The Internet is an ever-increasing network that offers new opportunities to earn money online. One of these possibilities is to become a domain reseller and offer domain names to end customers, gaining revenue 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 currently functioning domains, so this is a growing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name comprises 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of two-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an institution that deals with the registrations and sets the requirements that each particular TLD may involve, such as the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain resource records.
Gain Money From Trading Domains
Lots of Registrars have reseller programs that permit individuals to make money from selling domain names to end users. If you sign up for such a program, you can launch your very own Internet business. Generally, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more individuals in provinces or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Sell TLDs On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will receive a web page hosting CP where you can select the prices for the specific Top-Level Domains that the Registrar provides. Most companies also offer billing management software and web site skins for your web storefront, and the automation of the entire procedure together with the enormous demand for domains make the domain reseller market niche so desirable. You will either have a ready-to-use site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web portal and order form. Typically, you have the option to pick between the two possibilities, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will work on behalf of your own personal brand and not on behalf of the Registrar's brand.
Gain Revenue From Selling Webspace Hosting Accounts As Well
A relevant addition to your domain reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to clients who desire to have their web page and demand both a domain and a site hosting account. A few companies provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to charge your clients. You can then offer Top-Level Domains and shared web hosting packages to clients, and since they offer many different domain name extensions, you will be able to provide domain and hosting services to individuals from all around the globe.