The World Wide Web is an ever-enlarging community that supplies new opportunities to earn money on the Web. One of them is to become a domain reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a flourishing marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain includes 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-character abbreviations that correspond to each country. Instances 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 one, has a Registry - an organization that tackles the registrations and sets the prerequisites that each specific TLD may have, among them the duration of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all DNS records.
Gain Money From Offering Domains
Plenty of Registrars have reseller programs that enable people to make money from offering domains to end customers. If you subscribe to such a program, you can kick off your own Internet business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can contact more customers in local districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will obtain a website hosting CP where you can determine the prices for the various TLDs that the Registrar offers. Most firms also provide invoicing software and web layouts for your web shop, and the automation of the whole process combined with the big demand for domains make the domain reseller industry so alluring. You will either receive a ready-for-use site and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal portal and form for placing orders. Commonly, you have the opportunity to choose between the 2 alternatives, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will work under your own brand name and not under the Registrar's.
Gain Cash From Reselling Web Page Hosting Services As Well
A reasonable addition to your domain reseller business would be to sell web hosting services as well. In this way, you can give a package deal to individuals who wish to set up their web page and require both a domain and a site hosting account. Certain companies furnish such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice transaction software to bill your clients. You can then offer domain names and shared web hosting packages to clients, and since they provide many different domain extensions, you will be able to offer domain and hosting services to clients from all over the globe.