In the domain name auction, those domain name holders who have not paid their registration fee or did not renew their domain names could find their corner of the internet, their domain names in general, being sold off to the highest bidder. Well, this is how domain name auction works. Numerous research studies about the domain name auction process have considered that many companies today are catering to domain name auctions for the reason that they wanted to gain some benefits from those expired domain names or for those domain names that are not paid. This thing plays a large role in the domain name arena for the reason that a domain name is not there without the domain name suffix. Therefore, the domain name suffix is a major part of domain name functioning to let the people or the visitors of a certain site recognize the nature of the web site. It is known as a generic top level domain and it therefore describes the type of organization. These acts are so typical that many domain name consumers and holders are into it a few years after the introduction of domain name in the world of the internet. Today, as domain names continues to become a commodity; many people have particular desires to buy a domain name and particularly to sell a domain name. And also you can have characters in your domain name registration for up to 67 characters, however, it is noted that the shorter the domain name, the better. So try to keep it below that length for greater compatibility. Lastly, in the domain name registration, you should be aware that it is only the domain name registrars who can handle all the process of domain name registration. net, and a lot more. It is considered that a domain name extension is the top most part if the domain names under which all of the domains on the web are registered. To further create a vivid idea on the uses of a domain name extension, it is interesting to know that a domain name extension like .com is particularly intended for the commercial organizations. In terms of a country by country basis, the common domain name extensions are based on the two-character ISO country codes and this is for the main reason that many countries offered these kinds of domain name extensions. Among such kind of domain name extensions is the .fr for France, .jp for Japan, and so on and so forth.