The World Wide Web is an ever-enlarging platform that delivers new opportunities to make money on the Web. One of these options is to become a domain name reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is a developing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name consists of 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an institution that tackles the registrations and determines the requirements that each concrete TLD may include, including the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain records.
Gain Revenue From Selling Domain Names
Lots of Registrars have reseller programs that allow people to gain profit from selling domain names to end clients. If you sign up for such a program, you can begin your own e-business. Typically, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation 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 earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade TLDs On Behalf Of Your Own Brand Name
When you subscribe to a domain reseller program, you will obtain a site hosting CP where you can select the prices for the individual top-level domain names that the Registrar offers. Most corporations also provide invoice software and web site templates for your web storefront, and the automation of the entire procedure combined with the enormous demand for domains render the domain name reseller business so desirable. You will either have a ready-made website and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal portal and order form. Generally, you have the option to select between the 2 options, so it all revolves around how proficient you are in these affairs. As a domain reseller, you will operate under your very own brand and not on behalf of the Registrar's brand.
Earn Profit From Offering Web Hosting Accounts Too
An adequate addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to users who desire to build their online portal and require both a domain name and a web hosting plan. A few corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice management software to charge your customers. You can then sell domain names and shared hosting accounts to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all over the world.