The Internet is an ever-expanding platform that furnishes new possibilities to gain money online. One of these possibilities is to be a domain reseller and offer domains to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently active domain names, so this is an increasing marketing niche that you can become involved in.
TLDs and SLDs
A domain involves two constituents - 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 and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include two-character abbreviations that symbolize 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 or a ccTLD, has a Registry - an institution that deals with the registrations and determines the prerequisites that each specific top-level domain name may have, among them the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to customers and manage all DNS records.
Make Money From Trading Domains
Plenty of Registrars have reseller programs that allow individuals to make money from offering domains to end customers. If you subscribe to such a program, you can kick off your very own web business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more customers in provinces or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Resell Domains Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will receive a web site hosting CP where you can set the prices for the individual TLDs that the Registrar offers. Most corporations also offer billing software and web page templates for your online storefront, and the automation of the entire process together with the great demand for domains make the domain reseller market niche so desirable. You will either acquire a pre-made site and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal online portal and form for placing orders. Commonly, you have the opportunity to choose between the two options, so it all revolves around how skillful you are in these affairs. As a domain name reseller, you will sell under your very own trademark name and not under the Registrar's brand.
Make Profit From Selling Site Hosting Accounts As Well
An adequate addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to users who desire to establish their web portal and need both a domain and a website hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free billing transaction software to charge your customers. You can then sell TLDs and shared web hosting plans to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to customers from all around the globe.