The World Wide Web is an ever-growing system that supplies new options to gain cash on the Internet. One of these opportunities is to be a domain reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain contains 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of two-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the preconditions that each given top-level domain name may involve, like the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain resource records.
Earn Money From Selling Domain Names
Many Registrars have reseller programs that enable individuals to gain revenue from selling domains to end customers. If you sign up for such a program, you can commence your own personal online business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more individuals in provinces or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names On Behalf Of Your Personal Trademark Name
When you sign up for a domain reseller program, you will receive a web page hosting CP where you can fix the prices for the individual TLDs that the Registrar offers. Most companies also provide billing software and website layouts for your virtual storefront, and the automation of the whole procedure together with the proliferating demand for domain names make the domain name reseller market niche so alluring. You will either obtain a ready-to-use web site and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web site and order form. Usually, you have the option to decide between the 2 options, so it all depends on how proficient you are in these things. As a domain reseller, you will work on behalf of your own brand and not on behalf of the Registrar's brand.
Gain Profit From Providing Hosting Accounts Too
A logical supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to persons who would like to establish their web site and demand both a domain name and a web space hosting plan. Given corporations provide such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice software to charge your customers. You can then sell Top-Level Domains and shared website hosting packages to clients, and since they offer many diverse domain extensions, you will be able to offer domain and hosting services to individuals from all around the world.