The Internet is an ever-enlarging system that provides new opportunities to gain money on the Internet. One of these possibilities is to become a domain reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is an enlarging marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is made of two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise two-character abbreviations that correspond to each country. Examples 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 or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each specific TLD may have, like the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and manage all DNS resource records.
Gain Profit From Reselling Domain Names
Multiple Registrars have reseller programs that enable individuals to gain revenue from selling domain names to end clients. If you register with such a program, you can build your own web business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more people in regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade TLDs Under Your Own Brand Name
When you sign up for a domain name reseller program, you will get a web site hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar provides. Most companies also offer billing management software and design templates for your web storefront, and the automation of the entire process coupled with the high demand for domain names make the domain name reseller market so tempting. You will either receive a pre-made web site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own web portal and order form. Traditionally, you have the option to pick between the 2 options, so it all revolves around how expert you are in these things. As a domain reseller, you will operate under your very own brand name and not on behalf of the Registrar's brand.
Gain Cash From Promoting Hosting Packages Too
A reasonable supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to customers who desire to build their website and demand both a domain and a web page hosting account. Some firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing transaction software to charge your customers. You can then offer domains and shared website hosting accounts to clients, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to clients from all over the world.