If you are looking for a way to make money online, you can do so using domain names.  You can do it by buying and selling them or keeping them parked, even if you do not have your own website.

First, you need to understand the definition of a domain name.  Domain names are pieces of text that correspond to the IP address of a computer or website.  This is usually what users of the internet type into the browser’s address bar when they want to access a website.  The Domain name is easier to remember than a line of coded numbers, and when input, will automatically transfer the user to the site they want.
When you have a domain name, it will have two parts:  the second-level domain and the top-level domain.  In the name “yahoo.com” “yahoo” is the second level while “.com” is the top level.  You can register these at different prices at online domain name registrars.  Common top-level domains include .com, .net, .org, etc.

Whether you are already operating a successful online business or you are about to embark on what you hope will be a successful enterprise, you absolutely must have a plan in place to handle various problems when they inevitably occur.  No matter what you're selling, when you're an Internet marketer you're selling your name, your brand; essentially, you're selling yourself.  To keep damage at bay, you have to have a ready to implement plan or several of them in order to cover a variety of situations that can otherwise wreak havoc on your business.