The World Wide Web is an ever-growing community that provides new possibilities to gain cash on the Internet. One of these options is to be a domain name reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a blossoming business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain involves two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-character abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each particular TLD may include, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all DNS records.
Make Money From Reselling Domains
Many Registrars have reseller programs that allow individuals to earn profit from selling domain names to end clients. If you subscribe to such a program, you can set up your own online business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more people in provinces or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Trade TLDs On Behalf Of Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will receive a CP where you can select the prices for the separate TLDs that the Registrar provides. Most firms also provide invoice software and web design templates for your online shop, and the automation of the entire process coupled with the considerable demand for domains render the domain name reseller business so alluring. You will either receive a ready-for-use website and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own portal and order form. Typically, you have the option to pick between the 2 alternatives, so it all revolves around how skillful you are in these issues. As a domain reseller, you will operate under your personal brand and not on behalf of the Registrar's brand.
Earn Profit From Providing Web Hosting Services As Well
A proper addition to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to clients who want to establish their website and need both a domain and a web hosting package. Particular corporations have such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to charge your customers. You can then sell domains and shared hosting accounts to clients, and since they offer many different domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.