The World Wide Web is an ever-developing system that offers new possibilities to earn cash on the Web. One of these possibilities is to become a domain name reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are millions of presently functioning domains, so this is a flourishing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain is made of two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-character abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an institution that deals with the registrations and sets the prerequisites that each particular TLD may contain, like the length of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain name resource records.
Make Cash From Trading Domains
Plenty of Registrars have reseller programs that permit people to gain cash from offering domains to end clients. If you register with such a program, you can start your own e-business. Regularly, a domain name will cost less 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 individuals in regional districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domains Under Your Own Trademark Name
When you subscribe to a domain reseller program, you will obtain a web page hosting Control Panel where you can set the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also provide billing management software and themes for your virtual shop, and the automation of the whole process combined with the increasing demand for domain names make the domain name reseller market niche so alluring. You will either get a pre-developed website and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own web portal and order form. Typically, you have the option to choose between the 2 alternatives, so it all depends on how skillful you are in these things. As a domain reseller, you will do business on behalf of your very own personal brand name and not under the Registrar's.
Earn Money From Selling Web Hosting Solutions Too
A logical supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to persons who would like to create their site and demand both a domain name and a web site hosting account. Particular companies provide such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice software to charge your clients. You can then sell domain names and shared web hosting plans to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.