In order to register a domain name you have to use the services of a domain name registrar. The organization responsible for providing standards and procedures for certifying companies as domain name registrars is the ICAAN. The domain name industry is regulated and overseen by this organization.
Only a domain name registrar is permitted to access and modify the master database domains that are on InterNIC servers. The fee is determined by the registrar as far as getting a domain name and some registers have special domain name packages.
Domain names can be used for branding purposes, and also you use a domain name to create an identity on the Web. You must come up with a domain name that will catch people's attention. You can use your business name as your URL. If the name of your company is currently in use, then obtain a URL name similar to what your business is. Purchasing a business name domain name isn't the only way to go, and when a keyword domain name could do just fine.
The URL of your businesses website has a great effect on online and offline marketing. So, use your common sense when you choose your domain name. Domain names that are complicated for any reason can drive people away from your site. Short domain names register better with people's memory and are easy to remember.
Once you select a domain name, you must register it with a domain name registrar. Fees probably will include a one time set-up fee for all of the backend technical work that needs to be accomplished. Then pay your service provider a monthly, semi-annual or annual fee for Web site hosting services.
Most domain registrar services have tools available for you to get your web site set up and running quickly.
I strongly recommend purchasing a .com domain name as opposed to a .net, .info, .biz or anything else. If your chosen domain name is not available in a .com, keep looking until you find one that isn't taken. There is nothing wrong with the other extensions but when you have a .com extension, it sounds like you've been on the net a long time.
If you want to stay ahead of your competition, then you might consider looking at the length of time your competitors have registered their domain names. If your domain name expires, there's a good chance that someone will register your domain name immediately after it expires. By renewing your domain name for several years, your domain name won't expire for a while, and it won't be opened up to expired domain name buyers.
Remember, your domain name is an extension of your business and your brand of product or service.