When it comes to your domain name, you want to grab hold of a top level domainnames as much as you can. This is because the top level domainnames are going to be the.com,.net, or.org. Second tier domainnames usually end in.biz,.info, etc. The point of having a good domain name is so that people can remember what your domain name is, and so that they will want to visit your website. People can't visit your website if they don't remember what they are looking for. This is death to your online business or entity if your domain name is too confusing or if they don't remember it.However, the largest challenge of getting a top level domainnames, is that they are so popular, that a lot of them aren't available. For example, unless you use a very unique name, there will be a very good chance that the domain name that you've thought of has already been taken. So you really have to do due diligence when you are figuring out the right domain name for yourself and your business. You will also have to make sure that when your create domainnames for yourself, that you aren't using someone else's name. This is known as domain name hijacking. Many unscrupulous people do this, because they want to take advantage of the traffic that would come from an established and trademarked domain name. Something else to think about when you are considering top level domainnames compared to second level domains, is that you want to create credibility in the minds of your website visitors. You could have the best website or be offering the best product in the world. If you use a domain name extension in the second tier, people either won't be able to remember the name of your website, or they will think that it's a flaky website that they have no intentions of visiting. At this moment in time, the.com domain name extensions are thought of to be the authority for domainnames. Most people know about.net, and they will except that. All others are looked at with suspicion. Keep this in mind, since this isn't what you want for yourself, or for your online entity.When you are buying domainnames for your online entities, ask your hosting company if they will give you free domain. Actually, many hosting companies will give you a few free domains as part of a sign up package. However, if you don't see any information about this on their website, feel free to ask for them. The hosting companies want to stay competitive, and they will more than likely offer you free domains when you purchase domainnames.