Look after your domain name. It’s one of your most important online business assets and the cost of losing it can be huge.

Do it yourself

Keeping full control of your domain name is vital. Not only will you not have to pay anyone to administer the renewal for you, you’ll mitigate a wee bit of risk by removing an unnecessary link in the ‘chain’: if the person administering your domain name was to forget to renew it you stand to lose it.

If someone else has registered it for you, at the very least make sure they have registered it in your name.

Stay secure

It seems like every month that there’s news of another online service having their passwords leaked. If your password is leaked and you use the same password for other services the thieves can potentially break into your accounts that use the same password. And one of those accounts may be your domain name registration control panel.

Using a password manager like 1Password will keep your domain name account logins unique and secure. It takes a wee bit of effort to make the switch, but it’s well worth it for the peace of mind.

Implications of losing it

Repurchasing

Once your domain has expired it is put back on the marketplace and someone else may buy it for a fraction of what it’s worth (usually around £7 or £8). They may then ask for a lot of money to sell it back to you.

Search engines

Your online reputation is important. That’s basically what search engine optimisation (SEO) is – how strong your reputation is in the eyes of search engines. In 1998 Tim Berners Lee wrote an article saying:

“Cool URIs don’t change”

What’s a URI? It’s a techie term for web address. So Berners Lee is saying “Cool web addresses don’t change”.

Rightly so, Google took this to heart. All of the search engine points you’ve earned over the years are attached to each of your site’s addresses. If an address were to change, you’d want to make sure that the points are passed from the old page to the new one (this is called ‘redirection’). So www.my-great-website.com/about can be redirected to www.my-even-better-website.com/about.

But this can only be done if you have ownership of my-great-website.com. If you lose the domain, you have to start from scratch with Google.

Broken links

If your site disappears from the web, every link that anyone has ever made to your site will be broken. Not only will this hurt your search engine ranking, while you look to get your domain name back, it’ll damage your reputation with people looking to visit your site via a link: clicking a link only to find the page doesn’t exist is pretty frustrating.

What about hosting?

If your website hosting, on the other hand, was to suddenly expire, you can recover from this much easier as long as you have your domain name by:

Stay in control

The moral of the story is:

Do all of this and you’ll never be in a position where you have to buy your domain back at an exorbitant price or—worse—lose all that time and effort you put into your online reputation.