Next, someone has to tell the rest of the Internet that google.com points to 188.8.131.52. This is done by a “registry”, which is also the wholeseller that provides domains to registrars. Each top-level domain (TLD) — .com, .net., .org etc — has a registry that manages it. The .com TLD has been managed by the same registry since the beginning of time — an extremely profitable monopoly called Verisign. More on that later.
GoDaddy — This extremely popular registrar (probably the biggest today) offers .com domain names for $9.99 (plus 20 cents) per year (or $6.99 plus 20 cents if you transfer from another registrar). They have a web interface to manage your domains, free web redirection (where people who visit your domain will get transferred to another web address of your choice), free starter web page, free parked page or free "for sale" page, and an optional private domain registration where your domain is registered in the name of a proxy company. Besides .com, they also sell .us, .biz, .info, .net, .org, .ws, .name, .tv, .co.uk, .me.uk and .org.uk, etc. Note that (as with all registrars) the exact price varies depending on which domain you are registering (for example some domain suffixes are more expensive than others). Both credit card and PayPal payments are accepted.
Administrative contact. A registrant usually designates an administrative contact to manage the domain name. The administrative contact usually has the highest level of control over a domain. Management functions delegated to the administrative contacts may include management of all business information, such as name of record, postal address, and contact information of the official registrant of the domain and the obligation to conform to the requirements of the domain registry in order to retain the right to use a domain name. Furthermore, the administrative contact installs additional contact information for technical and billing functions.
If you already have a web host, obtain from them the names of their primary and secondary nameservers. Don't worry if you don't understand what these things mean. Just save the information somewhere. The information can usually be obtained from their FAQs or other documentation on their site, usually under a category like "domain name" or "DNS" or "domain name transfer" and the like. If you can't find it, email them. You'll need the information to point your domain name to your website after you buy your domain. Having said that, if you don't have a web host yet, don't worry. Just read on.
Keep in mind that these are the highest value cash only sales that have been reported to us in the past week. This column is meant to be an educational tool, not a complete list documenting ALL high value domain sales. Such a list is impossible to produce because many sales are kept private at the insistence of buyers, sellers or both. Our procedure for verifying the accuracy of domain sales reports is available here.
What is a domain? Despite this word being mentioned so frequently, it’s often unclear what the functions and structures of domains are. Knowing the hierarchical structure of the Domain Name System (DNS) is fundamental for anyone working in IT or in any online industry. We explain the difference between top-level, second-level, and third-level domains, and how you can benefit from subdomains that...