The Internet is an ever-growing system that generates new possibilities to make money on the Internet. One of these opportunities is to be a domain reseller and sell domains to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently functioning domains, so this is an expanding marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name is composed of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include two-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the prerequisites that each given top-level domain name may have, 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 offer the domain name to customers and handle all domain name resource records.
Make Money From Reselling Domain Names
Numerous Registrars have reseller programs that allow individuals to earn revenue from selling domain names to end users. If you subscribe to such a program, you can kickstart your own Internet business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more clients in local regions or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will receive a hosting Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also provide billing software and web design templates for your virtual storefront, and the automation of the whole process together with the swelling demand for domains render the domain reseller market so alluring. You will either get a turn-key site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own portal and form for placing orders. Usually, you have the opportunity to decide between the 2 options, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will operate on behalf of your personal brand and not under the Registrar's.
Earn Cash From Providing Web Site Hosting Accounts Too
A relevant addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to clients who would like to make their web page and require both a domain name and a web page hosting plan. Given companies furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing software to bill your customers. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to users from all over the world.