The Internet is an ever-growing system that provides new possibilities to gain money on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end customers, 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 each day, and there are 1 000 000's of currently functioning domains, so this is a flowering marketing niche that you can be engaged in.
TLDs and SLDs
A domain comprises two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and sets the prerequisites that each specific top-level domain name may have, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain records.
Gain Cash From Offering Domains
Numerous Registrars have reseller programs that allow people to earn money from offering domain names to end customers. If you register with such a program, you can establish your very own web business. Commonly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more clients in provinces or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domains On Behalf Of Your Personal Brand
When you subscribe to a domain reseller program, you will have a web hosting Control Panel where you can select the prices for the various top-level domain names that the Registrar provides. Most firms also offer invoice transaction software and website skins for your web storefront, and the automation of the whole process together with the large demand for domains make the domain name reseller industry so alluring. You will either acquire a ready-to-use web 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 set up your very own website and form for placing orders. Commonly, you have the option to select between the 2 alternatives, so it all depends on how practiced you are in these things. As a domain reseller, you will operate on behalf of your very own brand and not under the Registrar's brand.
Earn Revenue From Supplying Website Hosting Accounts As Well
A suitable addition to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to clients who want to establish their website and require both a domain and a website hosting plan. A number of firms provide such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing management software to bill your customers. You can then sell domain names and shared web hosting packages to customers, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.