The World Wide Web is an ever-enlarging community that delivers new possibilities to make money on the Internet. One of these possibilities is to be a domain reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is a growing marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name contains two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve two-letter 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 gTLD or a country-code one, has a Registry - an institution that tackles the registrations and sets the preconditions that each specific TLD may involve, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to clients and administer all domain name records.
Earn Money From Selling Domains
Lots of Registrars have reseller programs that enable individuals to make money from selling domains to end users. If you register with such a program, you can set up your own personal Internet business. Normally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more people in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domains Under Your Personal Trademark Name
When you register with a domain name reseller program, you will have a webspace hosting CP where you can select the prices for the separate top-level domain names that the Registrar provides. Most corporations also offer invoice transaction software and web design templates for your virtual shop, and the automation of the whole process combined with the increasing demand for domains render the domain reseller business so desirable. You will either get a pre-made site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal online portal and form for placing orders. Typically, you have the opportunity to pick between the 2 alternatives, so it all depends on how experienced you are in these things. As a domain reseller, you will operate on behalf of your own personal brand and not on behalf of the Registrar's.
Make Revenue From Trading Web Hosting Packages As Well
A good supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who desire to set up their online portal and need both a domain and a web site hosting plan. Given corporations offer such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice transaction software to bill your customers. You can then sell TLDs and shared hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to customers from all over the world.