The Internet is an ever-flourishing network that furnishes new ways to gain money online. One of them is to become a domain reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domain names, so this is a thriving marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain comprises 2 pieces - 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 Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names include the most famous domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise two-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the prerequisites that each concrete TLD may have, including the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain records.
Gain Profit From Offering Domain Names
Numerous Registrars have reseller programs that enable people to earn revenue from selling domains to end clients. If you register with such a program, you can begin your own personal online business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more customers 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 benefit 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 registration.
Resell Top-Level Domains Under Your Very Own Brand
When you register with a domain reseller program, you will get a hosting Control Panel where you can select the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide invoicing software and web site skins for your virtual shop, and the automation of the whole procedure together with the big demand for domains render the domain reseller industry so tempting. You will either obtain a turn-key web site and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own site and form for placing orders. Commonly, you have the option to choose between the 2 possibilities, so it all revolves around how skillful you are in these things. As a domain name reseller, you will work under your very own personal brand name and not on behalf of the Registrar's brand.
Earn Money From Supplying Site Hosting Solutions As Well
A suitable addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to people who would like to run their web site and demand both a domain and a site hosting plan. Particular corporations supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing management software to charge your customers. You can then sell domain names and shared web hosting accounts to customers, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to people from all around the world.