Domain names can be used in a number of ways. Direct visitors to your website’s home page or use complementary domains to send them to specific areas of your website ( e.g. yourcompany.jobs for a careers page). Or, forward a custom domain to an existing social media account, like your Twitter profile or Periscope channel. With a domain name you can even set up custom email addresses like [email protected], which can be used to conduct business or communicate with your followers. More.
Middle English ost, host "person who receives guests, guest," borrowed from Anglo-French oste, hoste, going back to Latin hospit-, hospes "guest, visitor, person receiving guests," going back to dialectal Indo-European *ghosti-pot- (whence probably also Old Church Slavic gospodĭ "lord, master"), from *ghost-i- "outsider, guest" + *pot- "one in control, master" — more at guest entry 1, potent entry 1
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Domain names are created to make IP addresses easy to remember. Every computer has an IP address assigned to it - much like a street address. But instead of having to memorize each IP address number, we assign domain names to these numbers so we can easily remember them. The domain name system, or DNS, takes domain names and translates them into their IP addresses so that computers can communicate with one another. 
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