The World Wide Web is an ever-developing network that furnishes new options to earn cash on the Internet. One of these options is to be a domain name reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is an increasing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain contains two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that manages the registrations and determines the requirements that each specific TLD may have, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and handle all DNS records.
Earn Profit From Reselling Domains
Plenty of Registrars have reseller programs that enable individuals to make cash from selling domains to end clients. If you register with such a program, you can initiate your own web business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more clients in provinces or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Resell Domain Names Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a web space hosting Control Panel where you can set the prices for the individual top-level domain names that the Registrar provides. Most firms also provide billing transaction software and web design templates for your virtual store, and the automation of the whole procedure combined with the vast demand for domain names render the domain name reseller industry so tempting. You will either receive a pre-made site and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal portal and form for placing orders. Generally, you have the option to choose between the 2 alternatives, so it all revolves around how skilled you are in these things. As a domain name reseller, you will operate on behalf of your own personal brand name and not under the Registrar's brand.
Earn Revenue From Reselling Webspace Hosting Plans As Well
A perfect supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to clients who wish to manage their site and require both a domain name and a website hosting package. Particular companies provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing transaction software to charge your clients. You can then sell domain names and shared website hosting plans to customers, and since they provide plenty of different domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.