The World Wide Web is an ever-growing network that generates new opportunities to earn cash on the Internet. One of these options is to become a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a thriving marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain is composed of two components - 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 second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of 2-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific TLD may involve, including the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually sell the domain name to clients and handle all DNS resource records.
Earn Money From Offering Domains
Numerous Registrars have reseller programs that enable individuals to make revenue from selling domains to end users. If you sign up for such a program, you can start your very own personal electronic business. Commonly, 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 client. The reason is that resellers can contact more persons in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Resell Domain Names On Behalf Of Your Own Brand
When you sign up for a domain reseller program, you will acquire a webspace hosting CP where you can set the prices for the separate TLDs that the Registrar offers. Most firms also offer invoicing transaction software and site themes for your online shop, and the automation of the entire process coupled with the swelling demand for domains render the domain name reseller industry so desirable. You will either have a pre-developed website and make use of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web portal and order form. Generally, you have the opportunity to pick between the two possibilities, so it all revolves around how advanced you are in these issues. As a domain reseller, you will operate on behalf of your very own personal brand name and not on behalf of the Registrar's.
Earn Profit From Selling Site Hosting Solutions Too
A logical addition to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to clients who desire to launch their web page and need both a domain and a web hosting account. Given companies have such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing management software to charge your clients. You can then sell domains and shared website hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to people from all over the globe.