The Internet is an ever-developing system that delivers new opportunities to gain cash on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domain names, so this is a growing marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain includes 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, 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 particular top-level domain name may impose, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain name resource records.
Gain Revenue From Offering Domains
Many Registrars have reseller programs that allow people to gain money from selling domain names to end clients. If you sign up for such a program, you can establish your own web business. As a rule, a domain name 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 known whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domains Under Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will acquire a hosting CP where you can choose the prices for the individual top-level domain names that the Registrar offers. Most firms also provide billing management software and web design templates for your online shop, and the automation of the whole procedure combined with the rising demand for domains make the domain reseller business so attractive. You will either get a ready-made site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web page and order form. Generally, you have the option to select between the two options, so it all depends on how expert you are in these things. As a domain name reseller, you will do business under your very own personal trademark name and not on behalf of the Registrar's brand.
Earn Revenue From Offering Website Hosting Solutions Too
A relevant addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to clients who wish to set up their web site and need both a domain name and a website hosting plan. A few corporations supply such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing software to bill your customers. You can then offer domain names and shared hosting plans to clients, and since they provide lots of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the world.