Domain names are the URL addresses on the websites. Domain names are real estate in cyber space. Your domain name will be part of your URL address. Then you build a website and you add value to your domain. The goal is to sell your domain name for a profit. Buying a domain name is easy, fun, and a creative adventure. You’ll want the domain name to be as short as possible so that computer users will remember it. If it’s a catchy name, users will likely return to your website.

The more traffic you drive to your website, the higher in Google it will be ranked. The highest ranked websites on Google have domain names that are the most valuable. Adding value to your domain name will garner you a higher page rank on Google and a higher profit. You can go to the “page rank checker” website on Google which will reveal your websites' page rank.

As a sidebar, you can earn money with your website with blogging, selling products directly to customers, and earning advertising revenue. Not only will you earn money from your website, but your traffic will increase, which will add value to your domain name. However, like any legitimate business, it will take five or six years before you earn a revenue from blogging, from products, or from advertising. It is easier to sell a domain name than it is to sell a house because there is less paperwork. You can “flip” domain names the same you “flip” can houses.