The World Wide Web is an ever-increasing network that supplies new opportunities to make cash online. One of these possibilities is to be a domain reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are millions of currently functioning domain names, so this is a flowering marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name contains two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain two-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, 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 term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and handle all domain name resource records.
Earn Revenue From Selling Domains
Plenty of Registrars have reseller programs that allow people to gain revenue from offering domain names to end customers. If you register with such a program, you can build your own Internet business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more persons in regional communities or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Sell Top-Level Domain Names Under Your Own Personal Brand
When you register with a domain reseller program, you will have a webspace hosting CP where you can determine the prices for the specific TLDs that the Registrar offers. Most corporations also offer billing management software and web site templates for your web shop, and the automation of the entire procedure coupled with the enlarging demand for domain names make the domain name reseller business so attractive. You will either get a ready-for-use web site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own online portal and form for placing orders. Commonly, you have the option to choose between the two possibilities, so it all depends on how expert you are in these things. As a domain name reseller, you will sell on behalf of your personal brand and not on behalf of the Registrar's brand.
Earn Revenue From Promoting Web Hosting Packages Too
An appropriate supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to clients who wish to manage their web site and demand both a domain name and a hosting plan. Given corporations have such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free billing transaction software to charge your customers. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they offer a lot of diverse domain name extensions, you will be able to offer domain and hosting services to users from all over the world.