The World Wide Web is an ever-increasing platform that generates new options to earn cash on the Internet. One of these options is to be a domain name reseller and sell domains to end clients, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently active domain names, so this is a blooming business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is made of two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an institution that deals with the registrations and sets the preconditions that each given Top-Level Domain may include, such as the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain name records.
Earn Money From Reselling Domain Names
Numerous Registrars have reseller programs that allow individuals to earn cash from offering domains to end clients. If you register with such a program, you can set up your very own Internet business. Normally, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more customers in local regions or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Domain Names On Behalf Of Your Very Own Trademark Name
When you register with a domain name reseller program, you will obtain a web space hosting Control Panel where you can set the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also provide invoicing software and web design themes for your online store, and the automation of the entire procedure coupled with the vast demand for domains make the domain reseller market so desirable. You will either obtain a ready-to-use web site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own site and form for placing orders. Typically, you have the option to pick between the two possibilities, so it all revolves around how skilled you are in these issues. As a domain reseller, you will operate under your very own brand and not under the Registrar's.
Make Profit From Promoting Web Hosting Plans As Well
A nice supplement to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to users who desire to establish their site and require both a domain and a webspace hosting package. A number of firms supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice transaction software to bill your customers. You can then sell Top-Level Domains and shared web hosting packages to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all around the world.