The World Wide Web is an ever-growing system that supplies new ways to make money online. One of these ways is to be a domain reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domains, so this is an enlarging marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name includes two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the requirements that each concrete Top-Level Domain may contain, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain name records.
Make Cash From Selling Domain Names
Plenty of Registrars have reseller programs that permit individuals to gain money from offering domains to end customers. If you sign up for such a program, you can begin your very own personal web business. Typically, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more persons in regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties 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 charges for the domain name registration.
Sell Top-Level Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will get a web space hosting Control Panel where you can select the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer billing management software and website layouts for your virtual shop, and the automation of the whole procedure combined with the great demand for domain names make the domain name reseller business so attractive. You will either receive a ready-to-use site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own web page and form for placing orders. Traditionally, you have the option to choose between the two options, so it all depends on how experienced you are in these matters. As a domain reseller, you will sell under your very own brand and not on behalf of the Registrar's brand.
Gain Profit From Offering Web Hosting Services Too
A proper addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to users who want to launch their site and need both a domain and a web site hosting plan. Particular firms offer such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing transaction software to bill your customers. You can then offer Top-Level Domains and shared hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to provide domain name and hosting services to users from all over the globe.