The process of back ordering is very simple. Just order for a domain name and wait for the firm to drop catch your name. If you are the lone person who ordered for a particular domain, then you will get your domain name against the payment of cost of service incurred during the process. If there are more than one back orders pending, you may need to participate in a 3-day auction process and the highest bidder will get the domain name.
Dropped domains form a large pool and most of the back order firms provide their services at a fixed service rate. If the domain name in question remains with a domain name registrar that has an active partnership with a domain auctioning service, you will also need to take care that you place your order as late as possible. Each one of these services will tell you the exact time anddate at which you can place your order.
Here is a list of registrars who are in partnership with back order firms that host an auction process to dispose off domains:
GoDaddy.com: This registrar always chooses TDNAM.com for its needs and requirements. The usual procedure will happen with about 13 days left in the Redemption period. The usual process is a 7 days auction on the domain that has just expired. When you win your domain in the auction process, you can register it only after seven days, when the Redemption period comes to an end.
NetworkSolutions.com and eNom.com: These registrars have a business partnership with NameJet.com.
Register.com, Moniker.com and Dotster.com: These registrars are closely associated with SnapNames.com.
Tucows.com: This registrar has a partnership with NameBids.com which is actually s a domain reseller for Tucows.
Advantages of back ordering a domain name:
Quicker and faster buying process
Possibility of obtaining excellent domain names at affordable costs
Lightening quick registration process
Availability of commercially viable domain names.
Disadvantages of back ordering a domain names:
Possibilities of participating in a costly auctioning process
Chances of buying an expired domain ay very high and fancy prices.
Back ordering a domain will provide you an opportunity to seek and buy expired domains that are commercially viable and profit oriented.
John Khu is an author and also a seasoned professional with vast experience in expired domain name business. He is the owner of the path breaking web sites called http://www.expireddomainsecret.com which provides complete and up-to-date information on expired domains and their eternal secrets.