The Internet is an ever-flourishing community that delivers new opportunities to make money on the Web. One of these ways is to be a domain name reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is a flourishing marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain involves 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-character abbreviations that stand for each country. Instances 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 one, has a Registry - an institution that is responsible for the registrations and determines the requirements that each concrete Top-Level Domain may contain, including the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and administer all domain name resource records.
Gain Revenue From Reselling Domain Names
Many Registrars have reseller programs that allow people to make money from offering domains to end clients. If you sign up for such a program, you can initiate your own personal web business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more customers in regions or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domains On Behalf Of Your Own Personal Brand Name
When you sign up for a domain reseller program, you will acquire a site hosting Control Panel where you can fix the prices for the various Top-Level Domains that the Registrar provides. Most companies also provide invoicing transaction software and web site templates for your virtual storefront, and the automation of the entire process combined with the swelling demand for domain names render the domain reseller market so tempting. You will either obtain a ready-to-use web site and use 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 own site and order form. Generally, you have the opportunity to pick between the 2 possibilities, so it all revolves around how skillful you are in these matters. As a domain name reseller, you will work on behalf of your own personal brand and not on behalf of the Registrar's.
Gain Revenue From Selling Site Hosting Solutions Too
A logical supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to users who desire to build their site and require both a domain and a web space hosting package. Particular companies have such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to charge your customers. You can then offer domain names and shared hosting packages to clients, and since they offer many diverse domain name extensions, you will be able to provide domain and hosting services to customers from all over the globe.