The World Wide Web is an ever-increasing system that delivers new opportunities to earn cash online. One of these opportunities is to be a domain name reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domains, so this is a blossoming marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain contains two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each concrete TLD may contain, such as the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and handle all DNS records.
Earn Money From Offering Domains
A lot of Registrars have reseller programs that allow individuals to earn money from selling domains to end users. If you subscribe to such a program, you can launch your very own personal e-business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more persons in regional districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Domain Names On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will obtain a web site hosting Control Panel where you can fix the prices for the specific Top-Level Domains that the Registrar offers. Most firms also offer invoice management software and site skins for your web store, and the automation of the entire process combined with the flourishing demand for domains make the domain name reseller industry so seductive. You will either acquire a ready-to-use site and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own web portal and form for placing orders. Generally, you have the option to pick between the 2 possibilities, so it all depends on how practiced you are in these matters. As a domain reseller, you will work under your personal brand and not on behalf of the Registrar's brand.
Make Profit From Promoting Webspace Hosting Accounts Too
A reasonable supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to individuals who want to manage their website and need both a domain name and a hosting account. A number of corporations provide such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to charge your customers. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to customers from all over the globe.