In case you are looking for a cheap domain name purchase, there are a couple of things you should keep in mind. The offers that are available to you will likely be different in a number of dimensions such as: 1st-year price, multiyear-registration options and discounts, additional services available to you, and eventually: the renewal rate. Usually, a cheap domain name renewal price for the 2nd year is higher than the welcome offers you can get for the initial registration of a domain. Most domain deals also suggest that you will get an additional discount, the longer you commit yourself to the domain provider.