy generally sets domains for auto-renewal, unless you manual configure them at the time of purchase. As such, I imagine several of my earlier purchases need to be changed to "manual" before that time comes.

      Definitely appreciate the 'option' to shop for cheaper renewals, the thought never even occurred to me... great advice!

      All the Best,

      Art

      PS - I just opted-in for GoDaddy's "Discount Domain Club" for $89.00 (1 Year). Not exactly sure if it will help those buying 1-2 domains, but if your a "domain nut" like me and find yourself buying 10-12 per week, definitely worth looking into.

      Yes, you start buying your first few domains and then as you
      keep adding more domains over the years you suddenly find
      that you have a $2,000 to $3,000 or more business liabilty
      rolling round every year that you have to fund.

      Si it's vital to make sure you have online(or offline) income
      coming in to cover this plus make a profit.

      If you have a bad month or two regards income you can find
      yourself either having to fund the domain purchases out of your
      own money or letting them lapse.

      Personally after I have had a domain for a few years I feel
      relunctant just to let it lapse so I renew anyway.

      Aged domains worth more?

      But of course you can always sell them.

      So I guess if you can look at what domains are due for renewal
      a month or two down the line you can take the appropriate
      action to sell them or just be prepared for the bill.

      GoDaddy, and I guess most other registrars, automatically
      put their domains on auto-renew.

      This is great of course so they don't lapse but auto-renew's
      go through at top dollar prices.

      Terry
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  • Profile picture of the author Paperchasing
    1&1 has been a nightmare for too many people to take seriously, IMO. I got burned by using their free hosting years ago, and learned my lesson.

    For those maintaining a large number of domains, I have a question. I'm going to be purchasing several domains over the next month, and I'm curious about a few things. It seems that, in many cases, you can get a better deal transferring a domain than renewing it. Do you ever find yourself hopping from registrar to registrar in search of the largest savings? If so, does that present any significant challenges?
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    • Profile picture of the author terry1288
      Originally Posted by Xelloss View Post

      1&1 has been a nightmare for too many people to take seriously, IMO. I got burned by using their free hosting years ago, and learned my lesson.

      For those maintaining a large number of domains, I have a question. I'm going to be purchasing several domains over the next month, and I'm curious about a few things. It seems that, in many cases, you can get a better deal transferring a domain than renewing it. Do you ever find yourself hopping from registrar to registrar in search of the largest savings? If so, does that present any significant challenges?

      Transferring any domain should be fairly easy as long as you
      can get the authorization code from the existing registrar.

      I know GoDaddy and NameCheap have an easy link to get this
      code so you should have no problems.

      Not sure about other registrars concerning this matter so it's
      worth checking before transferring what problems other people may have encountered.

      Terry
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      • Profile picture of the author Kay King
        What happens is a coupon offers a great deal if you register a domain - 99 cents or so. What people ignore is the fine print that tells you the cost to review will be far higher than other registrars - that's how they get the special deal money back.

        I don't have anything except auto-renew on my domains. I check the list monthly to see if I want to remove any and let them expire. I don't pay more than $10/year for any of my domains because I avoid the "big deals" and I just register them all the same place. Mine are all .com so that might be a difference.

        I put my time into choosing a new domain but once I have it registered, I want it on auto-pilot and don't want to worry about it. That's just me.

        kay
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        • Originally Posted by Kay King View Post

          What happens is a coupon offers a great deal if you register a domain - 99 cents or so. What people ignore is the fine print that tells you the cost to review will be far higher than other registrars - that's how they get the special deal money back.
          I just checked my 99 cent domains at GoDaddy and this doesn't seem to be true for them. I'm quoted the same renewal price as for the full-price domains.

          May be true for other registrars, though. I don't have an account anywhere else.

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  • Profile picture of the author Wild
    Is 9.99 the best price anyone is getting? I'm buying domains for $10 from enom and they have a pretty good system, but I keep hearing that other places are less.
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  • Profile picture of the author larrydcook
    Great post Terry, I like NameCheap my self I find it easy to use as well!
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  • Profile picture of the author simpleleveraging
    You can usually find coupons around with GoDaddy that reduce the price of .coms down to $7.49
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  • Profile picture of the author ICCGAMES
    Its been a long time I last visited IM Discussion in Warrior Forum. Seems I lost a lot of good stuff from here.
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  • Profile picture of the author alexmobile
    Hey guys,

    when renewal is due, it usually takes a considerable amount of time to find some good working coupon code for your specific situation. Here is my solution to this problem ....

