A domain name registration is simply reserving your website's name for a specified period of time. The two parties involved with a domain registration are generally the user who is registering the domain and the domain registrar. The domain registrant is the user who actually registers the domain name and the domain registrar is the company who helps that user with their domain registration.
Those trading domains for commercial purposes are generally on the prowl for lucrative domain endings. There are essentially two different ways traders go about making money off of domain names. One method entails purchasing already established names for a low price and selling them for a profit later once their value has increased. Another strategy involves buying and registering a domain that is thought to possess a high sales potential. Many domain traders use backorder services. These services automatically register a domain when one becomes available or is deleted (what are known as expired domains).
Is your domain name portable if you change service providers? I’m starting a non-profit and I want to hold the name, but eventually I will fire someone to do the website development and want them to be able to use the platform they think they can work most effectively in. If I were to register with GoDaddy for services and get a free domain name… do I lose it if I switch to another web-hosting provider?
DNS is essentially a database of IP addresses.  Each IP address is a series of numbers that allow computers to communicate with each other. A website is identified on a server by its IP address. Instead of your visitors having to remember an IP address to type into their browser to access your site, they instead use your domain name. When your domain is entered into their browser, DNS translates it into an IP address because that is what computers understand.Your computer is able to connect to your web hosting and show your website on the browser once the IP address is found.
Registrars offer a wide variety of registration durations—one year, three, five, and even ten. Be careful about registering for more than a year, though. First, there might be restrictions on your ability to transfer the domain name should the registrar give poor service. Second, the registrar could go out of business, leaving your domain name without a host. Check the policies closely.
A great domain name is a concise, easy to type, and memorable URL that reflects your brand or your website’s subject matter. Avoid using hyphens, strings of numbers, or unnecessary words to make it easy for your visitors to remember and find your website. Remember: A great domain name is one that your visitors can type correctly on their first try.
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