The Internet is an ever-growing community that furnishes new options to earn money on the Web. One of them is to be a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a flourishing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-letter 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 generic Top-Level Domain or a ccTLD, has a Registry - an institution that tackles the registrations and determines the requirements that each concrete Top-Level Domain may have, such as the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to clients and handle all DNS resource records.
Earn Profit From Reselling Domains
Numerous Registrars have reseller programs that enable people to gain revenue from offering domain names to end users. If you subscribe to such a program, you can kick off your very own online business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more clients in local regions or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade TLDs Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a hosting Control Panel where you can select the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide invoicing software and web site themes for your virtual storefront, and the automation of the entire process coupled with the swelling demand for domain names make the domain name reseller market niche so seductive. You will either acquire a pre-made site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web portal and order form. Traditionally, you have the opportunity to pick between the 2 possibilities, so it all depends on how practiced you are in these things. As a domain reseller, you will work on behalf of your very own personal brand and not on behalf of the Registrar's brand.
Gain Money From Reselling Web Page Hosting Accounts Too
A good supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to individuals who would like to launch their online portal and need both a domain and a site hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing transaction software to charge your customers. You can then offer Top-Level Domains and shared web hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to people from all around the world.