The World Wide Web is an ever-enlarging community that offers new opportunities to earn money on the Internet. One of them is to become a domain name reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is a flowering marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name 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 name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-character abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an organization that manages the registrations and determines the preconditions that each concrete TLD may involve, like the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and manage all domain name resource records.
Gain Money From Offering Domain Names
Many Registrars have reseller programs that enable people to earn profit from selling domain names to end clients. If you sign up for such a program, you can establish your own personal electronic 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 explanation is that resellers can reach more clients in regional communities or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domain Names Under Your Personal Trademark Name
When you register with a domain name reseller program, you will obtain a web hosting Control Panel where you can settle the prices for the individual top-level domain names that the Registrar offers. Most companies also offer billing management software and web design skins for your online storefront, and the automation of the whole procedure combined with the large demand for domains make the domain reseller market niche so attractive. You will either obtain a ready-for-use web 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 make your own portal and form for placing orders. Usually, you have the option to choose between the 2 possibilities, so it all depends on how practiced you are in these things. As a domain reseller, you will do business on behalf of your personal brand name and not under the Registrar's.
Gain Revenue From Selling Web Site Hosting Plans Too
A good supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to people who want to establish their web site and require both a domain and a website hosting plan. Some companies 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 reseller account and free-of-cost invoicing software to charge your customers. You can then offer domains and shared website hosting packages to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.