The World Wide Web is an ever-growing system that provides new ways to gain money on the Web. One of them is to become a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is a growing marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name is made of 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 Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-letter abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that tackles the registrations and sets the requirements that each specific TLD may contain, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to customers and handle all domain name records.
Make Profit From Selling Domain Names
Numerous Registrars have reseller programs that enable people to gain revenue from selling domains to end clients. If you register with such a program, you can begin your own personal e-business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more individuals in areas or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Domains On Behalf Of Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will have a web page hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar offers. Most companies also offer billing transaction software and web layouts for your online storefront, and the automation of the whole process combined with the rising demand for domains render the domain reseller market so desirable. You will either obtain a pre-built website and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web site and order form. Normally, you have the option to decide between the 2 possibilities, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will work on behalf of your very own brand and not under the Registrar's.
Make Money From Trading Web Site Hosting Plans Too
A relevant supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to people who wish to have their site and demand both a domain name and a web hosting account. A number of firms furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing transaction software to bill your clients. You can then offer domain names and shared hosting accounts to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.