This month, I’d like to address two timely topics: how to save money when renewing your domain registration, and how to use social networking sites to screen potential employees and protect your firm’s reputation.

Domain Savings

My domain name (KrengelMedia.com), more commonly known as a Web address, was recently up for renewal. The domain registration company I had registered it through, Network Solutions (NetSol.com), was kind enough to notify me a “couple” of times that it was coming due (think magazine renewal notices!)

Now, it’s important to renew your domain. Web addresses are renewed in one-year periods. You can even register your domain name for up to 100 years! Yet, I’m always amazed at the number of businesses that allow their Web addresses to lapse. Unfortunately, allowing this lapse has far-greater-reaching repercussions than not renewing your magazine subscription on time.

When you forget to renew your Web site address, your Web site will no longer function. People coming to your site will not be able to get information about your firm, and more likely than not, they will not be back later.

This can also affect your search-engine listing status, and if your e-mail has your Web address in it, your e-mail won’t work.
Often, domains aren’t re-registered not because someone forgot to do so, but because they forgot the name of the company they registered their Web address with. So, when the bill shows up, they think it’s bogus and it gets thrown out.

When my Network Solutions bill showed up, it said, “Renew today to take advantage of our best savings and secure your presence online.” Okay, well that makes sense. It was the cost that didn’t compute for me. If I renewed for 100 years it was $9.99 per year. (Considering I’d be 140 years old at that point, I decided that $9.99 wasn’t such a deal.) If I opted for only a year, it was $34.99.

I don’t know about you, but I always like to save a couple of bucks when I can, and this price seemed awfully high. So, I went to GoDaddy.com and they were offering domain transfers for about $6.99 per year. A domain transfer simply means that a new domain registration company would host my domain. All domains need a host. Just as you would need a plot of land to build a home on, you need a host to place your cyber domain on.

Curious, I picked up the phone and gave Network Solutions a call. They confirmed that their cost was $34.99 a year. When I related that GoDaddy.com was offering to accept domain transfers at $28 less per year than their cost, I ended up getting my domain registered with Network Solutions for under $10 per year.

It’s definitely important to keep your Web address current – but you should also know that there are many options out there for doing this, so don’t be afraid to shop around to save money.