The Internet is an ever-developing system that offers new ways to gain money on the Internet. One of these possibilities is to become a domain name reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently active domain names, so this is an enlarging marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is composed of two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-character abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an institution that administers the registrations and sets the preconditions that each concrete TLD may include, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain name resource records.
Gain Cash From Offering Domain Names
A lot of Registrars have reseller programs that permit people to make money from selling domains to end clients. If you register with such a program, you can kick off your very own personal web business. Commonly, 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 explanation is that resellers can reach more individuals in local districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell TLDs Under Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will acquire a hosting Control Panel where you can choose the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also offer invoicing software and web design templates for your online shop, and the automation of the entire process combined with the rising demand for domains make the domain reseller industry so seductive. You will either acquire a ready-for-use web site and use the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own web portal and form for placing orders. Traditionally, you have the option to decide between the two possibilities, so it all depends on how expert you are in these things. As a domain name reseller, you will operate on behalf of your very own brand and not on behalf of the Registrar's.
Gain Profit From Selling Site Hosting Solutions Too
An excellent supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to people who would like to build their online portal and need both a domain name and a website hosting package. A few companies provide such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice management software to charge your clients. You can then offer top-level domain names and shared website hosting accounts to customers, and since they offer lots of different domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.