The World Wide Web is an ever-growing platform that offers new ways to make money on the Web. One of these possibilities is to be a domain reseller and offer domain names to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is an expanding business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain is composed of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an institution that manages the registrations and determines the prerequisites that each concrete Top-Level Domain may have, like the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain name resource records.
Make Cash From Offering Domains
Plenty of Registrars have reseller programs that enable individuals to earn revenue from offering domains to end clients. If you register with such a program, you can set up your own personal Internet business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can contact more persons in regional districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will take advantage of 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.
Resell Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will get a CP where you can set the prices for the individual TLDs that the Registrar provides. Most companies also offer invoice management software and web design themes for your online storefront, and the automation of the whole procedure together with the swelling demand for domains render the domain name reseller market niche so attractive. You will either receive a ready-made website and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal website and order form. Traditionally, you have the option to pick between the 2 possibilities, so it all revolves around how skillful you are in these things. As a domain name reseller, you will do business on behalf of your own brand name and not on behalf of the Registrar's.
Make Profit From Reselling Site Hosting Services As Well
An excellent supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to clients who wish to have their online portal and require both a domain and a web space hosting plan. Some corporations furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing software to charge your clients. You can then sell Top-Level Domains and shared hosting accounts to customers, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to people from all around the world.