The Internet is an ever-enlarging system that provides new possibilities to gain money on the Web. One of these possibilities is to become a domain name reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domains, so this is an enlarging business niche that you can be engaged in.
TLDs and SLDs
A domain involves two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain two-character abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and sets the preconditions that each given Top-Level Domain may include, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to customers and administer all DNS resource records.
Earn Cash From Offering Domain Names
Numerous Registrars have reseller programs that enable people to gain cash from offering domain names to end users. If you register with such a program, you can start your very own personal electronic business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more users in regional districts or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell TLDs On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will acquire a web page hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most firms also provide billing management software and templates for your online shop, and the automation of the whole process combined with the enormous demand for domains render the domain name reseller market niche so alluring. You will either acquire a turn-key site and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal portal and form for placing orders. Typically, you have the opportunity to pick between the 2 options, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will do business under your very own personal brand name and not on behalf of the Registrar's brand.
Make Money From Reselling Hosting Solutions Too
A logical supplement to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to people who would like to manage their web page and need both a domain name and a hosting package. A few corporations provide such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice transaction software to charge your clients. You can then offer top-level domain names and shared web hosting plans to customers, and since they provide plenty of diverse domain extensions, you will be able to offer domain name and hosting services to people from all around the globe.