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Domain names (or DNS addresses for the geeks) are a system by which people like you and me can reach the computer we want and get the information without the hassle of remembering a sequence of seemingly unrelated numbers ( called IP addresses )

Domain names are further suffixed to provide the user with some means of identification of the nature of the website and a means of classification for the web sites themselves. These suffixes are referred to as top – level domains.

The common examples of these are .com, .org, .net, the newer .biz, .name, .info etc.

These suffixes help to provide further information about where the computer is located and what is it prime reason for existence i.e. for commercial purposes, non-profit organization, networking purposes or purely as a B-2-B site (business to business site).

On the basis of their primary motive, domain names are registered. Hence, since most businesses exist for commerce, the most common suffix is … yes you guessed it right! .COM!!

So common is this particular top level domain that it is mostly implied when we visit a website. Hence, for more purposes than purely commercial is this suffix used.

A brief overview of the common suffixes is outlined below

SUFFIX Meaning

.com Commercial Site

.org Non-profit organization site

.net Site within a larger network.

.biz Purely for Business-to-Business sites

.name For identity purposes of an individual or organization

.info Informational sites providing no e-commerce

.co.uk Site based in the United Kingdom

.co.in Site based in India

Note: The last to suffixes can be replaced by most other country’s two letter abbreviation. Eg. For a Japanese site .co.jp would be the suffix.

Check whether your domain name is available here.

If you wish to sell your existing domain name and sell it quickly, you might achieve more success if you place it in auction. Auction selling domain names offer certain advantages especially if you look to sell domain names quicker than other methods. Aside from being the quickest option known, it can also be benefiting in the following ways:

A domain name auction can be an attractive option because it can readily bring together a group of interested buyers. From a broker’s perspective, it can be very difficult in trying to target those buyers who might be interested on buying particular domain name.

An auction would require a seller to be listed with a domain name broker. On the part of the domain name buyer, this would be a benefit since that it would give some sense of legitimacy to such kind of market. With the presence of brokers, buyers might feel more secure that they will not be shortchanged in the deals that they may be making in the process.

An auction would be the ideal venue for valued information about certain domain names in order to determine their worth. Sellers would enjoy the help of the brokers in order to set a fair market value for their domain name property. Buyers may also be able to obtain information on domain names that will be able to help them determine their bidding price for each domain name. In some ways, an auction will provide a fair market for both the sellers and the buyers.

An auction can also put some order to a gathering of domain name buyers and sellers. It can be good venue for both experienced as well as inexperienced buyers who might not know how to offer the fair value for a certain domain name. Auctions usually starts low with buyers bidding to what they think would be the value fitting for each domain name for sale. This will help buyers avoid the embarrassment of offering too high or too low for a good domain name.

Auctions can help eliminate too much haggling, or at least keep them in check. This puts more efficiency into the whole process and provides buyers with an abundance of domain names to bargain with, at times even more than they can handle.

So should you plan to have your domain name put up for sale, maybe you should give auctions a second look. Not only would it provide sellers with the convenience in looking for interested buyers, it can also provide the buyers with a safe venue to look for interesting bargains and deals. Auctions offer you the quickest way to find the best value for your domain names in so short a time.