The World Wide Web is an ever-increasing system that supplies new opportunities to earn cash online. One of these opportunities is to be a domain name reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is a thriving marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain comprises 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".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 gTLDs comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an organization that administers the registrations and determines the preconditions that each particular top-level domain name may include, like the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and handle all DNS records.
Earn Profit From Offering Domains
Many Registrars have reseller programs that allow people to gain revenue from offering domains to end clients. If you sign up for such a program, you can begin your own Internet business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more clients in areas or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will get a website hosting CP where you can settle the prices for the separate TLDs that the Registrar offers. Most firms also offer invoicing transaction software and site layouts for your online storefront, and the automation of the whole process combined with the high demand for domain names render the domain reseller industry so attractive. You will either get a turn-key web site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal portal and form for placing orders. Generally, you have the opportunity to select between the two options, so it all revolves around how expert you are in these matters. As a domain name reseller, you will work on behalf of your own brand name and not on behalf of the Registrar's.
Gain Cash From Providing Web Hosting Solutions As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to users who would like to have their website and need both a domain and a web hosting package. A number of companies furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to bill your clients. You can then offer Top-Level Domains and shared hosting accounts to customers, and since they provide many different domain extensions, you will be able to offer domain and hosting services to clients from all around the world.