Hello,

Hope you can shed some light on this. when I am looking to buy a domain name. I came across several deals like $7/year to $99/year for a domain. I just don't understand why the price is so much difference. I can understand if it vary from $10 - $30. but are they doing the same thing? right (that is register our domain name so it belong to us ...)It makes me think is there any bad thing if I go with the cheap one. What good about the expensive one?

Thanks

Every domain provider can simply register it. It's what they offer along with it (e.g. toll-free phone support, free locking, high risk threshold for disputes, etc.) that makes each one different.

It depends on the profit margin and overheads, higher prices do not guarantee better service.

Many have the price as a hook, and the renewal more higher.

Not sure where you found the $99 price, are those prices all for gTLD?
There are some extensions which are extremely expensive.
For .coms if you are around $10 everything is ok, if you think you need much support take a local registrar which offers phone support. Even when you have to pay $30 for a domain a year and it's your business that's not that much. You spend more on many other business related things.