The World Wide Web is an ever-growing network that supplies new options to gain cash on the Internet. One of these options is to be a domain name reseller and offer domains to end customers, making 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 millions of presently functioning domains, so this is a thriving business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-character abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the prerequisites that each concrete top-level domain name may impose, like the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to clients and manage all DNS resource records.
Gain Cash From Offering Domains
Numerous Registrars have reseller programs that permit individuals to earn profit from offering domains to end users. If you subscribe to such a program, you can set up your very own Internet business. Normally, a domain name 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 cause is that resellers can contact more persons in regional districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade Domains Under Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will get a website hosting Control Panel where you can fix the prices for the specific top-level domain names that the Registrar provides. Most companies also offer invoicing transaction software and layouts for your web shop, and the automation of the whole procedure together with the big demand for domains render the domain name reseller market niche so tempting. You will either obtain a ready-for-use site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own portal and order form. Typically, you have the option to choose between the two options, so it all revolves around how practiced you are in these things. As a domain name reseller, you will do business on behalf of your personal brand and not under the Registrar's brand.
Gain Cash From Reselling Web Hosting Services Too
A good supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to clients who want to establish their online portal and require both a domain and a site hosting plan. Certain firms provide such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to charge your clients. You can then sell domain names and shared website hosting accounts to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to users from all around the globe.