The World Wide Web is an ever-flourishing network that supplies new ways to earn cash on the Internet. One of them is to become a domain name reseller and offer domains to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a flourishing marketing niche that you can become involved in.
TLDs and SLDs
A domain name is made of two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of two-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the prerequisites that each given Top-Level Domain may involve, like the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain name resource records.
Make Money From Selling Domain Names
Numerous Registrars have reseller programs that permit people to earn cash from offering domain names to end users. If you sign up for such a program, you can begin your very own personal electronic business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more people in regional communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will cash in on 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.
Offer Domains On Behalf Of Your Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a website hosting Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also provide billing management software and web layouts for your web storefront, and the automation of the entire procedure combined with the enormous demand for domains render the domain name reseller business so alluring. You will either obtain a pre-developed site and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal web site and order form. Commonly, you have the option to decide between the 2 possibilities, so it all depends on how proficient you are in these affairs. As a domain reseller, you will work under your own personal brand and not under the Registrar's.
Make Cash From Promoting Website Hosting Accounts Too
A good addition to your domain reseller business would be to sell web hosting services too. Thereby, you can give a package deal to customers who desire to manage their site and require both a domain name and a web site hosting package. A few companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to bill your customers. You can then offer domain names and shared website hosting packages to clients, and since they offer many diverse domain extensions, you will be able to offer domain name and hosting services to customers from all over the world.