The World Wide Web is an ever-increasing community that supplies new opportunities to gain cash on the Web. One of these ways is to become a domain name reseller and sell domains to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of presently active domain names, so this is a flowering marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name consists of two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-letter abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an organization that manages the registrations and determines the prerequisites that each concrete TLD may contain, like the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to customers and handle all DNS records.
Make Revenue From Reselling Domain Names
Many Registrars have reseller programs that enable people to earn money from offering domains to end customers. If you subscribe to such a program, you can commence your own personal Internet business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can reach more customers in regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell Domains On Behalf Of Your Own Trademark Name
When you sign up for a domain name reseller program, you will acquire a site hosting Control Panel where you can select the prices for the various Top-Level Domains that the Registrar provides. Most firms also offer billing software and web page layouts for your online shop, and the automation of the whole procedure together with the large demand for domain names render the domain reseller business so attractive. You will either receive a ready-for-use website and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal online portal and order form. Commonly, you have the opportunity to decide between the two options, so it all revolves around how expert you are in these things. As a domain reseller, you will do business under your own personal brand name and not under the Registrar's.
Earn Cash From Reselling Webspace Hosting Solutions As Well
A logical supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to persons who would like to have their web page and require both a domain and a web site hosting plan. Given firms supply such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice management software to charge your clients. You can then offer top-level domain names and shared web hosting plans to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all over the globe.