The Internet is an ever-developing network that generates new ways to earn money online. One of these possibilities is to become a domain name reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is a blossoming marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is composed of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-character abbreviations that represent 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 country-code TLD, has a Registry - an institution that administers the registrations and sets the requirements that each specific top-level domain name may include, among them the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually offer the domain name to customers and handle all domain records.
Earn Revenue From Reselling Domains
Plenty of Registrars have reseller programs that permit individuals to make revenue from offering domains to end customers. If you sign up for such a program, you can start your very own electronic business. Typically, a domain will be cheaper 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 contact more clients in regional communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell Domain Names On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web hosting CP where you can set the prices for the various TLDs that the Registrar provides. Most companies also provide invoice management software and web templates for your web storefront, and the automation of the whole process together with the expanding demand for domains render the domain name reseller business niche so attractive. You will either obtain a ready-to-use site and make use of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Normally, you have the opportunity to pick between the 2 possibilities, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will work on behalf of your very own trademark name and not under the Registrar's.
Make Revenue From Trading Web Space Hosting Services As Well
A nice supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to persons who want to create their web portal and demand both a domain and a webspace hosting plan. A number of firms offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice management software to bill your customers. You can then sell domains and shared hosting accounts to clients, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to clients from all around the globe.