Benefits
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Capturing Additional Type-in Traffic
Many URL's are purchased simply to capture type-in traffic. Type-in traffic is a term describe users who navigate to a web site by typing the site's address into their web browser. Securing domain names with fair amount of type-in traffic can be a great boost in sales. If you sell 'fish', your main URL might be 'companyfish.com'. To capture potential type-in traffic you might also secure and redirect the following:
'bangus.com'
'tilapia.com'
'bangusattilapia.net' -
Protect your Intellectual Property
It is also a good idea to secure alternate versions of your primary domain as a means to prevent competitors from trying to squeeze in your name and branding rights. Buying multiple domain names is a great strategy to secure your domain and prevent domain cybersquatting or even your competitors which may result to malicious misuse or dilution of your brand or trademark.
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Easy Management
Having multiple domain names pointed to your primary website, allows you to manage all your domain using single interface or console.