The World Wide Web is an ever-increasing community that supplies new possibilities to gain money on the Web. One of these opportunities is to be a domain reseller and sell domain names to end clients, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domains, so this is a flowering marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain consists of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-letter abbreviations that stand for 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 name, has a Registry - an organization that manages the registrations and determines the requirements that each given TLD may contain, such as the length of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to clients and administer all DNS resource records.
Make Profit From Offering Domain Names
Numerous Registrars have reseller programs that allow people to make cash from selling domains to end clients. If you sign up for such a program, you can kickstart your own personal web business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more clients in regions or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Trade Domain Names Under Your Own Personal Brand Name
When you register with a domain name reseller program, you will get a site hosting Control Panel where you can fix the prices for the various Top-Level Domains that the Registrar offers. Most firms also provide invoicing software and website themes for your web store, and the automation of the entire process coupled with the proliferating demand for domains make the domain name reseller market so tempting. You will either receive a pre-built website and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web portal and order form. Normally, you have the option to choose between the 2 alternatives, so it all depends on how advanced you are in these matters. As a domain reseller, you will sell under your own trademark name and not under the Registrar's.
Gain Profit From Providing Site Hosting Solutions As Well
An appropriate addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to people who would like to create their web site and require both a domain name and a hosting plan. Some corporations offer such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing software to charge your customers. You can then offer TLDs and shared hosting plans to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all over the world.