The World Wide Web is an ever-expanding platform that provides new opportunities to earn cash on the Internet. One of these ways is to be a domain reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is a growing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is made of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-character 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 Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the requirements that each specific Top-Level Domain may include, including the length of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact sell the domain name to customers and manage all DNS resource records.
Earn Cash From Reselling Domain Names
A lot of Registrars have reseller programs that enable people to earn cash from offering domain names to end clients. If you register with such a program, you can kickstart your very own personal online business. Commonly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more individuals in areas or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will earn a 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 name registration.
Offer Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a web page hosting Control Panel where you can settle the prices for the individual top-level domain names that the Registrar provides. Most corporations also provide invoice management software and design layouts for your web shop, and the automation of the entire procedure combined with the growing demand for domain names render the domain reseller market so attractive. You will either obtain a pre-made website and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal web site and order form. Usually, you have the opportunity to pick between the two alternatives, so it all revolves around how advanced you are in these issues. As a domain reseller, you will operate under your own personal trademark name and not on behalf of the Registrar's.
Gain Revenue From Providing Hosting Packages As Well
An excellent addition to your domain reseller business would be to sell web hosting services as well. In this way, you can give a package deal to clients who would like to build their web portal and require both a domain name and a web hosting package. Some corporations have such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to bill your clients. You can then offer top-level domain names and shared web hosting packages to clients, and since they provide many diverse domain extensions, you will be able to offer domain and hosting services to persons from all over the world.