The World Wide Web is an ever-enlarging network that provides new ways to earn cash on the Internet. One of them is to be a domain reseller and offer domain names to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of presently functioning domain names, so this is a flourishing marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of 2-letter abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the requirements that each given Top-Level Domain may involve, like the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain resource records.
Gain Money From Selling Domain Names
Many Registrars have reseller programs that allow people to gain revenue from offering domains to end customers. If you sign up for such a program, you can begin your very own personal web business. As a rule, 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 customers in provinces or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit 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.
Sell Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will have a website hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar offers. Most firms also provide billing management software and design templates for your web shop, and the automation of the whole procedure combined with the increasing demand for domain names render the domain reseller business niche so desirable. You will either receive a turn-key web site and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal web site and order form. Normally, you have the opportunity to pick between the two possibilities, so it all depends on how skilled you are in these things. As a domain name reseller, you will do business on behalf of your personal trademark name and not under the Registrar's.
Gain Profit From Supplying Web Hosting Plans As Well
An adequate supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to customers who wish to build their web portal and demand both a domain name and a web site hosting account. Particular companies have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing transaction software to charge your clients. You can then offer domains and shared hosting packages to customers, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to persons from all around the world.