The World Wide Web is an ever-enlarging community that generates new options to gain cash on the Web. One of these opportunities is to become a domain reseller and offer domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is an expanding marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name consists of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the prerequisites that each concrete top-level domain name may involve, such as the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually offer the domain name to clients and manage all DNS resource records.
Earn Money From Offering Domain Names
Plenty of Registrars have reseller programs that permit individuals to make revenue from selling domains to end customers. If you subscribe to such a program, you can set up your very own online business. Typically, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can contact more customers in local districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Offer Domains Under Your Own Trademark Name
When you register with a domain name reseller program, you will get a webspace hosting CP where you can set the prices for the specific Top-Level Domains that the Registrar offers. Most firms also provide invoicing software and web layouts for your virtual store, and the automation of the whole procedure coupled with the growing demand for domain names make the domain reseller industry so alluring. You will either have a pre-developed web site and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal website and order form. Typically, you have the opportunity to decide between the 2 options, so it all depends on how experienced you are in these things. As a domain name reseller, you will operate on behalf of your very own brand and not on behalf of the Registrar's brand.
Gain Profit From Supplying Web Site 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 wish to create their online portal and demand both a domain name and a hosting account. Given corporations furnish such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice software to bill your clients. You can then offer TLDs and shared hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain name and hosting services to people from all over the world.