    I have developed free MOBILE APP for Domain Coupons (currently including GoDaddy, NameCheap, Netfirms, Name.com, Moniker, DynaDot, 1and1, and more to come)

    Not actively marketing it yet b/c I want first to complete the iPhone version (currently under development). However, Android App is ready and is available as a free download from Google Market. It has been downloaded about 700 times for the first month. The app title is "Domain Coupons by DPM" or you could just go to DomainPriceMonitor.com website and follow the link there, or just search "GoDaddy" inside the Market App from your phone, my app will be 2nd in the list just below GoDaddy's official app.

    Thanks and happy mobile couponing!

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  • Profile picture of the author SteveJohnson
    There are so many working GoDaddy coupon codes floating around that if you pay full price for a renewal or new domain it's because you didn't/couldn't take the time to look around for one.

    I haven't paid over $8 for a new .com domain or renewal for as long as I can remember, and it's usually in the $5-$6 neighborhood.
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  • Profile picture of the author sjukun
    If you have many domains, you may consider to be a domain reseller. I join as reseller of Net Earth One (NEO) as I have web hosting business. Their price is cheaper and they have free private whois protection.
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  • Profile picture of the author Matt281
    This makes me want to stick with just a couple of sites. I hate having to micromanage stuff like this, and getting charged for dozens to hundreds of domains at varying times would drive me crazy.
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  • Profile picture of the author Selmicro
    Terry, with 200 domains you should have moved into the "reseller" arena a long time ago. We have reseller accounts with both Dotster and GoDaddy and the most we pay for any registrations or renewals is $9.00

    Check out the Dotster Reseller process at Reseller Program | Dotster

    You will note in step one they mention a $150 setup fee, but it is generally waved as it is right now...

    There is really nothing difficult about managing a domain name registration reseller account PLUS you can set up a page/site to resell all of the Dotster services.

    Likewise with GoDaddy, and for a small monthly fee they will even setup a reseller website for you to operate from or you can elect to create an API reseller account. These "accounts" vary from around $10 to $20 per month which is still cheaper than the amounts people are talking wasting in this thread. Besides you only have to sell a few GoDaddy products or services each month to cover the costs...

    Other Registrars have similar domain registration programs and even those with an up front setup fees would still be a better deal than what most are describing here. Besides, all that time you are wasting hunting for discounts would be better spent marketing your products and services.

    I recommend that you set up a domain registrar reseller account, then just let your family, friends and associates know that you can register their domain for them at a better price. You will probably cover any and all costs while increasing the number of domains you have registered in your account. And this will eventually get you an even better price for your own registrations and an maybe an account manager to help you grow this aspect of your internet business.
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    • Profile picture of the author art72
      Originally Posted by Selmicro View Post

      Terry, with 200 domains you should have moved into the "reseller" arena a long time ago. We have reseller accounts with both Dotster and GoDaddy and the most we pay for any registrations or renewals is $9.00

      Check out the Dotster Reseller process at Reseller Program | Dotster

      You will note in step one they mention a $150 setup fee, but it is generally waved as it is right now...

      There is really nothing difficult about managing a domain name registration reseller account PLUS you can set up a page/site to resell all of the Dotster services.

      Likewise with GoDaddy, and for a small monthly fee they will even setup a reseller website for you to operate from or you can elect to create an API reseller account. These "accounts" vary from around $10 to $20 per month which is still cheaper than the amounts people are talking wasting in this thread. Besides you only have to sell a few GoDaddy products or services each month to cover the costs...

      Other Registrars have similar domain registration programs and even those with an up front setup fees would still be a better deal than what most are describing here. Besides, all that time you are wasting hunting for discounts would be better spent marketing your products and services.

      I recommend that you set up a domain registrar reseller account, then just let your family, friends and associates know that you can register their domain for them at a better price. You will probably cover any and all costs while increasing the number of domains you have registered in your account. And this will eventually get you an even better price for your own registrations and an maybe an account manager to help you grow this aspect of your internet business.
      I have briefly looked into both domain and hosting reseller accounts, but have yet to determine 'if' I should go this route?:confused:

      There's been many threads throughout WF stating that being a "hosting reseller" is a total nightmare. I personally want to explore this avenue later, as my business develops, but until I am offering complete packages, like a membership that includes domain, hosting, and training... it seemed the risk; at the expense of my inexperience is not worth it.

