Written by Jon Liu

The e-commerce industry is expected to exceed $1 billion in revenue in 2024. The good news is that anyone can carve out a portion of that revenue with an online side hustle. To that end, if you’re looking to supplement your income from the comfort of your home, start by exploring trending ways to make money online.

Oftentimes, when entrepreneurs and small business owners first launch a website, they don’t have the full picture of what type of hosting support they need, so they’re left with an inadequate web host. This dilemma often stems from a lack of understanding about the difference between a domain vs hosting. This leads many to wonder, “Can I transfer my website to another host?” or “How long does a domain transfer take?”

One of the first steps of setting up a website for your business is choosing a domain name from a registrar (a.k.a. a company that sells domain names). While you might initially pick the first registrar that appears in your search results, over time, you may realize that a different domain registrar is a better match for your needs.

Domain services and hosting services are two key players when it comes to launching a website, and they’re often intertwined. Many domain providers also offer web hosting services to provide a convenient, centralized experience for customers seeking to create a website. If you’re looking to transfer your website to a new host, understanding these two concepts becomes even more critical.

A domain name is the unique address that identifies your website on the internet. It consists of one or more labels separated by dots, such as mynewsite.com.