Your domain name is how visitors easily find you online. It is often the first step in getting your website started because it is like establishing your website’s street address on the internet. If you did not have a domain name, you would have to give out your IP address to everyone who wanted to visit your website, which would get confusing and be easily forgotten.
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When you purchase or transfer a domain to Google Domains, you can immediately start creating your website with one of our website building providers. Plans vary in cost, and options include secure and reliable hosting, customizable templates, and powerful features like drag & drop creation and mobile site-management. To learn more, visit the Help Center.
I wanted to point out that you do not mention critical issues. One is that some of the Top 5 Hosting Services do not offer an e-mail account. Others charge $14.00 a year to transfer your a Domain Name and host it with them or else the domain owner does not get the hosting for free. The list of unpleasant conditions that render those top 5 Hosting Services substantially less appetizing than you painted the picture, and that list goes on and on.