I was out and about on the internet last night, trying to buy a .com.au domain name. The guys I'm hosting my website with suggested an Australian domain registrar, so I checked the registrar out. Their price for registering a domain was $140 for 2 years. Earlier on, I had come across the Au Domain Administrator while I was busy registering my business and they had a list of accredited domain registrars on their site. Feeling hopeful, I proceeded to hop back on their site and go through the list of registrars and was pleasantly surprised to find a registrar that charged $26.97 for 2 YEARS!
Naturally I got curious. There had to be something important that the latter guys were leaving out, so I have gone ahead and checked out both registrars this morning. No, they are offering exactly the same product. There's no doubt that I will be settling for the extremely cheaper option, though I couldn't help but wonder under what conditions someone would purchase a domain name for $140 when there were other accredited people willing to offer the same product and service for $26.97. Two reasons came to mind:
1. Lack of adequate research; and
2. Wanting to make a status statement
However, I have observed how the current harsh economic conditions are making even the rich and famous to cut down expenses and I doubt that reason #2 holds enough water. I guess I'm left with only one reason, unless of course you're able to come up with more.
Suffice it to say that I learnt a good lesson, though thankfully not the hard way. So, before you type in those credit or debit card details, do some research.
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