The World Wide Web is an ever-developing platform that supplies new options to gain money on the Internet. One of these options is to be a domain name reseller and offer domains to end clients, gaining revenue 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 millions of presently functioning domains, so this is a flourishing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name includes two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-letter abbreviations that represent 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 or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each concrete top-level domain name may include, among them the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all DNS resource records.
Gain Cash From Trading Domains
Numerous Registrars have reseller programs that enable people to gain profit from offering domains to end customers. If you register with such a program, you can set up your very own personal online business. As a rule, 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 client. The explanation is that resellers can reach more persons in local regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Sell Domain Names On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will have a hosting CP where you can choose the prices for the specific TLDs that the Registrar offers. Most corporations also provide invoice software and design layouts for your online storefront, and the automation of the whole process coupled with the great demand for domains make the domain reseller market niche so alluring. You will either obtain a pre-made site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own online portal and order form. Generally, you have the opportunity to select between the two alternatives, so it all revolves around how expert you are in these issues. As a domain reseller, you will work under your very own personal brand name and not under the Registrar's.
Make Revenue From Selling Hosting Services Too
An appropriate supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to customers who wish to create their web portal and require both a domain and a webspace hosting plan. A few companies supply such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice transaction software to charge your clients. You can then sell TLDs and shared hosting packages to clients, and since they provide plenty of diverse domain extensions, you will be able to provide domain and hosting services to clients from all around the globe.