The World Wide Web is an ever-expanding platform that offers new opportunities to gain cash on the Internet. One of these ways is to become a domain name reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is an expanding marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name involves 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each specific TLD may involve, including the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain name resource records.
Earn Profit From Selling Domain Names
A lot of Registrars have reseller programs that allow individuals to earn cash from selling domains to end customers. If you subscribe to such a program, you can build your very own Internet business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more persons in areas or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names Under Your Own Trademark Name
When you register with a domain name reseller program, you will receive a web space hosting Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide invoicing software and site layouts for your virtual store, and the automation of the whole procedure coupled with the considerable demand for domain names make the domain name reseller business so alluring. You will either have a pre-developed web site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own web page and form for placing orders. Generally, you have the option to select between the two options, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will do business on behalf of your very own brand and not under the Registrar's.
Make Profit From Supplying Web Page Hosting Accounts Too
An adequate addition to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to people who would like to build their web site and need both a domain and a website hosting package. A few firms provide such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to charge your customers. You can then offer domain names and shared web hosting plans to clients, and since they offer plenty of different domain extensions, you will be able to provide domain name and hosting services to people from all around the globe.