The Internet is an ever-enlarging system that furnishes new ways to gain money on the Web. One of these possibilities is to become a domain reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is an enlarging business niche that you can become a part of.
TLDs and SLDs
A domain name involves two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-character abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each given Top-Level Domain may contain, including the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and handle all domain name resource records.
Earn Profit From Offering Domains
Many Registrars have reseller programs that enable individuals to earn profit from selling domain names to end clients. If you subscribe to such a program, you can kickstart your own online business. Typically, a domain name will be cheaper 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 clients in regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domain Names Under Your Very Own Brand
When you register with a domain reseller program, you will obtain a web page hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar offers. Most corporations also offer invoice software and web templates for your online shop, and the automation of the entire process combined with the rising demand for domain names render the domain name reseller business niche so desirable. You will either acquire a ready-to-use site and make use of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web site and form for placing orders. Usually, you have the option to choose between the 2 possibilities, so it all revolves around how trained you are in these affairs. As a domain reseller, you will operate under your own personal brand name and not under the Registrar's brand.
Earn Revenue From Selling Site Hosting Services Too
A proper supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to clients who would like to create their web page and need both a domain name and a hosting account. A number of corporations offer such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice software to charge your clients. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they offer lots of different domain extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.