SnapNames is an online marketplace that specializes in buying and selling domain names that are expired, deleting, or otherwise unobtainable through regular domain registration processes. It operates as a platform where users can place bids on domain names they wish to acquire, often through auction formats. SnapNames collaborates with various partners and registrars to offer a broad selection of domains. The company provides services for monitoring and backordering domains, allowing users to secure sought-after domain names as they become available.