In more technical terms, a domain name identifies IP address(es). IP addresses identify the computer that stores the website you want to view. But due to the numerical nature of IP addresses, it is difficult to remember what to type. Imagine having to type 216.239.51.99 just to visit Google.com.
Hence, the purpose of domain names. Domain names are used to identify webpages. LogishEmpire.com represents the blog you are reading now. In other words, a domain name is an address of a website. As to how domain names and IP addresses connect, this is a topic that is out of scope.
There are many suffixes for a domain name (a.k.a. Top Level Domain). For example, .com, .net, .info, .mobi, .sg. The more common ones are .com, .net and .org. As a domain name trader, I prefer trading in .com’s because this is the first choice of the market. And therefore, the probability of selling my acquired domain name is higher.
Check back for how and where to acquire domain names. Cost-saving tips included.
Logen Lanka