The Internet is an ever-increasing network that delivers new ways to make cash on the Web. One of them is to be a domain name reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a thriving marketing niche that you can become a part of.
TLDs and SLDs
A domain involves two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and determines the preconditions that each specific Top-Level Domain may contain, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain name resource records.
Make Revenue From Offering Domains
Multiple Registrars have reseller programs that permit individuals to gain revenue from selling domains to end users. If you register with such a program, you can start your own online business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more customers in regional communities or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will benefit 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 name registration.
Resell Top-Level Domains Under Your Very Own Trademark Name
When you register with a domain reseller program, you will acquire a hosting CP where you can fix the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide invoicing transaction software and web page layouts for your virtual store, and the automation of the entire procedure combined with the vast demand for domains make the domain name reseller business so attractive. You will either acquire a ready-to-use site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web page and order form. Traditionally, you have the option to pick between the two options, so it all depends on how practiced you are in these matters. As a domain name reseller, you will do business on behalf of your very own personal brand and not under the Registrar's brand.
Gain Revenue From Promoting Web Hosting Packages As Well
A relevant supplement to your domain reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to people who wish to manage their web page and require both a domain name and a website hosting plan. Particular firms have such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to bill your clients. You can then sell top-level domain names and shared website hosting plans to clients, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.