How to Setup A Domain Name inGoDaddy is the topic of this video. This is in a series of videos showing you how to setup websites for dropshipping. However, these setup videos will work for any type of site. A domain name is like an address. While hosting is the physical house where our website will live, the domain name tells the internet how to find your site using a domain name. This is just like having a street address to say to the mailman where to deliver the mail.