The World Wide Web is an ever-flourishing community that furnishes new possibilities to gain cash on the Web. One of these ways is to become a domain reseller and offer domains to end clients, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a flourishing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain includes 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an organization that manages the registrations and determines the requirements that each concrete TLD may contain, including the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and manage all domain name records.
Earn Money From Trading Domain Names
Lots of Registrars have reseller programs that enable people to make profit from offering domain names to end customers. If you sign up for such a program, you can kickstart your very own personal e-business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can reach more customers in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will make a profit from 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.
Resell Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will acquire a web hosting CP where you can settle the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoicing software and web page themes for your web storefront, and the automation of the entire process combined with the large demand for domains render the domain reseller business so tempting. You will either obtain a turn-key site and utilize the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own web site and form for placing orders. Commonly, you have the option to choose between the two possibilities, so it all depends on how trained you are in these things. As a domain name reseller, you will operate under your own personal brand and not under the Registrar's brand.
Make Revenue From Providing Web Site Hosting Plans As Well
A sensible addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to individuals who wish to launch their web portal and need both a domain name and a web page hosting account. A few corporations provide such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing software to bill your customers. You can then offer TLDs and shared hosting packages to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain and hosting services to persons from all over the world.