The World Wide Web is an ever-enlarging network that furnishes new possibilities to make money online. One of these possibilities is to become a domain name reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently active domains, so this is an enlarging marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain is composed of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that is responsible for the registrations and determines the requirements that each given Top-Level Domain may contain, among them the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain records.
Earn Cash From Reselling Domain Names
A lot of Registrars have reseller programs that enable people to make profit from selling domains to end customers. If you register with such a program, you can kickstart your very own e-business. Regularly, 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 users in regional communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Offer Domain Names Under Your Very Own Trademark Name
When you register with a domain reseller program, you will obtain a web page hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoicing software and website themes for your web shop, and the automation of the whole process coupled with the expanding demand for domain names render the domain name reseller industry so tempting. You will either have a ready-for-use web site and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal portal and form for placing orders. Generally, you have the option to select between the two options, so it all depends on how expert you are in these affairs. As a domain reseller, you will sell on behalf of your own trademark name and not under the Registrar's.
Earn Cash From Promoting Web Page Hosting Accounts Too
A good addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to persons who wish to establish their site and require both a domain and a hosting plan. A number of firms offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing software to charge your clients. You can then offer domain names and shared web hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to offer domain and hosting services to persons from all around the globe.