The World Wide Web is an ever-increasing network that furnishes new options to gain money on the Web. One of these possibilities is to be a domain name reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a blossoming marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is composed of two parts - 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.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that administers the registrations and sets the requirements that each particular Top-Level Domain may involve, including the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually sell the domain name to customers and administer all domain records.
Gain Money From Trading Domains
Plenty of Registrars have reseller programs that permit people to earn revenue from offering domain names to end users. If you register with such a program, you can start your very own personal web business. Typically, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more customers in regional districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will benefit 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.
Sell Top-Level Domains On Behalf Of Your Very Own Personal Brand
When you sign up for a domain reseller program, you will have a Control Panel where you can set the prices for the separate top-level domain names that the Registrar provides. Most firms also offer billing management software and design templates for your web shop, and the automation of the whole process coupled with the high demand for domain names render the domain name reseller industry so tempting. You will either obtain a turn-key website and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own web page and form for placing orders. Typically, you have the opportunity to pick between the 2 options, so it all revolves around how advanced you are in these matters. As a domain reseller, you will work on behalf of your very own trademark name and not on behalf of the Registrar's brand.
Make Money From Offering Web Space Hosting Accounts Too
An adequate supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to users who want to manage their web site and need both a domain and a web space hosting plan. A few corporations supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice software to bill your clients. You can then offer top-level domain names and shared website hosting plans to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain name and hosting services to persons from all over the globe.