The World Wide Web is an ever-enlarging network that provides new ways to make money on the Web. One of these possibilities is to become a domain name reseller and offer domains to end clients, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is a flowering marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name comprises 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-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 Top-Level Domain or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the prerequisites that each specific Top-Level Domain may contain, like 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 administer all DNS records.
Make Cash From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to gain cash from selling domain names to end users. If you sign up for such a program, you can kickstart your very own personal online business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can reach more customers in local regions or states where the Registrar may not be known at all. This means 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 requires for the domain registration.
Sell Top-Level Domains On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will have a web space hosting CP where you can settle the prices for the individual TLDs that the Registrar offers. Most firms also offer invoice software and web page templates for your virtual store, and the automation of the entire process together with the considerable demand for domain names render the domain name reseller business so alluring. You will either acquire a ready-made website and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web page and order form. Typically, you have the option to decide between the two alternatives, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will work under your personal trademark name and not under the Registrar's.
Gain Cash From Trading Web Site Hosting Services As Well
A good supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to users who would like to have their online portal and need both a domain name and a site hosting account. Certain companies provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing transaction software to charge your customers. You can then offer domain names and shared website hosting plans to customers, and since they offer lots of different domain extensions, you will be able to provide domain name and hosting services to customers from all over the globe.