The World Wide Web is an ever-increasing community that delivers new options to earn cash online. One of them 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 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 functioning domains, so this is an enlarging marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain consists of 2 entities - 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 and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the requirements that each given Top-Level Domain may involve, like the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and administer all DNS resource records.
Make Money From Selling Domain Names
Numerous Registrars have reseller programs that permit individuals to make cash from offering domains to end users. If you register with such a program, you can establish your very own personal online business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can reach more customers in provinces or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Top-Level Domain Names Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will have a webspace hosting CP where you can set the prices for the separate top-level domain names that the Registrar provides. Most companies also offer invoicing transaction software and themes for your online shop, and the automation of the entire procedure combined with the expanding demand for domains make the domain reseller industry so alluring. You will either obtain a pre-built site and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web site and order form. Generally, you have the option to select between the two alternatives, so it all revolves around how proficient you are in these matters. As a domain name reseller, you will work on behalf of your own trademark name and not under the Registrar's.
Make Revenue From Selling Web Page Hosting Solutions As Well
A good addition to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to persons who want to develop their web page and need both a domain name and a web page hosting plan. Certain corporations offer such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing management software to charge your clients. You can then sell Top-Level Domains and shared hosting accounts to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all around the globe.