The World Wide Web is an ever-expanding community that provides new possibilities to earn cash on the Internet. One of them is to be a domain name reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is an enlarging marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain includes two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".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 gTLDs comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-letter abbreviations that represent each country. Examples 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 top-level domain name or a country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the requirements that each concrete top-level domain name may include, including the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name records.
Gain Cash From Trading Domain Names
Plenty of Registrars have reseller programs that enable people to earn revenue from offering domains to end users. If you register with such a program, you can start your very own online business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more customers in regional communities or states where the Registrar may not be famous whatsoever. 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 client pays and the one that the Registrar levies for the domain registration.
Sell Domains Under Your Personal Trademark Name
When you sign up for a domain reseller program, you will get a web space hosting CP where you can choose the prices for the specific TLDs that the Registrar provides. Most corporations also offer billing software and web layouts for your virtual storefront, and the automation of the entire process coupled with the significant demand for domains make the domain name reseller business niche so tempting. You will either receive a pre-made web site and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal online portal and form for placing orders. Typically, you have the opportunity to decide between the 2 alternatives, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will work under your own brand name and not under the Registrar's brand.
Make Profit From Providing Web Hosting Solutions As Well
An excellent supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to persons who want to build their online portal and require both a domain and a site hosting plan. A number of firms offer such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice management software to charge your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to customers from all over the globe.