The Internet is an ever-flourishing platform that generates new possibilities to earn money on the Web. One of these ways is to become a domain name reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a flourishing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is composed of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise 2-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an organization that deals with the registrations and determines the requirements that each given Top-Level Domain may involve, such as the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and administer all DNS resource records.
Earn Profit From Reselling Domain Names
Lots of Registrars have reseller programs that permit people to gain revenue from offering domain names to end users. If you subscribe to such a program, you can launch your own e-business. Typically, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can contact more clients in provinces or states where the Registrar may not be famous 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 client pays and the one that the Registrar imposes for the domain name registration.
Offer Domain Names Under Your Very Own Personal Trademark Name
When you sign up for a domain name reseller program, you will acquire a hosting Control Panel where you can determine the prices for the different Top-Level Domains that the Registrar offers. Most corporations also offer invoice software and website themes for your web shop, and the automation of the whole process together with the strong demand for domains render the domain name reseller market niche so desirable. You will either get a ready-to-use website and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal site and form for placing orders. Typically, you have the opportunity to pick between the 2 options, so it all revolves around how skillful you are in these matters. As a domain reseller, you will work on behalf of your very own personal trademark name and not on behalf of the Registrar's brand.
Earn Money From Promoting Hosting Accounts As Well
An excellent addition to your domain reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to clients who would like to establish their web portal and need both a domain and a web hosting plan. Given companies supply such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to charge your customers. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to persons from all around the world.