Choosing a domain name can literally mean success or failure online. Choosing the right domain name could mean the difference between being a second rate player or being a huge household name. It is also one of the most often overlooked aspects of setting up a website or online business.

What makes a good domain name? Glad you asked. There are basically 3 aspects to a good domain name:

1. Keyword targeted

When choosing a domain name you want to make sure it relates to your product or target audience. If you URL has nothing to do with what you are promoting or selling than you have already failed. The keywords you choose to add to the URL should be product or service related. Try to find out what words people relate to your topic and see if you can add them in.

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Registering a domain name is a relatively simple task. It is also one of the most important aspects of setting up a successful online business. You need to make sure you register a memorable and search engine friendly domain name name. A lot of the really good domain names have been taken but there are some diamonds in the rough still available if you know what you are doing.

I would suggest you stay away from all the trademarked company names. These companies have spend lots of time and money building their brand names and they will be very critical and watch you closely if you use their trademarked name in your URL. There have been some legislation lately going on about the use of trademarked names in URLs.

Do you really want to know how to make big money online? If you do, then you’re in luck. There are some truly unique ways to make the big bucks. You just have to be a little creative and willing to look into those things that are a little out of the norm.

Of those things are the buying and selling of virtual plots. This is commonly referred to as “domaining.”

What this means is you’re going to go to a hosting site and buy domain names cheap. There are some that sell domains for less than $10. That means, if you have $100 to buy domain names, you can buy 10.

So let’s say you buy them all for $9.99 each. They are domain names in the sports, finance, business, and health sectors.

Next, you create a website and you market that website. You let everyone know what domains you own and what you are selling them for. If you’re not sure what to sell them for, you may want to look around and see what similar domains are selling for. You will find some in the thousands. Make sure you go a little below those so that your potential customers do not buy those.

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