The World Wide Web is an ever-enlarging network that furnishes new possibilities to gain cash online. One of these possibilities is to be a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domains, so this is a growing marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name contains 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an institution that administers the registrations and determines the requirements that each concrete Top-Level Domain may contain, such as the duration of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain name resource records.
Gain Money From Reselling Domains
Many Registrars have reseller programs that permit individuals to make profit from offering domain names to end users. If you register with such a program, you can kickstart your very own personal electronic business. As a rule, 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 client. The cause is that resellers can contact more customers in regional communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Top-Level Domains Under Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will have a web space hosting Control Panel where you can determine the prices for the various top-level domain names that the Registrar offers. Most corporations also provide invoice transaction software and skins for your virtual storefront, and the automation of the whole procedure coupled with the expanding demand for domain names make the domain reseller industry so seductive. You will either obtain a ready-for-use website and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own web page and order form. Typically, you have the opportunity to decide between the 2 possibilities, so it all depends on how experienced you are in these matters. As a domain name reseller, you will work under your own personal brand name and not under the Registrar's.
Gain Cash From Offering Web Hosting Solutions As Well
An adequate supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to people who want to develop their web page and demand both a domain name and a site hosting plan. A few companies provide such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to charge your customers. You can then sell domain names and shared hosting plans to clients, and since they provide a lot of diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the world.