Domain Names: My Story & My Advice

Domain Names: My Story & My Advice

Hey there, I am David and I have been into domain names for over 18 years now.

I brought my first domain name back in 2002 and I have maintained that domain name ever since. I currently have a number of active domain names registered. All of them are registered now using my preferred Domain Name Registrar.

Compared to my last domain name register, who charges $9.99 per domain name per year for privacy services, I am saving this sum per domain name per year for privacy services alone.

I also save money on each domain name that I have registered and/or renewed using my Domain Cost Club Membership. I explore and compare actual pricing in my review of Domain Cost Club.

Each Domain Name Should Have In My Opinion An Active Website Associated With It

Domain Names: My Opinion

Each domain name of mine at the present time has an active website associated with it.

No point I say, in having it gathering dust by parking it and hoping to flip it for big money which is something that some people do and do well. Here are some examples of flipping domain names:

  • Zoom may have spent $2 million for Zoom.com
  • Elon Musk may have spent $11 million for tesla.com

If those domain names were flipped for those prices, flipping domain names sounds like a good idea. Registering and renewing domain names hoping to flip them later on sounds like a “long game” for me without knowing if you are going to be able to flip any of them for “big money” later on. That sounds to me to be “very risky”. If adapting this approach, make sure that you have an alternative way of making money.

For me, a domain name must have an active website against it with real live people visiting it and finding the content top notch. For me, this is the primary reason for owning and maintaining domain names along with the associated websites themselves.

Of course, other people make good money in flipping domain names. To each their own is what I say.

Over the last number of years I have lost count of the number of domain names I registered/renewed. Each one when registered/renewed by me would have had an active website associated with it.

So as you can see, I have been a bit of a serial “domain name guy” over the past last number of years and there is no end in sight!

No way am I going to pay full retail price for a domain name now nor for any related service, for like instance, privacy domain services. I would have paid the full retail price for each of these domain names (registering/renewing them) in the past.

Enough is enough.

This is no longer the case. Since the end of April 2015, the domain name I have since 2002 is now registered by me using Domain Cost Club as the domain name registrar, prior to that I used different domain name registrars as Domain Cost Club was not around when I was registering domain names earlier.

I no longer pay full retail price for any of the domain names I own, now or in the future. Happy days.

Introducing The Domain Cost Club Option

Domain Names: problem solution

I am a Domain Cost Club member which allows me to buy my domain names via my Domain Cost Club membership using At-Cost Pricing. This is the EXACT same price that domain registrar’s pay. This saves me money which appeals to me. Why pay more for domains and related services than you have to? I explore and compare actual pricing in my review of Domain Cost Club.

The member’s area inside Domain Cost Club has a fresh modern feel to it which I find very refreshing, and very easy to use and also very easy to find things.

As well as the very familiar domain name extensions like .COM, .NET and .ORG being part of a small limited set of domain name extensions, a large number of new domain name extensions are now available and over the next while, more and more of these will become available.

New domain extensions like .GURU, .NINJA, .GLOBAL, .SCIENCE, .PARTY, .DANCE and many more are adding options for you when registering or renewing domain names assuming of course that your domain register offers these new domain extensions in their offers to you. My last one did not allow me to register a .SITE domain back in 2015 however Domain Cost Club did. Just saying. 🙂

A Very Worthwhile Journey

Domain Names: worthwhile journey

To me, building a domain name business working from home is a very worthwhile journey. It is also an excellent lifestyle choice.

In the domain name business and in the affiliate marketing business, there is no stock to manage, there is no stock to buy and there is no stock to sell. Talk about the perfect businesses.

In other businesses, people sometimes have stock that they cannot always sell. That hurts.

If you are in the affiliate marketing business, you may as well register and renew your domain names using Domain Cost Club’s at-cost pricing model, as you are spending money on this anyway as well as take advantage of their referral program. Commission values noted in the following table:

Membership Type Annual Membership Price Referral Commission
Lite $9.99 $1.00
Basic $29.99 $5.00
Plus $49.99 $10.00
Unlimited $99.99 $25.00

Domain Cost Club also pay the same rates for renewals of Domain Cost Club memberships.

Why look at Domain Cost Club?

review of domain cost club
Good question. With Domain Cost Club you can forget about paying extra for domain privacy services, promotional codes, crazy bundles, and discounted registration with poison-pill renewal fees:-

  1. Great no matter how many domains you buy a year.
  2. Domain Cost Club is the first and only domain registrar in the world to offer all domains at cost. New domains, transfers, renewals. No markup. Ever. Guaranteed!
  3. Just take a moment or two, to figure out what this actually means for you. And compare prices.
    Here, here and here.
  4. I find that they are easy to work with and their support is very responsive.
  5. I find their "Control Panel" to manage domains is modern, slick, clean and easy to work with.

Are you ready for the following benefits of Domain Cost Club membership?

domain cost club home
  1. Get new registrations at great prices.
  2. Get renewals at great prices.
  3. Get transfers at great prices.
  4. Get free domain privacy services.
  5. Earn recurring money on referrals.
Visit my official Domain Cost Club replicated site (you will see a "referred by dynamicdavid" notice when you do) to learn more and sign up for your Domain Cost Club Membership account.

