A domain name, such as boldelite.com, is the street address of the online world. This string — which consists of letters, numbers, and even some special characters — is the URL that you type into your browser’s address bar at the top to tell your browser which site to access. It serves as a unique identifier for a website. An example of a domain name could be “BOLDelite.com”.
How to Buy A Domain Name
Domain names may be purchased through a company called a domain registrar, which register and distribute domain names for the web. When purchasing a domain name, you are essentially leasing the rights to use it for the duration of time that you continue paying for it. If you discontinue the registration, the domain reverts back into the pool of available domain names and is eligible to be purchased by anyone.
Domain Name Costs
Domain names are typically purchased — through a domain registrar — on an annual (or multi-annual) renewal basis at a rate of around $10-15 per year, for a typical domain name. Though relatively uncommon, “Premium Names” that are considered highly desirable can sell for amounts ranging from a few hundred dollars to tens of thousands of dollars.
Common Domain Registrars
A few of the more common domain registrars include: