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It’s important to be crystal clear about what a domain name is and isn’t. The Domain Name System (DNS) is comprised of directories of unique names that are translated into internet protocol (IP) addresses. 

In layman’s terms, your domain name is an address on the internet. It identifies a unique entity that points people to a specific web presence. Domains can be similar, but they are never identical.

A domain name is just a string of characters that identify a one-of-a-kind address on the web. 

Domain flipping is exclusively about buying and selling domains. When you flip domains, you’re transferring ownership of the domain name and not any website content that is now or could have been once related to that name.