The World Wide Web is an ever-expanding network that delivers new possibilities to gain cash on the Web. One of these possibilities is to become a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are millions of presently active domain names, so this is a blooming marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain comprises 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take 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 domain names can be generic or country code. The generic TLDs include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that denote each country. Instances 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 name or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each given TLD may contain, such as the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually offer the domain name to customers and handle all DNS resource records.
Gain Money From Reselling Domain Names
Lots of Registrars have reseller programs that permit people to earn money from offering domains to end users. If you sign up for such a program, you can initiate your very own e-business. Usually, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more customers in regional districts or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Domain Names On Behalf Of Your Very Own Brand Name
When you sign up for a domain reseller program, you will receive a website hosting Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also offer invoice management software and design skins for your web storefront, and the automation of the entire procedure coupled with the increasing demand for domains make the domain reseller business so desirable. You will either receive a pre-developed website and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web site and order form. Usually, you have the opportunity to pick between the 2 alternatives, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will work under your own brand name and not on behalf of the Registrar's brand.
Earn Revenue From Reselling Website Hosting Accounts Too
An excellent addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to people who want to set up their website and require both a domain name and a web hosting package. Some corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice transaction software to bill your clients. You can then sell domains and shared hosting plans to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to people from all around the globe.