A Favicon is a multi-resolution image included on nearly all professional developed sites. Within Internet Explorer the Favicon is displayed on the Address line and in the Favorites menu. The Favicon allows the webmaster to further promote their site, and to create a more customized appearance within a visitor's browser. Often, the Favicon reflects the look and feel of the web site or the organization's logo.
Examples:

The above example shows you the favicon .
How to create it?
1. Favicon only accepts *.ico (ie icons) files. you can create this files using icon editor
2.Even if you'r not having icon editor ,No problem you can create that from this link http://tools.dynamicdrive.com/favicon/
3. Upload the generated file ("favicon.ico") to your site.
4.Enter the following code in your Head section of the page
<link rel="shortcut icon" href="/favicon.ico" />
Note:
Verify whether you uploaded the favicon in to the Root directory( ie;www.yoursitename.com/favico)
best of Luck!!
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