The World Wide Web is an ever-expanding network that supplies new options to earn money on the Internet. One of these possibilities is to become a domain reseller and sell domain names to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are millions of currently functioning domains, so this is a growing marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name involves two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-character abbreviations that stand for 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 top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and sets the preconditions that each given Top-Level Domain may contain, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to clients and handle all domain records.
Earn Cash From Offering Domain Names
Lots of Registrars have reseller programs that enable individuals to earn money from offering domain names to end clients. If you subscribe to such a program, you can initiate your own personal web business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more individuals in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade Domain Names On Behalf Of Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will acquire a web site hosting CP where you can select the prices for the different Top-Level Domains that the Registrar provides. Most firms also provide billing transaction software and web page layouts for your virtual shop, and the automation of the whole process coupled with the enlarging demand for domain names render the domain name reseller business so seductive. You will either acquire a pre-developed website and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web portal and form for placing orders. Generally, you have the option to pick between the 2 possibilities, so it all depends on how proficient you are in these issues. As a domain name reseller, you will sell on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Earn Revenue From Trading Web Space Hosting Accounts As Well
An adequate addition to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to persons who want to create their web page and demand both a domain name and a web page hosting plan. Particular companies offer such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to bill your clients. You can then sell TLDs and shared hosting packages to customers, and since they provide plenty of different domain extensions, you will be able to provide domain and hosting services to users from all around the globe.