A domain name can provide unique identity to the site and a thoughtfully chosen name can enhance the overall value of any site on the go.
Some of the important aspects pertaining to a domain name are discussed as below:
- A domain name can be registered with domain registrars such as Go Daddy, BuyCheapestDomain.com, Host Gator, and Host Monster etc on an annual. The minimum rates may start from $3-$4 per year. A domain name essentially has three parts to it, the www alias, followed by the registered domain name and finally an extension. For instance, www.google.com has all the three parts – www extension, Google as the domain name and a .com extension.
- Domain names can be with various extensions such as .com, .org, .biz, .info and .us etc. However, .com extension has more value in the market and is looked up as the standard extension. Apart from the psychological impact there is no difference between the extensions in terms of earnings or marketing point of view.
- Domain name may or may not be meaningful. However, as far as possible it is recommended to register domain names as per the niche of the prospective owner and if it is meaningful the better it is. For instance, for a food ordering system the domain names could be bookmybite.com or foodonline.com or mymealonline.com etc.
- Domain names expire and can be renewed if one wishes too before they are lapsed.
- Google and other popular search engines often associate a Page Rank parameter with a domain name. It is given to the websites which are more than 6 months old and have sizeable traffic. The lowest rating is 0 and the highest is 10.
- Domain names can be resold to third party at a premium and one can pocket-in smart and quick money on the go.
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