The Internet is an ever-expanding community that generates new ways to gain money on the Web. One of these ways is to be a domain reseller and sell domain names to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a developing marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name involves two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise two-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an organization that handles the registrations and determines the preconditions that each specific TLD may entail, like the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to customers and administer all DNS resource records.
Earn Profit From Trading Domain Names
Many Registrars have reseller programs that allow individuals to gain profit from selling domain names to end users. If you sign up for such a program, you can commence your own personal online business. Typically, a domain name will be more inexpensive 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 contact more persons in provinces or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer TLDs Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will get a web site hosting CP where you can determine the prices for the individual top-level domain names that the Registrar offers. Most firms also provide billing transaction software and web templates for your web shop, and the automation of the whole procedure together with the big demand for domains render the domain name reseller industry so desirable. You will either receive a pre-made web site and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal web portal and order form. Usually, you have the option to choose between the two possibilities, so it all revolves around how practiced you are in these matters. As a domain reseller, you will sell on behalf of your very own personal brand name and not on behalf of the Registrar's.
Make Revenue From Offering Web Hosting Plans As Well
A relevant supplement to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to people who would like to develop their web portal and require both a domain and a site hosting package. Particular firms furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to bill your customers. You can then offer top-level domain names and shared hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to people from all over the world.