The World Wide Web is an ever-enlarging platform that generates new ways to earn money online. One of these ways is to become a domain name reseller and offer domain names to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently active domain names, so this is an increasing business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain involves 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD 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 domain names comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-letter abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the requirements that each specific TLD may include, like the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually offer the domain name to customers and manage all domain name records.
Earn Revenue From Selling Domain Names
A lot of Registrars have reseller programs that permit people to gain cash from selling domains to end clients. If you subscribe to such a program, you can launch your own personal Internet business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more clients in areas or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domains Under Your Very Own Personal Brand Name
When you register with a domain reseller program, you will obtain a web hosting CP where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also provide invoice transaction software and web page skins for your virtual store, and the automation of the whole procedure together with the towering demand for domain names make the domain reseller market niche so alluring. You will either get a turn-key website 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 own personal online portal and order form. Usually, you have the option to decide between the two possibilities, so it all revolves around how advanced you are in these matters. As a domain reseller, you will work under your own trademark name and not on behalf of the Registrar's brand.
Gain Profit From Trading Web Site Hosting Solutions As Well
A perfect addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to persons who want to set up their website and demand both a domain name and a web page hosting plan. Certain corporations provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice software to bill your customers. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain name and hosting services to persons from all around the globe.