The Internet is an ever-flourishing system that supplies new ways to make money on the Web. One of these options is to be a domain name reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a flourishing marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain comprises two constituents - 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 and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-character abbreviations that correspond to 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 gTLD or a ccTLD, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each concrete Top-Level Domain may impose, such as the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain resource records.
Make Revenue From Reselling Domains
Multiple Registrars have reseller programs that allow individuals to make cash from selling domains to end customers. If you sign up for such a program, you can launch your very own personal electronic business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more persons in regional districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will get a web hosting Control Panel where you can choose the prices for the different TLDs that the Registrar offers. Most companies also provide billing software and design layouts for your web shop, and the automation of the whole procedure together with the high demand for domain names render the domain name reseller industry so tempting. You will either receive a ready-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 build your own website and form for placing orders. Usually, you have the opportunity to pick between the 2 possibilities, so it all depends on how trained you are in these issues. As a domain reseller, you will sell under your personal trademark name and not under the Registrar's brand.
Make Money From Supplying Web Hosting Accounts As Well
An excellent supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to users who desire to create their web portal and demand both a domain and a webspace hosting plan. Particular firms have such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing transaction software to charge your clients. You can then sell top-level domain names and shared hosting accounts to customers, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to users from all over the globe.