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Domain, according to the lay persons or in a simple language; is known as the area of belongings or possession of a territory of property. But in the context of the World Wide Web, Domain is an address or name that leads to a particular website.
Every domain name is unique to a particular Website or Web blog, Web Seminar (Webinar) or Web forum; a powerful and important tool in establishing an online identity. Therefore it is important to choose the right name for your internet identity to enjoy the maximum benefits from your website.
Domain is registered in a particular extension for a single person or company at a time, for a certain number of years. However, another person's can still register same or keyword name in another various extensions; but every extension has a particular suitable purpose.
I am constraint to mention all extensions here, but a few of them are listed below:
i. It can be in various generic formats sometimes.Com or.Org, etc.
ii. Beside the above generic extensions, there are other extensions known as Country Codes, to mention few- are.Us and.Co.uk, etc.
ICANN is still working on more extensions to be launched very soon. As I am writing this article, the launching of Israel's country code is under consideration. There are so many people who register domains for flipping purpose of making money. This is why it is mandatory for every one to pick up his company's name and get it registered on internet, before someone else pick it up and flip it for you later.
If your business is a big-time, offline, hot market and not planning or lacking ideas of getting your business online, you should not waste time to go and get it registered before someone else picks it up. Delay is dangerous, your registration with the department of corporate affairs in your country is not enough. If you waste a bit of more time someone else may register what is supposedly to be your presence and you may not get it again.
The best option is to get your domain at the right time. Yahoo, Google and many other online oriented markets does not play with any of their extensions, be it newly launched or old or Country Codes.
In case you have lost your domain (s) to someone else, the only available option for you is to go to domain auction site and purchase it for your benefits. It should not be left for them as it will cost you more money in the later years to come.
The more your domain is aging the more Google, Yahoo and many other search engines attach importance to your domain / website; all it requires is to just keep developing it with your contents and with time it will appreciate like a landed property that appreciates with time and proximate to the urban area or cities.
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