Selection of domain names is one of the most important processes of starting a business. Because of high saturation of many businesses and service providers of same type of product and services, the competition for the reliable and suitable domain names is getting tougher and tougher day by day. One need to run hard and long for getting his own desired domain name. And as per common market rule the prices for domain names varies in the same proportion of their popularity. Its really a difficult job to find out the companies providing domain names at cheap rates.
We can analyze the importance of domain names by its major characteristics of providing automatic popularity because of being related with product and service and allowing to create email accounts which also focuses the same.
When things comes to extensions held by domain names, they make it a little bit easy to differ a same domain name with different extensions as example mydomain.com and mydomain.net are treated as two independent domains and has no relation between them. One should check out all the possibilities for the availabilities of a domain name with different possible domain extensions. As large scale businesses who mostly choose Dedicated Server Hosting as a web hosting option they generally get ready pay high amounts for their desired domain names but same can not be seen for shared hosting customers as they run their businesses with a tight budget.