The World Wide Web is an ever-increasing platform that provides new opportunities to earn money online. One of these ways is to be a domain name reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names 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 involved in.
Top-Level and Second-Level Domains Names
A domain consists of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that administers the registrations and sets the prerequisites that each particular top-level domain name may have, including the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain records.
Make Cash From Trading Domain Names
Plenty of Registrars have reseller programs that enable individuals to earn money from offering domain names to end clients. If you register with such a program, you can commence your own personal Internet business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can reach more people in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will receive a Control Panel where you can choose the prices for the different top-level domain names that the Registrar offers. Most firms also offer invoice management software and design layouts for your web store, and the automation of the entire procedure combined with the expanding demand for domain names make the domain name reseller market so desirable. You will either obtain a pre-developed site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal site and form for placing orders. Normally, you have the opportunity to pick between the 2 options, so it all depends on how practiced you are in these issues. As a domain name reseller, you will do business on behalf of your own brand name and not on behalf of the Registrar's brand.
Earn Money From Selling Site Hosting Plans As Well
A logical addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to customers who want to make their website and require both a domain and a web space hosting plan. A number of corporations furnish 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 name reseller account and cost-free invoicing transaction software to bill your clients. You can then offer TLDs and shared web hosting packages to clients, and since they provide many different domain extensions, you will be able to provide domain and hosting services to customers from all around the world.