The Internet is an ever-flourishing community that provides new opportunities to gain money on the Web. One of them is to become a domain name reseller and offer domains to end users, making 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 currently functioning domain names, so this is a growing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name contains two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the preconditions that each given top-level domain name may entail, among them the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all DNS resource records.
Make Profit From Selling Domain Names
Numerous Registrars have reseller programs that permit individuals to gain cash from offering domains to end customers. If you sign up for such a program, you can initiate your very own Internet business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more individuals in regional districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer TLDs On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will acquire a website hosting Control Panel where you can determine the prices for the different TLDs that the Registrar provides. Most corporations also offer invoice software and web site themes for your virtual shop, and the automation of the entire process together with the large demand for domain names make the domain name reseller business so tempting. You will either acquire a pre-developed web site and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal portal and order form. Usually, you have the option to select between the 2 options, so it all depends on how expert you are in these affairs. As a domain name reseller, you will do business on behalf of your own brand and not on behalf of the Registrar's.
Earn Cash From Trading Hosting Services As Well
A proper supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to persons who would like to establish their online portal and need both a domain and a website hosting account. A few firms furnish such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing software to charge your customers. You can then sell domain names and shared website hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.