The World Wide Web is an ever-flourishing network that delivers new ways to gain cash on the Internet. One of these options is to become a domain name reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently active domains, so this is a blossoming marketing niche that you can become engaged in.
TLDs and SLDs
A domain name is made of two entities - 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 and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-letter abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the preconditions that each specific TLD may involve, among them the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain resource records.
Make Revenue From Offering Domain Names
Lots of Registrars have reseller programs that enable individuals to gain money from selling domain names to end users. If you register with such a program, you can kick off your very own electronic business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more people in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer TLDs Under Your Very Own Brand Name
When you sign up for a domain reseller program, you will acquire a hosting Control Panel where you can fix the prices for the individual top-level domain names that the Registrar provides. Most corporations also offer billing management software and site themes for your web shop, and the automation of the whole process combined with the vast demand for domain names render the domain name reseller business niche so tempting. You will either have a ready-made web site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own web site and form for placing orders. Traditionally, you have the opportunity to pick between the 2 options, so it all revolves around how accomplished you are in these matters. As a domain name reseller, you will sell under your own personal brand name and not on behalf of the Registrar's.
Gain Cash From Offering Website Hosting Accounts Too
A sensible supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to people who desire to create their web portal and require both a domain and a web page hosting plan. Particular corporations have such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing software to charge your clients. You can then sell TLDs and shared web hosting accounts to clients, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to people from all over the world.