Don't want to become a Domain Cost Club member and still want to buy or renew domains? No problem. You can create a retail account at Domain Cost Club and pay the current recommended retail prices. Domain privacy services are currently free for retail accounts. You can always upgrade your retail account later.

LiveLifeO and Domain Cost Club
Hi, I'm David. I write articles such as this one. Enjoy! I like to hear from my readers so please leave me a comment below to let me know if this article helped you or if you have any related questions. Thanks.

6 thoughts on “Domain Names: My Story & My Advice”

  1. Great Article, I believe a service like domain cost club is great for people interested in purchasing a great deal of domain names. For me, that’s not my thing, but like you said to each their own.

    What you said about being at the right place at the right time is absolutely correct. The internet is a great way to build a business from home without having to stock up on supplies.

    All the supplies is held by the internet. Lol It’s amazing how rapidly the internet has grown. Thanks for sharing your great article.

    Reply
    • Hi Evelyn,

      I hear you, and I agree with you 100%. You do have to factor in the cost of Domain Cost Club membership, the number of domains you buy per year, the number of domains requiring private registration services and the associated affiliate arrangement. When I factor in those factors, for me, Domain Cost Club comes out on top. This may not be the case for everyone. That is OK. We live in a world full of choices and options.

      I have heard far too many stories of people working from home and they need to stock up on supplies of goods for resale, which sometimes, do not get sold and that hurts. It may be OK if they will sometime in the future consume those goods themselves however this is not always the case, and it was not the main primary reason why they brought those goods in the first place.

      Thanks for dropping by and leaving your comments.

      Cheers,

      David

      Reply
  2. Hi David,
    I liked your site, very clean and easy to read. I am not that familiar with the domain name market, so it was very informative. With your background in the industry it is nice to be able to ask someone who has been there and done that, what the pros and cons really are.

    How much difference would it make buying a .com name as opposed to a .org or a .net name?

    Is the Domain Name Club a good place to sell domain names as well?

    I think from your discussion, that it would be more valuable for someone to build a good site and get it working along with the domain name as a way to add the most value to a Domain Name. Thank you for giving me a place to find some answers and get some education in the domain Name Industry.
    Chas

    Reply
    • Hi Chas,

      Thank you for your comments. The domain name industry is changing and will continue to change. There used to be just .COM, .NET, .ORG and the country top level extension names, for example Ireland is .IE and The Netherlands is .NL

      However new top level names are coming out all the time. Just this week, .NEWS, .SITE, ,EXPRESS and .CAFE came out. These new top level extension names are adding a lot of variety to this.

      Currently, if you can get your .COM of interest, get it. .COM will continue to be around and popular for some time to come.

      I saw that burger.melbourne is a website recently. From the name alone, you have a pretty good idea what they do and where they are located. They should save a fortune on off-line advertising alone. 🙂

      I live no where near melbourne and have no interest in this domain name apart from being a great example. If they get free advertising from my comments, good luck to them. 🙂

      You would become a member of Domain Cost Club to allow you to buy your domains using At-Cost pricing.

      If you are into flipping domain names, you could become a member of Domain Cost Club to allow you to buy your domains using At-Cost pricing. You would have to actually flip them using other means as flipping domain names is not a Domain Cost Club thing.

      For me, building a website that uses the domain name is the way to go. However people do flip domain names and I understand that some good money can be make flipping them, just something I have not done myself.

      Let me know if you have any more questions.

      Cheers,

      David

      Reply
  3. David this is very interesting, I see that you’ve created a website totally dedicated to this, how are you getting on with it and what’s the competition?

    I’ve previously looked into buying domains but I think it’s over now, websites yes – domains no. Any way this here could be the answer.

    Reply
    • Hi Sharon,

      Thank you for your questions. This website is actually quite new and I have not put in much time in building it yet. It is early days yet on this. Rome was not built in a day. 🙂

      The people that host my website for me provide a lot of assistance and a lot of advice, that is available to their customers online and this advise includes narrowing down and building a website in a niche. The more defined the niche is, the better, and the information on the website should relate to that niche. So I am following their advice and seeing how that goes. 🙂

      If you are buying and/or building websites, than your websites will need domain names.

      I hear you, and I agree with you 100%. You do have to factor in the cost of Domain Cost Club membership, the number of domains you buy per year, the number of domains requiring private registration services and the associated affiliate arrangement. When I factor in those factors, for me, Domain Cost Club comes out on top. This may not be the case for everyone. That is OK. We live in a world full of choices and options.

      I think that the membership offering which allows people to buy domains at-cost is a good offer, especially if they buy a number of domains per year. I focus on the potential cost savings if you buy domains as a Domain Cost Club Member because I believe long term that many people will be buying multiple domains each year and this is where potential savings can be made.

      Thanks for dropping by and leaving your comments.

      Cheers,

      David

      Reply

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