The Internet is an ever-increasing platform that supplies new possibilities to make money on the Internet. One of these options is to be a domain name reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a thriving marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain contains 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise two-letter abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and sets the requirements that each particular Top-Level Domain may impose, including the length of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain resource records.
Make Profit From Reselling Domains
Lots of Registrars have reseller programs that enable individuals to gain revenue from offering domains to end customers. If you register with such a program, you can begin your very own personal electronic business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more persons in regional communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Trade TLDs On Behalf Of Your Personal Brand Name
When you sign up for a domain name reseller program, you will receive a web hosting Control Panel where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer billing management software and web page layouts for your online storefront, and the automation of the whole process coupled with the growing demand for domain names render the domain name reseller market so alluring. You will either get a ready-to-use web site and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own online portal and order form. Commonly, you have the option to decide between the two possibilities, so it all revolves around how expert you are in these matters. As a domain name reseller, you will work on behalf of your very own trademark name and not on behalf of the Registrar's brand.
Earn Profit From Providing Web Site Hosting Accounts As Well
A reasonable supplement 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 would like to make their website and demand both a domain name and a website hosting account. Particular companies supply such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to charge your customers. You can then sell top-level domain names and shared web hosting accounts to customers, and since they offer many diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.