The World Wide Web is an ever-increasing network that generates new ways to make money on the Internet. One of these ways is to be a domain name reseller and offer domain names to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of presently functioning 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 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an institution that administers the registrations and sets the preconditions that each concrete TLD may impose, such as the duration of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually offer the domain name to clients and handle all DNS records.
Earn Revenue From Reselling Domain Names
Plenty of Registrars have reseller programs that enable individuals to earn profit from offering domains to end clients. If you register with such a program, you can start your very own personal Internet business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more persons in local districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will earn a profit 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.
Sell Top-Level Domains On Behalf Of Your Own Personal Brand
When you subscribe to a domain reseller program, you will get a CP where you can determine the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer billing management software and website templates for your web store, and the automation of the whole procedure together with the expanding demand for domains render the domain reseller market so seductive. You will either receive a pre-made website 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 very own personal online portal and order form. Normally, you have the option to pick between the two alternatives, so it all depends on how advanced you are in these matters. As a domain reseller, you will sell under your own personal brand name and not on behalf of the Registrar's brand.
Make Cash From Providing Web Space Hosting Packages As Well
A logical addition to your domain name reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to persons who desire to make their online portal and demand both a domain and a web space hosting account. Given firms furnish such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also give you a domain name reseller account and free billing transaction software to charge your clients. You can then offer top-level domain names and shared website hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.