The World Wide Web is an ever-flourishing system that delivers new options to earn cash on the Internet. One of these ways is to be a domain reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domain names, so this is a blooming marketing niche that you can be a part of.
TLDs and SLDs
A domain name is composed of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that administers the registrations and determines the preconditions that each concrete Top-Level Domain may impose, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain name records.
Gain Money From Selling Domain Names
Numerous Registrars have reseller programs that enable individuals to make cash from selling domain names to end users. If you subscribe to such a program, you can build your own personal web business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more persons in local communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domains On Behalf Of Your Personal Brand Name
When you subscribe to a domain reseller program, you will receive a website hosting Control Panel where you can determine the prices for the individual Top-Level Domains that the Registrar offers. Most firms also provide invoicing transaction software and web design layouts for your online store, and the automation of the whole procedure combined with the enormous demand for domains make the domain name reseller business niche so tempting. You will either obtain a ready-for-use 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 make your very own web site and form for placing orders. Normally, you have the opportunity to choose between the 2 possibilities, so it all depends on how experienced you are in these affairs. As a domain reseller, you will operate on behalf of your very own brand and not under the Registrar's.
Earn Cash From Providing Web Hosting Services As Well
An excellent supplement to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to clients who desire to establish their website and require both a domain name and a webspace hosting account. A number of firms provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing management software to bill your clients. You can then sell domain names and shared web hosting plans to clients, and since they offer lots of diverse domain extensions, you will be able to provide domain name and hosting services to customers from all around the world.