The Internet is an ever-flourishing system that provides new ways to earn money on the Web. One of these opportunities is to become a domain reseller and offer domains to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a developing marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain contains two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain 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 like .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-letter abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an institution that handles the registrations and sets the prerequisites that each given top-level domain name may involve, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and manage all DNS records.
Make Profit From Reselling Domains
Numerous Registrars have reseller programs that permit people to earn cash from offering domains to end clients. If you subscribe to such a program, you can kick off your own personal web business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more users in provinces or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties 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.
Sell Top-Level Domains Under Your Very Own Trademark Name
When you register with a domain reseller program, you will receive a site hosting Control Panel where you can choose the prices for the separate top-level domain names that the Registrar provides. Most companies also provide invoicing transaction software and web site skins for your web storefront, and the automation of the whole procedure together with the considerable demand for domains make the domain name reseller market niche so tempting. You will either obtain a ready-for-use site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal portal and form for placing orders. Normally, you have the option to choose between the 2 possibilities, so it all depends on how expert you are in these things. As a domain name reseller, you will operate under your own brand name and not on behalf of the Registrar's brand.
Earn Profit From Supplying Webspace Hosting Packages As Well
An excellent addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to individuals who want to build their website and need both a domain and a website hosting plan. Certain companies have such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to bill your customers. You can then offer TLDs and shared website hosting plans to clients, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to individuals from all around the world.