The World Wide Web is an ever-enlarging community that generates new opportunities to make money online. One of these options is to be a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name consists of two pieces - 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.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include 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 name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each specific top-level domain name may contain, like the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually offer the domain name to customers and administer all domain name resource records.
Make Revenue From Trading Domains
Multiple Registrars have reseller programs that permit people to gain profit from offering domain names to end clients. If you subscribe to such a program, you can kickstart your very own personal e-business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more persons in local regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Domain Names On Behalf Of Your Own Personal Brand Name
When you register with a domain name reseller program, you will get a site hosting CP where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most corporations also provide invoicing transaction software and design templates for your online shop, and the automation of the whole procedure coupled with the immense demand for domain names render the domain name reseller market niche so desirable. You will either acquire a ready-made website and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own online portal and order form. Typically, you have the option to select between the two possibilities, so it all depends on how skillful you are in these matters. As a domain name reseller, you will sell on behalf of your own personal brand name and not under the Registrar's.
Gain Cash From Selling Web Hosting Solutions Too
An excellent addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to people who want to launch their site and require both a domain name and a hosting account. A number of companies have such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to bill your customers. You can then offer Top-Level Domains and shared hosting plans to clients, and since they offer many different domain extensions, you will be able to offer domain and hosting services to people from all around the globe.