The World Wide Web is an ever-enlarging community that furnishes new ways to gain money online. One of these options is to become a domain reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of presently active domain names, so this is a growing marketing niche that you can become a part of.
TLDs and SLDs
A domain contains 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.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-letter abbreviations that denote each country. Instances of country-code TLDs 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 institution that is responsible for the registrations and sets the prerequisites that each given Top-Level Domain may contain, including the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to clients and administer all DNS resource records.
Earn Revenue From Offering Domains
A lot of Registrars have reseller programs that allow people to gain money from selling domains to end customers. If you sign up for such a program, you can set up your very own web business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more persons in areas or states where the Registrar may not be popular whatsoever. This implies 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 levies for the domain registration.
Resell Top-Level Domains On Behalf Of Your Very Own Personal Brand
When you register with a domain reseller program, you will receive a web hosting CP where you can select the prices for the individual TLDs that the Registrar provides. Most corporations also offer invoice software and web design themes for your virtual storefront, and the automation of the whole procedure coupled with the immense demand for domains make the domain name reseller business so attractive. You will either receive a ready-for-use site and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal site and order form. Commonly, you have the opportunity to decide between the 2 options, so it all revolves around how trained you are in these things. As a domain name reseller, you will work under your personal trademark name and not on behalf of the Registrar's.
Make Revenue From Supplying Web Hosting Solutions As Well
A good addition to your domain reseller business would be to sell web hosting packages too. In this way, you can give a package deal to persons who desire to build their online portal and need both a domain name and a site hosting plan. A few companies supply such options. With 'ResellersPanel', for example, you can order 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 customers. You can then offer domains and shared website hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all over the world.