The Internet is an ever-expanding platform that supplies new opportunities to make money on the Web. One of these opportunities is to become a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently active domains, so this is a blooming marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name contains two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the requirements that each concrete TLD may impose, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to clients and administer all domain resource records.
Gain Profit From Offering Domains
Numerous Registrars have reseller programs that allow individuals to earn profit from selling domain names to end users. If you sign up for such a program, you can commence your very own personal online business. Generally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can contact more persons in local districts or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties 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.
Trade Domain Names On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will have a website hosting Control Panel where you can select the prices for the specific TLDs that the Registrar provides. Most firms also provide invoice transaction software and skins for your virtual storefront, and the automation of the entire process coupled with the rising demand for domain names make the domain reseller business so alluring. You will either receive a ready-for-use website and make use of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own web site and form for placing orders. Commonly, you have the option to pick between the 2 possibilities, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will operate under your very own personal brand name and not under the Registrar's.
Make Cash From Selling Hosting Solutions Too
A relevant supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to individuals who wish to establish their site and need both a domain and a web site hosting plan. A number of firms supply such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to bill your customers. You can then offer TLDs and shared web hosting packages to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to persons from all over the globe.