The Internet is an ever-enlarging system that supplies new opportunities to make money on the Internet. One of these opportunities is to become a domain reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail cost of each 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 be involved in.
TLDs and SLDs
A domain name comprises two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-character abbreviations that correspond to each country. Instances of ccTLDs 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, has a Registry - an organization that manages the registrations and sets the requirements that each given TLD may entail, like the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain resource records.
Earn Money From Reselling Domain Names
Multiple Registrars have reseller programs that permit individuals to make profit from selling domain names to end customers. If you register with such a program, you can begin your own online business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more users in local regions or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Very Own Brand Name
When you register with a domain name reseller program, you will obtain a web page hosting CP where you can settle the prices for the various Top-Level Domains that the Registrar offers. Most corporations also offer invoice transaction software and web design skins for your online shop, and the automation of the entire procedure together with the significant demand for domain names make the domain reseller market so tempting. You will either get a ready-to-use 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 make your very own online portal and order form. Generally, you have the option to pick between the two alternatives, so it all revolves around how skillful you are in these affairs. As a domain name reseller, you will work on behalf of your personal brand name and not on behalf of the Registrar's.
Make Revenue From Offering Web Page Hosting Accounts As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to people who wish to create their web page and demand both a domain and a web site hosting plan. Given companies have such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoice software to charge your clients. You can then sell TLDs and shared hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to offer domain and hosting services to people from all over the world.