The Internet is an ever-flourishing platform that supplies new options to gain money on the Internet. One of these ways is to become a domain name reseller and sell domain names to end clients, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domain names, so this is an enlarging marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name is composed of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-character abbreviations that denote each country. Examples 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 or a ccTLD, has a Registry - an institution that handles the registrations and sets the requirements that each concrete TLD may involve, among them the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain records.
Make Profit From Offering Domain Names
A lot of Registrars have reseller programs that allow individuals to earn money from offering domains to end customers. If you sign up for such a program, you can launch your own web business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more clients in local districts or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domain Names Under Your Own Trademark Name
When you subscribe to a domain name reseller program, you will get a hosting Control Panel where you can determine the prices for the specific TLDs that the Registrar provides. Most firms also provide invoice management software and templates for your online store, and the automation of the whole process combined with the swelling demand for domains make the domain reseller market niche so tempting. You will either have a ready-for-use web site and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal website and form for placing orders. Typically, you have the opportunity to decide between the two options, so it all revolves around how experienced you are in these matters. As a domain reseller, you will work under your own personal brand and not on behalf of the Registrar's.
Make Money From Selling Web Site Hosting Solutions As Well
A logical supplement to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to clients who desire to build their web portal and need both a domain name and a web page hosting plan. Certain firms furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing transaction software to charge your clients. You can then sell top-level domain names and shared hosting plans to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all around the world.