The Internet is an ever-enlarging community that generates new ways to gain cash on the Internet. One of these possibilities is to be a domain reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently active domain names, so this is a blooming marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain comprises 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of two-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the prerequisites that each specific top-level domain name may impose, among them the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and administer all DNS records.
Make Profit From Selling Domain Names
Multiple Registrars have reseller programs that allow individuals to gain revenue from offering domains to end customers. If you register with such a program, you can establish your own personal online business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more users in local communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domain Names Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide invoicing software and website templates for your virtual store, and the automation of the whole process together with the great demand for domains render the domain reseller industry so tempting. You will either acquire a turn-key website and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal online portal and form for placing orders. Normally, you have the opportunity to decide between the 2 options, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will do business on behalf of your own personal brand name and not under the Registrar's.
Make Revenue From Reselling Web Space Hosting Accounts Too
A relevant addition to your domain name reseller business would be to sell web hosting plans too. Thus, you can give a package deal to clients who desire to run their web page and demand both a domain and a web page hosting package. Particular corporations provide such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing software to charge your clients. You can then offer top-level domain names and shared web hosting plans to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.