The World Wide Web is an ever-developing system that generates new possibilities to make money online. One of these possibilities is to become a domain reseller and sell domains to end clients, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domains, so this is a blossoming marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name contains two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-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 country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the prerequisites that each concrete top-level domain name may entail, among them the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and handle all domain records.
Gain Money From Offering Domain Names
A lot of Registrars have reseller programs that enable people to gain revenue from selling domains to end customers. If you subscribe to such a program, you can initiate your very own personal online business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more clients in local regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domain Names On Behalf Of Your Very Own Personal Brand
When you register with a domain name reseller program, you will obtain a web space hosting Control Panel where you can select the prices for the specific top-level domain names that the Registrar offers. Most corporations also provide billing transaction software and design layouts for your online shop, and the automation of the whole process combined with the flourishing demand for domain names make the domain reseller industry so seductive. You will either get a ready-to-use website and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal online portal and order form. Traditionally, you have the opportunity to decide between the 2 alternatives, so it all depends on how advanced you are in these things. As a domain reseller, you will do business on behalf of your very own personal brand and not under the Registrar's brand.
Make Profit From Promoting Web Hosting Plans As Well
An appropriate addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to clients who would like to set up their website and need both a domain name and a webspace hosting package. Certain companies have such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to charge your clients. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to users from all around the world.