The World Wide Web is an ever-flourishing system that generates new ways to gain money on the Internet. One of these ways is to become a domain reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is an increasing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain consists of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each concrete Top-Level Domain may include, like the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to customers and administer all domain records.
Gain Profit From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to earn money from offering domain names to end clients. If you subscribe to such a program, you can commence your own personal web business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more customers in local communities or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Offer TLDs Under Your Own Brand
When you subscribe to a domain reseller program, you will obtain a web page hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most companies also offer invoicing transaction software and web themes for your web shop, and the automation of the entire procedure combined with the vast demand for domain names make the domain name reseller business niche so desirable. You will either have a pre-developed web site and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web site and order form. Commonly, you have the opportunity to pick between the two options, so it all revolves around how practiced you are in these issues. As a domain reseller, you will operate on behalf of your personal trademark name and not under the Registrar's.
Make Revenue From Supplying Website Hosting Services As Well
A relevant addition to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to persons who wish to have their website and demand both a domain name and a site hosting plan. A few companies offer such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free billing software to charge your clients. You can then offer domain names and shared website hosting plans to customers, and since they offer plenty of diverse domain extensions, you will be able to offer domain name and hosting services to clients from all over the globe.