The Internet is an ever-flourishing community that furnishes new possibilities to gain money online. One of these options is to become a domain reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is a developing marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain is made of 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that administers the registrations and sets the preconditions that each particular Top-Level Domain may involve, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain resource records.
Gain Money From Trading Domain Names
Multiple Registrars have reseller programs that allow individuals to make profit from selling domain names to end customers. If you sign up for such a program, you can commence your own electronic business. Normally, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more users in areas or states where the Registrar may not be popular 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 imposes for the domain registration.
Offer Top-Level Domains Under Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will receive a Control Panel where you can select the prices for the specific TLDs that the Registrar offers. Most companies also provide invoice management software and web site layouts for your online store, and the automation of the whole procedure combined with the great demand for domains make the domain name reseller business so tempting. You will either have a pre-built website and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own website and form for placing orders. Generally, you have the opportunity to select between the two options, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will do business under your personal brand name and not under the Registrar's brand.
Earn Revenue From Supplying Webspace Hosting Accounts As Well
A logical addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to people who want to set up their web page and need both a domain name and a hosting account. A number of firms furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your clients. You can then offer domain names and shared website hosting accounts to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.