The Internet is an ever-increasing system that delivers new options to earn cash on the Web. One of them is to be a domain name reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domains, so this is a flowering business niche that you can be engaged in.
TLDs and SLDs
A domain name involves two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that handles the registrations and sets the preconditions that each particular Top-Level Domain may involve, including the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS records.
Earn Profit From Selling Domain Names
Numerous Registrars have reseller programs that allow people to earn revenue from offering domain names to end customers. If you sign up for such a program, you can establish your very own Internet business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more people in local communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will 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 Top-Level Domain Names Under Your Very Own Brand Name
When you register with a domain reseller program, you will get a web hosting Control Panel where you can fix the prices for the specific top-level domain names that the Registrar provides. Most corporations also provide invoice management software and web site skins for your online store, and the automation of the entire procedure combined with the strong demand for domain names make the domain name reseller business niche so desirable. You will either receive a turn-key web site and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal online portal and order form. Typically, you have the opportunity to choose between the 2 options, so it all depends on how skilled you are in these issues. As a domain reseller, you will sell under your own trademark name and not under the Registrar's brand.
Gain Profit From Selling Web Hosting Plans As Well
A suitable supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to individuals who wish to set up their web page and demand both a domain and a hosting account. A few firms supply such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice software to bill your clients. You can then offer domain names and shared hosting plans to clients, and since they offer many diverse domain extensions, you will be able to offer domain name and hosting services to customers from all over the world.