City-Specific Domain Names to Be a Boon for Local Business OwnersNew web addresses with endings such as .london and .nyc will amplify the online presence of local businesses.

ByGeoff Weiss

Opinions expressed by Entrepreneur contributors are their own.

Thanks to a new crop ofdomain namesrolling out this year, local business owners across the globe will soon be able to affiliate their websites with the cities in which they reside.

Rather than .com, .net or .org addresses, businesses can now add city names -- like .london and .nyc -- to their domains, which will in turn improve search rankings and increase sales by herding relevant traffic,according to CNN.

The Internet Corporation for Assigned Names and Numbers (ICANN), a nonprofit created in 1998, is responsible for regulating the new addresses, and has approved roughly 60 cities since introducing the initiative last January.

While .berlin and .vienna are currently rolling out, London will begin accepting applications from local businesses today, with new site names expected to go live in three months.

Related:Forget '.com': GoDaddy Offers 14 New Website Domain Extensions

Business owners must apply for the names via domain registration sites likeGoDaddy, where the cost is approximately $50 to $85 per year, reports CNN.

And thus far, they are applying in droves. While Berlin has received nearly 50,000 applications, roughly 1 in 4 local London businesses is expected to sign up for the service.

ICANN held a lottery to determine which cities would receive local addresses first. The rollout has to be staggered so that new servers can be gradually added and so that the global internet infrastructure remains intact.

Addresses for .nyc, .miami, .vegas, .tokyo and .paris are slated to roll out next.

Related:Name That Company to Dazzling Success

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Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

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