An Internet domain is like the address of your home or your workplace.
It is used so that we can find places of our interest on the internet, in a more easy and convenient manner.
These addresses can be formed by generic words (ex: terminals, rose wines, etc.), brandables (ex: yay, flipar, etc.), geographicals (ex: Portugal, USA, etc.), numericals (ex: 888, 007, etc.), nonsense words (ex: diddcatjjsh) or Typos (ex: treminais, rose wynes) or a mix (ex: China88, Insurance-crdit, etc). The commercial value of domains will obviously be determined by the easy to remember and / or composition of relevant generic words.
All addresses are linked to a country, city, town, etc., or even to a neutral location worldwide (let us call it “Switzerland”). This location is known to be a “domain extension”. In this sense there are several types of extensions (countries) and even sub-extensions (cities / towns / etc.). But do not forget that there is also “Switzerland”!
As an example:
– A country would be .PT. BR;
– A city / village / etc, would be .COM.PT or .COM.BR;
– A neutral location (“Switzerland”), would be .COM or .NET
Like everything else in life, there is an hierarchy in the commercial value of each extension. Think about real countries, U.S. is more valuable than Kenya, right?
We, at NamesCommerce.com, have a sense of domain extensions hierarchy, based on the history of the internet. Here is our Top 6:
#1 -. COM (the “queen” of the extensions and the most used commerce word in the WHOLE world);
#2 -. Your country (example: .PT; .IT, .DE, etc.);
#3 -. Your city (only if your country restrict the use of its main extension. The best example is the extension .COM.BR where people don’t have access to register under .BR)
#4 -. NET
#5 -. ORG;
#6 – all other extensions that exist already and/or are yet to be created.
In conclusion, following the logic of the address, it remains to explain that a domain refers to a place where there is something to be visited. Be it a plot; resort; factory office; football stadium, etc … you will find something when you type a domain in your browser. In this context, we can say that the land is your hosting service (AKA servers) and factories, offices, etc. are the websites.
But unlike the physical world where everything starts with a land plot, in the virtual world of the internet it all starts with an address within an extension, unique and extremely valuable.