Things You Can Do With Domain Names
Practical Reasons: If you buy domain names with hosting, or forward them to another hosting account then you don't have to go 'public' with them at all. This might be a place for you to store files for example, or you might want to put some notes there for yourself to access from other locations, like a 'digital scratch pad' kind of idea. At the same time if you buy a cheap domain name you'll get an e-mail address out of it too. This then means that you get a far more 'professional' sounding address, which will look better on official documents and be easier for other people to remember.
To Earn Money: If you own one or several domain names on their own, this can be a great investment. Domaining (sometimes known as cyber squatting) is a great way to earn money without actually doing anything. Here you are essentially buying cheap domain names with the intention of making money from direct traffic (people typing in the URL) and then from selling it on for more at a later date. This means looking out for a cheap domain name that you think will be worth more in the future, for example the name of an up and coming star that no one currently knows about; or looking for addresses that are close to other popular addresses or misspellings of well known sites. Of course if you have hosting when you buy domain names, you can then use this to create a website that will attract visitors and to then populate the pages with advertising or links to affiliate products.
To Promote a Business: Another use of a domain name is of course to promote your business, product or service. If you buy cheap domain names this will represent only a very small investment that will earn you a lot of money back in the amount of extra customers or clients you attract as a result.
To Express Yourself: A website is a great way to express yourself, to show of your talents, to find like minded people and generally to create something you can be proud of. Whether you write poetry, make paintings or just like writing on a blog; buy domain names and you have a great canvas to work on that the world can see. At the same time if you start looking for a job or applying for a course this can make a great a portfolio of sorts that doesn't need wrapping or posting.