Of course, you could do this with domain host headers. Simply create a new website and select a different site header (for example, www.example.com) and point it to the desired folder. You can create hundreds of websites on one server if you want.
Here is a tutorial on how to do this.
- Open IIS Manager
- On the left side, expand the name of your computer, then click "Websites", right-click on the right side of the screen, hover over "Create" and select "Website ..."
- Click βNextβ in the dialog box, then enter a description of the new website you are creating (it could be anything)
- Click Next again and go to the last text box and enter what you want the new host header to be
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