The World Wide Web is an ever-enlarging community that provides new possibilities to earn money on the Internet. One of these ways is to be a domain name reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently active domain names, so this is an enlarging marketing niche that you can be a part of.
TLDs and SLDs
A domain contains two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise two-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each concrete Top-Level Domain may include, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain records.
Earn Revenue From Trading Domains
Multiple Registrars have reseller programs that enable individuals to earn profit from selling domains to end clients. If you sign up for such a program, you can initiate your very own electronic business. Usually, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more individuals in areas or countries 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 revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will get a website hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar offers. Most firms also provide billing transaction software and web design templates for your online storefront, and the automation of the entire process together with the vast demand for domains render the domain name reseller business so tempting. You will either get a pre-made web site and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal site and order form. Traditionally, you have the opportunity to decide between the two possibilities, so it all revolves around how skilled you are in these issues. As a domain name reseller, you will sell on behalf of your personal trademark name and not under the Registrar's brand.
Gain Revenue From Promoting Website Hosting Packages As Well
A suitable supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to customers who wish to create their site and require both a domain name and a hosting account. Certain corporations offer such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to charge your clients. You can then offer domain names and shared hosting packages to customers, and since they provide lots of diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all around the globe.