The World Wide Web is an ever-expanding community that provides new ways to gain cash on the Web. One of these ways is to be a domain reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are millions of presently active domain names, so this is an increasing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an organization that handles the registrations and sets the prerequisites that each given top-level domain name may include, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain records.
Earn Cash From Selling Domain Names
A lot of Registrars have reseller programs that allow individuals to earn cash from selling domains to end users. If you subscribe to such a program, you can build your own e-business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more people in local districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain reseller program, you will acquire a web page hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar offers. Most companies also offer invoice management software and website skins for your online storefront, and the automation of the whole procedure combined with the increasing demand for domains render the domain name reseller market so tempting. You will either obtain a pre-built site and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web page and form for placing orders. Commonly, you have the option to pick between the two alternatives, so it all depends on how practiced you are in these matters. As a domain name reseller, you will sell under your very own trademark name and not under the Registrar's brand.
Make Cash From Selling Web Hosting Solutions Too
A suitable addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to clients who would like to set up their site and demand both a domain and a website hosting account. A few corporations provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your clients. You can then sell domain names and shared hosting plans to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain name and hosting services to persons from all over the globe.