The World Wide Web is an ever-growing network that delivers new ways to make cash on the Web. One of these options is to be a domain name reseller and offer domain names to end clients, 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 currently active domains, so this is a blossoming marketing niche that you can become engaged in.
TLDs and SLDs
A domain contains two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the prerequisites that each given Top-Level Domain may include, like the duration of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually offer the domain name to clients and administer all DNS records.
Earn Money From Reselling Domains
Multiple Registrars have reseller programs that enable people to make revenue from selling domain names to end users. If you register with such a program, you can kick off your own e-business. Usually, 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 users in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will receive a website hosting CP where you can fix the prices for the various TLDs that the Registrar offers. Most firms also offer invoice management software and design themes for your online shop, and the automation of the whole procedure together with the growing demand for domain names render the domain reseller industry so desirable. You will either obtain a pre-developed website and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal website and form for placing orders. Normally, you have the option to decide between the 2 possibilities, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will do business on behalf of your personal trademark name and not on behalf of the Registrar's.
Make Money From Supplying Webspace Hosting Accounts As Well
A nice addition to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to users who want to set up their web site and require both a domain and a hosting plan. A number of corporations supply such options. With 'ResellersPanel', for instance, you can have a VPS 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 sell domain names and shared website hosting accounts to customers, and since they provide plenty of different domain extensions, you will be able to offer domain and hosting services to customers from all over the world.