The Internet is an ever-increasing system that provides new ways to gain money online. One of them is to become a domain reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are millions of presently active domains, so this is a flowering marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name is composed of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include two-character abbreviations that stand for 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 gTLD or a country-code one, has a Registry - an organization that administers the registrations and determines the prerequisites that each specific top-level domain name may entail, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain resource records.
Gain Revenue From Selling Domains
A lot of Registrars have reseller programs that enable people to earn money from offering domains to end customers. If you subscribe to such a program, you can establish your own personal e-business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more customers in local regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Trade Domain Names On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will get a web page hosting Control Panel where you can settle the prices for the specific top-level domain names that the Registrar offers. Most corporations also offer invoicing software and website templates for your online storefront, and the automation of the entire process together with the towering demand for domains make the domain name reseller market so seductive. You will either have a ready-to-use site and use the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web site and form for placing orders. Usually, you have the option to pick between the 2 alternatives, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will sell on behalf of your own brand and not under the Registrar's brand.
Make Money From Selling Site Hosting Accounts As Well
A relevant supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to persons who wish to run their online portal and demand both a domain name and a webspace hosting package. Particular companies offer such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to bill your customers. You can then sell TLDs and shared web hosting packages to customers, and since they provide plenty of different domain extensions, you will be able to offer domain and hosting services to individuals from all over the globe.