The World Wide Web is an ever-enlarging network that furnishes new ways to gain money on the Internet. One of these ways is to be a domain name reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of presently active domains, so this is an expanding marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is composed of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-letter abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that tackles the registrations and determines the preconditions that each given TLD may impose, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to clients and administer all domain name records.
Earn Money From Offering Domains
Numerous Registrars have reseller programs that allow individuals to earn cash from offering domain names to end clients. If you register with such a program, you can initiate your own e-business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more individuals in local communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web hosting Control Panel where you can set the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer billing transaction software and web skins for your online shop, and the automation of the whole process combined with the huge demand for domain names render the domain name reseller market niche so alluring. You will either obtain a pre-developed web site and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web site and order form. Typically, you have the option to select between the 2 alternatives, so it all depends on how expert you are in these affairs. As a domain reseller, you will sell under your very own brand and not under the Registrar's brand.
Earn Revenue From Selling Hosting Packages Too
A sensible supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to individuals who desire to build their web site and need both a domain and a web space hosting plan. A number of corporations have such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing transaction software to bill your clients. You can then sell domains and shared hosting packages to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain name and hosting services to clients from all around the globe.