The World Wide Web is an ever-developing platform that supplies new ways to make money on the Web. One of these possibilities is to become a domain reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of currently active domains, so this is a thriving marketing niche that you can become engaged in.
TLDs and SLDs
A domain name comprises two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of 2-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each specific top-level domain name may impose, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to customers and manage all domain name resource records.
Make Money From Reselling Domains
Plenty of Registrars have reseller programs that enable individuals to earn revenue from offering domains to end clients. If you register with such a program, you can launch your own personal web business. As a rule, 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 reason is that resellers can contact more individuals in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will take advantage of 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.
Resell Top-Level Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will acquire a web page hosting CP where you can determine the prices for the separate TLDs that the Registrar offers. Most corporations also provide invoicing software and design skins for your online store, and the automation of the whole process combined with the great demand for domains render the domain reseller business niche so attractive. You will either acquire a pre-built web site and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web portal and form for placing orders. Generally, you have the opportunity to decide between the 2 options, so it all revolves around how practiced you are in these things. As a domain name reseller, you will sell on behalf of your very own trademark name and not under the Registrar's brand.
Gain Profit From Providing Webspace Hosting Packages Too
A sensible supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to persons who want to build their web site and require both a domain name and a web page hosting account. A number of firms supply such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to bill your clients. You can then offer domain names and shared website hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to people from all over the world.