The World Wide Web is an ever-growing system that supplies new possibilities to make money online. One of these possibilities is to be a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently active domains, so this is an increasing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain contains two pieces - 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 Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-letter abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that deals with the registrations and determines the preconditions that each specific TLD may impose, such as the length of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all DNS resource records.
Earn Profit From Selling Domain Names
Lots of Registrars have reseller programs that allow people to make money from selling domain names to end users. If you register with such a program, you can kick off your very own online business. Generally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more persons in regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell TLDs Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will have a CP where you can determine the prices for the different Top-Level Domains that the Registrar offers. Most companies also offer invoice transaction software and web page themes for your virtual storefront, and the automation of the entire procedure combined with the enlarging demand for domain names render the domain reseller industry so tempting. You will either obtain a ready-made site and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own website and order form. Commonly, you have the option to decide between the two options, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will sell under your very own personal brand and not on behalf of the Registrar's brand.
Gain Cash From Selling Webspace Hosting Packages Too
A proper addition to your domain reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to customers who want to build their web site and need both a domain and a web hosting plan. Some firms have such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and free billing transaction software to charge your customers. You can then offer domain names and shared hosting packages to clients, and since they provide lots of different domain name extensions, you will be able to provide domain name and hosting services to people from all around the globe.