There is much money to be made online these days, but like anything else, it takes some thought and effort to make it happen. The first step is to pick a domain name.
There are so many types of domains to choose from, it’s important to take some things into consideration before settling on a name. Your budget is one of the primary concerns. So is the amount of traffic you hope to pull in.
There are, of course, the obvious choices when it comes to domain types: .com, .net, and .org. Each has its own strengths and drawbacks, but all are easily recognized by the public and investors alike.
There are also country-specific domains. Every country in the world has its own Top Level Domain, with varying rules and regulations governing its use. Obvious domains are: .uk in the United Kingdon, .ca in Canada and .jp in Japan.
Depending on your desires, all good domains in your country code may have dried up. If this is the case, there are alternative extensions available. The benefit of these codes is few people may be using them and so there will still be good names available.
There is one other option available to you: The Sub-Domain. This is the segment usually utilizing the “www” section of the address. You can make it anything you want, with the caveat that this will also make your domain address more complicated and could backfire.
Cost could be a deciding factor in your domain process. Some domains are more expensive than others, with .coms running in the vicinity of $6 per domain to .orgs that generally cost around $14 or $15 per registration.
Of course, domain name registrars are running businesses like any other. And like any other, there will be sales or special deals from time to time. Keep an eye out for deals or special packages that domain name registrars will make available.