The Internet is an ever-increasing community that furnishes new ways to make money on the Internet. One of these options is to become a domain reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is an enlarging marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name comprises 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of two-character abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an institution that tackles the registrations and sets the prerequisites that each concrete Top-Level Domain may entail, including the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all DNS resource records.
Make Revenue From Trading Domains
Plenty of Registrars have reseller programs that enable individuals to gain money from selling domains to end customers. If you register with such a program, you can set up your own web business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more customers in local regions or countries where the Registrar may not be famous whatsoever. This implies 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 imposes for the domain registration.
Trade Domain Names Under Your Very Own Brand Name
When you sign up for a domain name reseller program, you will acquire a web space hosting Control Panel where you can settle the prices for the separate top-level domain names that the Registrar offers. Most firms also provide invoicing transaction software and web skins for your virtual store, and the automation of the whole process coupled with the swelling demand for domain names render the domain name reseller business so tempting. You will either obtain a ready-for-use web site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal site and order form. Commonly, you have the opportunity to choose between the 2 possibilities, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will do business on behalf of your own personal brand and not on behalf of the Registrar's brand.
Earn Profit From Selling Web Site Hosting Plans As Well
An appropriate addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to people who desire to run their website and require both a domain name and a web space hosting account. A number of firms furnish such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing management software to bill your clients. You can then sell domains and shared web hosting accounts to customers, and since they provide plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all around the world.