The World Wide Web is an ever-expanding system that delivers new options to earn cash on the Web. One of these ways is to become a domain name reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is a thriving marketing niche that you can be involved in.
TLDs and SLDs
A domain name contains two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-character abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that tackles the registrations and determines the requirements that each specific top-level domain name may entail, like the duration of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain name resource records.
Make Revenue From Reselling Domains
Plenty of Registrars have reseller programs that allow people to make revenue from selling domain names to end customers. If you sign up for such a program, you can build your very own personal e-business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more clients in local regions or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer Domain Names Under Your Own Brand
When you register with a domain reseller program, you will obtain a hosting Control Panel where you can select the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide invoice transaction software and web site layouts for your online shop, and the automation of the entire process combined with the flourishing demand for domains render the domain reseller business niche so attractive. You will either have a pre-built web 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 own portal and form for placing orders. Usually, you have the option to select between the 2 alternatives, so it all depends on how expert you are in these matters. As a domain name reseller, you will work on behalf of your own brand and not under the Registrar's brand.
Make Money From Offering Web Hosting Packages Too
A logical supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to persons who would like to launch their web page and need both a domain and a website hosting plan. Certain corporations furnish such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free invoicing transaction software to bill your clients. You can then sell top-level domain names and shared hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to offer domain and hosting services to users from all over the world.