The Internet is an ever-increasing community that furnishes new ways to gain money on the Web. One of these possibilities is to become a domain reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of presently active domains, so this is an enlarging business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name includes 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-character abbreviations that correspond to 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 Top-Level Domain, has a Registry - an institution that manages the registrations and sets the prerequisites that each specific TLD may include, including the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain records.
Make Money From Selling Domains
Plenty of Registrars have reseller programs that enable people to make money from offering domain names to end users. If you sign up for such a program, you can build your very own Internet business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can contact more people in regions or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Domain Names Under Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will have a web site hosting CP where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer invoicing software and templates for your virtual store, and the automation of the entire process combined with the great demand for domain names render the domain reseller business so alluring. You will either get a pre-made web site and use the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own online portal and form for placing orders. Commonly, you have the opportunity to decide between the two possibilities, so it all depends on how expert you are in these things. As a domain name reseller, you will operate on behalf of your very own trademark name and not on behalf of the Registrar's brand.
Earn Cash From Supplying Webspace Hosting Solutions Too
A suitable addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to customers who would like to have their site and demand both a domain and a web hosting account. A number of companies furnish such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing management software to charge your clients. You can then sell TLDs and shared web hosting packages to customers, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to people from all around the world.