The World Wide Web is an ever-increasing network that delivers new opportunities to make money on the Web. One of these possibilities is to become a domain reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a growing marketing niche that you can be involved in.
TLDs and SLDs
A domain involves 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-character abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and sets the prerequisites that each given Top-Level Domain may include, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain records.
Gain Revenue From Selling Domain Names
Numerous Registrars have reseller programs that allow individuals to earn revenue from selling domains to end customers. If you register with such a program, you can initiate your very own personal web business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can contact more people in provinces or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domain Names Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will receive a Control Panel where you can choose the prices for the specific TLDs that the Registrar provides. Most companies also offer invoice management software and site themes for your virtual store, and the automation of the whole process together with the vast demand for domains make the domain name reseller market so tempting. You will either acquire a turn-key web site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal portal and form for placing orders. Usually, you have the option to decide between the 2 options, so it all depends on how expert you are in these things. As a domain name reseller, you will do business under your own brand and not under the Registrar's.
Gain Cash From Promoting Web Space Hosting Accounts As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to people who want to develop their web portal and demand both a domain name and a web site hosting package. Some companies supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing transaction software to charge your clients. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.