The Internet is an ever-growing community that generates new ways to earn money online. One of them is to be a domain reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of currently functioning domains, so this is an increasing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain is made of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".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 gTLDs comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include two-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that deals with the registrations and determines the prerequisites that each particular Top-Level Domain may include, like the length of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to customers and manage all DNS records.
Make Money From Reselling Domains
Many Registrars have reseller programs that allow individuals to make money from offering domain names to end clients. If you subscribe to such a program, you can initiate your own personal web business. Usually, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more persons in regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Top-Level Domains On Behalf Of Your Very Own Brand Name
When you sign up for a domain reseller program, you will have a web hosting Control Panel where you can select the prices for the various TLDs that the Registrar provides. Most companies also provide invoice software and site templates for your virtual store, and the automation of the whole process together with the swelling demand for domain names make the domain name reseller market so seductive. You will either get a ready-for-use site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own website and form for placing orders. Generally, you have the opportunity to select between the two options, so it all depends on how expert you are in these matters. As a domain name reseller, you will operate under your personal trademark name and not on behalf of the Registrar's brand.
Make Cash From Offering Web Page Hosting Packages Too
An appropriate supplement to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to persons who want to run their website and demand both a domain and a hosting plan. Particular companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to charge your customers. You can then offer TLDs and shared website hosting packages to customers, and since they offer many diverse domain extensions, you will be able to provide domain name and hosting services to customers from all over the globe.