The World Wide Web is an ever-growing community that furnishes new opportunities to gain cash on the Internet. One of these options is to be a domain reseller and sell domains to end users, earning revenue 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 currently active domains, so this is a thriving trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain is made of 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name 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 Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-letter abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the preconditions that each specific TLD may include, like the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually sell the domain name to customers and administer all DNS records.
Make Revenue From Selling Domains
Many Registrars have reseller programs that allow individuals to earn profit from offering domain names to end customers. If you subscribe to such a program, you can launch your very own electronic business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can contact more customers in regional communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell TLDs On Behalf Of Your Own Trademark Name
When you sign up for a domain reseller program, you will acquire a site hosting CP where you can choose the prices for the specific top-level domain names that the Registrar provides. Most firms also provide invoice software and web design templates for your web storefront, and the automation of the entire procedure coupled with the growing demand for domain names make the domain reseller business niche so attractive. You will either obtain a ready-made site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own portal and order form. Traditionally, you have the option to choose between the two alternatives, so it all depends on how proficient you are in these matters. As a domain name reseller, you will operate on behalf of your own brand name and not under the Registrar's.
Make Revenue From Promoting Web Hosting Accounts Too
A perfect supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to people who wish to create their web portal and demand both a domain and a web page hosting package. Certain firms have such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice management software to charge your customers. You can then sell top-level domain names and shared web hosting plans to clients, and since they provide lots of different domain name extensions, you will be able to provide domain and hosting services to customers from all around the world.