The World Wide Web is an ever-expanding community that furnishes new possibilities to earn money on the Web. One of these opportunities is to be a domain name reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of presently active domains, so this is a blossoming marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is made of two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-letter abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the requirements that each given TLD may impose, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain resource records.
Gain Cash From Reselling Domains
Multiple Registrars have reseller programs that enable individuals to earn revenue from offering domains to end clients. If you register with such a program, you can establish your own electronic business. Normally, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more individuals in local districts or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Sell Domains On Behalf Of Your Very Own Brand
When you register with a domain name reseller program, you will get a web hosting Control Panel where you can settle the prices for the different TLDs that the Registrar offers. Most corporations also provide billing software and web skins for your virtual store, and the automation of the entire procedure combined with the great demand for domain names render the domain name reseller industry so attractive. You will either obtain a pre-developed site and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own web page and form for placing orders. Generally, you have the option to pick between the two options, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will do business under your own personal brand and not on behalf of the Registrar's.
Gain Revenue From Promoting Web Hosting Services As Well
A nice supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to users who would like to make their website and need both a domain and a hosting package. A number of firms provide such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing management software to bill your customers. You can then offer domains and shared web hosting packages to clients, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to users from all around the world.