Domain Name And Web hosting - This Is Why You Must Have Them

Published by Timothy Olson — 7-31-2019 at 8:14 AM UTC


Do I need a domain name and web hosting? If you are looking to create an online business, it is a very good idea to invest some money into a domain name and web hosting.

Your domain name, also known as URL (stands for Uniform Resource Locator), is your website address where people will find your information. Your domain name is your home on the web. It is virtual real estate that will become more valuable for each passing day, month and year.

An Example "Wine Making Tips":

For example, let´s say that you are creating an online business about "wine making tips". Your future website needs to be build around your domain name.

This is why you should choose a domain name that contains "wine making" and write content on your website about wine making and topics closely related to that.

Your domain name should describe what your website is all about. In this case it is about "wine making", your website visitors will know what it is about and the search engines will also reward you for having the keyword in the domain name.

In 2019, there are over 1.8 Billion websites on the Internet and the number is growing.

Hard To Find A Good Domain Name

It has become hard to find a domain name that makes sense and describes what the website is all about. If you find a really great domain name you want to register, chances are that it is no longer available. With so much competition on the Internet, it is difficult to find the perfect domain name. 

You need to research for other variations of domain names that contain "wine making". Your domain name does not necessarily need to be a .com name, it can be another domain extension as well, such as .ws for instance. Learn more here.

The Risk Of Choosing The Wrong Domain Name

Choosing the wrong domain name means that you will get much less traffic and low rankings in the search engines. In our example, once you have found the right domain name containing the word "wine making" in it, then all you need to do is register it for yourself at a domain registrar. The domain name should tell people instantly what the website is all about.

One of the best domain registrars is called Global Domains International. There are many benefits of registering with GDI which I explain in this review. 

=>Read the review about GDI here

You can register a domain name for around $12 per year. Domain registrar companies can offer special deals, such as getting the first year for $1 if you register the domain name for 3 years. For year 2 and 3 you would pay the normal price.

What Is Web Hosting?

When you have your own domain name, the next thing you need is a web hosting account where all your website files will be stored.

A web hosting account is a server that hosts all your files, this allows people from all around the world to visit your site. 

For your "wine making" site, you will need shared hosting. This means that the exact same physical server located in the United States or Europe hosts hundreds of websites.

It can take a few milliseconds longer for your site to load, but you would also be paying a lower monthly fee compared to a dedicated hosting plan. The cost for website hosting is around $10 per month.

There are lots of web hosting companies to choose from, it can be hard to pick the right one. Here below are 3 important things you need to think about.

#1. What do I need?

First, you need to identify what it is you really need to get started. For your first website, all you really need is shared hosting.

#2. Is the web hosting company reliable?

Reliability is very important. Down time and system failures mean that your website will be offline and you will not make any money.

It is a good idea to do research before choosing a hosting company. Another important thing is how the company takes care of the privacy of their customers. You need to be sure that your personal information and credit card information is safe.

#3. Monthly fees

When building a business online or offline, there will always be costs. This is a business cost (= tax deduction).

Compared to an offline business where you can expect to pay thousands of dollars before getting started, you can start your Internet based business for under $20 per month (for domain name and hosting).

Having your own domain name and web hosting is important when you are looking to build a professional Internet business. If you are looking to start a hobby website, you can use a free platform such as Blogger or Wordpress.com.

The important thing to realize about free platforms is that there will be advertisements and you need to follow the rules and terms of service. There is also a risk that your account gets deleted.

Depending on the free platform you choose, there is also a possibility that you will not own your own content after publishing.

In the end, a monthly cost of $10 for hosting and $12 per year for a domain name is not expensive. Best of all, you are always in charge. You have all it takes to build a successful online business.

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About Timothy Olson

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Welcome! My name is Timothy Olson. I have been working online since 2003 and I currently earn a full-time living from home. (I earn commissions promoting affiliate products.) Earning a living from home online takes a lot of hard work and determination. There is a learning curve, you will need to invest some money into your business. It will take some time to see results of your hard work. A valuable tip: If you are just thinking about starting your own online business, focus on building an email list first! (You simply cannot become successful online without your own email list.)