The World Wide Web is an ever-growing community that delivers new options to gain money on the Web. One of these opportunities is to be a domain name reseller and offer domains to end customers, generating profit 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 an expanding marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
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 example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that tackles the registrations and sets the preconditions that each particular top-level domain name may include, among them the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact sell the domain name to customers and administer all DNS records.
Make Profit From Selling Domain Names
Plenty of Registrars have reseller programs that permit individuals to earn cash from selling domain names to end users. If you register with such a program, you can commence your very own personal online business. Generally, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more customers in regional districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Sell Top-Level Domain Names Under Your Own Trademark Name
When you sign up for a domain reseller program, you will acquire a hosting Control Panel where you can settle the prices for the separate top-level domain names that the Registrar offers. Most corporations also offer invoice software and templates for your virtual shop, and the automation of the entire procedure combined with the high demand for domain names make the domain name reseller market niche so alluring. You will either acquire a pre-built website and use the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own portal and form for placing orders. Generally, you have the opportunity to choose between the two options, so it all depends on how experienced you are in these matters. As a domain name reseller, you will work on behalf of your personal trademark name and not under the Registrar's brand.
Earn Cash From Providing Web Hosting Accounts As Well
An appropriate addition to your domain reseller business would be to sell web hosting plans too. Thus, you can give a package deal to persons who desire to create their website and need both a domain and a web hosting account. Given companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice management software to bill your clients. You can then sell domain names and shared website hosting plans to customers, and since they offer lots of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all over the globe.