The World Wide Web is an ever-growing community that generates new options to make cash on the Web. One of them is to be a domain reseller and sell domains to end clients, generating 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 currently functioning domains, so this is a blossoming marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name includes 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include two-letter abbreviations that denote 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 Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each concrete Top-Level Domain may have, including the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain name records.
Gain Revenue From Offering Domain Names
Numerous Registrars have reseller programs that enable individuals to gain profit from selling domain names to end users. If you subscribe to such a program, you can set up your own personal online business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more people in regional communities or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domains Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a web site hosting CP where you can determine the prices for the separate TLDs that the Registrar provides. Most companies also offer billing management software and design templates for your virtual store, and the automation of the entire procedure together with the growing demand for domain names render the domain name reseller business so attractive. You will either acquire a ready-for-use site and utilize the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal web page and form for placing orders. Traditionally, you have the option to select between the two options, so it all revolves around how skillful you are in these issues. As a domain reseller, you will sell under your own brand name and not on behalf of the Registrar's.
Make Cash From Promoting Hosting Plans As Well
An adequate supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to people who want to establish their online portal and need both a domain and a site hosting account. Given companies offer such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free invoicing software to charge your clients. You can then offer Top-Level Domains and shared hosting accounts to clients, and since they provide many different domain name extensions, you will be able to offer domain and hosting services to customers from all around the globe.