The Internet is an ever-expanding system that supplies new opportunities to make money online. One of them is to be a domain reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently active domains, so this is a blooming marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain consists of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each given TLD may impose, 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 actually offer the domain name to customers and administer all domain resource records.
Gain Profit From Selling Domains
Numerous Registrars have reseller programs that allow individuals to make money from selling domains to end customers. If you sign up for such a program, you can commence your own personal Internet business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more customers in local regions or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will have a website hosting CP where you can fix the prices for the specific TLDs that the Registrar provides. Most firms also provide billing transaction software and site skins for your virtual shop, and the automation of the entire procedure combined with the immense demand for domain names render the domain reseller market niche so tempting. You will either acquire a ready-for-use site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal site and order form. Normally, you have the opportunity to select between the two alternatives, so it all revolves around how proficient you are in these issues. As a domain reseller, you will operate under your own personal brand and not on behalf of the Registrar's brand.
Make Cash From Supplying Site Hosting Plans As Well
A relevant supplement to your domain name reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to persons who want to make their online portal and need both a domain and a hosting package. Given companies have such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to bill your clients. You can then offer TLDs and shared web hosting accounts to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all around the world.