What is domain and why you need one?
What is domain and hosting? Imagine you own a business and need to pick up a name and rent a space for your store right across the street. Likewise, your store name is your domain name and the space you rent out is your hosting account.
In general, domain name is the familiar, easy-to-remember and always unique name of computer on the Internet and it distinguish computers on a network.
A top-level domain or well known as TLD is the highest level in Domain Name System hierarchy of the Internet.For example, for domain name www.epicwebsol.com, the top-level domain is com (the “dot” and the word that follows it). Read more on TLD list here
What is the right domain name for your business?
Finding the right domain names could be a time consuming job. Few things you should consider when choosing the right domain:
Business role

If you are running a commercial business, then .com (stands for commercial) is a perfect solution because it is the most well-known TLD and easy to remember. Another option is .net
If you are committed in an organization, then .org is your best match, nothing else. People can easily understand your intention (mostly for non-profit organization) for website using this extension.
But, if you just starting up your own blog or just want to share with your friends, .info and .me would be your choice. The latter one is a good match for personal blog, sharing about your personal life, and for personal branding.
Target market
Altough domain with dot com extension is the most familiar name, but if your market is big in a particular country, it is recommended to buy a local domain name,
for example : yourbrandname.us which target US customers or yourbrandname.co.in to target users in India
Not only, Google will love a local domain name if your market is specific, but also it can increase your brand awareness and gain trust from your customers. Who wouldn’t trust their own people, eh ? EMAIL US for details