Understanding the process and options involved with registering an expiring domain can be a confusing task. How, Where, When? This article will explain the basic steps to researching an expiring domain name, and the many different options (or should I say necessary steps to insure success). The normal domain expiration process for .com .net (domain deletion cycle): Phase 1. Active Domain A domain is registered for a time period of 1-10 years. During this time the domain owner has unrestricted use of the domain. Phase 2. On-Hold At the end of this time period, the registrant is required to pay a renewal fee to the registrar to continue to use the domain. If the domain is renewed go back to phase 1, if not the domain is placed in an onhold (on-hold) status for 1-45 days (each registrar has determines how long this period lasts). During this time, the registrant (owner of the domain) can still pay the renewal fee and continue to use his/her domain name. During this onhold period the domain resolves to the registrars website or does not resolve at all. Phase 3. Redemption After the 1-45 day onhold period, the domain then enters redemption status (RGP - Redemption grace period), which lasts for 30 days. During this time the registrant of the domain name has the option to pay a redemption penalty fee (redemption fees generally cost between $100-200 depending on the registrar) and renew the domain. If the domain owner renews the domain go back to phase 1. During this redemption period the domain resolves to the registrars website or does not resolve at all. Phase 4. Pending Delete After the domain completes the 30 day redemption period without being renewed, it then enters a 5 day pending delete period. During this the time the registrant no longer has the ability to renew the domain name. The domain will be released to the general public and be available for registration on the sixth day at 2pm eastern. (This drop process does not hold true for exclusive backorders) Domains are an ever changing industry. Over the last 2 years, many things have changed including many variations of the domain deletion process. The above mentioned process is the norm, but every day more and more registrars are starting to have exclusive drops. An example of an exclusive drop: A domain is registered with Network Solutions. The registrant fails to renew the domain within 60 days of the expiration date. The domain is then auctioned off at snapnames.com (a domain auction site). Each registrar has their own time frame for exclusive drops. Current registrars that are participating in exclusive drops are: network solutions, godaddy, wild west domains, blue razor, bulk register, dotster, and enom. Domains registered at network solutions or bulk register must be backordered at snapnames. Domains registered at godaddy, wild west domains, or blue razor must be backordered at godaddy or a wild west reseller such as domainut.com. Domains registered at dotster must be backordered at namewinner Domains registered at enom must be backordered at club drop (if at least on backorder is placed at the above services the domain will stay with the original registrar, if no backorder is placed, the domain will follow the normal drop process) A backorder is the process of signing up at a drop catching service and making a request to be the next owner of a domain. The prices at each drop catch service vary. Pool.com - Backorders start at $60. Pool uses a pay for performance business model. If pool does not catch the domain when it expires then you are not charged. If you are the only person that backordered a domain and pool catches it, you are awarded the domain for $60. If the expired domain was backordered by more than one person, the domain is then up for private auction. People that backordered the domain prior to Pool catching it are only allowed to bid in the auction. The auction lasts for 3 days. SnapNames.com - Backorders start at $60. Snapnames uses a pay for performance business model. If Snapnames does not catch the domain when it expires then you are not charged. If you are the only person that backordered a domain and snapnames catches it, you are awarded the domain for $60. If the expired domain was backordered by more than one person, the domain is then up for private auction. People that backordered the domain prior to snapnames catching it are only allowed to bid in the auction. The auction lasts for 3 days. Enom Club Drop - Backorder start price is optional$10 or $30. Enom uses a pay for performance business model. If enom does not catch the domain when it expires then you are not charged. If you are the only person that backordered a domain for $10 the domain then goes to public auction, but if you backordered it for $30 or more and enom catches it, you are awarded the domain. If the expired domain was backordered for $30 or more by more than one person, the domain is then up for private auction. The auction lasts for 3 days. Namewinner.com - Backorders start at $30. Namewinner uses a pay for performance business model. If namewinner does not catch the domain when it expires then you are not charged. If you are the only person that backordered a domain and namewinner catches it, you are awarded the domain for $30. If the expired domain was backordered by more than one person, the domain is then up for private auction. People that backordered the domain prior to namewinner catching it are only allowed to bid in the auction. The auction lasts for 3 days. Godaddy.com or any Wild West Domains Reseller - $18.95 first come first served (only one person can place a backorder on any one expiring domain, if or when the domain expires and godaddy catches it, the backorder holder is awarded the domain.) It is always best to fully research an expiring domain name. There is no sure fire way of knowing if a domain will receive traffic, or how much a domain is worth. But by checking to see how many sites link to a domain (linkpop), how many people searched for the domain in the previous month (overture with extension), how many people searched for the terms that make up the domain in the previous month (overture without the extension), what the Google pr is (google page rank), and what the domain was use for in the past (wayback archive), you can get a rough idea of how much traffic you should expect. Once you have completely researched a domain, you should then decide if the domain is worth backordering at pool or snapname for $60, at enom or namewinner for $30, at godaddy or a wild west reseller for $18.95, or enom for $10. Remember to cover all your bases if an expiring domain is worth at least $60 to you, then backorder at all of the above services. If it is only worth $30, then backorder at any service that is $30 or cheaper (but remember someone else may backorder it at the $60 service, and then you have no chance at getting the expired domain, if you don't have a backorder placed at that service.)
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7 Tips on Choosing the Right Type of Business Suitable for Beginners
What business? This question may often arise in your mind when you feel confused in choosing the type of business you want to build.
Though you already have some money that will be used as business capital. Want this business to feel inadequate, want that business to fear failure to start the business. Especially if you have a mediocre capital. Being entangled in confusion like this finally makes you fail to open a business.
