The World Wide Web is an ever-expanding network that furnishes new options to earn money online. One of these opportunities is to be a domain reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is a blossoming marketing niche that you can become involved in.
TLDs and SLDs
A domain name contains two parts - 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.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of 2-letter abbreviations that denote 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 generic top-level domain name or a ccTLD, has a Registry - an organization that handles the registrations and determines the preconditions that each particular Top-Level Domain may include, like the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and manage all domain records.
Make Profit From Trading Domains
A lot of Registrars have reseller programs that enable people to gain cash from selling domain names to end customers. If you sign up for such a program, you can kickstart your very own personal e-business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can contact more persons in provinces or states where the Registrar may not be known 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 On Behalf Of Your Own Brand
When you sign up for a domain reseller program, you will have a hosting CP where you can select the prices for the various TLDs that the Registrar offers. Most companies also provide invoice transaction software and web layouts for your online shop, and the automation of the entire process coupled with the vast demand for domains render the domain name reseller market niche so seductive. You will either get a turn-key web site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal site and order form. Commonly, you have the opportunity to pick between the 2 options, so it all revolves around how proficient you are in these affairs. As a domain reseller, you will sell on behalf of your very own personal brand name and not under the Registrar's.
Earn Cash From Reselling Web Site Hosting Plans As Well
A logical addition to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to people who desire to set up their web page and require both a domain and a site hosting account. A few companies have such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free billing software to bill your customers. You can then offer domains and shared hosting accounts to clients, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to users from all around the globe.