      However, on the mention of becoming strictly a domain reseller, this might be worth looking into, as I currently have roughly 500-600 domains strewn across pages of research that could become valuable if developed in the right market or to the right buyer.

      Thus, I am aiming to have 500+ domains by this time next year.

      I try to limit myself to purchaseing 30-40 domains per month right now, fearing that come renewal time, this could be very costly and out-weigh any potential profits being made through site development or domain sales.

      At first, the domains I purchased were specific to a niche site, highly searched keyword(s), or associated to a project I had planned to construct and develop.

      But, as time went on, I started viewing domains like empty real estate lots.

      Naturally, the 'keywords' give some indication as to the neighborhood, and with proper research, one can easily gauge the market to determine if a .com .net . org or on a rare occasion, those oddball tld's like (.me, .ws or even a .info) might hold some future demand(?) as limited tld's in those neighborhood's become more scarce.

      I see it like this:

      500 domains @ $7.49 (per year) = $3,745.00 investment annually. Yes, at first, this is and should be seen as an expense, more over that of an investment perhaps.

      However, I was accustomed to spending an average of $50+ per day in fuel to run a small offline service business. Even "if" I only worked 300 days a year running that biz, that still adds up to $15,000 per year!!! (*This excludes maintenance, insurance, etc...)

      So, while I am still a bit green to the art of domain investing, it seems a much safer investment then that of the heavy reliance, and huge expense my offline business placed just in commuting costs.

      I am NOT making the kind of money I made offline yet, but when I do, it wouldn't surprise me if I end up funneling some of my future profits into buying more domains, and getting into to the 1000's within the next 2-3 years.

      The only way I see this plan failing, is if I don't do the work involved to surpass my income from a small portion of the developed sites.
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      • Profile picture of the author weblink29
        I hate auto renewals with domain names. I want to make a decision on every domain name when it's time to renew. All the registrars seem to force auto renewal options by default. You have to manually opt out of them....and if you make any changes to the account/domain those auto renewal options are set back on for some reason
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      • Profile picture of the author Selmicro
        Originally Posted by art72 View Post

        I have briefly looked into both domain and hosting reseller accounts, but have yet to determine 'if' I should go this route?... The only way I see this plan failing, is if I don't do the work involved to surpass my income from a small portion of the developed sites.

        Don't think you have to become a hosting reseller to be a domain reseller.

        Yes, we do have several dedicated servers and run several "hosting Services" accounts, and we also do some "hosting Reselling".

        The direct hosting services does require some knowledge and the operation of a hosting site with the ability to process orders and create domain accounts automatically. Doing this without the knowledge and doing it manually would be a nightmare and not worth the effort in general.

        However, being a hosting reseller, you are really nothing more than an affiliate, and you are paid a commission or percentage with the actual vendor/hosting ISP doing all the heavy lifting and support.

        As a domain reseller, some do require that you demonstrate that you are making an attempt at selling domains. This generally requires nothing more than a webpage on one or more of your sites where you sell registration services. this is generally easy to setup and the registrar will generally assist or provide everything necessary.

        Others don't even require this, they are only interested in having you as a "Bulk" domain registrar.

        With the number of domain you have, I would suggest investing in GoDaddy registration AND a Godaddy reseller hosting account. The volume you are talking about will probably get your your own GoDaddy Account Representative who will assist you in all your registration and hosting endeavors.

        Bottom line is you will probably save a bunch of money every year and possibly open some new profit centers that require minimal effort on your part.

        I would highly recommend that you at least look into this!
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  • Profile picture of the author Jeanne Lovely
    When I first started everytime I got an idea, I bought a domain name - I usually only buy them for a year in case the inevitable happens, I have lost interest. I had over 60 domain names and nothing to sell LOL

    Now I am creating the product before buying the name - saves me allot of money. I also have them all on manual renewal so I get emails to renew and I can choose whether to renew or not.
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    • Profile picture of the author capitalalchemy
      GoDaddy annoys the piss out of me with their constant reminders. Even after you let something expire "are you sure?" "are you sure?".

