The World Wide Web is an ever-flourishing community that supplies new possibilities to make money online. One of these options is to be a domain reseller and sell domain names to end clients, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is a flourishing marketing niche that you can become a part of.
TLDs and SLDs
A domain contains 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of two-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each specific top-level domain name may contain, including the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain records.
Gain Money From Selling Domains
Numerous Registrars have reseller programs that permit people to gain revenue from offering domain names to end customers. If you register with such a program, you can kick off your very own personal Internet business. Generally, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can contact more customers in local districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs Under Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will have a web page hosting CP where you can select the prices for the different top-level domain names that the Registrar provides. Most companies also provide billing software and web themes for your virtual shop, and the automation of the entire procedure together with the increasing demand for domain names render the domain reseller market niche so seductive. You will either have a pre-made web site and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web portal and order form. Commonly, you have the opportunity to decide between the 2 options, so it all depends on how accomplished you are in these things. As a domain name reseller, you will sell on behalf of your personal trademark name and not under the Registrar's brand.
Earn Money From Providing Webspace Hosting Plans As Well
A good supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to users who want to create their online portal and need both a domain and a website hosting account. Particular companies offer such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing management software to charge your customers. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to persons from all over the globe.