The World Wide Web is an ever-growing system that provides new opportunities to gain cash on the Internet. One of these possibilities is to become a domain name reseller and sell domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a developing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain consists of 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 Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-character abbreviations that represent each country. Instances of country-code Top-Level Domains 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 Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the requirements that each particular TLD may involve, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name records.
Make Money From Selling Domain Names
Plenty of Registrars have reseller programs that permit people to make profit from offering domain names to end customers. If you register with such a program, you can establish your very own online business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more users in regional communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade Domains On Behalf Of Your Own Trademark Name
When you sign up for a domain reseller program, you will receive a web space hosting CP where you can set the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also offer billing software and web templates for your web storefront, and the automation of the whole procedure combined with the large demand for domain names render the domain name reseller market so attractive. You will either receive a ready-to-use website and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web site and form for placing orders. Traditionally, you have the option to pick between the 2 possibilities, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will do business under your personal brand name and not under the Registrar's.
Earn Profit From Trading Site Hosting Services As Well
A logical addition to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to individuals who would like to set up their web page and demand both a domain and a web page hosting plan. Given companies supply such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to bill your customers. You can then offer top-level domain names and shared hosting packages to clients, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.