The Internet is an ever-increasing platform that furnishes new options to gain money on the Internet. One of these opportunities is to be a domain reseller and sell domains to end users, earning profit 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 1 000 000's of presently active domains, so this is a flourishing marketing niche that you can become engaged 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 (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-letter abbreviations that correspond to 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 or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the requirements that each concrete TLD may include, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain resource records.
Make Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that allow people to gain revenue from selling domain names to end users. If you register with such a program, you can start your very own personal web business. Generally, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more individuals in provinces or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade Domain Names Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will obtain a Control Panel where you can fix the prices for the specific top-level domain names that the Registrar offers. Most firms also provide billing management software and web templates for your online storefront, and the automation of the entire procedure together with the proliferating demand for domain names make the domain name reseller business so attractive. You will either get a ready-to-use website and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own website and form for placing orders. Normally, you have the opportunity to select between the two options, so it all depends on how advanced you are in these issues. As a domain name reseller, you will do business under your own personal trademark name and not under the Registrar's brand.
Make Revenue From Reselling Web Hosting Services As Well
A proper addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to clients who wish to develop their site and require both a domain and a web hosting account. A number of corporations furnish such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing management software to charge your clients. You can then sell TLDs and shared hosting accounts to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.