The Internet is an ever-expanding community that delivers new options to gain money on the Web. One of these opportunities is to be a domain reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is a thriving business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain comprises 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each specific TLD may entail, like the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact sell the domain name to customers and manage all DNS records.
Gain Money From Reselling Domains
Many Registrars have reseller programs that permit individuals to gain revenue from offering domains to end clients. If you register with such a program, you can build your own personal online business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more clients in areas or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Brand Name
When you register with a domain name reseller program, you will have a web hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also provide billing transaction software and web design templates for your web storefront, and the automation of the whole procedure coupled with the swelling demand for domain names render the domain name reseller market niche so tempting. You will either get a pre-built web site and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own web page and form for placing orders. Usually, you have the option to select between the 2 possibilities, so it all depends on how accomplished you are in these matters. As a domain reseller, you will do business under your very own trademark name and not under the Registrar's.
Make Revenue From Promoting Web Hosting Packages As Well
An excellent supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to customers who wish to set up their web site and demand both a domain and a hosting account. Particular firms offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoice transaction software to charge your clients. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to users from all around the globe.