The Internet is an ever-enlarging network that furnishes new possibilities to make money on the Web. One of them is to be a domain reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is an increasing marketing niche that you can become a part of.
TLDs and SLDs
A domain name comprises two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of two-character abbreviations that correspond to 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 Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the requirements that each specific Top-Level Domain may involve, like the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and manage all domain resource records.
Gain Cash From Offering Domain Names
A lot of Registrars have reseller programs that permit individuals to make money from selling domain names to end clients. If you subscribe to such a program, you can establish your very own web business. Typically, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more customers in local districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Offer TLDs Under Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will obtain a webspace hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar offers. Most firms also provide billing transaction software and web site skins for your online shop, and the automation of the whole process together with the increasing demand for domains make the domain name reseller business niche so alluring. You will either acquire a pre-built site and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal online portal and form for placing orders. Generally, you have the opportunity to pick between the two alternatives, so it all revolves around how skillful you are in these affairs. As a domain name reseller, you will do business on behalf of your own trademark name and not on behalf of the Registrar's brand.
Make Cash From Selling Web Space Hosting Accounts Too
A perfect addition to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to clients who would like to build their online portal and need both a domain name and a website hosting package. A number of companies have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to bill your customers. You can then offer domains and shared web hosting plans to clients, and since they offer many different domain extensions, you will be able to offer domain name and hosting services to users from all over the world.