The World Wide Web is an ever-developing community that offers new ways to earn money on the Web. One of these ways is to be a domain name reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blooming marketing niche that you can become involved in.
TLDs and SLDs
A domain consists of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of 2-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each specific Top-Level Domain may include, among them the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and handle all domain resource records.
Gain Revenue From Offering Domains
Multiple Registrars have reseller programs that enable people to gain money from selling domain names to end users. If you subscribe to such a program, you can set up your own personal Internet business. As a rule, a domain name will be more inexpensive 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 regional communities or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domain Names Under Your Own Brand
When you sign up for a domain reseller program, you will receive a web hosting CP where you can settle the prices for the individual top-level domain names that the Registrar provides. Most companies also provide invoice transaction software and site layouts for your online storefront, and the automation of the entire process together with the huge demand for domain names make the domain reseller market niche so seductive. You will either get a pre-built site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own web site and form for placing orders. Normally, you have the option to select between the 2 alternatives, so it all depends on how accomplished you are in these things. As a domain name reseller, you will operate under your own personal brand and not under the Registrar's brand.
Gain Money From Supplying Web Site Hosting Services Too
A logical addition to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to persons who would like to create their web site and require both a domain name and a webspace hosting plan. Particular firms have such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to bill your clients. You can then offer domains and shared web hosting plans to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain and hosting services to clients from all over the globe.