So how do you determine the right business for beginners when they want to start a business from scratch?
Actually it is not difficult to choose what kind of business is good and right for a beginner. It's just that you don't know how and where to start.
This article might help with the confusion you are experiencing. You do not need a lot of daydreaming and thinking too far because sometimes something that is in front of the eye even escapes the view. Though it could be it could be a business that can make you a successful person in the future.
Here are 7 surefire tips to determine / choose the type of business that is suitable for those of you who are still beginners in business.
1. Choose a Business that Appropriate with Your Interests and Skills
How to find a business that is suitable for beginners is to recognize yourself first. Try to remember what your interests have been.
For example if you do not understand the problem of fashion but you force yourself to open a clothing store because you feel that selling clothes would sell well and fortunately big. A month or two may run normally. But if you can not keep up with the trends, your business might not last long because you do not understand the world of fashion.
It's different if you like making various kinds of cakes so you intend to open a cake shop. So running a home-based cake business will suit your hobby that likes to make cakes. In addition, the business will feel comfortable running because it is in harmony with your hobby.
Another thing to consider in finding a business that is suitable for you is to choose a business that is in accordance with your expertise. Indeed, the expertise you have may not necessarily be your hobby.
But at least you will not be inconvenienced in starting a business because you are already an expert in that field. So you don't need long time to develop your business.
2. Making a Business Line List
After you find a business that suits your interests and expertise. Do not be in a hurry to open the business immediately. It is better to make a list of the business fields that you have chosen first. You can record it in a book about various businesses that suit your interests and hobbies.
Think about what is good business right now so that you will find it easier to develop. As much as possible write as much as possible in the list of business fields so you have many alternatives as options. That way, you can analyze and find out what types of businesses have not been established by others.
If there are indeed many competitors for the type of business that you are interested in, then you must have new innovations to be able to compete or you are looking for alternatives to other types of businesses that are still lacking competitors but have a high level of interest.
In addition, in choosing the type of business. Think about where you will open your business. Do you want to choose the type of home-based business or open a roadside kiosk. Adjust also the capital budget that you have so that you are not stuck in managing your business finances.
3. Study the Business Field You Choose
At this point, you should have confirmed the type of business you want to open. Even if you feel you have an interest and expertise in this line of business, this does not mean that you will be successful in building the business.
Therefore, immediately learn the field of business that you have chosen. Especially for businesses in services such as beauty salons or home sewing services. Understand really what are the advantages and disadvantages of your business.
For example you want to open a catfish pecel business, but to get a decent catfish for sale is quite difficult because you have to buy outside the city. That's all, sometimes there are sometimes not.
This of course can hamper your business because of a lack of key raw materials. You should be able to sell 100 portions of catfish pecel per day, in fact, you can only get half of it because there is no raw material. Certainly very detrimental to the continuity of your business.
Also read: 8 new product marketing strategies for the most effective small businesses
4. Adjust the Capital You Have
In setting up a business, you should really pay attention to matters of capital. Don't force yourself to open a business that you want, if you don't have enough capital. Because you might be running a business that has only been running for several months, you have run out of capital.
For example, you want to open a photocopying business and be equipped with all stationery equipment. This business will certainly be more appropriate if it is opened near offices and educational institutions. This makes you have to rent a shop / kiosk whose rental prices are not cheap.
While your capital is only enough to buy materials for your business. In the end you are confused and hesitant to start a photocopy business of your dreams.
Therefore, when you choose any type of business, adjust to the capital you have. If your capital is small, temporarily look for businesses with small capital which certainly will not burden your finances.
After all, if you want to work hard and smart in managing it, any business you run will definitely benefit you.
Recommended Article:
9 capital business ideas of 2 million that have proven profitable
5. Note the Location of the Business Place
choose the type of business strategic location
In addition to dealing with capital, the type of business you want to establish must also be adjusted to your location of residence. Consider the level of competition for similar businesses, market share and business development opportunities that you will run for the next few years. If you feel you lack bright prospects, you should undo these intentions.
For example, you want to open a fried business in the area where you live. But in reality in the area tel be fun.
there are already many who sell famous fried foods and have regular customers.
If you feel you can compete because you offer something new, for example, the fried foods that you present are unique. Then please open your business. But if you are pessimistic, you should look for another location for your place of business that has not been much competitive.
Recommended Article:
how to start a unique fried business with millions of turnover
6. Also Pay Attention to Consumer Interests and Needs
The important thing that you must consider in determining the type of business is market share. This point is actually closely related to location selection. You should also pay attention to the demands and needs of consumers when they want to set up a business
For example if you live in a village that is rarely passing vehicles and you are trying to open a café or restaurant that provides a variety of modern foods such as burgers, steaks, hot dogs etc. Surely the business will be devoid of interest and may not sell.
However, if you live in the city, opening a cafe will certainly be more likely to succeed. Another example of a business that is very concerned about the needs of consumers is a kilo laundry business where many people really need it.
Therefore, you should be able to apply a SWOT analysis to find out the strengths, weaknesses, opportunities and threats to the business that you are going to build.
If you don't know about SWOT analysis, please read about SWOT analysis, understanding, benefits and examples
7. Immediate Action
After you read the points above, you should be able to determine or choose the type of business you want to build. Instead of you just daydreaming, you should start from now.
Either the business you are building is only a small business or even a large one will be useless if you do not start it right now. One of the capital that you hold instead runs out first to meet your needs.
It's not easy to start a business when you have no experience at all. In the end you are confused about what business you want. Try to apply tips on choosing the type of business above so that your desire to immediately have a business can be achieved.
