The Internet is an ever-increasing community that furnishes new ways to gain money online. One of these opportunities is to become a domain reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is an increasing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-letter abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the requirements that each given Top-Level Domain may contain, like the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to customers and handle all domain resource records.
Earn Money From Selling Domains
Multiple Registrars have reseller programs that permit individuals to earn revenue from selling domain names to end customers. If you sign up for such a program, you can commence your own personal online business. Typically, a domain will cost less 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 contact more clients in regions or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Personal Brand
When you sign up for a domain name reseller program, you will receive a CP where you can set the prices for the specific top-level domain names that the Registrar offers. Most firms also offer billing software and web design skins for your web shop, and the automation of the entire procedure combined with the swelling demand for domains render the domain reseller market so attractive. You will either get a pre-developed web site and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal web portal and order form. Normally, you have the option to select between the 2 alternatives, so it all depends on how practiced you are in these affairs. As a domain reseller, you will sell under your own brand and not on behalf of the Registrar's brand.
Gain Cash From Trading Web Space Hosting Packages Too
A good supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to customers who wish to manage their online portal and require both a domain and a website hosting plan. Particular firms have such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing management software to charge your clients. You can then sell domains and shared hosting packages to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain and hosting services to persons from all around the globe.