If you intend to make it big in this emerging and booming world of internet enable commerce, you first of all need a business idea of course. But once you have it you would need to start getting yourselves a website though which you can promote your business and services. That requires hiring a good website design company - that is if you need a great, appealing website. And to make sure your website has a name first, you need to opt for domain name registration. The domain names are the web addresses through which the visitor and the customers can reach the websites. This is the name through which the stakeholders of the company can identify it sparing them the horror of using the really technical IP address which anyways is hidden from almost all the viewers. ICANN, International Corporation for Assigned Names and Numbers is the organization that is responsible for coordinating the global internetâ€™s system of unique identifiers and managing top level domain name spaces. It accredits companies and registrars the right to issue affordable domain names. To start the process you must first choose a domain name that represents your idea of business. You can start out with choosing at least five words that best describe your idea. It is sometimes difficult to get the domain name with the highest priority on your list but donâ€™t give up. Go for names that are simple and easy to remember and are searched the most by the targeted audience. Before starting to do business with a domain name registrar, take a look at the customer reviews to get an idea how the business might work out. There are a lot of companies who promise nice domain names. However, to register cheap domain names, you might have to look a bit harder. This sector is cut throat competitive. Firstly, there is a severe competition between the buyers. You need to rush to get the domain name registered before your rival does. There are only a few providers that offer web hosting and domain name registration at affordable prices. Affordable domain names can be found if you look for companies that offer web hosting, domain name registration along with web designing services as a part of an innovative package. You can always go online and look for such companies and the packages since it can also cut down on other of your expenses like hiring a website designer. It is actually simple to register cheap domain names. Affordable domain names can be found if you look for companies that offer web hosting, domain name registration along with web designing services as a part of an innovative package. You can always go online and look for such companies and the packages since it can also cut down on other of your expenses like hiring a website designer.