The World Wide Web is an ever-increasing system that supplies new possibilities to gain cash on the Web. One of these options is to become a domain name reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently active domains, so this is an increasing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is composed of 2 entities - 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 TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-letter abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that manages the registrations and sets the requirements that each specific Top-Level Domain may involve, such as the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to customers and administer all DNS resource records.
Gain Money From Selling Domain Names
Plenty of Registrars have reseller programs that allow individuals to make profit from offering domain names to end users. If you subscribe to such a program, you can initiate your very own e-business. Typically, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more users in local regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Very Own Trademark Name
When you register with a domain reseller program, you will receive a web space hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar offers. Most firms also offer invoicing transaction software and site skins for your web store, and the automation of the whole process coupled with the significant demand for domain names make the domain reseller industry so alluring. You will either acquire a pre-built website and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web page and order form. Typically, you have the opportunity to choose between the 2 options, so it all depends on how experienced you are in these issues. As a domain reseller, you will sell on behalf of your very own trademark name and not on behalf of the Registrar's brand.
Earn Money From Promoting Web Hosting Services Too
A logical supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to individuals who want to manage their site and need both a domain and a web space hosting plan. Some firms offer such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing transaction software to bill your customers. You can then offer top-level domain names and shared hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to people from all over the globe.