The World Wide Web is an ever-growing community that delivers new opportunities to make money on the Internet. One of these opportunities is to be a domain reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a flourishing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain contains two constituents - a top-level domain name (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 second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of two-letter abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that tackles the registrations and determines the preconditions that each concrete Top-Level Domain may contain, like the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and administer all DNS records.
Gain Cash From Selling Domains
Plenty of Registrars have reseller programs that enable people to earn profit from offering domain names to end clients. If you subscribe to such a program, you can start your very own personal online business. Usually, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can contact more people in regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will take advantage of 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.
Offer TLDs Under Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will have a web site hosting Control Panel where you can select the prices for the separate TLDs that the Registrar provides. Most firms also offer billing management software and design skins for your web storefront, and the automation of the whole procedure coupled with the high demand for domains render the domain name reseller market so seductive. You will either receive a pre-developed site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own web site and form for placing orders. Normally, you have the option to decide between the two options, so it all depends on how experienced you are in these things. As a domain name reseller, you will operate under your very own personal trademark name and not under the Registrar's brand.
Earn Money From Promoting Web Page Hosting Plans As Well
A good supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to customers who would like to make their web page and require both a domain name and a web page hosting plan. A few firms have such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice transaction software to charge your clients. You can then offer Top-Level Domains and shared hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to offer domain and hosting services to people from all around the world.