The World Wide Web is an ever-flourishing community that furnishes new ways to gain cash online. One of these options is to become a domain reseller and sell domains to end clients, making profit 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 1 000 000's of currently active domains, so this is a blooming marketing niche that you can become a part of.
TLDs and SLDs
A domain name consists of two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-character abbreviations that stand for 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 top-level domain name or a country-code TLD, has a Registry - an institution that deals with the registrations and sets the preconditions that each concrete Top-Level Domain may contain, like the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and administer all DNS records.
Earn Money From Offering Domain Names
Lots of Registrars have reseller programs that enable people to gain revenue from selling domains to end users. If you sign up for such a program, you can set up your own online business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more persons in regional communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides 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 registration.
Resell Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a hosting CP where you can select the prices for the separate TLDs that the Registrar offers. Most firms also offer invoice management software and web skins for your online storefront, and the automation of the entire process together with the growing demand for domains render the domain reseller market so desirable. You will either receive a ready-made site and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web portal and form for placing orders. Usually, you have the option to pick between the 2 possibilities, so it all revolves around how advanced you are in these affairs. As a domain reseller, you will do business under your very own brand name and not on behalf of the Registrar's brand.
Gain Cash From Promoting Web Page Hosting Services As Well
A perfect addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to users who want to launch their site and require both a domain name and a web page hosting plan. Given corporations supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing software to charge your customers. You can then offer domain names and shared website hosting accounts to clients, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.