- Forgetting which email is listed as the owner
- Indecisiveness on whether to renew the domain name or not
- Ignoring the notification email from the registrar
- Missing out (due to the spam box or other reasons) on the registrar notification email
- Person that was responsible (and his email) left the company
- Domain owner doesn’t control the email listed as the owner
- Domain owner forgets completely that he owns the domain (could be he/she registered with a registrar he/she doesn’t usually use)
- Owner forgot to renew the domain where his email was on (the email can’t work without the original domain name)
- Owner forgets to set up email forwarding from “email on WHOIS” to “email he/she reads”
- Domain owner doesn’t have an “auto-renew” option on the domain name
- Credit card on file is expired, so the “auto-renew” never takes place
Another great way of decreasing the chances of domain expiration is by registering the domain name for the next ten years. If you are serious about your business $100 shouldn’t pose a great expense, and the risk is reduced significantly in the next 10 years.
Back in 2012 I though it would be a good idea to invest in old and short domain names. I bought 3 of them (four letter .com domains) for about $2000. It was a lot of money for me at the time, but I thought it was a wise investment. To my great disappointment, this isn’t one of those stories where the post ends with thousands of dollars in profit. I am just starting! But if you stick long enough, who knows! As for the 3 domains I bought in 2012 I was able to liquidate really quickly in early 2014 when I needed the cash! Although I didn’t make a ton of money, I also didn’t lose money! Which is great if you want to liquidate assets quickly.
Fast forward to today I started building a real domain portfolio. Few things fall into place. We were able to finish the development of several tools at WhoAPI (like WhoAPI domain checker), domain manager and domain monitoring! Second thing that happened was that I fell in love (happens to the best of us) with an amazing illustrator, so I am able to combine spectacular logos as a bundle with a domain name. Thirdly, Michael Cyger launched DNAcademy (affiliate link) where I learned a lot in a very short period of time about domain investing. And last but not least, I have more spending money then prior years, so I decided to invest instead of spending it on toys.
One domain name I mentioned already in one of my recent posts (sslgrid.com) I found with WhoAPI domain checker, but there are some I was able to purchase at various auction sites, and for some I negotiate a discount from other domain investors. Soon I plan to release a website where my entire portfolio will be available, after which I can go into details on every domain.