The World Wide Web is an ever-growing system that provides new possibilities to earn cash on the Internet. One of these opportunities is to become a domain name reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently active domain names, so this is an increasing marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain comprises two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of two-letter abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and sets the prerequisites that each particular Top-Level Domain may contain, such as the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain name resource records.
Make Revenue From Reselling Domains
A lot of Registrars have reseller programs that enable people to gain money from offering domains to end customers. If you register with such a program, you can kick off your own personal electronic business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more customers in regional districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domain Names Under Your Very Own Trademark Name
When you register with a domain name reseller program, you will acquire a web site hosting Control Panel where you can settle the prices for the various Top-Level Domains that the Registrar provides. Most companies also offer billing transaction software and site templates for your online store, and the automation of the entire process together with the proliferating demand for domains make the domain name reseller business so desirable. You will either receive a pre-developed website and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own web page and order form. Normally, you have the opportunity to choose between the two options, so it all depends on how skillful you are in these things. As a domain name reseller, you will do business on behalf of your personal brand name and not under the Registrar's.
Gain Profit From Trading Site Hosting Plans As Well
A nice addition to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to customers who want to manage their online portal and need both a domain name and a webspace hosting account. Particular firms furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to charge your customers. You can then sell domain names and shared hosting accounts to customers, and since they provide many diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.