The Internet is an ever-enlarging community that furnishes new opportunities to make money on the Internet. One of these opportunities is to become a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domain names, so this is a blooming marketing niche that you can be involved in.
TLDs and SLDs
A domain involves 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-letter abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the requirements that each concrete TLD may include, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all DNS resource records.
Make Money From Offering Domain Names
Lots of Registrars have reseller programs that enable people to earn profit from offering domain names to end users. If you subscribe to such a program, you can commence your very own personal Internet business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can contact more clients in local communities or countries where the Registrar may not be known 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 imposes for the domain name registration.
Offer Domain Names Under Your Own Personal Brand Name
When you register with a domain name reseller program, you will receive a hosting CP where you can fix the prices for the different TLDs that the Registrar offers. Most corporations also offer billing management software and web page layouts for your virtual shop, and the automation of the whole process together with the significant demand for domain names render the domain reseller business so alluring. You will either get a pre-made site and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own portal and form for placing orders. Commonly, you have the opportunity to select between the two options, so it all depends on how practiced you are in these issues. As a domain reseller, you will operate under your personal brand name and not under the Registrar's.
Gain Profit From Promoting Web Site Hosting Services As Well
A good supplement to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to clients who desire to create their web portal and require both a domain name and a web page hosting plan. Certain companies have 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 invoicing transaction software to charge your clients. You can then offer domain names and shared web hosting packages to customers, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.