The World Wide Web is an ever-increasing system that generates new opportunities to gain cash on the Web. One of these options is to be a domain name reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is an enlarging marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name is made of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an organization that manages the registrations and determines the prerequisites that each given TLD may have, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name resource records.
Earn Cash From Reselling Domain Names
A lot of Registrars have reseller programs that permit people to gain revenue from selling domain names to end users. If you subscribe to such a program, you can set up your very own personal web business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more users in regional communities or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domains Under Your Own Brand
When you subscribe to a domain reseller program, you will obtain a site hosting Control Panel where you can settle the prices for the individual top-level domain names that the Registrar provides. Most companies also provide invoice transaction software and web site skins for your web store, and the automation of the whole procedure coupled with the considerable demand for domain names make the domain reseller business niche so attractive. You will either have a ready-made web site and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own web site and form for placing orders. Typically, you have the opportunity to select between the two alternatives, so it all depends on how skillful you are in these matters. As a domain name reseller, you will operate under your own brand name and not under the Registrar's brand.
Make Profit From Selling Website Hosting Solutions Too
A relevant supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to people who would like to launch their website and need both a domain name and a web page hosting account. A number of companies provide such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing software to charge your clients. You can then sell Top-Level Domains and shared hosting accounts 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 over the world.