The Internet is an ever-expanding system that provides new ways to make money on the Web. One of these options is to become a domain reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a thriving marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain contains 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve two-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the prerequisites that each specific top-level domain name may involve, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and administer all DNS records.
Earn Profit From Selling Domain Names
A lot of Registrars have reseller programs that allow individuals to make cash from selling domain names to end users. If you register with such a program, you can begin your very own e-business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can reach more individuals in regional communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade Domain Names On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will obtain a web hosting Control Panel where you can set the prices for the various Top-Level Domains that the Registrar provides. Most firms also provide billing transaction software and website templates for your web shop, and the automation of the whole procedure coupled with the large demand for domains make the domain name reseller industry so seductive. You will either obtain a ready-for-use web site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal web portal and form for placing orders. Normally, you have the opportunity to decide between the 2 possibilities, so it all revolves around how skillful you are in these things. As a domain reseller, you will sell under your personal trademark name and not under the Registrar's.
Make Money From Promoting Web Page Hosting Packages Too
A perfect addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who want to launch their web page and demand both a domain and a web site hosting plan. A number of firms supply such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing transaction software to bill your customers. You can then sell top-level domain names and shared website hosting plans to clients, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to persons from all over the globe.