The World Wide Web is an ever-flourishing community that offers new ways to earn money on the Web. One of these opportunities 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 and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is a blossoming marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name consists of 2 entities - 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 and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and determines the requirements that each particular TLD may include, such as the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain name resource records.
Make Profit From Selling Domains
Plenty of Registrars have reseller programs that allow individuals to earn revenue from selling domains to end clients. If you register with such a program, you can kickstart your own personal web business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more persons in local regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will profit from that. Your profit 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 sign up for a domain reseller program, you will acquire a site hosting CP where you can determine the prices for the various top-level domain names that the Registrar offers. Most companies also offer billing transaction software and web site layouts for your web shop, and the automation of the whole procedure coupled with the expanding demand for domain names make the domain reseller business so attractive. You will either get a turn-key site and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own web portal and order form. Generally, you have the opportunity to decide between the 2 possibilities, so it all depends on how practiced you are in these things. As a domain name reseller, you will sell under your own trademark name and not under the Registrar's.
Make Revenue From Reselling Web Site Hosting Solutions Too
A proper 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 create their online portal and need both a domain name and a website hosting account. Certain corporations supply such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing transaction software to bill your clients. You can then sell top-level domain names and shared website hosting plans to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.