The World Wide Web is an ever-flourishing network that delivers new opportunities to make money on the Internet. One of these ways is to become a domain 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 domain names are registered each and every day, and there are millions of currently active domains, so this is an increasing marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name involves two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-character abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that manages the registrations and determines the preconditions that each given top-level domain name may involve, such as the duration of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and handle all domain name resource records.
Make Money From Offering Domain Names
A lot of Registrars have reseller programs that permit people to gain money from offering domains to end clients. If you register with such a program, you can launch your own electronic business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more individuals in local regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will acquire a site hosting CP where you can determine the prices for the specific top-level domain names that the Registrar offers. Most corporations also provide invoice software and web skins for your online store, and the automation of the whole procedure combined with the towering demand for domain names render the domain reseller business niche so desirable. You will either have a ready-made site and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own portal and form for placing orders. Usually, you have the option to decide between the 2 alternatives, so it all revolves around how practiced you are in these issues. As a domain name reseller, you will operate on behalf of your own brand name and not on behalf of the Registrar's brand.
Make Money From Reselling Web Site Hosting Packages As Well
A logical addition to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to people who would like to create their web page and need both a domain and a website hosting package. Given companies have such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to bill your clients. You can then sell domain names and shared web hosting accounts to clients, and since they offer a lot of diverse domain extensions, you will be able to provide domain name and hosting services to customers from all around the world.