The World Wide Web is an ever-enlarging network that delivers new ways to make money online. One of them is to become a domain name reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is an increasing marketing niche that you can become involved in.
TLDs and SLDs
A domain name comprises two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take 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 top-level domain names can be generic or country code. The generic TLDs comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-character abbreviations that correspond to each country. Instances 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 name or a country-code one, has a Registry - an institution that tackles the registrations and determines the requirements that each concrete top-level domain name may impose, including the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and manage all domain records.
Make Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that enable individuals to earn cash from selling domains to end customers. If you register with such a program, you can kickstart your very own online business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more individuals in regional communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell TLDs On Behalf Of Your Personal Trademark Name
When you subscribe to a domain reseller program, you will get a web site hosting CP where you can select the prices for the individual TLDs that the Registrar offers. Most companies also offer invoice management software and site layouts for your virtual storefront, and the automation of the entire process combined with the proliferating demand for domain names make the domain reseller industry so alluring. You will either get a pre-made web site and make use 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 very own web portal and order form. Commonly, you have the opportunity to pick between the two possibilities, so it all depends on how accomplished you are in these things. As a domain name reseller, you will work under your very own brand and not on behalf of the Registrar's.
Make Revenue From Trading Web Site Hosting Services Too
An adequate supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can give a package deal to users who wish to set up their site and demand both a domain and a web page hosting package. Given firms provide such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to charge your clients. You can then offer domains and shared website hosting accounts to customers, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to persons from all over the world.