It is common practice for domain owners to renew their purchased domain names right before they reach their expiration date. This can be a good strategy for them as using this approach they can keep ahold of their money for a longer period of time before having to renew their domains.
There are considerable advantages however to renewing them for longer periods of time. Domains can usually be registered for up to 10 years ahead of time. This article is meant to convey the advantages of taking a long-term approach toward domain renewals and can save you from facing trouble in the future.
Saving Money
Domain name registrars function similarly to retailers, the registries which create domain name extensions and authorize registrars like Anifar to sell domain names set the prices on the domains they offer which can change over time.
Domain prices tend to increase more than 10% per year and can increase even more dramatically. Top-level domains and country-code domains introduced by registries have very few if not any restrictions on how high their prices can be set.
The benefit of renewing domain names for longer periods of time is that upon doing so you are charged only the current price of the domain, therefore saving you large sums of money. This can be especially useful to people who own multiple domains.
Avoid Losing Your Domain
It is common for domain registrations to be deleted because owners forget to renew them. One of the reasons for taking a long-term approach toward domain renewal is to avoid the incident of an accidental blunder in your registration.
The domain registrations that get deleted are usually taken by others who will charge immensely higher prices to hand over access to the domain.
It might not be an appealing idea at first to register or renew your domains for long periods of time like 8-10 years in advance, but most business owners who plan on operating their websites for years to come can find this method incredibly efficient.
You can renew or register your domains using Anifar’s services today to save money and avoid any problems in the foreseeable future.