They are both very well established and well respected domain registrars and they are able to offer 90% of the time a cheaper price than most other domain registrars, also I found there control panel domain management system so easy to navigate use, honestly when it comes to locating your domains and extending your domain contracts or even cancelling them they do make it easy not like some other domain registrars which i wont mention.

Here is my report on the comparison in prices when it comes to a purchase of a domain name from either namecheap or godaddy.

Both domain registrars have a benefit depending on the domain name extension you want, so what you see below is a comparison of the top level domains on September 28, 2009.

VRS

You can see by the table that if you wanted a domain registrar that can provide cheap domain registration you can see you would end up using maybe two or three domain registrars depending on the country you live in, I find that both Namecheap and Godaddy are good enough and cheap enough to buy domains from.

If you have not read the post on how to register a domain name take a look at it as it shows you how namecheaps interface looks like and the whole process how its done which is probably simple for most people doing business  on the internet but I believe a nice simple guide to getting started or even for someone wanting to get familiar with namecheaps interface.

Now whats great about these domains are the potential for misspelling of the .com extension here is an example of data found from domain misspellings from 3 of the most popular sites  on the Internet.

It’s  not only possible to get a ton of free  misspelled traffic from these domains but its also an opportunity to get a one word domain which is practically impossible now with most domain name  extensions.  I have been taking this opportunity to purchase single word domains but the problem is there not cheap, some of these registrars are charging $799 for 2 years of the purchase of the .cm domains which they are taking advantage of the potential of the .cm as its very similar to a .com in appearance.

Here is some good news that am willing to share, when it comes to buying .cm domains and that is Namecheap are offering .cm domains at a price of $104.99 to me this was a bargain as i was going crazy finding these .cm registrars selling the cm domain name being sold for between $150-$300 per year and that’s not including taxes on top of that.

I remember having talks with friends about domains and how we should have bought lots of domains 10 – 12 years ago but the truth is we did not really have a true vision of the future to see  the power of domains and when you realise it then becomes obviously to late to do any thing about it because everyone has saturated the market and bought these domain names up even misspellings are pretty hard to find.

Domain names are true real estate and are a great investment if you can spend 1000 dollars on 10 domains with the .cm extension its definitely worth considering as an investment because you don’t want to look at this opportunity 10 years from now and say I wish i bought a few .cm domains when I could have gotten single word domains.

Check them out at Namecheap and see if you can uncover some gold nuggets.