The World Wide Web is an ever-enlarging network that delivers new opportunities to earn cash online. One of these possibilities is to be a domain reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently active domains, so this is a flowering marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name is made of 2 entities - 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 Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-character abbreviations that represent 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 or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the requirements that each given Top-Level Domain may include, such as the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and handle all DNS records.
Gain Money From Selling Domain Names
Lots of Registrars have reseller programs that enable individuals to make money from offering domain names to end users. If you sign up for such a program, you can launch your own e-business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more customers in local regions or countries where the Registrar may not be known at all. This means 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 requires for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Brand Name
When you register with a domain reseller program, you will obtain a web hosting CP where you can settle the prices for the separate TLDs that the Registrar provides. Most corporations also offer invoicing transaction software and skins for your web storefront, and the automation of the whole process combined with the expanding demand for domain names make the domain reseller industry so seductive. You will either have a ready-to-use site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own site and order form. Typically, you have the option to decide between the 2 alternatives, so it all depends on how expert you are in these matters. As a domain reseller, you will do business under your very own trademark name and not under the Registrar's brand.
Gain Revenue From Providing Web Site Hosting Plans Too
A proper supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to people who want to build their site and need both a domain and a web site hosting plan. A number of companies furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice management software to charge your customers. You can then sell TLDs and shared website hosting accounts to clients, and since they offer many different domain name extensions, you will be able to provide domain and hosting services to persons from all over the world.