The World Wide Web is an ever-enlarging community that supplies new ways to make cash on the Web. One of these possibilities is to be a domain name reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of presently active domain names, so this is a flowering marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain contains 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 name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-letter abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that handles the registrations and sets the preconditions that each given TLD may involve, such as the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain name records.
Make Revenue From Trading Domains
Lots of Registrars have reseller programs that enable individuals to make profit from selling domain names to end customers. If you register with such a program, you can establish your own personal web business. Usually, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can contact more clients in areas or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will 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 registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Brand
When you register with a domain reseller program, you will have a hosting CP where you can choose the prices for the various TLDs that the Registrar provides. Most firms also provide invoicing software and web layouts for your web storefront, and the automation of the whole procedure combined with the proliferating demand for domain names make the domain name reseller market niche so desirable. You will either receive a pre-developed website and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own website and form for placing orders. Generally, you have the option to select between the 2 alternatives, so it all depends on how skilled you are in these issues. As a domain reseller, you will work on behalf of your own brand and not under the Registrar's brand.
Gain Money From Promoting Website Hosting Solutions As Well
A suitable supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to people who wish to manage their site and demand both a domain name and a web space hosting package. Some firms have 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 cost-free invoice software to charge your clients. You can then sell domains and shared hosting packages to clients, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the world.