The World Wide Web is an ever-increasing platform that supplies new possibilities to gain cash online. One of these opportunities is to become a domain name reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is a blossoming marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name contains 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-letter abbreviations that signify each country. Examples of country-code top-level domain names 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 institution that handles the registrations and determines the preconditions that each specific TLD may involve, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain name resource records.
Earn Cash From Trading Domain Names
Plenty of Registrars have reseller programs that permit people to gain money from offering domains to end clients. If you register with such a program, you can begin your own personal online business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more people in local regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Domain Names Under Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will get a web hosting CP where you can select the prices for the specific Top-Level Domains that the Registrar offers. Most firms also offer billing transaction software and site skins for your virtual store, and the automation of the whole procedure coupled with the vast demand for domains make the domain name reseller market so tempting. You will either obtain a pre-developed site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal web site and order form. Traditionally, you have the option to choose between the two possibilities, so it all depends on how expert you are in these issues. As a domain name reseller, you will sell on behalf of your own personal trademark name and not under the Registrar's.
Make Money From Providing Site Hosting Services Too
A relevant addition to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to individuals who wish to build their web site and require both a domain and a web space hosting plan. Certain companies offer such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also give you a domain reseller account and free billing software to charge your customers. You can then sell Top-Level Domains and shared website hosting accounts to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain and hosting services to users from all over the world.