There are many components necessary for an individual to effectively launch a website. First, an individual must purchase web hosting, or space on a server, so that other people are able to access his/her website. As equally important is a domain name.
A domain name is the name of a website or the website’s identification. Without a domain name, it is not possible for an individual to create a website. It is very important that an individual obtain a suitable domain name, as this can dictate how much traffic the website obtains. While this may not be as vital for a personal website, businesses and corporations will depend upon an adequate domain name to gain recognition. Consumers are more likely to search for simple, straight-forward domain names than for obscure domains. As a result, a simple domain name will acquire more traffic than long, complex domain names, as people will not search these domains unless they have prior knowledge of the domain or have been told that a website exists at this domain.
In order for an individual to obtain a domain name, he/she must first locate domain names for sale and subsequently purchase a domain name that is suited to his/her needs and desires. There are companies and websites that are dedicated to providing individuals and businesses with access to domain names for sale. Different domain names are sold for different amounts. More desirable domain names will generally be sold for more money.
An individual should expect to pay a few thousand dollars for a domain name. A domain name reseller is a company or an individual who purchases domain names, and then sells these domains for more than they were purchased for in order to obtain a profit from these domains.