The World Wide Web is an ever-enlarging system that delivers new options to earn money online. One of these ways is to become a domain name reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of presently active domains, so this is an enlarging marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain is made of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-character abbreviations that stand for each country. Instances 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 name or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the requirements that each particular TLD may impose, such as the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain records.
Gain Money From Trading Domains
A lot of Registrars have reseller programs that enable individuals to gain money from offering domains to end users. If you sign up for such a program, you can commence your very own Internet business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more persons in regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will get a web site hosting CP where you can set the prices for the specific Top-Level Domains that the Registrar offers. Most firms also offer billing transaction software and design templates for your virtual shop, and the automation of the whole procedure coupled with the towering demand for domains render the domain name reseller industry so attractive. You will either get a ready-for-use site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own portal and order form. Normally, you have the opportunity to decide between the two alternatives, so it all depends on how accomplished you are in these issues. As a domain reseller, you will sell under your personal brand name and not under the Registrar's brand.
Earn Revenue From Reselling Site Hosting Packages Too
A relevant addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to clients who want to develop their website and need both a domain name and a site hosting plan. Particular companies provide such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free invoice software to bill your customers. You can then sell domains and shared hosting accounts to clients, and since they offer many different domain extensions, you will be able to provide domain and hosting services to customers from all around the world.