The World Wide Web is an ever-flourishing system that supplies new possibilities to gain money online. One of these options is to be a domain name reseller and sell domain names to end clients, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of currently active domain names, so this is a blooming marketing niche that you can become involved in.
TLDs and SLDs
A domain is composed of 2 parts - 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.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain 2-letter abbreviations that stand for each country. Instances of country-code TLDs 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 organization that is responsible for the registrations and determines the requirements that each concrete top-level domain name may contain, including the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to clients and handle all DNS resource records.
Gain Money From Selling Domains
Multiple Registrars have reseller programs that allow individuals to gain revenue from offering domains to end clients. If you subscribe to such a program, you can build your own web business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more clients in regional communities or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will obtain a web hosting CP where you can choose the prices for the various TLDs that the Registrar offers. Most companies also provide billing software and web design skins for your online store, and the automation of the entire process together with the swelling demand for domains make the domain name reseller market so alluring. You will either have a ready-to-use website and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal web site and order form. Generally, you have the opportunity to select between the 2 alternatives, so it all depends on how skilled you are in these things. As a domain reseller, you will sell under your own personal brand and not on behalf of the Registrar's.
Gain Money From Supplying Hosting Services As Well
A good supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to persons who wish to build their web portal and require both a domain and a webspace hosting plan. Some firms supply such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to charge your customers. You can then sell TLDs and shared web hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain and hosting services to users from all over the globe.