The World Wide Web is an ever-flourishing network that generates new opportunities to gain money online. One of them is to become a domain reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is a blooming marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises 2 entities - a top-level domain name (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 name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise two-character abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and sets the requirements that each specific Top-Level Domain may involve, including the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and handle all DNS resource records.
Make Cash From Offering Domains
Many Registrars have reseller programs that allow people to make profit from selling domain names to end customers. If you register with such a program, you can launch your own Internet business. Generally, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more individuals in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell Domain Names Under Your Personal Brand Name
When you register with a domain reseller program, you will receive a web page hosting CP where you can set the prices for the different Top-Level Domains that the Registrar offers. Most firms also provide invoice software and web page layouts for your online store, and the automation of the whole process together with the considerable demand for domain names render the domain reseller business so seductive. You will either obtain a pre-built website and utilize the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own web portal and order form. Typically, you have the opportunity to choose between the two options, so it all depends on how skilled you are in these issues. As a domain reseller, you will work under your own trademark name and not on behalf of the Registrar's.
Gain Profit From Selling Web Hosting Plans Too
A sensible supplement to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to users who want to run their web site and require both a domain and a webspace hosting plan. Given corporations furnish such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and free billing software to bill your clients. You can then offer TLDs and shared web hosting packages to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all over the world.