They say nothing in this world is free. Then, how would it sound if you could actually lay your hands on something which is absolutely free or can be yours for a very low price? Welcome to the world of expired domain names.

With the flooding of the internet with millions of websites, most of the people believe that some of the best domain names in the industry have already been taken. And that’s not wrong, in a manner of speaking. Yes, some of the most preferred and popular domain names in the industry have already been taken by corporate giants. They managed to strike gold with the rising popularity of their domain names well in time.

But don’t worry; there is hope for you as well.

Make hay when a domain expires

The good news is that although most of the good domain names are already taken, they are licensed to any web holder for a limited period of time only. So any individual who is looking forward to grab some famous domain names just has to wait for the expiry date. Most domain names expire if they are not renewed well in time, you can actually look forward to striking gold with expired domain names.

How does it work?

It’s very simple. Famous domain names are relatively well known even though they may have expired. These names alone can help you to grab multiple eyeballs and customer hits on the internet. There are a number of websites on the internet which offer expired domain names to individuals for a small price. In case you are still wondering why you should waste your time trying to get expired domain names when the new domain names are available easily and well within budget, let’s go over it once more. Expired domain names have already got a strong client base and customer traffic which a new domain name will take time to develop.

Check the creditability

Before zeroing in on any expired domain name, it is important to check the creditability of the domain name. Assess the domain name on the following parameters in order to get the best possible deal:

What are its page rankings?

Does it include links from Google and Yahoo?

What is the extension of the domain name? .com or .net?

Is there anything not so good or illegal associated with the site?

Using an old expired yet popular domain may well be the secret to many an online business’ success. Apart from this, any expired domain name which was developed once will still have all the useful links that it had built up along with a commendable search engine listing. A new domain name takes time to get a reasonably good listing.

If you are looking to exploit the advantages of a used domain name you only need to be swift enough to claim a domain name as soon as it expires. Then you can inherit all the perks that come with the old name. Listings do not fade away immediately with the expiry of the domain name. And in these times of economic downturn who would mind inheriting some customer traffic to increase profits.

We know that a domain name is the “web based identity” or “name” that makes a site easy to use and search. But actually, the domain name or the address of the computer is a set of complicated numbers. Something which most people will find hard to remember as well as annoying to type in. But thankfully the Domain Name System (DNS) allows computers to convert numbers into a form of letters. And of course, such a combination of letters is convenient to remember and understand.

Things get still better. Earlier acquiring a preferred domain name was a costly affair, but now with the relentless growth in technology, cheap domain names can be easily found. Things are definitely looking up.

Why bother with a domain name?

Customers nowadays, want a business to feature on some easily accessible site so it’s easy to check it out. With cheap domain names this is very easily done. Further, domain name registration also provides the benefits of having information like the business’s products and other special features, added to that name. This in turn helps the customers to find the business online without wasting much time and energy.

A particular domain name that is registered by a particular company allows the internet users to reach that company through their website, with little or no hassle. In any case, a domain name was always considered important for major businesses; even before the arrival of cheap domain names.

Now and then

In the early days of the internet, domain names were available only from one organization, the Network Solutions, operating through a unique government contract. Naturally, domain names then were very expensive with costs to the tune of ₤100 and more. The development of the World Wide Web was followed by the constitution of the Internet Corporation for Assigned Names and Numbers or ICANN, a non profit organization with private sector participation. In the wake of deregulation, cheap domain names were also introduced. This actually supported higher competition in the domain registration sector. Now, with a large number of competitors in the cheap domain names industry the prices of domain names have fallen to around ₤5- ₤10 per year. A far cry from those expensive earlier days.

Choosing cheap domain names correctly

A website always has a less professional position and accessibility on the popular search engines like Google or MSN if it lacks a good domain name. So you can understand the importance of choosing a domain name well. It’s a difficult choice indeed. And with the huge amount of business riding on these names it becomes even more so. So here are the things to remember while choosing a cheap domain name:

1. It must suit your company needs and be relevant to the products and/or services offered.

2. The domain name should come with additional features

3. It should be easy to remember

4. It should attract users

5. Last but not the least; remember that the keywords play a pivotal role in improving the overall ranking of one’s site on the top search engines. And you would like as many hits on your domain name as possible.

6. As the registry of domain name is convenient and quick, compare the rates of domain names available at cheap costs.

Thousands of domain names are being registered everyday. And with so much riding on these names why not take the help of an experienced credited registrar and get your site a good name.