If you have followed this five part guide to domaining, by now you should have knowledge of the basics of domaining and an insight into buying and selling domain names.

In this penultimate guide to domaining the developing of domain names shall be covered including what development is, how to develop and maximising your domain names potential via development.

- What is domain development?

Domain development, in essence, is the process of utilising a domain name and adding content in the form of a website to it.

- How to develop a domain name

In order to develop your domain name it is necessary to plan the contents of the website prior to any designing commencing. It is recommended to choose a website subject that is of interest to you and it is preferential to choose a field in which you have some knowledge.

The next step after planning your website thoroughly is the designing. If you have prior web design/programming knowledge this will obviously prove very beneficial and can keep the costs of developing a new website minimal thus allowing for an increased profit if the developed site is sold at a later date.

If you have zero or very little web design/programming knowledge then it is necessary to hire someone to complete this task. It is possible to find countless web design companies via Google but quality and competitive pricing should be your two main goals when searching for a web design company and it is advisable to ask for a quotation from multiple web design companies that have a high quality portfolio of previous work. Browsing various web design forums and posting your requirements on one of the many freelance sites could also prove very beneficial in finding a web designer.

It is possible to install a forum, blog or CMS (Content Management System) with little effort and sometimes at a click of a button if your host supports this (e.g. Fantastico). Combined with the many templates and skins available, your site could look professional and visually appealing for free.

- Maximising your domain names potential via development

Development does not stop with the completion of the design of the site as it is necessary to maintain and market your website and try to maximise the traffic to your site. Although monetisation shall be covered in greater detail in the next section, it is possible to gain revenue from your development via advertisements, affiliate markeing, sponsorships and donations. The better you market your development, the greater the potential for monetisation with revenue being a by-product of website exposure and traffic with a positive correlation between increased traffic and website revenue.

Thus far, the basics of domaining have been outlined along with buying and selling domain names and after this article you should have an insight into developing your domain names. The final article within this five part domaining guide is the monetisation of your domain names which shall cover the methods of maximising the potential revenue from your domain name(s).