The World Wide Web is an ever-growing system that provides new possibilities to gain cash online. One of them is to become a domain reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are millions of presently active domain names, so this is an enlarging business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name includes two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the requirements that each specific Top-Level Domain may entail, such as the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and manage all domain name records.
Make Profit From Offering Domain Names
Multiple Registrars have reseller programs that enable people to earn cash from selling domains to end clients. If you register with such a program, you can start your very own e-business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more people in regional districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will earn a profit from 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.
Sell TLDs On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will get a website hosting CP where you can choose the prices for the individual TLDs that the Registrar offers. Most corporations also offer billing management software and web design themes for your web storefront, and the automation of the entire process coupled with the big demand for domain names make the domain reseller market niche so seductive. You will either obtain a ready-made website and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own portal and order form. Usually, you have the option to choose between the two alternatives, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will operate under your very own personal trademark name and not on behalf of the Registrar's.
Make Cash From Offering Web Site Hosting Packages Too
A relevant supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to individuals who want to manage their site and need both a domain name and a web page hosting plan. Given companies furnish such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice management software to charge your clients. You can then sell TLDs and shared hosting accounts to customers, and since they provide a lot of different domain extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.