The World Wide Web is an ever-flourishing community that offers new ways to make money online. One of these possibilities is to be a domain name reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is an increasing marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain contains 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the preconditions that each concrete top-level domain name may entail, like the duration of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all DNS resource records.
Make Profit From Offering Domains
Numerous 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 launch your very own e-business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more users in regional districts or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Domains Under Your Own Personal Brand
When you sign up for a domain reseller program, you will have a hosting CP where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer invoicing transaction software and web design templates for your web storefront, and the automation of the whole procedure together with the enlarging demand for domain names render the domain reseller market so alluring. You will either obtain a ready-for-use website and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own site and order form. Normally, you have the opportunity to decide between the two alternatives, so it all revolves around how experienced you are in these affairs. As a domain name reseller, you will work on behalf of your very own personal brand and not under the Registrar's brand.
Make Cash From Trading Site Hosting Services Too
A sensible supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to customers who want to establish their web portal and need both a domain and a site hosting plan. Particular companies furnish such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free invoicing software to bill your customers. You can then offer domain names and shared web hosting packages to customers, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to customers from all over the world.