Make money online as a domain management service provider

The internet boom has opened up newer opportunities for everybody who is looking to make a decent income. And this has just evolved further with the explosive growth of the cyber world. Among the many online money making opportunities that help people to make a steady income is domain management services.

 Before you understand what this online money making scheme entails, it is important to know more about domains. Quite simply a domain is the name of a website for instance Google , Yahoo, eBay are all domain names. But this is the layman definition to put in more technical terms or rather to explain the working of a domain name, its technical definition is a name that corresponds to a specific series of numbers called IP address. When you are looking for a website online, what your computer is doing is essentially looking for the IP address of that particular website in the vast cyber space. But can you imagine remembering specific strings of numbers? I am sure not, it would be cumbersome and almost impossible. That where domain names came onto the scene, words easier to remember and associate than numbers. So even though each website that we visit has an IP address we are never really bothered with it all we do is either directly enter the name of the website in the browser or in the search engines. 

 When internet was relatively new the number of websites in the cyber world were significantly lower however with the rapid and exponential expansion of the internet, there are now millions f websites with at least a few thousand relating to any specific topic. The sheer volume of websites increased the importance of domain names. Now the normal procedure of getting a domain name involved choosing one, let’s say, I choose the name crazymonkey, next I have to choose the extension of my choice that is dot com or dot in etc and then I have to check if that particular domain name is available or it already belongs to somebody else. If it doesn’t I can register it and make it mine. However the registration is for a set period and if I fail to renew the name in about 75 - 90 days the name expires and can be picked up by somebody else. Now it’s not unusual to see companies and web masters who have a portfolio of websites and it becomes fairly difficult for them to keep track of the dates when the different websites are due for registrations renewal. But that doesn’t mean that they would like to give up or let a particular domain expire. This is where your services can be needed. With a little bit of smart talking, dedication and good planning you can make a decent amount of money by offering to help companies and webmasters with domain management services. This simply means that you will keep track of when the domains have to be renewed. 

 If you are interested in this line of work you will need to get in touch with the different web masters, contact details are usually mentioned on the website. You can initially offer your services for one or two websites for free and then charge for the other domains. You have to remember that competition is rampant since many web hosting providers offer domain management services. So you have to be better and cheaper than them. You will need to customize your services to incorporate other value added benefits like pointing the domain to the correct URL incase the web host is changed, handling domain transfer and hosting of new domains. 

 Once you have managed to set up a deal with a few clients it would be worth the money and time to get your own website advertising your skills. After all it would be ironic for a domain management service provider not to have a website of his/her own. The line of work needs practically no investment to begin with because you are not paying for the registration renewal the website owner does that. But you will need to be patient to get your first client. In the meanwhile, you may want to put in some effort into finding out more about the best web hosting service providers, registrars and the procedure for registering a new domain or renewing an existing one.