The idea behind the concept of "isomorphism" is that two isomorphic structures (groups, rings, fields, vector spaces, etc.) are "essentially the same thing". If one structure is useful in a theory of physics for example, any structure that's isomorphic to it will do the job just as well.
A vector space consists of a triple (V,S,A) where V is the underlying set, S is the scalar multiplication operation, and A is the addition operation. The standard notation for the latter two is of course S(a,x)=ax and A(x,y)=x+y. If the vector space is (V,S,A), what we really mean when we write something like ax+by=z, is A(S(a,x),S(b,y))=z.
To say that (V,S,A) is isomorphic to (W,T,B) is to say that there's a bijection ##f:V\to W## such that every single statement about members of V will remain equally true (or equally false) if we make the substitutions V→W, S→T, A→B, x→f(x). (We have to do that last one for every free variable that represents a member of V, not just x). For example, if we make those substitutions in the statement A(S(a,x),S(b,y))=z, we get B(T(a,f(x)),T(b,f(y)))=f(z). If we make them in the statement
For all x in V, there's a y in V such that A(S(a,x),S(b,y))=z,
we get
For all x in W, there's a y in W such that B(T(a,x),T(b,y))=f(z).
Note that it wouldn't make sense to make the substitution x→f(x) and y→f(y) here, because x is the target of a "for all" and y is the target of a "there exists".
I don't know if that was very enlightening. The concepts tend to get obscured by the notation. It might be better to consider one of the simplest possible examples. Consider the group ({1,-1},*) where * is the multiplication operation on the set of real numbers, restricted to the subset {-1,1}. Since the underlying set has only two members, we can easily compute all the products:
1*1=1
1*(-1)=-1
(-1)*1=-1
(-1)*(-1)=1
Now compare this to the group ({0,1},+) where + denotes addition modulo 2. These are all the possible sums:
0+0=0
0+1=1
1+0=1
1+1=0
Just by looking at these results, you can see that the second list is just the first list in a different notation. If we take the first group and write 0 instead of 1, 1 instead of -1, and + instead of *, the first list turns into the second. This is a good reason to think of the two groups as "essentially the same".
The concept of "isomorphism" is meant to make the idea of "essentially the same" mathematically precise, in a way that makes sense even when the underlying sets of the two structures are infinite.