The World Wide Web is an ever-increasing community that delivers new possibilities to gain cash on the Internet. One of these options is to become a domain name reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a growing marketing niche that you can be involved in.
TLDs and SLDs
A domain contains 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include two-character abbreviations that represent 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 country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the preconditions that each specific TLD may impose, like 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 actually offer the domain name to clients and handle all domain resource records.
Earn Profit From Selling Domains
Many Registrars have reseller programs that enable people to make revenue from selling domain names to end users. If you subscribe to such a program, you can establish your own personal Internet business. Commonly, a domain 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 reason is that resellers can reach more users in regional communities or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Domain Names Under Your Personal Brand Name
When you register with a domain name reseller program, you will get a CP where you can select the prices for the various Top-Level Domains that the Registrar provides. Most firms also provide billing management software and site templates for your web storefront, and the automation of the whole process combined with the rising demand for domain names render the domain reseller market so desirable. You will either receive a pre-developed site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own online portal and form for placing orders. Typically, you have the opportunity to pick between the two alternatives, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will work on behalf of your personal brand and not under the Registrar's.
Earn Profit From Reselling Hosting Accounts As Well
An appropriate addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to people who desire to establish their web page and require both a domain and a webspace hosting plan. Some companies offer such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing management software to bill your clients. You can then offer Top-Level Domains and shared website hosting packages to customers, and since they offer many diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all over the globe.