The World Wide Web is an ever-developing community that generates new opportunities to gain money online. One of these opportunities is to become a domain reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of presently active domains, so this is a growing marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain comprises two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that deals with the registrations and sets the preconditions that each given TLD may contain, among them the length of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and administer all domain name records.
Make Money From Selling Domains
Many Registrars have reseller programs that enable people to gain money from offering domains to end customers. If you register with such a program, you can begin your very own personal e-business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can reach more people in regional communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domains Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will have a web site hosting CP where you can settle the prices for the separate TLDs that the Registrar offers. Most firms also offer invoicing software and site themes for your web shop, and the automation of the entire procedure combined with the strong demand for domain names render the domain reseller industry so seductive. You will either receive a pre-built website and avail of 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 very own web portal and order form. Commonly, you have the option to select between the 2 possibilities, so it all depends on how skilled you are in these matters. As a domain name reseller, you will operate on behalf of your very own personal brand name and not under the Registrar's.
Earn Money From Reselling Web Page Hosting Solutions Too
An adequate supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to clients who wish to make their web portal and demand both a domain and a site hosting package. A number of corporations offer such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free billing software to bill your clients. You can then sell Top-Level Domains and shared hosting packages to clients, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to clients from all over the world.