      I get stuff in the mail, I get emails like 3 months before something is going to ever expire. Just a pain in the butt.
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      • Profile picture of the author davezan
        Originally Posted by capitalalchemy View Post

        GoDaddy annoys the piss out of me with their constant reminders. Even after you let something expire "are you sure?" "are you sure?".

        I get stuff in the mail, I get emails like 3 months before something is going to ever expire. Just a pain in the butt.
        Understandable. Good thing you get those notices, though, considering that some
        folks don't and inadvertently let their domain names lapse.

        One thing that mildly bugs me is when one registrar I use sent me a renewal note
        for a domain that'll expire 7-8 months down the road. But I just delete it and move
        along.
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  • Profile picture of the author theseoguy001
    if all the sites are quality and are making good money, then micromanaging may not be necessary, but $1000 saving is a nice save.
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  • Profile picture of the author go4wealth
    HMM judging from the responses if someone came up with a software product that searched for the cheapest domain name renewals and coupons, stored all domain names so they could be easily located and made it easy to transfer from one registrar to another ... maybe even making sure your DNS was always set properly there would be a market it for such a product.

    So whoever comes up with it don't forget to kick me down
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  • Profile picture of the author s2n4life
    If you have a bunch of domains with 1 company..Call them and ask for a discount on auto-renewals or you will transfer them all.

    I have about 150 domains all with namecheap. I have 105 sites and the rest are used for URL redirect. I was dumb enough to never look for a coupon code when I first bought them...but after the renewals started hitting the 2nd year. I called namecheap on the phone and asked for a discount.

    I didnt even have to threaten to switch..because the guy offered my a 20% off if I set them all to auto-renew. Im sure you can find better deals..but it was good enough for me. I saved over $300 and the convenience of not worrying about renewing is worth it to me.
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    • Profile picture of the author terry1288
      Well this little thought of mime concerning domain renewals
      seems to have created some really interesting suggestions
      and answers in this thread.

      I had thought of being a reseller some years back but
      never too the move, in hind site I can see I should have
      perhaps done that.

      Plus the phoning the company for a discount on auto-renewal was
      something I had not considered.

      Many thanks everyone.

      Terry
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  • Profile picture of the author 55sadhikar
    Is there a price variations between different registrar for the same domain that you'd like to buy. Otherwise please suggest where could i buy the cheapest domain names and what's the downside to it?
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  • Profile picture of the author spearce000
    When I set up my first site I got webhosting and a free domain name from the same company. Big mistake. I paid through the nose for that domain name every year thereafter until the web host went out of business!

    Likewise, I used to set up GoDaddy to auto-renew - until I realized they were taking the payment 90 days before the domain expired and charging full price .

    You live and learn, I suppose. These days, I manually renew all my GoDaddy domains (.com) when I get the 30 day expiration notice, and scour the Internet for coupons. My last renewal was for $3!

    I use Heart Internet for my .co.uk domains. They're quite inexpensive.
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  • Profile picture of the author VeronicaD
    That's what I call thinking outside the box. I have most my domains with Namecheap already (and want to keep them there)
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  • Profile picture of the author patco
    Thanks for the great tip, mate. I will try the other service too. I am currently using only GoDaddy and I was happy just before they asked me for the renewal too...
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  • Profile picture of the author georgerey
    GoDaddy is one of the most popular registrars but most experienced marketers will stay far away from them.

    They are pricey and they won't hesitate to lock your domains in any dispute.

    I personally use NameCheap, Name.com, Dynadot.com
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    • Profile picture of the author jmalinie
      For domain promo codes , you can always check this great site

      Domainpromocodes.com
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      DomainPromoCodes.Com << Save on domaining , register renew cheap!
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  • Profile picture of the author jahangir87
    My all 7 domains are bought from Godaddy.So its like a concern for me as I have to renew some of them soon for the first time.$39 for a domain renewal ahh..thats huge against my ROI.
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  • Profile picture of the author feliciayapsl
    When my domains are up for renewal, I always enter a coupon code from Live Godaddy Promo Code List. Over time, it adds up to quite a lot of savings.
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  • Profile picture of the author Adie
    I have 87 domains for couple of years now and plan to renew only 25 with namecheap. I wasted a lot in the past and won't do the same mistake again...
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  • Profile picture of the author therocsta
    thanks for the tips - I hate getting caught by the auto-renews as well. Never thought about simply transferring between registrars
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