The World Wide Web is an ever-flourishing community that supplies new ways to gain money on the Web. One of them is to be a domain reseller and sell domain names to end clients, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are millions of currently functioning domain names, so this is an expanding business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain consists of two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain 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 popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an institution that deals with the registrations and determines the requirements that each concrete TLD may impose, including the duration of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain name resource records.
Earn Cash From Offering Domains
Plenty of Registrars have reseller programs that permit individuals to gain profit from offering domains to end users. If you subscribe to such a program, you can establish your very own personal electronic business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more clients in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Personal Brand
When you sign up for a domain reseller program, you will have a web page hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer invoice software and website skins for your virtual storefront, and the automation of the whole process coupled with the great demand for domain names make the domain reseller market niche so tempting. You will either have a pre-made website and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own portal and order form. Traditionally, you have the opportunity to decide between the two options, so it all revolves around how expert you are in these matters. As a domain name reseller, you will sell on behalf of your own trademark name and not under the Registrar's.
Gain Money From Supplying Web Hosting Packages As Well
A nice addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to persons who desire to run their web site and need both a domain and a web space hosting account. A number of companies supply such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice management software to bill your clients. You can then offer domain names and shared web hosting accounts to clients, and since they provide a lot of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all around the world.