The World Wide Web is an ever-developing platform that delivers new opportunities to earn cash online. One of these ways is to become a domain reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is a flowering marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name comprises two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include two-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and determines the prerequisites that each specific TLD may contain, such as the length of the registration period 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 manage all domain resource records.
Make Profit From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to make profit from offering domain names to end users. If you register with such a program, you can kick off your own Internet business. Normally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can reach more users in areas or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Domains On Behalf Of Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will obtain a website hosting CP where you can settle the prices for the different Top-Level Domains that the Registrar provides. Most corporations also provide invoice transaction software and web design skins for your virtual shop, and the automation of the entire procedure together with the high demand for domain names render the domain reseller business so tempting. You will either obtain a pre-made site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal online portal and form for placing orders. Generally, you have the option to choose between the 2 alternatives, so it all depends on how advanced you are in these matters. As a domain reseller, you will work on behalf of your own trademark name and not under the Registrar's brand.
Earn Cash From Promoting Website Hosting Accounts Too
An appropriate addition to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to users who would like to run their site and require both a domain name and a hosting plan. A few firms furnish such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice transaction software to charge your clients. You can then sell domains and shared website hosting packages to clients, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to users from all over the world.