The Internet is an ever-increasing community that offers new opportunities to gain cash on the Internet. One of them is to be a domain name reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is an enlarging business niche that you can become a part of.
TLDs and SLDs
A domain includes two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve 2-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each specific top-level domain name may involve, among them the duration of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all DNS records.
Gain Profit From Selling Domains
Multiple Registrars have reseller programs that permit individuals to make profit from offering domain names to end clients. If you subscribe to such a program, you can kickstart your very own web business. Regularly, 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 client. The reason is that resellers can reach more clients in regional districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Trade Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will receive a website hosting CP where you can set the prices for the different Top-Level Domains that the Registrar provides. Most companies also provide invoicing software and web page themes for your online store, and the automation of the whole process combined with the huge demand for domains make the domain reseller market niche so alluring. You will either have a pre-made site and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own portal and form for placing orders. Typically, you have the option to pick between the 2 possibilities, so it all depends on how trained you are in these things. As a domain reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Gain Money From Promoting Site Hosting Packages As Well
A suitable addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to users who desire to manage their web portal and require both a domain name and a web site hosting package. Particular corporations have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing software to charge your clients. You can then sell Top-Level Domains and shared web hosting accounts to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all over the globe.