The World Wide Web is an ever-enlarging community that supplies new possibilities to gain cash on the Internet. One of these options is to be a domain reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of presently functioning domain names, so this is an enlarging marketing niche that you can become involved in.
TLDs and SLDs
A domain name includes two parts - 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 and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-character abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that is responsible for the registrations and sets the requirements that each specific top-level domain name may have, like the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact sell the domain name to clients and manage all DNS records.
Make Revenue From Selling Domains
Multiple Registrars have reseller programs that allow people to earn profit from selling domain names to end clients. If you sign up for such a program, you can start your own personal Internet business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can reach more persons in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will make a profit from 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.
Sell Domains On Behalf Of Your Personal Brand Name
When you register with a domain name reseller program, you will receive a Control Panel where you can choose the prices for the separate top-level domain names that the Registrar provides. Most firms also offer billing management software and site layouts for your virtual shop, and the automation of the entire procedure together with the towering demand for domains render the domain reseller market niche so attractive. You will either receive a pre-made web site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own website and form for placing orders. Commonly, you have the option to choose between the 2 options, so it all depends on how skillful you are in these things. As a domain reseller, you will operate on behalf of your very own personal brand name and not under the Registrar's brand.
Make Cash From Selling Site Hosting Plans As Well
A relevant addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to users who wish to establish their web portal and need both a domain and a web hosting package. Particular corporations furnish such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing software to bill your customers. You can then sell TLDs and shared web hosting accounts to customers, and since they offer plenty of different domain extensions, you will be able to provide domain and hosting services to people from all over the world.