The World Wide Web is an ever-enlarging network that supplies new possibilities to make money on the Internet. One of them is to be a domain name reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is an increasing business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain is made of two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an institution that handles the registrations and determines the requirements that each specific Top-Level Domain may have, among them 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 offer the domain name to clients and handle all domain records.
Earn Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that permit people to make revenue from selling domain names to end clients. If you subscribe to such a program, you can begin your very own personal electronic business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more customers in local communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Offer Domains On Behalf Of Your Own Trademark Name
When you subscribe to a domain reseller program, you will receive a web hosting CP where you can determine the prices for the individual top-level domain names that the Registrar offers. Most companies also provide billing management software and site themes for your virtual store, and the automation of the whole procedure combined with the huge demand for domains render the domain name reseller market niche so attractive. You will either receive a turn-key web site and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal website and form for placing orders. Commonly, you have the opportunity to choose between the 2 options, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will sell on behalf of your own personal brand and not under the Registrar's brand.
Earn Profit From Supplying Web Site Hosting Accounts Too
A proper addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to clients who wish to have their online portal and require both a domain name and a web hosting plan. A few firms provide such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing software to bill your customers. You can then offer top-level domain names and shared web hosting plans to clients, and since they offer a lot of diverse domain extensions, you will be able to offer domain name and hosting services to persons from all over the globe.