Many people may not know that a domain name can be registered at very reasonable prices, sometimes for as little as $.99 per year. In fact, the relatively low cost of domain name registrations can help businesses to register multiple domain names and build a domain name portfolio for use in promotional or brand-protection strategies. The key is to align your brand and relevant keywords to maximize the value your domain name can bring to your existing and future online presence.

There are tons of great domain names available for registration and it can take as little as five minutes to register one at any domain name retailer. These online stores make it very easy for you to search for available domain names with name suggestion tools. They also offer complementary services, such as Web hosting and website design so you can register your desired domain name and set up a website all at once.
When the Domain Name System was devised in the 1980s, the domain name space was divided into two main groups of domains.[7] The country code top-level domains (ccTLD) were primarily based on the two-character territory codes of ISO-3166 country abbreviations. In addition, a group of seven generic top-level domains (gTLD) was implemented which represented a set of categories of names and multi-organizations.[8] These were the domains gov, edu, com, mil, org, net, and int.
In result, your personal info, such as  physical address, emails, telephone number, etc is hide from the public. Domain privacy is important because your domain record (ie. the WhoIs data) may also be used in ways that aren’t legitimate or desirable. Since anyone can look up a WhoIs record, spammers, hackers, identity thieves and stalkers may access your personal information!
A domain name, is like the address of your home; web hosting on the other hand, is the space of your house where you place your furniture. Instead of street name and area code, set of words or/and numbers are used for the website’s naming’. The same goes with hosting, computer hard disk and computer memory are used instead of instead of wood and steel for storing and processing data files.

Once you decide you price range, you need to consider how long you'll need web hosting. If it's a short-term project—say, less than a month or two—you can typically receive a refund should you cancel your hosting within 60 days. Some companies offer 30-day money-back guarantees, others offer 90-day money-back guarantees. Once again, it's beneficial to do your homework.
Migration or transfer services are often free or offered at a reasonable fee. These services help move your existing site to the new hosting provider. They can save a huge amount of hassle. Just remember that the migration process is often automated, and may fit in with the host's processes and needs rather than yours. Not everything may migrate, and you may find the organization of the newly migrated site makes for harder maintenance in the long run.
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