The World Wide Web is an ever-flourishing community that supplies new options to earn cash online. One of these options is to be a domain name reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently active domains, so this is a growing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name contains two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-character abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an organization that deals with the registrations and determines the requirements that each concrete TLD may involve, like the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and administer all domain name records.
Gain Money From Offering Domain Names
Numerous Registrars have reseller programs that permit people to gain money from selling domains to end customers. If you sign up for such a program, you can set up your own web business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more persons in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell Domains On Behalf Of Your Very Own Personal Brand
When you sign up for a domain reseller program, you will obtain a webspace hosting CP where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also offer invoicing software and design skins for your virtual store, and the automation of the whole procedure together with the enlarging demand for domain names render the domain reseller market so tempting. You will either obtain a pre-made website and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own website and form for placing orders. Typically, you have the opportunity to select between the 2 alternatives, so it all depends on how experienced you are in these issues. As a domain reseller, you will sell under your personal brand and not on behalf of the Registrar's brand.
Gain Profit From Offering Web Page Hosting Packages As Well
A perfect addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to users who would like to establish their website and need both a domain name and a website hosting plan. A number of firms furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to charge your customers. You can then offer domain names and shared web hosting accounts to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to people from all over the globe.