The World Wide Web is an ever-growing system that furnishes new possibilities to make money on the Web. One of these opportunities is to be a domain name reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a flourishing marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name consists of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise 2-letter abbreviations that denote 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 one, has a Registry - an institution that manages the registrations and determines the prerequisites that each concrete TLD may have, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain name resource records.
Earn Cash From Offering Domain Names
A lot of Registrars have reseller programs that enable individuals to earn profit from offering domain names to end users. If you sign up for such a program, you can begin your very own personal electronic business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can contact more persons in local communities or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Very Own Brand Name
When you register with a domain name reseller program, you will receive a web space hosting Control Panel where you can choose the prices for the individual top-level domain names that the Registrar offers. Most companies also provide invoicing software and site skins for your web shop, and the automation of the whole process combined with the great demand for domains make the domain reseller market niche so tempting. You will either have a pre-made web site and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own web portal and form for placing orders. Normally, you have the opportunity to decide between the 2 options, so it all revolves around how experienced you are in these issues. As a domain name reseller, you will do business on behalf of your personal brand name and not on behalf of the Registrar's brand.
Earn Revenue From Offering Web Page Hosting Solutions As Well
An excellent supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to people who desire to run their web portal and demand both a domain and a webspace hosting plan. Certain companies offer such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice transaction software to charge your customers. You can then offer domains and shared hosting packages to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to users from all around the globe.