The World Wide Web is an ever-developing platform that generates new opportunities to earn cash on the Web. One of these possibilities is to be a domain name reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is an increasing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain includes two constituents - 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.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed 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 TLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the requirements that each particular Top-Level Domain may include, among them the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and handle all domain name resource records.
Gain Profit From Selling Domains
Numerous Registrars have reseller programs that enable people to make profit from selling domains to end customers. If you sign up for such a program, you can build your very own personal web business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can reach more individuals in local regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell TLDs On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will obtain a CP where you can settle the prices for the various top-level domain names that the Registrar offers. Most firms also provide invoice management software and layouts for your virtual storefront, and the automation of the whole procedure coupled with the proliferating demand for domain names render the domain name reseller market so seductive. You will either have a ready-for-use website and make use of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Typically, you have the option to decide between the 2 possibilities, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will operate on behalf of your personal brand and not on behalf of the Registrar's.
Make Profit From Promoting Site Hosting Services Too
A sensible supplement to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to clients who wish to build their web portal and require both a domain name and a web page hosting package. Certain corporations provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice management software to charge your customers. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they provide lots of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the globe.