Did you know that before 1995, you could pick any domain name you wanted for free? Oh, what we wouldn't give to be able to go back and obtain names like VacationRentals.com, Insurance.com, or Hotels.com and sell them today. Those names are now worth millions of dollars. So how did a free service evolve into such an expensive one?
On September 14, 1995, Network Solutions saw the demand in domain names start to increase. They were actually the first domain registrar to start charging for domain names, and they started at a high price of $100 per year for the first two years. ICANN (Internet Corporation for Assigned Names and Numbers) eventually stepped in and helped regulate the industry, which in turn led to the current more affordable pricing. However, there are clearly some names that are much more valuable than others.
There have been many domain registrars pop up since 1995. bestcompany.com (TBC) has recently launched their rankings of over 10 of the major domain registrars. Although Network Solutions was the very first domain registrar on the market, they aren't one of the top competitors. We carefully graded each company on a number of criteria and found some companies have better features than others.
We graded these companies on some of the following criteria:
The domain industry is certainly booming. As more and more consumers are seeing the value of placing their businesses online, domain names are becoming more and more of a hot topic. Consumers are either rushing to reserve their name for their business or they are rushing to bulk buy domain names in hopes to turn around and sell them to desperate business owners. Whichever situation you're in, make sure you go through the right domain registrars by checking out our reviews on TBC.